Germany's Commerzbank has today posted its biggest profit in 15 years in 2023, a 55% increase from the previous year, as it benefited from higher interest rates, and the lender said it was aiming for another profit rise in 2024.

RTÉ

Ireland

Commerzbank posts biggest net profit in 15 years

Deutsche Bank analysts described the numbers as a "solid set of 4Q23 results" and reiterated their buy rating on the stock.

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CNBC

Roberts family

United States

High interest rates help Germany's Commerzbank post best results in 15 years

Government of Ireland

Strong customer activity and the evolution of interest rates allowed Commerzbank to achieve a 'robust' net interest margin, German bank said in a statement, noting that revenues grew to 10.5 billion euros in 2023, compared to 9.5 billion euros the previous year. Operating results increased by more than 60% in 2023, to 3.4 billion euros, according to the announcement. In addition, costs were reduced to 6.4 billion euros, down from 6.5 billion eur…

A forte atividade dos clientes e a evolução das taxas de juro permitiram ao Commerzbank alcançar uma margem financeira "robusta", refere banco germânico em comunicado, lembrando que as receitas cresceram em 2023 para 10.500 milhões de euros, quando no ano anterior se tinham fixado em 9.500 milhões de euros.  O resultado operacional, por sua vez, aumentou mais de 60% em 2023, para 3.400 milhões de euros, adiantou. Além disso, os custos foram redu…

Commerzbank apresenta lucro de 2.200 milhões em 2023 o melhor em 15 anos

Noticias ao Minuto

Portugal

Commerzbank presents profit of 2.2 billion in 2023, the best in 15 years.

O lucro do Commerzbank registou um crescimento de 55% em 2023. A forte atividade dos clientes e a evolução das taxas de juro permitiram ao Commerzbank alcançar uma margem financeira "robusta"

Commerzbank lucra €2200 milhões em 2023, o melhor resultado em 15 anos

Jornal Expresso

Impresa

Commerzbank profits €2200 million in 2023, the best result in 15 years

Commerzbank, Germany's largest financial institution after Deutsche Bank, made its highest profit in fifteen years last year. The group says it has benefited from “strong customer activity and continued high interest rates”.

Commerzbank, na Deutsche Bank de grootste financiële instelling van Duitsland, heeft vorig jaar de hoogste winst in vijftien jaar behaald. Het concern zegt te hebben geprofiteerd van „een sterke klantenactiviteit en aanhoudend hoge rentetarieven”.

Hoogste winst voor Commerzbank in 15 jaar

rd.nl

Apeldoorn

Gelderland

Netherlands

Highest profit for Commerzbank in 15 years

Commerzbank

Deutsche Bank

Germany

Commerzbank posts biggest profit in 15 years in 2023, a 55% increase from the previous year. The lender said it was aiming for another profit rise in 2024. But the bank warned that the sluggish economy "will remain a challenge" For the fourth quarter, net profit fell 16% but it was better than analysts had expected.

Commerzbank posts biggest net profit in 15 years

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