Deutsche Bank posts steeper-than-expected fall in fourth-quarter profit
Core Viewpoint - Deutsche Bank reported weaker-than-expected profits for the fourth quarter of 2024, significantly lower than analyst forecasts [1][2]. Financial Performance - Net profit attributable to shareholders for the fourth quarter was 106 million euros ($110.4 million), falling short of the forecasted 282.39 million euros [1]. - This represents a substantial decline from the 1.461 billion euros achieved in the third quarter [1]. - Revenue for the fourth quarter reached 7.224 billion euros, slightly above the analyst poll estimate of 7.125 billion euros [2].