Commerzbank began 2025 with nice momentum and beating the estimates. In the primary three months the revenue grows by 12%, reaching 834 million euros. This is one of the best begin of the 12 months and one of the best quarterly outcome from the primary quarter of 2011.
The Frankfurt Institute on the least of which Unicredit is shareholder with 28%, then confirms the outlook on the 12 months.
The working outcome has reached a brand new document with a rise of 13% to 1.2 billion euros. Revenues elevated by 12% to three.1 billion euros. The price/income ratio dropped to 56%, beneath the 57% goal for the whole 12 months. The progress rhythm of the web commissions has remained excessive.
Supported by a powerful exercise within the titles sector, Revenues from web commissions elevated by over 6%reaching 1,012 million euros.
Despite the troublesome financial context, the chance outcome remained at a reasonable degree of lower than 123 million euros. The efficiency of tangible web capital was two -digit, with 11.1% within the first quarter.
https://www.ilsole24ore.com/art/commerzbank-supera-aspettative-utile-trimestrale-834-milioni-euro-AHs06Wf