Deutsche Bank posts 39% rise in first-quarter profit

ReutersApr 29, 2025 5:00 AM

FRANKFURT, April 29 (Reuters) - Deutsche Bank DBKGn.DE on Tuesday posted a 39% rise in first-quarter profit after its global investment banking division generated a big increase in revenue in bond and currency trading during volatile markets.

Deutsche, Germany's largest lender, recorded net profit attributable to shareholders of 1.78 billion euros ($2.03 billion) in the quarter, up from 1.28 billion euros a year earlier.

It was higher than analysts' expectations for a profit of around 1.64 billion euros.

($1 = 0.8782 euros)

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