Deutsche Bank Reports Record Nine-Month Profit Before Tax of €8.4 Billion
Deutsche Bank (DB) reported strong financial results for the first nine months of 2026, highlighted by a record profit before tax of €8.4 billion. The bank's revenue grew 5% year-over-year to €25.5 billion, positioning management to raise its full-year revenue ambition to above €33 billion, provided market conditions remain constructive. The group saw significant growth in asset gathering, with total Assets under Management (AuM) approaching €2 trillion. Key drivers included record quarterly performance in the Corporate Bank and strong net inflows in Asset Management and Private Banking. Despite these successes, the bank noted elevated provisions due to proactive derisking in U.S. Commercial Real Estate (CRE) and an idiosyncratic event affecting credit losses in Asia.
Tickers: $DB
Topics: Asset Management Capital Adequacy Profitability Revenue Growth Share Buybacks
Read the full article at Motley Fool
Part of the story Deutsche Bank Reports Record Nine-Month Profit Before Tax of €8.4 Billion (7 articles)