Commerzbank's Record Profits, Share Buyback
This is a London news story, published by CNBC, that relates primarily to Commerzbank news.
London news
For more London news, you can click here:
more London newsbanking & finance news
For more banking & finance news, you can click here:
more banking & finance newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
Commerzbank. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest net profit forecast news, new share buyback scheme news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
largest lender UniCreditCNBC
•Business
Business & Economics
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

77% Informative
Commerzbank announces 20% increase in net profit to 2.68 billion euros ( $2.78 billion ) in 2024 .
Group laid out intentions to repurchase 400 million euros of shares.
Shares in the lender were up 2.3% at 1:30 p.m. London time, following the release.
VR Score
88
Informative language
95
Neutral language
40
Article tone
semi-formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links