Commerzbank Cuts 2026 Net Interest Income Guidance
RBC Capital Markets analysts say strong deposit competition in Germany hurt Commerzbank’s third-quarter trends. The lender cut its 2026 net interest income guidance by a small amount and reiterated its longer-term target.
Commerzbank's trends in the third quarter were disappointing due to a hit from strong deposit competition in Germany, RBC Capital Markets' Anke Reingen and Susana Cruz write. The German lender cut its 2026 net interest income guidance by a small amount as a result, but reiterated longer-term target…