• Total revenues increased by 46% to €2.75bn in Q3 23 compared to Q3 22
• Further provisions relating to Swiss franc loans of mBank of €234m in Q3 23
• Consolidated profit was up from to €195m for Q3 22 to €684m for Q3 23
• Commerzbank upgraded its profit target for the FY2023 from well above 2022 (€1.4bn) to €2.2bn (+57%)
• Commerzbank announced a share buy-back of €600m

08 Nov 2023
Strong Q3 23 figures, 2023 profit target upgrade and share buy-back

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Strong Q3 23 figures, 2023 profit target upgrade and share buy-back
• Total revenues increased by 46% to €2.75bn in Q3 23 compared to Q3 22
• Further provisions relating to Swiss franc loans of mBank of €234m in Q3 23
• Consolidated profit was up from to €195m for Q3 22 to €684m for Q3 23
• Commerzbank upgraded its profit target for the FY2023 from well above 2022 (€1.4bn) to €2.2bn (+57%)
• Commerzbank announced a share buy-back of €600m