Deutsche Bank Posts 1.9 Billion Euro First Quarter Profit
Deutsche Bank posted a 1.9 billion euro Q1 profit, beating analyst estimates. The result rose from a year earlier despite higher credit risk provisions.
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DEUTSCHE BANK AG-REGISTERED reported a first-quarter net profit of 1.9 billion euros ($2.22 billion) on Wednesday. This 5.5% year-on-year increase beat the 1.768 billion euros expected by analysts. The result proves the resilience of the largest lender in Germany despite rising credit risk provisions.
