Deutsche Bank Reports Significant Profit Growth

In an impressive start to 2025, Deutsche Bank announced a 39% increase in its first-quarter net profit, reaching €2 billion. This marks a significant upturn from the previous year, showcasing the bank's robust financial health and strategic success.

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, a 10% increase compared to the same period in 2024. Notably, the cost/income ratio stood at 61.2%, comfortably within the bank's target range of under 65% for the year.

Leadership's Perspective

"We are very happy with first-quarter results which put us on track for delivery on all our 2025 targets. Our best quarterly profit for fourteen years, achieved through revenue growth combined with lower costs, demonstrates that our Global Hausbank strategy is working well," stated CEO Christian Sewing.