Deutsche Bank - Q4 2018 results

Let’s start with the most important news: we increased our pre-tax profit year-on-year and generated our first net profit since 2014. Net income of 341 million euros is nowhere near where we want it to be, but the positive result is a sign that we're on the right track.

This was achieved despite a high tax rate of about 75 percent which is due to specific tax items. Without these items our net profit would have been more than 700 million euros.

Full press release (ENG)