Quarterly ResultApr 29, 2026, 07:22 AM
DB Q1 Profit Before Tax €2.2B (-11%); Net Revenues €7.8B (-4%)
AI Summary
Deutsche Bank reported a profit before tax of €2.2 billion for Q1 2026, an 11% decrease year-on-year, with post-tax profit falling 10% to €1.6 billion. Net revenues declined 4% to €7.8 billion, though net interest income grew 5% and noninterest expenses decreased 2%. The bank's Common Equity Tier 1 capital ratio remained stable at 13.8%. Strategic progress was noted in scaling the Global Hausbank, with strong performance in Private Bank and Asset Management, while the Investment Bank saw higher credit loss provisions.
Key Highlights
- DB Group profit before tax was €2.2 billion, down 11% year-on-year.
- DB Group post-tax profit was €1.6 billion, down 10% year-on-year.
- DB Group net revenues were €7.8 billion, down 4% year-on-year.
- DB Group net interest income increased 5% to €4.0 billion.
- DB Group noninterest expenses decreased 2% to €5.1 billion.
- Provision for credit losses rose 10% to €519 million, due to a single-name exposure.
- Common Equity Tier 1 capital ratio remained stable at 13.8%.
- Private Bank profit before tax increased 39% to €681 million.
- Asset Management profit before tax increased 37% to €279 million.
- Investment Bank profit before tax decreased 7% to €1.4 billion.