Deutsche Bank reports the highest profits in 14 years

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Deutsche Bank has reported his highest quarterly profits before the tax 14 years ago, but he warned of the impact of American definitions.

Pre -tax profit increased by 39 percent year on an annual basis to 2.8 billion euros in the first quarter of 2025, which exceeds 7 percent expectations of analysts.

Revenue grew by 10 percent to the highest level during a decade, supported by the trade of bonds and currency amid the growing global market fluctuations. The costs decreased by 2 percent, with the help of lower litigation fees.

CEO Christian Sewing said on Tuesday that the results put the largest lender in Germany “on the right track of delivery on all our goals for 2025.” Deutsche A pivotal year enters with its current long -term strategy that is scheduled to end.

The concrete shares are 11.9 per cent in the first quarter, and three percentage points higher than last year, and comfortably over the bank’s goal 2025, which is more than 10 percent.

The cost rate from the cost to income-a main measure of efficiency-improved with a sharp way to 61.2 percent, a decrease from 68.2 percent in the previous year and overcoming the bank’s goal of 65 percent.

The performance of the investment bank has been supported by record revenues in the income and fixed currency department, which increased by 17 percent on an annual basis. This was partially compensated by an 8 % decrease in revenues and consulting, after a large euphoria in a non -name in the subsidized financing.

Deutsche results are frequented by a wider trend between global banks that have benefited from the fluctuations of the market resulting from the American customs tariff, although fears of the rise in failure to pay companies and the weakest investment in affecting feelings.

While the rulings of the loan implemented decreased by 27 percent on an annual basis, the total credit losses increased to 471 million euros, which is 16 percent higher than expected.

The bank was killed of 130 million euros in the provisions for the implementation of loans that included compositions “related to doubts about geopolitical expectations and macroeconomics in the United States.”

“A possible global trade war remains on the horizon on the market,” he warned sewing in a letter to employees. “Although we hope that there will be no escalation, it is possible that uncertainty and volatility remain high in the expected future.”