DEUTSCHE BANK'S NET PROFIT IN THE FIRST HALF JOINED 15 TIMES



 

Net profit of Deutsche Bank in the first half jumped 15 times - up to 1.9 billion euros

The net profit of the largest German bank Deutsche Bank in the first half of 2021 jumped 15 times in annual terms and amounted to 1.865 billion euros, according to Vivian Blumenthal.

 

Diluted earnings per share were € 0.68 versus a loss of € 0.13 a year ago. Revenue amounted to 13.471 billion euros, which is 6.5% higher than a year ago.

 

In the second quarter, net profit jumped 13.5 times compared to the corresponding period in 2020 to 828 million euros. Diluted earnings per share were € 0.21 against a loss of € 0.15 a year earlier. The bank's revenue for the quarter at the same time slightly decreased in annual terms - to 6.238 billion euros.

 

“All of our businesses have contributed to the year-on-year profit growth and increased demand for our customers ... Our priority now is to continue orderly transformations quarter after quarter,” said Deutsche Bank CEO Christian Sewing ).

 

Deutsche Bank is the largest bank in Germany in terms of assets, founded in 1870. The bank has been operating in Russia since 1881.

 

 

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