Deutsche Bank reports 8% rise in first-quarter after-tax profit

7 articles · Updated · The Wall Street Journal · Apr 29

Germany’s largest lender posted a Q1 after-tax profit of 2.17 billion euros, surpassing analyst expectations of 2.005 billion euros, with total revenue up 2% to 8.67 billion euros.
Growth at Deutsche Bank’s private bank and asset-management arm DWS offset declines at its corporate bank and stagnation in investment banking, while costs fell 2% and loan loss provisions rose 10%.
The record quarterly profit, attributed to stable investment banking and operating efficiencies, marks a strong start to the bank’s next strategic phase, according to CEO Christian Sewing.

Can Deutsche Bank's profit streak survive the impact of rising global interest rates?

With record profits, why did the bank sharply increase provisions for future loan losses?

Is growth in private banking enough to offset long-term stagnation in the investment bank?

Does a new €500M green bond signal a real shift in Deutsche Bank's ESG commitment?

How is the bank navigating the downturn in commercial real estate, especially in the US?