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Commerzbank Q1 net income rises on retail, E.Europe
May 7, 2014 / 5:11 AM / 4 years ago

Commerzbank Q1 net income rises on retail, E.Europe

FRANKFURT, May 7 (Reuters) - Commerzbank AG 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. (Reporting by Arno Schuetze; editing by Thomas Atkins)

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