Commerzbank Reports $3.3 Billion Q4 Loss as It Counts Cost of Restructuring, Pandemic

Commerzbank Reports $3.3 Billion Q4 Loss as It Counts Cost of Restructuring, Pandemic
The headquarters of Germany's Commerzbank AG, Frankfurt, Germany, on Feb. 13, 2020. Ralph Orlowski/Reuters
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FRANKFURT—Germany’s Commerzbank reported a $3.3 billion fourth-quarter loss on Thursday, sinking further into the red as it continued a major restructuring and dealt with the fallout of the COVID-19 pandemic.

Its shares fell nearly 6 percent in mid-morning trade.