Deutsche Bank Reports Highest Q2 Profit Since 2007, Shares Rise

Deutsche Bank reported its highest profit since 2007 in the second quarter of 2025, with net profit attributable to shareholders reaching approximately €1.5 billion, significantly surpassing analyst expectations and reversing a prior year's loss. The bank's first-half pre-tax profit more than doubled year-on-year to €5.3 billion, driven by increased revenues of €16.3 billion and strong earnings across all business divisions, including Corporate Bank, Investment Bank, Private Clients Bank, and Asset Management. Cost management improvements and lower loan loss provisions contributed to a reduced cost/income ratio of around 62.3% and a post-tax return on tangible equity exceeding 10%, aligning with Deutsche Bank's 2025 targets. Although investment banking revenues saw a decline in origination and advisory fees, the asset management division and other client-facing businesses posted solid growth. CEO Christian Sewing emphasized the bank's strategic focus on operational efficiency and its Global Hausbank model as key drivers for sustained profitability, while acknowledging ongoing macroeconomic challenges. Overall, Deutsche Bank is well positioned to meet its ambitious financial goals for 2025 amid a volatile economic backdrop.