Deutsche Bank Reports Larger-than-Expected Decline in Fourth-Quarter Profit

Germany's largest lender, Deutsche Bank, announced on Thursday a lower-than-anticipated profit for the final quarter of 2024. The net profit attributed to shareholders reached 106 million euros ($110.4 million) in Q4, notably below the 282.39 million euros projected in an LSEG analyst poll. This figure represents a substantial decrease from the 1.461 billion euros recorded in the preceding third quarter.