For the year 2019 to get to the Commerzbank shareholders a dividend of 15 cents per share, as since the financial crisis, part nationalized money house announced in Frankfurt. Thus, the dividend is reduced in comparison to the year 2018 to five cents per share.

share nevertheless premarket to

day-to-day business, the money, the house could cut off but better than feared. The operating result rose by around one percent to nearly 1.26 billion euros. Experts had expected a slight decline. Thanks to this unexpectedly positive Figures, the share price went up before the market opening.

Commerzbank chief Executive Martin Zielke showed himself satisfied with the result. "In the strategy, we have already achieved tangible progress. That's right, me, with a view to our return expectations are more optimistic.“

the Board builds the group

With the complete takeover of the Online subsidiary Comdirect and the sale of the majority stake in the Polish mBank, Commerzbank wants to raise their profile. The expected money from the mBank sale want to use the Board in order to cope with the cost of job cuts and branch closures.

by 2023, the Commerzbank plans to cut another 2300 Points. At the end of last year, the Bank had, according to a speaker on a full time basis almost 40.400 employees. In addition, every fifth of the about 1000 stores will be closed. In terms of yield, the Board of management had called in September a target of four per cent on the capital employed in the year 2023 as realistic.

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mbe/dpa, AFP Date Of Update: 13 February 2020, 09:00