Deutsche Bank's second-quarter net profit tops estimates

Deutsche Bank
# 28 July 2021 10:29 (UTC +04:00)

Deutsche Bank delivered a better-than-expected second-quarter profit despite a decline in its investment banking revenue and some unexpected costs, quarterly figures published by Germany's biggest lender on Wednesday showed, APA reports citing Yahoo.

It was the fourth consecutive quarterly profit, the bank's longest streak in the black since 2012.

Net profit attributable to shareholders came in at 692 million euros ($818 million), from a loss of 77 million euros a year earlier. The figures were better than analyst expectations for a profit of 372 million euros.