Deutsche Bank (DB) reported first quarter profit attributable to shareholders of 908 million euros compared to a loss of 43 million euros, prior year. Profit before tax was 1.6 billion euros, up from 206 million euros. Core Bank profit before tax was 2.0 billion euros, more than double the prior year quarter, driven by significant profit growth across all core businesses. Adjusted profit before tax was 2.2 billion euros, also more than double last year.
The Group said the result was driven by revenue growth, a substantial reduction in provision for credit losses, and lower adjusted costs year on year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.