commerzbank
Germany's Commerzbank on Wednesday reported a drop in second-quarter profit despite an increase in revenues, while reaffirming its optimistic fiscal 2024 outlook. In the second quarter, consolidated net profit dropped 4.8% to €538 million from last year's €565 million. Operating result was at €870 million, down 2% from €888 million a year ago. Total revenues for the quarter improved 1.5% to €2.67 billion from prior year's €2.63 billion, with strong contributions from customer business. Adjusted revenues were €2.82 billion, up 7.4% from last year. Net commission income improved 4.5% to €879 mil...
DPA International
Germany's Commerzbank on Wednesday reported a drop in second-quarter profit despite an increase in revenues, while reaffirming its optimistic fiscal 2024 outlook. In the second quarter, consolidated net profit dropped 4.8% to €538 million from last year's €565 million. Operating result was at €870 million, down 2% from €888 million a year ago. Total revenues for the quarter improved 1.5% to €2.67 billion from prior year's €2.63 billion, with strong contributions from customer business. Adjusted revenues were €2.82 billion, up 7.4% from last year. Net commission income improved 4.5% to €879 mil...
DPA
Germany's Commerzbank on Wednesday reported a drop in second-quarter profit despite an increase in revenues, while reaffirming its optimistic fiscal 2024 outlook. In the second quarter, consolidated net profit dropped 4.8% to €538 million from last year's €565 million. Operating result was at €870 million, down 2% from €888 million a year ago. Total revenues for the quarter improved 1.5% to €2.67 billion from prior year's €2.63 billion, with strong contributions from customer business. Adjusted revenues were €2.82 billion, up 7.4% from last year. Net commission income improved 4.5% to €879 mil...
DPA Breaking News
Im Wirecard-Skandal meldete die Commerzbank Finanzermittlern und Aufsicht über ein Jahr vor dem Kollaps des Konzerns den konkreten Verdacht krimineller Machenschaften. Doch kam keine Rückmeldung der Ermittler, wie eine Betrugsspezialistin der Bank am Donnerstag als Zeugin im Münchner Wirecard-Prozess berichtete. Auch die Commerzbank selbst zählte am Ende zu den Opfern: Obwohl das Frankfurter Geldhaus die Geschäftsbeziehung zu Wirecard beenden wollte, war das bis zum Wirecard-Kollaps im Sommer 2020 noch nicht vollzogen. Das berichtete der frühere Risikovorstand Marcus Chromik. Nachdem Presseber...
DPA (German)
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