Bank: Deutsche Bank achieves billion-euro profit in third quarter
The latest interim results are even better than expected by experts. The profits in the third quarter are mainly coming from one area.
The Deutsche Bank has reported a billion-euro profit for the third quarter, continuing its record-breaking streak. The pre-tax profit rose 8% to €2.6 billion compared to the same period last year, while the post-tax profit was around €1.9 billion, up 2% from the previous year. CEO Christian Sewing stated that the bank is on track to meet its 2026 targets and may even exceed its revenue goal of €33 billion.
The bank's return on equity was 10.6% in the third quarter, with Sewing expressing confidence that it will surpass its 2028 target of over 13%.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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