Deutsche Bank Q4 earnings 2025 results

German Bank He said he made a record profit on Thursday In the fourth quarter of 2025.

The German bank’s fourth quarter results showed net profit attributable to shareholders was 1.3% billion euros ($1.56 billion) in the three-month period. beat 1.12 Billion euros are predicted by analysts.

Overall, Deutsche Bank’s group revenues amounted to 7.73 billion euros in the three months ending December; this was in line with the €7.72bn estimate produced by LSEG.

Meanwhile, the CET 1 capital ratio, which provides a snapshot of a bank’s solvency, stood at 14.2% in the fourth quarter; a slight decrease from 14.5% in the previous quarter and an increase to 13.8% for the same period in 2024.

Elsewhere, loan impairment, a measure of how negatively affected the loan portfolio is by loan losses, stood at 395. million euros, down from the 408.3 million euros forecast by analysts and the 417 million euros in the third quarter.

James Von Moltke, Deutsche Bank’s chief financial officer, said the results marked “fantastic record years” for the bank’s fixed income and foreign exchange businesses and asset management unit DWS, with growth also seen in its private banking business. On the other hand, 2025 was a “slightly weaker year” in terms of corporate activity; Investment banking and capital markets also slowed.

Speaking to CNBC’s “Europe Early Edition,” Von Moltke said all four of the bank’s businesses are “naturally and really well positioned in this environment” to perform well in 2026. He said there is optimism about growing the IPO pipeline. He also acknowledged that it was “difficult to speculate” on a potential market correction.

“There are good reasons to believe [markets] may be overstretched; “There are good reasons to believe that the market can continue to perform,” he said. “There is sentiment risk that is prevalent in the market right now… barring some disruptive events, we actually think markets are quite constructive.”

He expressed optimism that households in Germany would benefit from the country’s fiscal expansion and said the firm’s corporate banking businesses were well positioned to benefit from this wave of investment.

The fourth-quarter earnings release came a day after German federal prosecutors launched an investigation into allegations of money laundering at the lender and law enforcement searched Deutsche Bank’s offices in Frankfurt and Berlin.

Von Moltke said the bank is cooperating with investigators on the matter. He declined to comment on specific customer transactions but acknowledged reports Wednesday pointing to transactions dating back to 2013 and 2018.

“The idea here is that there could be grounds for money laundering through potentially late, filed or delayed filing of suspicious activity reports. Let’s see what comes of this,” he added.

“It’s driven by good transactions in the past. Since then we’ve invested heavily in our financial crime risk management capabilities. We think those investments are really good for positioning the company well and protecting both ourselves and the market against potential money laundering.”