James von Moltke, Chief Financial Officer, added: “2025 was a year of delivery for Deutsche Bank (DB). We hit our RoTE target of above 10%, both Group-wide and across all our businesses. We sustained revenue momentum and business growth in line with our ambitions. We maintained cost discipline and used operational efficiencies to self-fund further investments while meeting our cost targets. Sound capital management enabled us both to strengthen our capital ratio and grow our distributions to shareholders. All of this gives us a strong step-off point to deliver on our future goals.”
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