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DB - Deutsche Bank posts Q3 profits driven by growth in the Core Bank
Deutsche Bank AG
Deutsche Bank (DB): Q3 GAAP EPS of €0.13.Revenue of €5.94B (+12.9% Y/Y) beats by €360M.Net interest income €2.62B, estimate €3.23B.CET1 1 ratio 13.3% vs. estimate of 13.1%.Adjusted profit before was €826M compared to a loss of €84M in Q3 2019.The results were driven by profit growth in the Core Bank, together with lower losses in the Capital Release Unit.Press Release