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Deutsche Bank (DB): Q3 net profit +3% to €747M, beating consensus of €704M and boosted...
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Tuesday, October 30, 2012, 5:22 AM ETDeutsche Bank (DB): Q3 net profit +3% to €747M, beating consensus of €704M and boosted by "improved market conditions and increased market activity." Includes €276M charge for restructuring. Net revenue €8.7B vs €7.32B. Pretax profit +20% to €1.13B, in line. Investment bank net revenue +65% to €1.7B. Provisions for bad loans +20% to €555M, above consensus of €423M. Core tier one ratio 10.2%. Shares +2.9% in Frankfurt. (PR)
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