Deutsche Bank reports Q4 pretax loss


Deutsche Bank (DB) books a pretax Q4 loss of €1.2B.

The bank reports €528M in litigation costs.

Q4 revenue falls 16% (Y/Y) to €6.6B.

The results confirm an earlier report by WSJ that the firm was looking to issue a profit warning.

Official results

From other sites
Comments (7)
  • omarbradley
    , contributor
    Comments (966) | Send Message
     
    sixteen percent revenue decline?
    19 Jan 2014, 05:54 PM Reply Like
  • Ted Bear
    , contributor
    Comments (694) | Send Message
     
    what's next, another rights offering?
    19 Jan 2014, 06:07 PM Reply Like
  • nooseah
    , contributor
    Comments (690) | Send Message
     
    Ah, some reality at last. How long can banks continue to finesse results with loan loss reserve releases and other gimmicks. And how long will it take for investors to wake up to these shenanigans?
    19 Jan 2014, 08:22 PM Reply Like
  • divinecomedy
    , contributor
    Comments (465) | Send Message
     
    What's their leverage again? Surely a tripling of that will bring the entire Euro GDP into their books. That should boost revenue and profits surely?
    19 Jan 2014, 11:10 PM Reply Like
  • ReligiousWacko
    , contributor
    Comments (1812) | Send Message
     
    Maybe they can brand themselves as social media company, lose more money and 100x the market cap?
    20 Jan 2014, 02:13 AM Reply Like
  • The Long Tail of Finance
    , contributor
    Comments (1597) | Send Message
     
    38.89, according to Bloomberg, and calculated as:

     

    Average Total Assets
    ----------------------...
    Average Total Common Equity
    20 Jan 2014, 06:43 PM Reply Like
  • Tombaum eister
    , contributor
    Comments (203) | Send Message
     
    DB is way behind the French Banks which have reached their 2010 valuation level recently, while DB is still more than 30% off that level. Credibility of Management is completely gone, the guy in charge (Jain) allowed the IB to be drawn into all those nasty lawsuits! It's time for a change!!
    20 Jan 2014, 12:34 PM Reply Like
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