Deutsche Bank said on Thursday that he was on his way to increase the profit this year after the surprisingly strong first half of the year.
– We are very lucky to have achieved our greatest profit in the second quarter and the first half of 2007. year – said Chief Executive Director Christian Sewing during the presentation of temporary results in Frankfurt.
– This puts us on the trip to achieve our goals for 2025. year – he added.
A net profit that can be attributed to shareholders reached almost 1.5 billion euros ($ 1.7 billion) in the second quarter, which clearly exceeded the expectations of analysts.
In the second quarter of 2024. year, the German Lender recorded a loss of 143m euros for reservations related to the dispute over the acquisition of the German postbank.
This time, Deutsche Bank benefited from higher revenues, lower costs and reduced reservations for loans, achieving a return on tangible capital of 10.1%.
For the first half of the year, the refund reached 11%, which crosses a 10% threshold that Sewing intends to exceed this year, writes a feather.
