Deutsche Bank reports Q1 EPS EUR 0.99 vs. EUR 0.69 last year

Deutsche Bank’s (DB) businesses contributed to Group profitability and target ratios as follows: Corporate Bank: profit before tax of EUR 632M, up 3% year on year, with a post-tax RoTE of 14.4% and a cost/income ratio of 62%; Investment Bank: profit before tax of up 22% year on year to EUR 1.5B with a post-tax RoTE of 18.0% and a cost/income ratio of 49%;Private Bank: profit before tax of EUR 490M, up 43% year on year, with a post-tax RoTE of 8.3% and a cost/income ratio of 71%; Asset Management: profit before tax up 67% year on year to EUR 204M, a post-tax RoTE of 22.1% and a cost/income ratio of 64%