Deutsche Bank reports € 1.6 billion profit before tax in the first quarter of 2021

Highest quarterly Group profit for seven years

Profit before tax of € 1.6 billion with net profit of € 1.0 billion
Group post-tax Return on Tangible Equity (RoTE)¹ of 7.4%
Core Bank profit before tax of € 2.0 billion, more than double the prior year quarter, driven by significant profit growth across all core businesses

Corporate Bank: up 90% to € 229 million
Investment Bank: up 134% to € 1.5 billion
Private Bank: up 92% to € 274 million
Asset Management: up 66% to € 183 million
Core Bank post-tax RoTE¹ of 10.9%, versus 4.9% in the prior year quarter

Full press release (ENG)