This week, German asset manager DWS released positive financial results for the third quarter of 2025 and for the first nine months of the year.

DWS has reported record profit in the first nine months of the year. Profit before tax rose to €319 million ($369 million) in the third quarter of 2025, up 5 per cent from €304 million in the second quarter of 2025.

Net income increased to €219 million in Q3 2025, up 2 per cent from €214 million in the second quarter of 2025, the firm said in a statement.

Long-term net flows rose to €10.3 billion in Q3 2025 resulting in €25.7 billion in the first nine months of 2025. When cash products and advisory services are included, total net flows were €12.1 billion in Q3 2025, and €40.5 billion in the first nine months of 2025 – a new high for DWS.

Costs reduced to €435 million in the Q3 2025, down 2 per cent from €442 million in the second quarter of the year. Revenues rose to €754 million in Q3 2025, up 1 per cent from €746 million in the second quarter of 2025.

Earnings per Share (EPS) increased to €1.10 in Q3 2025. The Cost-Income Ratio (CIR) also improved to 57.7 per cent in the third quarter of the year, from 59.2 per cent in the second quarter, in line with DWS’ expectation for 2025.

Total assets under management increased by €44 billion to a new record level of €1,054 billion in Q3 2025, from €1,010 billion in the second quarter.

As a result, DWS said it had reached its second-best financial results for a quarter and its best financial results for the first nine months of a year. Based on this strong performance, DWS reiterated its CIR and EPS targets for 2025.

“We are now on the final sprint to the finish of our three-year plan, and we continue to deliver what we have promised,” Stefan Hoops, CEO of DWS said. “With our best nine months financial results ever, our EPS target is well within reach. And while you will not see us taking our eyes off the ball to achieve our targets for 2025, we keep investing into future growth.”