Commerzbank: negative expectations for the first quarter

Commerzbank expects first quarter results are worse than those of the last part of 2015, in light of the low interest rates and the volatility of the market at the beginning of the year. It was the AD Marting Blessing to declare the annual meeting of the bank's shareholders. "This will have an effect on the entire year. It will be clearly more difficult to achieve the results achieved in 2015".

The Blessing sentences prompted the title in the negative to the Frankfurt Stock Exchange. At around 11.10 Commerzabank yields 2.74% to 8.23 euro, while the price yields 0.4%

Just last month, the second German bank was expected even a slight improvement in net profit this year. Commerzbank has closed 2015 with a net profit of 1.06 billion EUR, of which 187 million in the fourth quarter. It will announce officiale results for the first quarter on May 3.