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 - Copyright Kai Pfaffenbach(Reuters)

By Reuters

Published on 07/11/2019 - 09:35•Updated 11/05/2024 - 00:48

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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.