Deutsche Bank's Q3 net revenues grow 5% to €7.5B - Breaking The News
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Deutsche Bank's Q3 net revenues grow 5% to €7.5B

EPA-EFE/WALLACE WOON

Deutsche Bank AG revealed on Wednesday that its net revenues in the third quarter of fiscal 2024 amounted to €7.5 billion, increasing 5% year over year.

In the reported trimester, profit before tax stood at €2.3 billion, up from €1.7 billion registered in the same period a year ago, while profit attributable to Deutsche Bank shareholders went from €1 billion in the third quarter of 2023 to €1.5 billion in the same three-month period in 2024.

"In these three months, we made important progress in putting legacy litigation matters behind us, while also producing a record third-quarter profit in our operating business," CEO Christian Sewing remarked.

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