German banking major Deutsche Bank AG (DB) reported Thursday that its fourth-quarter profit attributable to shareholders surged 184 percent to 145 million euros from last year's 51 million euros.
Net profit grew 67 percent year on year to 315 million euros, while profit before tax fell 53 percent from last year to 82 million euros.
The fourth-quarter tax benefit reflected a positive deferred tax asset valuation adjustment of 274 million euros resulting from the strong performance of Deutsche Bank's US operations.
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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.