Commerzbank shares soared by around 14 percent

Commerzbank shares soared by around 14 percent in early trade on the Frankfurt stock exchange on Friday as investors welcomed the strong performance of Germany's second-biggest lender in 2015.

Commerzbank shares topped an intraday high of 7.29 eujros in the first few minutes of trading, a jump of 14.1 percent from the closing price on Thursday after the bank said that it quadrupled profits last year and will resume dividend payments.