Deutsche Bank Reports Stellar Q1 Performance

In an impressive start to 2025, Deutsche Bank announced a 39% year-on-year increase in its first-quarter net profit, reaching €2 billion. This remarkable growth underscores the bank's strong operational performance and strategic execution.

Financial Highlights

The bank's profit before tax also saw a 39% rise, totaling €2.8 billion. Total quarterly net revenues were reported at €8.5 billion, marking a 10% increase compared to the same period in 2024. Notably, the cost/income ratio stood at 61.2%, well within the targeted range of under 65% for the year.

Leadership's Perspective

"Our first-quarter results are a testament to the effectiveness of our Global Hausbank strategy, combining revenue growth with cost reductions to achieve our best quarterly profit in fourteen years," stated CEO Christian Sewing. He expressed confidence in the bank's trajectory towards meeting all its 2025 targets.