Commerzbank AG (UK) (GB:0RLW) has released an update.
Commerzbank AG reports a robust start to 2024 with its best quarterly net results in over a decade, thanks to strong customer business and a favorable interest rate environment. The German bank saw a 24% increase in its operating result to €1.1 billion and a 29% rise in net profit to €747 million. Shareholders were pleased with a proposed dividend of €0.35 per share, reflecting the bank’s commitment to delivering on its financial targets and strategic plan.
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