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

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

Deutsche Bank has reported strong second-quarter results, exceeding expectations and signaling confidence in meeting its full-year goals. Here’s a breakdown of the key takeaways:

• Strong Profit: Net profit attributable to shareholders reached 1.485 billion euros, surpassing the 1.2 billion euro forecast. This is a significant improvement from the loss of 143 million euros in the same quarter of the previous year.
• Revenue in Line: Revenues were in line with analyst expectations, coming in at 7.804 billion euros.
• Investment Banking Mixed: The investment banking unit saw a 3% year-on-year revenue increase, but with mixed performance across its divisions. Fixed income and currencies showed strong growth, while origination and advisory experienced a decline.
• Corporate Banking Dip: Corporate banking revenues decreased by 1%, with slower loan growth noted.
• Euro Impact: The strength of the euro against the U.S. dollar impacted the bank’s results.
• Positive Outlook: Deutsche Bank is confident in achieving its full-year targets, citing positive momentum and cost discipline.
• External Factors: The bank is monitoring the potential impact of U.S. tariffs on European exports and the broader economic environment.
• Political Stability: The new ruling coalition in Germany is contributing to improved investor and client sentiment.

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