diff --git a/drivers/s390/net/ctcm_main.c b/drivers/s390/net/ctcm_main.c
index 7617d21cb296..f63c5c871d3d 100644
--- a/drivers/s390/net/ctcm_main.c
+++ b/drivers/s390/net/ctcm_main.c
@@ -1595,6 +1595,7 @@ static int ctcm_new_device(struct ccwgroup_device *cgdev)
 		if (priv->channel[direction] == NULL) {
 			if (direction == CTCM_WRITE)
 				channel_free(priv->channel[CTCM_READ]);
+			result = -ENODEV;
 			goto out_dev;
 		}
 		priv->channel[direction]->netdev = dev;