Deutsche Bank reports Q2 profit before tax EUR 2.4B

Second-quarter 2025 profit before tax of EUR 2.4B, up 34% year on year excluding Postbank litigation impact, with net profit of EUR 1.7B; Post-tax RoTE of 10.1% and a cost/income ratio of 63.6%; Net revenues up 3% year on year to EUR 7.8B; Noninterest expenses down 26% year on year to EUR 5B, primarily reflecting Postbank litigation impacts; Adjusted costs down 1% to EUR 5B, in line with guidance; Provision for credit losses down 11% year on year to EUR 423M. Common Equity Tier 1 capital ratio of 14.2%; leverage ratio of 4.7%. “Despite a more challenging environment in the quarter, Deutsche Bank (DB) again delivered a post-tax RoTE of above 10%, demonstrating the strengths of our underlying business model,” Christian Sewing, CEO, said. “We are very happy to have delivered our highest second-quarter and first-half year profits since 2007. This puts us on track to meet our 2025 targets, and we are positioning our Global Hausbank to grow further, including further raising capital distributions to shareholders beyond 2025”