Deutsche Bank - Q3 2020 results

Strongest quarterly profit of the current year

• Profit of 309 million euros with profit before tax of 482 million euros
• Nine-month profit of 435 million euros and profit before tax of 846 million euros

Group net revenues grew 13% year-on-year to 5.9 billion euros in the quarter

• Core Bank net revenues up 9% year-on-year to 6.0 billion euros
• Investment Bank net revenues of 2.4 billion euros, up 43%
• Private Bank stable as volume growth offsets interest rate headwinds
• Corporate Bank down 5%, 2% ex-FX translation effects, as deposit repricing partly offsets interest rate headwinds
• Asset Management net revenues up 4% with net inflows of 11 billion euros

Full press release (ENG)