Europe News

Commerzbank net income rises on retail, E.Europe

Hannelore Foerster | Bloomberg | Getty Images

Commerzbank posted a rise in profit in the first quarter as significantly improved earnings in retail banking and its Eastern European operations compensated for weaker investment banking income.

Germany's second-biggest bank posted a net profit of 200 million euros, slightly missing an analyst poll of 231 million euros. In the year-earlier period it lost 99 million euros.


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