LOGO
LOGO

Corporate News

Deutsche Bank Q1 Profit Rises; Net Revenue Up 14% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

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.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

RELATED NEWS
Latest Updates on COVID-19