Net profit of 472 million euros ($505.32 million) in the quarter compares with a profit of 421 million euros a year earlier. Analysts had on average expected a profit of more than 350 million euros, according to a consensus forecast published by Commerzbank. ($1 = 0.9341 euros) (Reporting by Tom Sims and Marta Orosz, Editing by Rachel More)
FRANKFURT, Feb 16 (Reuters) - Germany's Commerzbank said on Thursday that net profit rose a
better-than-expected 12% in the fourth quarter, helped by higher
interest rates and capping a second consecutive year of
full-year profit as it undergoes a major restructuring.
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