Deutsche Bank (DBK) Q1 Profit 2025

The largest Deutsche Bank lender in Germany on Tuesday posted a higher income in the first quarter for reliable investment bank’s results, but increased credit provisions as lenders in Europe in Europe, which moves on turbulence amid US tariff policy.

In the first quarter, the net income related to shareholders reached 1.775 billion euros ($ 2.019 billion), which is 39% compared to last year and above analysts’ expectations of about 1.64 billion euros, Reuters reports. The bank reported a profit of 106 million euros for the December quarter.

Revenues reached 8.524 billion euros for a period of 10% compared to last year and above $ 7,224 billion in the fourth quarter.

In a statement accompanied by the results, the CEO of Deutsche Bank Christian Sewing said the print “put us on the delivery way for all our purposes 2025” and noted “our best quarterly profit for fourteen years”.

Other highlights in fourth quarters are included in:

• Profit to Tax of 2.837 billion euros, which is 39% compared to last year.
• CET 1 capital ratio, a measure of bank solvency, amounted to 13.8%, without changing the fourth quarter.
• Deliveries after taxation tax rate (Rote) at 11.9% against 10% of the target for 2025.
• The resolution on credit losses amounted to EUR 471 million, against 420 million euros in the fourth quarter, as the bank stated “overlays related to uncertainty in the geopolitical and macroeconomic prospects in the United States, as well as macroeconomic effects and changes in the first quarter portfolio.”

The main department of investment bank lender in the first quarter amounted to 10% compared to last year’s hike to 3.4 billion euros, with traditionally strong fixed profits and currencies (FIC) by 17%, partially offset by 8% decrease in origin and consultation.

Pure asset management in the first quarter rose 18% to 730 million euros.

Deutsche Bank relied on its investment hand to overcome the reduction of income from loans as Interest rates moved below. Investment banking transactions of the lender, the basis of its growth, in the fourth quarter increased by 30% to 2.4 billion euros, also increased by 15% compared to last year to 10.6 billion euros over 2024.

“We see impetus on business and we think it will be held throughout the year. We also support the discipline of the expenses, and so we win both of these lines,” said Deutsche Bank Chief Financial Director James von Moltke on Tuesday Annette Weisbach.

“Overall a solid set of results, but perhaps not as strong as at first glance,” said Citi analysts in the note: “The main divisional trends are more ambiguous” and that the creditor’s indication “now includes the nuance of economic uncertainty.”

German banks can benefit if the country’s political environment is settled under the potential direction of the centrist Elections earlier this year.

Since then, Berlin has subscribed to reforming his iconic fiscal debt policy, taking into account the increase in defense costs, waving in the expectations of fortified regional investments and raising German shares.

“We are obviously dealing with great uncertainty from the protocol policy, but we also have certainty, for example, by pure income from interest,” said von Moltke CNBC, adding that Deutsche Bank Hedive “almost all” interest risks for 2025, leaving it confident in the future efficiency.

“We see that the impetus there will be strong. We also think that () the corporate bank will … gain impetus when the year goes, and some policy changes, especially in Germany, on the fiscal side, and it feeds on trust,” he said.

“In Germany, stock markets are actually becoming stronger, so reinforcing the faith and faith of investors even more in the German and European economy, as well as the government’s government,” said Deutsche Bank American CEO Stefan Simon in an interview with TV Bloomberg. He noted that European competitiveness should be “fortified” amid a broader call to the continent, which is currently fighting the potential trade war under US President Donald Trump.

According to the latest protectionist measures of the White House, the European Union has been reached by 20%, although they are currently declining to 10% by July 9 to pave the way for additional trade negotiations.

“For the sake of justice, the US and America are one of the major regions of Deutsche Bank, especially in growing growth,” Simon said, adding that the bank sees growth potential in loans, rates and M&A Bay of Corporate Finance.

Saying CNBC back in January, Von Moltke estimated that about 20% of his business at the time, emphasizing that his activities in his region still have a place for “delivery and crystallization in the future”.

On Tuesday, the Financial Director recognized the current uncertainty in the financial markets as a result of the US tariff policy, which benefited from the lender’s trade operations – when traced in the credit position management.

“As for the provisions on credit losses, we actually approached the leadership,” he said against the bank’s non-professional expositions. “What we did was put on some overlays to display the unusual environment in which we are, and we really assume the potential appearance of macroeconomic variables. We think it is reasonable and by the way, but where we land for a year will depend very much on the direction of macro.”