November 8, 2018 / 6:14 AM / 11 days ago

Commerzbank Q3 net profit slides 53 percent but outlook unchanged

FRANKFURT, Nov 8 (Reuters) - Germany’s Commerzbank on Thursday posted a 53 percent decline in net profit in the third quarter, as the lender focuses on a major overhaul and left its outlook for the full year unchanged.

Net profit of 218 million euros ($249.26 million) was above the 211 million euros forecast by analysts in a Reuters poll but is down from 467 million euros a year ago. ($1 = 0.8746 euros) (Reporting by Tom Sims, editing by Riham Alkousaa)

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