Commerzbank Overview

Commerzbank AG is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany after the balance sheet total.
The staff at Commerzbank come from unusually diverse demographic backgrounds. The company is 25.5% female and 45.6% ethnic minorities. Despite its diversity in other areas, Commerzbank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 73.3%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Commerzbank has great employee retention with staff members usually staying with the company for 4.3 years. The average employee at Commerzbank makes $114,792 per year, which is competitive for its industry and location. Some of its highest paying competitors, RBS Securities, Dresdner Kleinwort Wasserstein, and Deutsche Bank Trust Company Americas, pay $124,018, $120,376, and $116,666, respectively.
Based in the United States, Commerzbank is an industry leader with 49,174 employees and an annual revenue of $8.6B.

The Organization’s Mission

Build and maintain relationships between Germany and the US.

Industry

Bank

Revenue

$8.6B

Employees

49,174

Founded in

1870

Headquarters

-

Website

www.commerzbank.com

Organization Type

Public

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The Team At Commerzbank

Key People

    Martin Zielke (ceo)

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Commerzbank Salaries

How much does Commerzbank pay?
The national average salary for a Commerzbank employee in the United States is $114,751 per year. Employees in the top 10 percent can make over $185,000 per year, while employees at the bottom 10 percent earn less than $70,000 per year.
9.6
Salary Score

Commerzbank Salaries By Job Title

While the average employee salary at Commerzbank is $114,751, there is a big variation in pay depending on the role.

Some of the positions that earn high wages at Commerzbank include sales vice president, vice president-products, director of sales, and legal counsel.

A typical sales vice president salary at Commerzbank is $200,271.

Some of the other roles at Commerzbank are administrative assistant and database administrator. A worker with the title administrative assistant at Commerzbank earns an average salary of $48,172 per year.

Title
Average
Sales Vice President
Sales Vice President
$200,271
$200k
Vice President-Products
Vice President-Products
$190,392
$190k
Director Of Sales
Director Of Sales
$167,757
$168k
Legal Counsel
Legal Counsel
$164,905
$165k
Assistant Treasurer
Assistant Treasurer
$155,643
$156k
Information Technology Manager
Information Technology Manager
$154,198
$154k
Risk Manager
Risk Manager
$145,755
$146k
Compliance Officer
Compliance Officer
$144,670
$145k
Economist
Economist
$143,550
$144k
Finance Controller
Finance Controller
$142,881
$143k

Commerzbank Careers

On average, employees at Commerzbank stay with the company for 4.4 years. Employees most commonly join Commerzbank after leaving Citi. When they leave Commerzbank, they most frequently get their next job at Citi.

Average Length of Employment

Commerzbank

4.4 years
Goldman Sachs3.5 years
BNP Paribas2.9 years
Deutsche Bank2.8 years
Top Employers Before Commerzbank
Citi15.6 %
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Top Employers After Commerzbank
Citi13.1 %
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Commerzbank Employee Demographics

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Commerzbank Employees Education

Of the 49,174 employees at Commerzbank, 24.3% attended New York University. Employees at Commerzbank most frequently majored in Finance, and most employees’ highest level of education is a Bachelors.

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Commerzbank Financial Performance

7.1
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1870

Organization type

Public

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Commerzbank Competitors

Competitors of Commerzbank include RBS Securities, Dresdner Kleinwort Wasserstein, and Deutsche Bank Trust Company Americas.

The average salaries at RBS Securities rank the highest, with their employees earning an average salary of $124,433 per year.

Employees at Dresdner Kleinwort Wasserstein earn an average of $118,483 per year, and the employees at Deutsche Bank Trust Company Americas earn an average salary of $115,988 per year.

Frequently Asked Questions about Commerzbank

How many Employees does Commerzbank have?

Commerzbank has 49,174 employees.

How much money does Commerzbank make?

Commerzbank generates $8.6B in revenue.

What industry is Commerzbank in?

Commerzbank is in the bank industry.

What is Commerzbank's mission?

Commerzbank's mission statement is "Build and maintain relationships between Germany and the US."

What type of company is Commerzbank?

Commerzbank is a public company.

Who are Commerzbank's competitors?

Commerzbank competitors include BNP Paribas, Deutsche Bank, Goldman Sachs, The Bank of New York Mellon, Bankers Trust Company, Dresdner Kleinwort Wasserstein, Cantor Fitzgerald, Deutsche Bank Trust Company Americas, Jefferies, Rabobank, N.A., CIT Group, Israel Discount Bank, AllianceBernstein, US Trust Bank of America Private Wealth Management, RBS Securities, Bank Leumi USA, MBIA, Neuberger Berman, Natixis Global Asset Management LP, BOK Financial.

Who works at Commerzbank?

Martin Zielke (ceo)

What is Commerzbank's website?

You can find the Commerzbank website at www.commerzbank.com.

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Updated May 18, 2020

Zippia gives an in-depth look into the details of Commerzbank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Commerzbank. The employee data is based on information from people who have self-reported their past or current employments at Commerzbank. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Commerzbank and its employees or that of Zippia.

Commerzbank may also be known as or be related to COMMERZBANK AG USA, Commerzbank, Commerzbank AG and Commerzbank AG USA.