Tag: pekao
Commerzbank is surprisingly expanding its profit – and is allowed to buy back shares
Dusseldorf Thanks to rising interest rates and the robust German economy, Commerzbank started 2023 with a strong jump in profits. In the first quarter, consolidated earnings almost doubled to 580…
Commerzbank is surprisingly expanding its profit – and is allowed to buy back shares
Commerzbank Commerzbank presents surprisingly good quarterly figures. (Photo: dpa) Dusseldorf Thanks to rising interest rates and the robust German economy, Commerzbank started 2023 with a strong jump in profits. In…
Commerzbank triples profit thanks to interest rate turnaround
Frankfurt Thanks to the turnaround in interest rates and the flourishing lending business, Commerzbank made its highest profit since 2007 last year. The consolidated result climbed to 1.4 billion euros…
Commerzbank profit collapses due to charges in Poland
Frankfurt The long-term crisis at the Polish subsidiary M-Bank ruined Commerzbank’s results in the third quarter. Profits fell by more than half to 195 million euros, as Germany’s second largest…
The Polish subsidiary M-Bank keeps the result again.
Commerzbank For the major German bank, the Polish subsidiary mBank is again a burden. (Photo: Reuters) Berlin Commerzbank has to digest high burdens again at its Polish subsidiary M-Bank. As…
Commerzbank expects high burdens from Polish subsidiary
Commerzbank headquarters in Frankfurt Despite the expected one-off charges, Commerzbank is sticking to its annual target. (Photo: Bloomberg/Getty Images) Frankfurt Commerzbank has to digest high burdens again at its Polish…