Deutsche Bank at nearly 10-year high after Q2 profit beat

DWS GmbH & Co KgaA

24/07/2025 09:04

Updates share price move, adds milestones

** Shares in Deutsche Bank DBKGn.DE are up around 6% to their highest since early August 2015 after the lender's Q2 profit beat expectations

** A local trader points to the company's Q2 overall being better than hoped, a return of tangible equity rate (ROTE) blow-out of 10.1%, and confirmed full-year guidance

** Deutsche Bank reported Q2 net profit attributable to shareholders of 1.485 billion euros ($1.75 billion), better than the around 1.2 billion euros expected by analysts

   ** Including today's rise the stock has gained around 70% YTD; it is at the top of German blue-chip DAX .GDAXI index

   ** Shares in its subsidiary DWS Group DWSG.DE are up 3.8% ​

($1 = 0.8493 euros)

 (Reporting by Cian Muenster)

 ((Cian.muenster@thomsonreuters.com))