Commerzbank Aktie: Großartige Neuigkeiten am Horizont!

Commerzbank has achieved remarkable financial results in 2024, posting a record profit of 2.68 billion euros, marking a 20% increase from the previous year. The Frankfurt-based bank's total revenue climbed by 6% to reach 11.11 billion euros, significantly exceeding market expectations. The institution demonstrated strong performance across key metrics, with net commission income rising 7% to 3.64 billion euros and net interest income holding steady at 8.33 billion euros. Operational efficiency improvements were evident in the cost-income ratio, which improved from 61% to 59%, despite setting aside 743 million euros for risk provisions.

Enhanced Shareholder Rewards

In response to the strong financial performance, Commerzbank has announced substantial increases in shareholder returns. The bank plans to nearly double its dividend to 0.65 euros per share, up from 0.35 euros in the previous year. Additionally, a new share buyback program worth up to 400 million euros will be implemented, scheduled for completion before the May annual general meeting. The combined shareholder distribution will total more than 1.7 billion euros, representing approximately 71% of the adjusted group profit.

Ad

Fresh Commerzbank information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.

Source StockWorld