Q2 2024 Commerzbank AG Earnings Call Transcript

Aug 07, 2024 / 07:00AM GMT
Operator

Hello, and welcome to the Commerzbank AG conference call regarding the second quarter results of 2024. (Operator Instructions) Let me now turn the floor over to your CEO, Manfred Knof.

Manfred Knof - Commerzbank AG - Chairman of the Board of Managing Director

Good morning, and welcome to our earnings call. Before we start I would like to make a small personal remark. I had the flu and for safety reasons and that most of us are planning to go on vacation. I'm sitting in a different room. So apologies for any potential hiccups or delays during the call.

I guess we all had wished for [calmer] market these days, but it's nevertheless, my pleasure to present you on very good Q2 and H1 results. We have a strong business momentum across the board. Client business in all segments, including mBank, shows, increasing revenues year on year and growth in fee income gains further traction, we are successfully balancing our business mix to reach our targets.

Our clear focus on execution pays off, and this makes us optimistic going forward. Our increased

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot