Deutsche Bank posts €2.6 billion in third-quarter profit before tax

Key Facts

Deutsche Bank posted profit before tax of €2.6 billion in the third quarter of 2026, up 8% from the same period a year earlier, according to the bank’s results statement. The bank said the quarter was its third consecutive quarter of record quarterly profit after tax. It also reported record net profit after tax of €5.9 billion in the first nine months of the year, up 7% year on year. The results showed growth in profit and revenue during the quarter, alongside an increase in assets under management. The figures provide context for the bank’s performance in the period before developments in its capital requirements.

Third-quarter revenue was €8.3 billion, up 4% year on year, according to the investor relations statement. Assets under management at the private bank and asset management division rose to €2.0 trillion. The bank said the increase was driven by record net inflows of €47 billion during the quarter. The inflows placed growth in assets under management alongside revenue expansion over the same period. The bank also posted an after-tax return on tangible equity of 10.6% in the third quarter.

The cost-to-income ratio improved to 62.4% in the third quarter, compared with 64.4% in the corresponding period of 2025, the bank said. The ratio measures expenses against revenue; a lower figure means expenses represented a smaller share of revenue than in the previous period. This coincided with revenue rising to €8.3 billion, up 4% year on year. The bank also cited an 8% increase in profit before tax to €2.6 billion. After-tax return on tangible equity was 10.6% in the same period.

Among upcoming dates, the European Central Bank is scheduled to publish Economic Bulletin issue 7/2026 on 12 November 2026, according to its weekly schedule. The schedule also lists ECB President Christine Lagarde’s participation in a discussion at the Paris Peace Forum on 11 November. It identifies the appearance as a discussion at the forum, without describing it as a speech. The bulletin is scheduled for one day after Lagarde’s participation. These dates provide a timeline for following ECB news in the coming days.