Deutsche Bank reports Q3 profit before tax EUR 2.4B

Record third-quarter 2025 profit before tax of EUR 2.4B, up 8% year on year; up 34% if adjusted for Postbank litigation provision release in prior year quarter; Net profit up 9% to EUR 1.8B; RoTE of 10.7% and a cost/income ratio of 64.4%; Net revenues rose 7% year on year to EUR 8B; Noninterest expenses of EUR 5.2B, up 9% year on year, reflecting non-recurrence of Postbank litigation release in prior year quarter; Adjusted costs of EUR 5B, flat year on year; Provision for credit losses down 16% year on year to EUR 417M. Common Equity Tier 1 capital ratio rose to 14.5%, from 14.2% in the previous quarter and 13.8% in the prior year quarter. “We delivered record profits in both the third quarter and first nine months of 2025, demonstrating the value to clients and shareholders of our Global Hausbank in a fast-changing environment,” said Christian Sewing, CEO. “We are on track to deliver on our 2025 financial targets and, having increased shareholder distributions by 50% in each of the last three years, we are on course to return over EUR 8B to shareholders from 2022 to 2026. We have built firm foundations for the next phase of our strategy journey.”