Deutsche Bank First Quarter 2024 Earnings: Revenues Beat Expectations

Deutsche Bank (ETR:DBK) First Quarter 2024 Results

Key Financial Results

• Revenue: €7.34b (flat on 1Q 2023).
• Net income: €1.42b (up 9.6% from 1Q 2023).
• Profit margin: 19% (up from 18% in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Deutsche Bank Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Capital Markets industry in Germany.

Performance of the German Capital Markets industry.

The company's shares are up 13% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Deutsche Bank.

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