Deutsche Bank Q1 2026 Earnings Report - Profit Decrease of 10% to €1.6 Billion

Deutsche Bank reported its first quarter 2026 earnings with profit before tax of €2.2 billion, down 11% from €2.4 billion in Q1 2025. Post-tax profit declined 10% to €1.6 billion. Net revenues decreased 4% to €7.8 billion, while noninterest expenses improved by 2% to €5.1 billion. The bank maintained a Common Equity Tier 1 capital ratio of 13.8%, unchanged from the prior year quarter. Key segment performance included Private Bank profit growth of 39% to €681 million, Asset Management profit increase of 37% to €279 million, and Investment Bank profit decline of 7% to €1.4 billion. The bank reaffirmed its 2028 financial targets including post-tax return on average tangible equity greater than 13% and cost/income ratio below 60%. For 2026, Deutsche Bank expects revenues to be slightly higher compared to 2025, with net revenues projected around €33 billion.