The shares of Deutsche Bank AG lost ground on Thursday, shedding over 6%, following the earnings report that seemingly failed to meet investor expectations.
While the revenue in the fourth quarter of fiscal 2024 rose 8% on an annual basis, to reach €7.2 billion, net profit was at €337 million, significantly lower than €1.4 billion recorded in the same trimester of 2023.
The bank's stock slid 6.10% at 9:18 am CET, going for €18.334 apiece.
