Commerzbank (DE:CBK) has released an update.
Commerzbank’s Supervisory Board has reaffirmed its support for the company’s growth-oriented strategy, aiming for a Return on Equity over 12% by 2027. The bank is on track with its strategic plan, focusing on profitability and customer-centric services, intending to significantly increase shareholder returns with a projected net profit of over €3 billion and high payout ratios. Under the leadership of future CEO Bettina Orlopp, Commerzbank is set on expanding its market position and capitalizing on earnings potential across various segments, including its Polish subsidiary mBank.
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