Commerzbank posts flat net profit in second-quarter, helped by low taxes

FRANKFURT (Reuters) - Germany's Commerzbank <CBKG.DE> on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but said its target for a slight increase in full-year net profit had become "significantly more ambitious".

Net profit of 271 million euros (£249 million) in the quarter was better than the 217 million euros expected by analysts and compares with 272 million euros a year earlier.

(Reporting by Tom Sims, editing by Riham Alkousaa)