Deutsche Bank Profit Tops Third Quarter Forecast
- Deutsche Bank reported a 2% rise in third-quarter profit on Wednesday, reaching €1.59 billion , as strength in retail and corporate banking offset weaker investment division results.
- CEO Christian Sewing continues a turnaround that has stabilized the bank after years of turmoil, extending a run of quarterly profits that contrasts sharply with HSBC's 5% share decline after disappointing investors.
- Corporate division revenue rose 9%, exceeding the 6% expected gain, while private division revenue grew 8%, topping forecasts of 7%; investment division revenue fell 2%, including a 3% decline in fixed-income trading.
- Management raised its full-year revenue outlook to more than €33 billion, with Sewing stating, "We are delivering on our commitments and are firmly on track to meet our 2026 objectives."
- Earnings reports from other European banks, including UBS and BNP Paribas, remain under scrutiny this week as investors watch whether firms can sustain recent record profits.
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Deutsche Bank has continued its record-breaking chase and achieved a profit of around 1.9 billion euros after tax from July to September. "You are on the right track," says stock market expert Jürgen Schmitt in conversation with Dietmar Deffner.
The pre-tax profit of Deutsche Bank rose by 8% to over 2.6 billion euros in the third quarter of 2026, while net profit increased by 2%, and the Bank's CEO expected annual revenue to exceed 33 billion euros.
Germany's largest money house continues to run well. The most recent interim balance sheet is even better than experts expected. In one area in particular, the profits are spinning.
Deutsche Bank recorded a record profit of 5.9 billion in the first nine months of 2026, plus 7% in homologous terms, having presented in the third quarter results above expectations. Despite the results, analysts maintain a recommendation to "maintain" for Deutsche Bank shares, stressing that, although the evaluation remains undemanding, their estimates remain below the target set by the administration for 2028, which provides for a return on eq…
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