Deutsche Bank Posts Surprise Rise in Quarterly Profit

Germany’s largest lender, Deutsche Bank, reported a net profit of €1.56 billion in the third quarter—up from €1.46 billion a year earlier and exceeding analyst expectations of roughly €1.34 billion. The impressive performance was driven by its investment‑banking arm, with fixed‑income and currency trading revenue up 19% and origination and advisory activity rising 27%. Meanwhile, the retail banking unit saw modest growth (4%) and the corporate banking segment saw a 1% decline in revenue. Christian Sewing, Deutsche Bank’s CEO, said the results show the bank is “on track to deliver” on its 2025 targets, though the cost and profitability agenda remains under scrutiny. #DeutscheBank #BankEarnings #InvestmentBanking #EuropeanBanks #SlimScan #GrowthStocks #CANSLIM