Deutsche Bank's revenue increases 2% to €6B in Q3

Wednesday, 27. October 2021 07:00

Deutsche Bank announced its third-quarter results on Wednesday, revealing that the company's total net revenues rose 2% on an annual basis, beating estimates and reaching €6.04 billion.

The bank's profit in the third trimester of 2021 stood at €329 million billion, up 6% compared to €309 million reported a year earlier. Profit before tax climbed 15% year on year to reach €554 million.

"In the third quarter, we again demonstrated the operating strength of our business: our revenues have proven to be resilient, we have increased our pre-tax profit despite additional transformation charges, and we have already exceeded our full year 2021 sustainability target," CEO Christian Sewing commented.

Related Links: Deutsche Bank AG
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Baha Breaking the News (BBN) / BU