Deutsche Bank posts better-than-expected profit in first quarter amid investment banking recovery

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

News Noticias

México Últimas Noticias,México Titulares

Deutsche Bank reported first-quarter earnings on Thursday.

Deutsche Bank on Thursday reported 1.275 billion euros in net profit attributable to shareholders in the first quarter, marking a 10% annual increase.

Revenue rose 1% year-on-year to 7.8 billion euros, which the bank attributed to growth in commissions and fee income, along with strength in fixed income and currencies.on Thursday reported a 10% rise in first-quarter profit, beating expectations amid an ongoing recovery in its investment banking unit.

Deutsche Bank said this was its highest first-quarter profit since 2013. It also marks the bank's 15th straight quarterly profit.Group revenue rose 1% year-on-year to 7.8 billion euros, which the bank attributed to growth in commissions and fee income, along with strength in fixed income and currencies. The revenue print also came in ahead of an analyst forecast of 7.73 billion euros, according to LSEG.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 524. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Deutsche Bank preview earnings season for top auto stocksDeutsche Bank preview earnings season for top auto stocks
Fuente: Investingcom - 🏆 450. / 53 Leer más »