WS Investor
29 Jan 2026, 17:46
Deutsche Bank reported record full-year and fourth-quarter results for 2025, meeting all of its financial targets and significantly boosting shareholder returns.
The bank posted a profit before tax of €9.7 billion in 2025, up 84% year on year, while net profit doubled to €7.1 billion. Revenues rose 7% to €32.1 billion, in line with management’s target, supported by steady growth across business lines and strong net inflows of €78 billion in the Private Bank and Asset Management divisions. Cost discipline also improved, with noninterest expenses down 10% to €20.7 billion, driven mainly by a sharp decline in nonoperating costs. The post-tax return on tangible equity reached 10.3%, and the cost/income ratio improved to 64%.
Fourth-quarter performance was particularly strong, with profit before tax rising to €2.0 billion from €583 million a year earlier and net profit increasing to €1.6 billion. Revenues climbed 7% year on year to €7.7 billion, while quarterly noninterest expenses fell 15%.
Deutsche Bank also announced €2.9 billion in proposed capital distributions for 2025, including a €1.00 per share dividend and €1 billion in authorized share buybacks, bringing total completed and proposed distributions since 2022 to €8.5 billion. CEO Christian Sewing said the results confirm the strength of the bank’s Global Hausbank strategy and provide a solid foundation for the next phase of growth, as Deutsche Bank aims to further improve returns and position itself as a leading European banking champion.
The bank posted a profit before tax of €9.7 billion in 2025, up 84% year on year, while net profit doubled to €7.1 billion. Revenues rose 7% to €32.1 billion, in line with management’s target, supported by steady growth across business lines and strong net inflows of €78 billion in the Private Bank and Asset Management divisions. Cost discipline also improved, with noninterest expenses down 10% to €20.7 billion, driven mainly by a sharp decline in nonoperating costs. The post-tax return on tangible equity reached 10.3%, and the cost/income ratio improved to 64%.
Fourth-quarter performance was particularly strong, with profit before tax rising to €2.0 billion from €583 million a year earlier and net profit increasing to €1.6 billion. Revenues climbed 7% year on year to €7.7 billion, while quarterly noninterest expenses fell 15%.
Deutsche Bank also announced €2.9 billion in proposed capital distributions for 2025, including a €1.00 per share dividend and €1 billion in authorized share buybacks, bringing total completed and proposed distributions since 2022 to €8.5 billion. CEO Christian Sewing said the results confirm the strength of the bank’s Global Hausbank strategy and provide a solid foundation for the next phase of growth, as Deutsche Bank aims to further improve returns and position itself as a leading European banking champion.