(CercleFinance.com) – Deutsche Bank announces a pre-tax profit up 33% to 1.5 billion euros for the second quarter of 2022, its highest level since 2011 for this period of the year, and a profit net up 46% to 1.2 billion.
Turnover increased by 7% to 6.6 billion euros, driven by all main activities, but in particular by double-digit growth in Corporate Banking (+26%) and in Investment Bank (+11%).
Deutsche Bank reaffirms its 2022 revenue forecast of 26 to 27 billion euros, ‘despite the deterioration of the macroeconomic environment observed in the second quarter and expectations of a more difficult second half of the year’.
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