Financial Results
Private Bank Revenues Rise At Deutsche Bank In Q3 2025
Figures across the private banking and wealth management side of the Frankfurt-headquartered group were broadly positive.
Deutsche Bank
said net revenues at its private bank rose 4 per cent in the
third quarter on a year earlier to €2.4 billion ($2.79 billion),
while net interest income in this division rose 9 per cent to
€1.6 billion.
Net commission and fee income was flat at €725 million.
Assets under management were €675 billion, reflecting €13 billion
of net inflows and €16 billion in positive market
development.
For the first nine months of the year, private banking net
revenues rose 3 per cent to €7.2 billion.
Group figures
The lender said that across all its divisions, it made a pre-tax
profit of €2.4 billion, up 8 per cent year-on-year. That figure
would have surged 34 per cent had the positive impact of around
€440 million from the partial release of Postbank-related
litigation provision in the prior year quarter been excluded. Net
profit rose 9 per cent year-on-year to €1.8 billion. The return
on tangible equity ratio was 10.7 per cent; its cost/income ratio
was 64.4 per cent.
Net revenues rose by 7 per cent year-on-year to €8.0 billion;
non-interest costs were €5.2 billion, rising 9 per cent on a year
before.
Adjusted costs, which exclude litigation and other nonoperating
items, were flat on a year ago at €5.0 billion. Provision for
credit losses fell 16 per cent year-on-year to € 417 million.
“We delivered record profits in both the third quarter and first
nine months of 2025, demonstrating the value to clients and
shareholders of our Global Hausbank in a fast-changing
environment,” Christian Sewing, Deutsche’s chief executive, said.
“We are on track to deliver on our 2025 financial targets and,
having increased shareholder distributions by 50 per cent in each
of the last three years, we are on course to return over €8
billion to shareholders from 2022 to 2026.”
The Common Equity Tier 1 capital ratio was 14.5 per cent at the
end of the third quarter, up from 14.2 per cent in the previous
quarter.