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Reuters exclusive on Commerzbank Q3 lifts shares 10.18.2010 Shares in Germany’s second-biggest lender Commerzbank extended gains by more than 1 percentage point after exclusive news on Oct 18 from Reuters that the bank would beat consensus estimates in the third quarter. Sources close to the company told Reuters in Frankfurt that a sharp decline in provisions for bad loans helped the bank book solid third-quarter earnings, though somewhat below the bank’s second-quarter results. The news was picked up by brokerages like Merck Finck and by German media including Handelsblatt, Financial Times Deutschland and Boersenzeitung. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters exclusive on Commerzbank Q3 lifts shares

10.18.2010

Shares in Germany’s second-biggest lender Commerzbank extended gains by more than 1 percentage point after exclusive news on Oct 18 from Reuters that the bank would beat consensus estimates in the third quarter. Sources close to the company told Reuters in Frankfurt that a sharp decline in provisions for bad loans helped the bank book solid third-quarter earnings, though somewhat below the bank’s second-quarter results. The news was picked up by brokerages like Merck Finck and by German media including Handelsblatt, Financial Times Deutschland and Boersenzeitung.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here