Quarterly figures: Deutsche Bank achieves billion-euro profit and exceeds expectations
Germany's largest bank is offsetting weaknesses in bond trading with strong performance in other business areas - and now aims to beat its own annual forecast.
The Deutsche Bank has reported a billion-euro profit for the third quarter, exceeding analyst expectations. The bank's pre-tax profit rose 8% to €2.6 billion, while net profit attributable to shareholders increased 1% to €1.6 billion. The bank's revenues totaled €8.3 billion, also beating analyst estimates. CEO Christian Sewing stated that the bank is on track to meet its 2026 targets, with a good chance of exceeding its annual revenue goal of €33 billion.
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.
Also reported by 1 other outlet
- Bank: Deutsche Bank achieves billion-euro profit in third quarter handelsblatt.com
