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DB Deutsche Bank Aktiengesellschaft

16.50
0.31 (1.91%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Deutsche Bank Aktiengesellschaft NYSE:DB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.31 1.91% 16.50 16.49 16.295 16.35 1,846,182 00:36:35

Deutsche Bank AG Reports 1Q Net Income of EUR575 Million

27/04/2017 6:55am

Dow Jones News


Deutsche Bank Aktiengese... (NYSE:DB)
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   By Jenny Strasburg 
 

Deutsche Bank AG on Thursday reported net income of EUR575 million in the first quarter, compared to EUR236 million for the same period last year.

The German lender said its first-quarter revenue was EUR7.3 billion, a 9% decrease from last year.

The results are Deutsche Bank's first since it completed an $8.5 billion capital increase earlier this month in conjunction with strategic changes announced in March.

The fundraising, Deutsche Bank's third sale of new shares since 2013, put to rest many investors' immediate concerns about the lender's capital buffers. The bank is also reuniting its corporate-finance and deal-advisory business with its trading unit under two investment-banking co-heads, less than two years after splitting the businesses apart.

Write to Jenny Strasburg at jenny.strasburg@wsj.com

 

(END) Dow Jones Newswires

April 27, 2017 01:40 ET (05:40 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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