Deutsche Bank AG(US:DB)2025-07-24 05:00Financial Performance & Targets - Deutsche Bank's H1 2025 revenues grew by 6%, positioning the bank to achieve its full-year revenue target of approximately €32 billion[2] - The bank's H1 2025 adjusted costs were flat year-over-year, aligning with guidance, while noninterest expenses decreased by 15%[2] - Deutsche Bank reported a RoTE of 11.0% and a CET1 ratio of 14.2% in H1 2025[3] - The bank is on track to achieve its RoTE target of over 10% for FY 2025 and maintains a revenue CAGR target of 5.5-6.5% from 2021-2025[19] - Deutsche Bank aims for a cost/income ratio of less than 65% in FY 2025[19] Divisional Performance (Q2 2025) - The Corporate Bank's revenues were €1.896 billion, a decrease of 1% compared to Q2 2024[52] - The Investment Bank's revenues increased by 3% year-over-year to €2.687 billion, driven by strong performance in Fixed Income & Currencies (FIC)[55] - The Private Bank's revenues were up 2% year-over-year, reaching €2.371 billion, with profit before tax increasing by 56%[60] - Asset Management saw a 9% increase in revenues to €725 million, with profit before tax up by 41%[64] Capital & Risk Management - The bank's CET1 ratio increased by 42 bps compared to Q1 2025, reaching 14.2%, supported by earnings and capital efficiency measures[44] - Provision for credit losses in Q2 2025 was €0.4 billion, a decrease of 11% compared to Q2 2024[25] - Deutsche Bank's sustainable finance volumes increased by 30% year-over-year, reaching €417 billion cumulatively since 2020[25]