Net result attributable to shares increased from a loss of €6.0m for Q3 15 to a profit of €256m for Q3 16. Total revenues were up by 2% to €7.5bn in Q3 16 compared to Q3 15. Total expenses declined by 50% to €6.55bn in the same period and by 4% on an adjusted basis. Litigation charges were €501m for Q3 16 compared to €1.2bn for Q3 15. Restructuring costs were €45m for Q3 16 compared to €2m for Q3 15. Deutsche made a goodwill impairment of €5.8bn in
27 Oct 2016
Slight net profit for Q3 16 due to lower booked litigation costs
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Slight net profit for Q3 16 due to lower booked litigation costs
Deutsche Bank Aktiengesellschaft (DBK:WBO) | 0 0 -0.3% | Mkt Cap: 26,521m
- Published:
27 Oct 2016 -
Author:
Dieter Hein -
Pages:
3
Net result attributable to shares increased from a loss of €6.0m for Q3 15 to a profit of €256m for Q3 16. Total revenues were up by 2% to €7.5bn in Q3 16 compared to Q3 15. Total expenses declined by 50% to €6.55bn in the same period and by 4% on an adjusted basis. Litigation charges were €501m for Q3 16 compared to €1.2bn for Q3 15. Restructuring costs were €45m for Q3 16 compared to €2m for Q3 15. Deutsche made a goodwill impairment of €5.8bn in