German financial institution Deutsche Bank posted a net profit of 3.7 billion euros in H1 2025, after releasing provisions relating to litigation arising from a legal dispute with Postbank, as per a media release by the bank.
The company showed growth across all four core businesses, with net revenues growing by 6% to 16.3 billion euros. The company’s non-interest expenses decreased by 15% on a year-on-year basis to 10.2 billion euros, as non-recurring expenses did not absorb any costs from the Postbank litigation.
“Despite a more challenging environment in the quarter, Deutsche Bank again delivered a post-tax RoTE of above 10%, demonstrating the strengths of our underlying business model. We are very happy to have delivered our highest second-quarter and first-half year profits since 2007,” said CEO Christian Sewing.
In 2024, Deutsche Bank was ordered by a German court to pay shareholders who claimed they were not compensated enough when it orchestrated its multiphase acquisition of Postbank, now the retail banking arm of Deutsche Bank.
At the time, shareholders were offered 25 euros per share in 2010. The 13 plaintiffs in the lawsuit claimed they were entitled to 57.25 euros per share instead as per a CNBC report.
The German bank’s profit update also comes alongside a relatively strong euro, which has gained 13.68% over the U.S. dollar on a YTD basis.
Source: Google Finance