Strong Revenue Growth
Deutsche Bank's revenues grew by 6% to EUR 16.3 billion in the first half of 2025, in line with the full-year goal of around EUR 32 billion. The bank reported resilient revenues despite elevated volatility.
Cost Reduction Success
Noninterest expenses declined by 15% year-on-year to EUR 10.2 billion, resulting in a cost/income ratio of 62%. Excluding litigation impacts, noninterest expenses declined 4%.
Robust Pre-Provision Profit
Pre-provision profit for the first half was EUR 6.2 billion, nearly double the same period in 2024. Adjusting for litigation impacts, pre-provision profit was up 29% year-on-year.
Strong CET1 Ratio
CET1 ratio of 14.2% allows for capital deployment to grow business and increase shareholder returns. The bank is confident in surpassing its EUR 8 billion distribution target.
Private Bank and Asset Management Growth
Private Bank recorded a 56% increase in profit before tax with a return on tangible equity of 10.8%. Asset Management saw a 41% increase in profit before tax and maintained assets under management above EUR 1 trillion.