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Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring costs eroded revenue gains at its global investment banking division.
Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength
The lender’s better-than-expected performance in investment banking was overshadowed by a drop in profit and shares slumped as the company said it expects costs to remain heavy.
Deutsche Bank warns on costs as profits plunge
Deutsche Bank warned investors that costs in 2025 would be higher than expected after fourth-quarter profits plunged and the bank missed its 2024 cost target and analyst expectations as it was hit by litigation charges and higher-than-expected loan losses.
Deutsche Bank shares plunge as it drops 2025 cost target
Deutsche Bank posted lacklustre earnings in the last quarter of 2024, as higher litigation costs significantly eroded profit margins. View on euronews
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth quarter.
8h
on MSN
Valero Energy beats quarterly profit estimates on lower costs
Refiner Valero Energy beat fourth-quarter profit estimates on Thursday, on lower costs and higher renewable diesel margins.
2d
The Hidden Drivers Of Profitability You Can’t Afford To Ignore
Profitability is the foundation that allows businesses to reinvest in themselves through business expansion and provides ...
3d
Vimeo: Cost Control Worked, But Profit Growth Trajectory Unproven
Vimeo has shown impressive EBITDA improvements from cost control, but growth will need more marketing investments. Click here ...
7d
American Airlines forecasts weak 2025 profit on costly labor deals
American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from ...
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