Financial Highlights
The Deutsche Bank presented a remarkable result in the first quarter of 2025, exceeding both its own and analysts’ expectations. Below are the key financial highlights:
- Revenue Growth: Total revenues increased by 10% to €8.5 billion, surpassing expectations of €8.3 billion.
- Pre-Tax Profit: A rise of 39% to €2.84 billion, exceeding analyst estimates of €2.6 billion.
- Earnings per Share: Increased from €0.63 to €0.91, expectations were at €0.86.
- Common Equity Tier 1 Ratio: Increased from 13.4% to 13.8%, signaling a solid position in a turbulent market environment.
Business Developments
The success of Deutsche Bank in the first quarter was strongly driven by several business areas:
- Investment Banking: Strong growth driver with revenues rising by 17% to €2.9 billion, the highest result since at least 2013.
- Asset Management: Revenues increased by 18% to €730 million.
- Cost Discipline: Non-interest expenses decreased by 2% to €5.2 billion due to a decline in non-operating costs.
Market Reaction and CEO Comments
The stock of Deutsche Bank rose by 1.8% on Tradegate, reflecting investors’ confidence in the bank’s strategy and future prospects. CEO Christian Sewing expressed satisfaction with the results and emphasized the goal achievement by 2025. CFO James von Moltke highlighted the bank’s strong balance sheet.