Deutsche Bank shares gain 6% after second-quarter profit beat

## Deutsche Bank Beats Expectations, Eyes Full-Year Targets

Deutsche Bank had a strong second quarter, exceeding expectations and signaling confidence in its ability to meet its full-year goals. Here’s a breakdown of the key takeaways:

• Strong Profit: Net profit reached €1.485 billion, surpassing the €1.2 billion forecast. This is a significant improvement from the loss in the same quarter of the previous year.
• Revenue in Line: Revenues were €7.804 billion, aligning with analyst expectations.
• Investment Banking Mixed: The investment banking unit saw a 3% revenue increase, but performance varied across its divisions. Fixed income and currencies performed well, while origination and advisory experienced a decline.
• Corporate Banking Dip: Corporate banking revenues decreased by 1%, impacted by slower loan growth and foreign exchange translations.
• Euro’s Impact: The strength of the euro against the U.S. dollar influenced the bank’s results.
• Positive Outlook: Deutsche Bank is optimistic about achieving its targets, citing momentum and cost discipline.
• External Factors: The bank is navigating a lower interest rate environment and potential trade uncertainty due to potential U.S. tariffs on European goods.
• Share Price Up: Deutsche Bank shares rose significantly, nearing 10-year highs.

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