Deutsche Bank Faces Investor Backlash After Earnings Report

In a surprising turn of events, Deutsche Bank AG witnessed a sharp decline in its stock value, dropping over 6% in early trading hours. This downturn comes in the wake of the bank's latest earnings report, which, despite showing an 8% increase in revenue to €7.2 billion for the fourth quarter of fiscal 2024, revealed a net profit of just €337 million. This figure starkly contrasts with the €1.4 billion net profit recorded in the same period the previous year.

By 9:18 am CET, the bank's shares were trading at €18.334, marking a significant 6.10% decrease from the previous day's closing price. This reaction from the market underscores the growing concerns among investors regarding the bank's profitability and future growth prospects.