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Commerzbank profit rises 45% as possible UniCredit takeover looms

By Reuters News

FRANKFURT, Nov 5 (Reuters) - Germany's Commerzbank CBKG.DE, nearing a possible takeover by Italy's UniCredit CRDI.MI, said on Thursday that net profit rose 45% in the third quarter and confirmed its 2026 outlook.

Net profit of €859 million euros ($967.32 million) in the quarter compares with a profit of €591 million a year earlier. Analysts had on average expected profit of €864 million, according to a consensus forecast published by Commerzbank.


($1 = 0.8880 euros)

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