Quarterly figures: Deutsche Bank achieves billion-euro profit and exceeds expectations - stock at the top of the Dax
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 reported a better-than-expected profit for the third quarter. The bank's pre-tax profit rose 8% to €2.6 billion and net profit attributable to shareholders increased 1% to €1.6 billion. The results exceeded analyst expectations, with earnings of €8.3 billion, compared to an estimated €8.2 billion. Deutsche Bank's CEO, Christian Sewing, stated that the bank has achieved a record profit for the third consecutive quarter. The bank is on track to exceed its 2026 revenue target 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.
