Commerzbank net profit up 35% in third quarter, confirming preliminary earnings
FILE PHOTO: A sign for an ATM of Commerzbank is seen in Frankfurt, Germany, March 19, 2019. REUTERS/Kai Pfaffenbach/File Photo
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FRANKFURT (Reuters) – Germany’s Commerzbank <CBKG.DE> posted a 35% rise in third-quarter net profit on Thursday, confirming preliminary figures published last month.
The earnings come as the state-backed bank carries out an overhaul, cutting staff and selling mBank <MBK.WA> in Poland.
(Reporting by Tom Sims; editing by Tom Sims)