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via finance.yahoo.comBusiness & Companies

Commerzbank Q3 profit jumps 45%, confirms full-year targets

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Commerzbank AG (ETR:CBKG) reported a 45% increase in third-quarter net profit on Thursday, as strong securities business and lower costs helped Germany's second-largest listed bank deliver a record nine-month result. Still guessing which stocks will beat the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA sharp quarterly profit rise with confirmed targets is relevant for the German bank's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net profit attributable to shareholders rose to 857 million euros...
  2. 02Operating profit climbed 25% to 1.31 billion euros.
  3. 03Revenues increased 9% to 3.2 billion euros.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Commerzbank AGCBK.XETRAStock38.95 EUR-2.26%today -2.26%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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