October 28, 2019 / 4:10 PM / 17 days ago

Commerzbank posts 35% rise in Q3 net profit, exceeding expectations

FRANKFURT, Oct 28 (Reuters) - Germany’s Commerzbank on Monday said that it posted a preliminary 35% rise in third-quarter net profit, exceeding expectations.

Net profit in the quarter was 294 million euros ($326.08 million), up from 218 million a year earlier and ahead of a 248 million euro consensus forecast, the bank said. ($1 = 0.9016 euros) (Reporting by Tom Sims Editing by Chizu Nomiyama)

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