Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.The bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.
Commerzbank posts net profit increase, announces €400m share buyback
Commerzbank reported a net profit of €2.68 billion for 2024, marking a 20% increase from the previous year’s €2.22 billion and setting a record for the bank.  In a release Friday, the company reported preliminary and unaudited results.
Germany's Commerzbank posts 20% rise in net profit for 2024
Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a tie-up from Italy's UniCredit.
Commerzbank Lifts Shareholder Returns After 2024 Profit Breaks Record
The lender is planning a new 400 million-euro share buyback and increased its dividend payout after posting record net profit last year due to a strong customer business.
Germany's Commerzbank beats expectations with record profit
German bank Commerzbank beat expectations to report a record annual profit of €2.68 billion ($2.78 billion) on Friday in preliminary figures. The net result for the full financial year 2024 was 20% higher than the €2.
Commerzbank Achieves Record Profit and Enhances Shareholder Returns in 2024
Commerzbank ( ($DE:CBK) ) has shared an update. Commerzbank reported a record net result of €2.68 billion for 2024, marking a 20% increase from
Germany's Commerzbank profit jumps 20% in 2024 as it fends off UniCredit
Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two ...
Commerzbank Spurns Big Deals Pitched to Help Keep Orcel Away
In her quest to keep Commerzbank AG independent, Bettina Orlopp has concluded that large acquisitions probably aren’t the ...
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Commerzbank raises defenses against Unicredit: doubled dividends and 400 million buyback to shield shareholders
With profits up 20% and a payout of 71%, the German institution is preparing to defend its independence and consolidate ...
Commerzbank approves the implementation of a further share buyback – dividend for the fiscal year 2024 expected to be €0.65 per share
Commerzbank Aktiengesellschaft (CZB) Commerzbank approves the implementation of a further share buyback – dividend for the fiscal year 2024 expected to be €0.65 per share 31-Jan-2025 / 13:43 CET/CEST ...
Commodity Roundup: Commerzbank raises gold price forecast to $2,700 for Q1 end
Commerzbank has upped its gold price forecast for the end of the Q1 to $2,700 per ounce from $2,600, and the same applies to ...
Commerzbank says UniCredit's approach is hostile and unilateral
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
Commerzbank boss refused to meet UniCredit chief for informal deal talks
Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up ...
Commerzbank CEO Unveils Fresh Payouts as She Faces Off Orcel
Commerzbank AG Chief Executive Officer Bettina Orlopp announced a new share buyback and vowed to keep increasing payouts as ...
Commerzbank Says No Talks With UniCredit Until Specific Offer Made
BERLIN (Reuters) - Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it ...