Research (J&T BANKA)
World markets  |  November 08, 2012 09:00:17

Commerzbank disappointing results, canceling dividends, KBC contrast positively surprised


German Commerzbank reported a lower net profit than the market projection (78 vs. Eyes. EUR 83 million). This was due to the loss of non-core assets and a decline in sales of consumer banking. The Bank also indicated the absence of dividends for the years 2012/13 through investments in restructuring.

Belgian KBC, which is mareřskou domestic companies CSOBannounced 3Q earnings higher this year vs. 406. eyelets. EUR 357 million higher than expected sales of 1.9 vs.. 1.8 billion. KBC reiterated its plan to repay the majority of state aid in the end.

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Výsledky Commerzbank zklamaly, zrušení dividendy, KBC naopak pozitivně překvapila

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