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Deutsche Bank posts nearly record €1.64bn quarterly profit
Deutsche Bank achieved nearly record-breaking profits in the second quarter of 2026, with pre-tax earnings reaching €2.68 billion, a figure close to the bank's 2007 annual profit, which was a historic milestone. Net profits totaled €1.64 billion, marking a 10% increase compared to the same period last year, surpassing expectations significantly. The bank also announced plans to allocate €500 million for share buybacks in the second half of the year. The investment banking division performed strongly, with profits increasing by 60% to €1.3 billion before taxes. CEO Christian Zewing expressed confidence in the bank's ability to achieve its future goals, including boosting return on equity to over 13%.
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