Deutsche Bank exceeds profit expectations a day after police search
- Germany’s largest lender recorded net profit attributable to shareholders of 6.12 billion euros ($7.3 billion) for 2025
FRANKFURT: Deutsche Bank on Thursday posted its largest annual profit since 2007 after a stronger-than-expected fourth quarter, a day after police searched the bank in an alleged money-laundering probe.
Germany’s largest lender recorded net profit attributable to shareholders of 6.12 billion euros ($7.3 billion) for 2025, helped by strength at its global investment bank.
That is above 2.7 billion euros a year earlier and ahead of analyst expectations of nearly 6 billion euros.
The biggest profit since 2007 - and the sixth consecutive year in the black - is a welcome milestone for the bank after a rocky decade that saw big losses and fears among regulators that the bank was teetering. For the final quarter of the year, net profit was 1.3 billion euros, up from 106 million euros a year earlier.
It is better than analyst expectations for a profit of around 1.12 billion euros.
The bank also said it had authorised 1 billion euros in buybacks.
Comments
Comments are closed for this article.