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The “Light Recession” card is located, according to Commerzbank Director Manfred BroF.
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Commerzbank Unexpectedly released quarter results on Friday, win the annual “registration” and announcing a new shopping scheme of shares.
The Bank said he reached 20% increase in 2.68 million euros (2.78 billion dollars) in 2024. This compares a 2.47 trillion-dollar earnings forecasting network according to the consensus mentioned by Reuters.
The team has established 400 million euros to purchase and proposes the payment of its dividends per 0.65 euros per year compared to 0.35 euros per year.
The shares of the borrower rose by 2% at 14:10 in London, following the liberation.
The most outstanding annual was 8.33 trillion euros in 2024, with 8.37 million euros per year, with the bank with the beneficial assessment effects of foreign exchange in the fourth quarter. The return of the tangible equity – the size of the profit performance – 2024 was risen to 9.2% in 2023% by 7.7%, exceeding the team goal at least 8%.
The team originally listed his plans to publish his fourth quarter and annual profits on 13 February, the annual strategy update and also wants Outlook. Early release with German legal requirements falls step by step when the return of capital significantly exceeds the expectations of capital markets.
Results Commerzbank is only doing a case after the stake of the surprise that builds the second largest Lender in Italy “” Unearnize market speculation stoked in potential. Unicredit has a participation of 9.5% and a participation of 18.5% through Commerzbank derivatives, after its participation in September, then increasing its position.
The movement has been complied with the resistance of the German government, and criticized their financial minister Jörg Kukies Unicredit “Very aggressive, very opaque“Send last week in a CNBC interview.
“We have exceeded our shareholders to return our capital,” said Commerzbank in a statement made by Bettina ORLOPP with the results, when driving to increase cost management and growth initiatives.
“We will increase the return of capital in the coming years and new growth initiatives, commerzbank is an attractive investment,” he noted.
As the duration of September, UnicRedit has also launched an offer to achieve the Italian parap Bank bpmTo grow up with a household or German action to grow up.
