Commerzbank Profit Rises 15 Percent

FRANKFURT, Germany (AP) — Germany's Commerzbank says third-quarter net income rose by 15 percent to 77 million euros ($104 million) as it cut costs and took fewer losses on shaky investments set aside for disposal. The bank's shares jumped 9.4 percent to 10.19 euros and led Germany's DAX blue-chip index in morning trading in Europe.

BING NEWS:
  • Commerzbank 9-month Profit Rises; Updates FY24 Outlook
    (RTTNews) - Commerzbank AG (CRZBY.PK), a German lender, reported that its profit attributable to shareholders and investors in additional equity components for the nine-month period ended on 30th ...
    11/5/2024 - 5:29 pm | View Link
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