Deutsche Bank reports 1H EPS EUR 1.46 vs. EUR 0.42 last year

Deutsche Bank’s (DB) businesses contributed to Group profitability and target ratios as follows: Corporate Bank: profit before tax of EUR 1.4B, up 13% year on year, with RoTE of 15.9% on RoE of 14.8% and a cost/income ratio of 61%; Investment Bank: profit before tax up 18% year on year to EUR 2.4B, with RoTE of 13.3% on RoE of 12.8% and a cost/income ratio of 54%; Private Bank: profit before tax of EUR 1.1B, up 50% year on year, with RoTE of 9.5% on RoE of 9.3% and a cost/income ratio of 70%; Asset Management: profit before tax up 52% year on year to EUR 429M, with RoTE of 24.1% on RoE of 10.8% and a cost/income ratio of 62%