For the full year, profit was €5.025 billion versus €1.94 billion a year earlier and the analyst view of €4.174 billion. It was the largest annual profit since 2007, Deutsche said, and was helped by a €1.4 billion tax benefit.
Still, analysts said the bank is vulnerable to a slower economy, high inflation rates, war on the continent, and regulatory issues that have plagued it over the years. It did not quite turn out that way, though recently the tides have turned, further underscored by Thursday's figures.
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