Deutsche Bank reported quarterly earnings and revenue that exceeded forecasts

Deutsche Bank reported on the results of the second quarter of net profit, pre-tax profit and revenue, which were higher than the market forecasts. According to preliminary data of the German bank, its net profit amounted to 400 million euros, profit before taxes – to 700 million euros, revenue – to 6 billion 600 million euros. The corporate and investment business of the German bank recorded revenue in the second quarter in the amount of 3.5 billion euros. Expenses of Deutsche Bank, not related to the payment of interest, were at the level of 5 billion 800 million euros, while economists had expected the figure at 6 billion euros.

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