• Revenues increased by 30% to €2.4bn driven by higher net interest income
• Restructuring charges were €25m in Q2 22 compared €511m in Q2 21
• The net result was a profit of €470m for Q2 22 compared to a loss of €527m for Q2 21
• Commerzbank confirmed its net result target of more than €1bn for the FY2022 despite no contribution from Polish mBank
• Risk costs of 20bp forecasted in a “no gas from Russia” scenario
03 Aug 2022
Good Q2 figures owing to higher interest income and lower restructuring costs
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Good Q2 figures owing to higher interest income and lower restructuring costs
• Revenues increased by 30% to €2.4bn driven by higher net interest income
• Restructuring charges were €25m in Q2 22 compared €511m in Q2 21
• The net result was a profit of €470m for Q2 22 compared to a loss of €527m for Q2 21
• Commerzbank confirmed its net result target of more than €1bn for the FY2022 despite no contribution from Polish mBank
• Risk costs of 20bp forecasted in a “no gas from Russia” scenario