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

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

Deutsche Bank reported strong second-quarter earnings, exceeding analyst expectations and signaling confidence in meeting its full-year goals. Here’s a quick rundown:

• Strong Profit: Net profit reached €1.485 billion, surpassing the €1.2 billion forecast and significantly improving from a loss in the previous year.
• Revenue in Line: Revenues were in line with expectations at €7.804 billion.
• Investment Banking Mixed: The investment banking unit saw a 3% revenue increase, but with mixed performance across its divisions. Fixed income and currencies performed well, while origination and advisory experienced a decline.
• Corporate Banking Dip: Corporate banking revenues decreased slightly.
• Euro Impact: The strength of the euro against the U.S. dollar was a significant factor impacting the bank’s results.
• Positive Outlook: Deutsche Bank’s CFO expressed confidence in achieving targets, citing positive momentum and cost discipline.
• External Factors: The bank is navigating a lower interest rate environment and potential trade uncertainties, particularly regarding U.S. tariffs on European exports.
• Share Price Surge: Deutsche Bank shares rose significantly, nearing 10-year highs.

For more details, you can read the original article [here](insert_article_link_here).