DB Forex News
Deutsche Bank Q3 Profit Climbs, Confirms Outlook; Stock Dips
German banking major Deutsche Bank AG reported Wednesday higher profit in its third quarter, driven by partial release of Postbank litigation provisions, lower expenses, as well as improved revenues. The company also said it is on track to achieve its annual revenue target, as well as 2025 goals. Meanwhile, Deutsche Bank shares were losing around 3 percent in the morning trading in Germany...
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34 days ago
Deutsche Bank Stock Dips On Q2 Loss On Postbank Litigation Provision
Shares of Deutsche Bank AG were losing around 7 percent in the morning trading in Germany as well as in the pre-market activity on the NYSE after the banking major reported a loss in its second quarter, compared to prior year's profit, hit by a hefty litigation provision related to the takeover of Postbank AG. Revenues, however, grew mainly on the strength of double-digit growth in commissions...
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125 days ago
Deutsche Bank Lifts Revenue, Payout Targets; To Cut 3,500 Jobs; Stock Up
Deutsche Bank AG shares were gaining more than 5 percent in the morning trading on Germany's XETRA, as well as in pre-market activity on the NYSE, after the German banking major Thursday raised annual growth targets for 2025, after reporting higher revenues in its fourth quarter. Net profit, meanwhile, was lower than last year with higher provision for credit losses.
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299 days ago
Deutsche Bank Q3 Pre-tax Profit Rises, Sees Revenue Growth In FY23; Stock Up
Deutsche Bank AG shares were gaining around 7 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German banking major on Wednesday reported higher pre-tax profit in its third quarter, the highest for any third quarter since 2006, driven by revenue strength. On an after tax basis, profit declined.
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398 days ago
Deutsche Bank Q1 Results Rise; Stock Up
Deutsche Bank AG shares were gaining around 2 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German banking major on Thursday reported higher profit and revenues in its first quarter. The company recorded highest quarterly profit before tax since 2013, and highest quarterly net revenues since 2016.
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579 days ago
Deutsche Bank Profit Surges, Sees Growth Ahead; Stock Down
German banking major Deutsche Bank AG reported Thursday a significantly higher profit in its fourth quarter and fiscal 2022, mainly reflecting a tax benefit in the U.S, despite weakness in Investment Bank and asset management revenues. The company said it recorded its highest annual profit, both before and after tax, since 2007. However, Deutsche Bank shares were losing around 4 percent...
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663 days ago
Deutsche Bank Q3 Profit Soars, AuM Down; To Meet FY22 Goals; Stock Down
German banking major Deutsche Bank AG reported Wednesday that its third-quarter profit grew more than threefold with higher revenues and weak expenses. Profit before tax was its highest third quarter result since 2006. Meanwhile, Assets under management declined. The bank said it is on track to meet fiscal 2022 outlook. Deutsche Bank shares were losing around 2 percent in the morning trading.
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762 days ago
