Net income attributable to shareholders decreased by 61% to €213m for Q1 16 compared to Q1 15. Total revenues were down by 22% to €8.1bn in Q1 16 compared to Q1 15. Total expenses declined by 17% to €7.2bn in the same period. Litigation charges were €187m for Q1 16 compared to €1.54bn for Q1 15. Restructuring costs rose from €67m for Q1 15 to €285m for Q1 16. Pre-tax profit declined by 61% to €579m for Q1 16 compared to Q1 15. The tax ratio was again at
28 Apr 2016
Disappointing Q1 earnings
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Disappointing Q1 earnings
Deutsche Bank Aktiengesellschaft (DBK:WBO) | 0 0 -0.3% | Mkt Cap: 26,521m
- Published:
28 Apr 2016 -
Author:
Dieter Hein -
Pages:
2
Net income attributable to shareholders decreased by 61% to €213m for Q1 16 compared to Q1 15. Total revenues were down by 22% to €8.1bn in Q1 16 compared to Q1 15. Total expenses declined by 17% to €7.2bn in the same period. Litigation charges were €187m for Q1 16 compared to €1.54bn for Q1 15. Restructuring costs rose from €67m for Q1 15 to €285m for Q1 16. Pre-tax profit declined by 61% to €579m for Q1 16 compared to Q1 15. The tax ratio was again at