• Net revenues rose by 13% to €5.9bn for Q3 20 compared to Q3 19 due to higher Investment Bank revenues.
• Risk provisions decreased by 64% to €273m (25bp) for Q3 20 compared to Q2 20 (61bp).
• Deutsche Bank reaffirmed its guidance for the FY2020 provision for credit losses of 35-45bp of loans.
• Profit attributable to shareholders was €182m for Q3 20 compared to a loss of €942m for Q3 19.

28 Oct 2020
Small net profit above expectations despite windfall profits and low risk provisions
Deutsche Bank Aktiengesellschaft (DBK:WBO), 0 | Deutsche Bank Aktiengesellschaft (DBK:PRA), 0 | Deutsche Bank Aktiengesellschaft (DBK:SWX), 0 | Deutsche Bank Aktiengesellschaft (0H7D:LON), 0 | Deutsche Bank Aktiengesellschaft (DBK:MIL), 0 | Deutsche Bank Aktiengesellschaft (DBANK:BUD), 0 | Deutsche Bank Aktiengesellschaft (DBN:MEX), 0 | Deutsche Bank Aktiengesellschaft (DBK.EUR:SWX), 0 | Deutsche Bank Aktiengesellschaft (DBK:ETR), 0 | Deutsche Bank Aktiengesellschaft (DB:NYS), 0 | Deutsche Bank Aktiengesellschaft (DBK:BSE), 0
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Dieter Hein
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3 pages
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Small net profit above expectations despite windfall profits and low risk provisions
Deutsche Bank Aktiengesellschaft (DBK:WBO), 0 | Deutsche Bank Aktiengesellschaft (DBK:PRA), 0 | Deutsche Bank Aktiengesellschaft (DBK:SWX), 0 | Deutsche Bank Aktiengesellschaft (0H7D:LON), 0 | Deutsche Bank Aktiengesellschaft (DBK:MIL), 0 | Deutsche Bank Aktiengesellschaft (DBANK:BUD), 0 | Deutsche Bank Aktiengesellschaft (DBN:MEX), 0 | Deutsche Bank Aktiengesellschaft (DBK.EUR:SWX), 0 | Deutsche Bank Aktiengesellschaft (DBK:ETR), 0 | Deutsche Bank Aktiengesellschaft (DB:NYS), 0 | Deutsche Bank Aktiengesellschaft (DBK:BSE), 0
- Published:
28 Oct 2020 -
Author:
Dieter Hein -
Pages:
3 -
• Net revenues rose by 13% to €5.9bn for Q3 20 compared to Q3 19 due to higher Investment Bank revenues.
• Risk provisions decreased by 64% to €273m (25bp) for Q3 20 compared to Q2 20 (61bp).
• Deutsche Bank reaffirmed its guidance for the FY2020 provision for credit losses of 35-45bp of loans.
• Profit attributable to shareholders was €182m for Q3 20 compared to a loss of €942m for Q3 19.