FRANKFURT, Feb 10 (Reuters) - Germany's Commerzbank, fending off a possible takeover by Italy's UniCredit, said on Tuesday that net profit in 2025 fell slightly as it incurred restructuring costs, though it beat analysts' expectations and will buy back shares.
Net profit of 2.63 billion euros ($3.13 billion) in the year compares with a profit of 2.68 billion euros a year earlier.
Analysts had on average expected profit of 2.54 billion euros, according to a consensus forecast published by Commerzbank.
The lender, one of Germany's biggest and partially owned by the government, said that it will buy back an additional 540 million euros in shares.
It also said it would propose a dividend of 1.10 euros per share for 2025, up from 65 cents the year before.
Commerzbank is due to publish its full results on Wednesday.
($1 = 0.8402 euros)
Reporting by Tom Sims and Alexander Huebner, editing by Thomas Seythal
Source: Reuters