Deutsche Bank reported a record first-quarter post-tax profit of €2.2 billion for 2026, according to its latest financial results. The figure marks the highest quarterly profit in the bank's history, driven by strong performance in its investment banking and asset management divisions.
The bank's revenue rose to €7.8 billion, up 12% from the same period last year, with net interest income benefiting from higher interest rates. CEO Christian Sewing said the results reflect the success of the bank's restructuring efforts and focus on cost discipline.
Deutsche Bank's common equity Tier 1 (CET1) ratio, a key measure of financial strength, stood at 14.8%, well above regulatory requirements. The bank also announced a share buyback program of €500 million.
Analysts noted that the profit exceeded market expectations, which had forecast around €1.9 billion. The bank's shares rose 3.5% in Frankfurt trading following the announcement.
