Deutsche Bank profit tops third quarter forecast
Private and corporate banking beat expectations, helping offset weaker investment bank revenue and prompting a higher full-year revenue target.
9 Articles
9 Articles
Deutsche Bank beat expectations with a 2 percent increase in net profit in the third quarter, as strong performance in its retail and corporate banking businesses offset a decline in investment banking revenues, the company said in a quick report published on Wednesday morning.
Deutsche Bank profit tops forecast despite investment bank revenue drop
FRANKFURT: Deutsche Bank reported a 2% rise in third-quarter profit on Wednesday, defying expectations for a decline, as strength in its retail and corporate banking businesses offset weaker investment bank revenue.
The largest German credit institution compensates for weaknesses in bond trading due to strong results in other business areas. In one point, the bank intends to exceed its annual forecast.
(Teleborsa) - Deutsche Bank today announced a net profit of 1.9 billion euros in the third quarter of 2026. As a note explains, this is the third consecutive quarter characterized by results...
Deutsche Bank continued its record profit series in the third quarter of this year, when the operational result increased by 8% annually to 2.6 billion euros, announced Wednesday, Germany's largest bank, reports DPA, writes Agerpres.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
