Deutsche Bank reported net profit attributable to shareholders of 1.3 billion euros for the fourth quarter of 2025, surpassing the 1.12 billion euros analysts had forecast. Group revenues came in at 7.73 billion euros for the period ending December 31, marginally above the 7.72 billion euros consensus estimate compiled by LSEG. This performance marks the bank’s strongest quarterly bottom line since 2007 and underlines its successful push to boost fee-based businesses.

The Investment Bank division delivered revenues of 3.25 billion euros, up 12% year-over-year, fueled by strong advisory and capital markets activity in Europe and North America. Asset Management revenues rose 8% to 850 million euros, reflecting robust inflows into private markets funds. By contrast, Corporate Bank revenues declined by 4% year-over-year to 1.65 billion euros, pressured by reduced loan syndication volumes and lower transaction banking fees in the German mid-corporate segment.

Deutsche Bank’s CET1 capital ratio stood at 14.2% at quarter-end, down from 14.5% in Q3 but up from 13.8% in Q4 2024. The bank reported a leverage ratio of 4.0%, comfortably above regulatory minimums. Management highlighted that the ratio compression was driven by a modest increase in risk-weighted assets associated with trading book growth, while planned share repurchases of up to 1 billion euros will be executed only if CET1 remains above 14.0%.

On January 28, Frankfurt prosecutors and the Federal Criminal Police Office conducted searches of Deutsche Bank’s Frankfurt and Berlin offices as part of a money-laundering investigation targeting undisclosed staff relationships with foreign entities. The raids, which caused the share price to drop as much as 3.6% intra-day, represent a setback for CEO Christian Sewing’s turnaround strategy. The bank confirmed full cooperation with authorities but provided no further details on the employees or countermeasures being undertaken.