Revenues dropped 11% to €8.4B.
Pretax profit plunged 30% to €1.68B vs consensus of €1.4B.
Revenue from trading fixed income, currencies and other products declined 10% to €2.43B but was also above expectations of €2.12B.
Basel III Tier 1 capital ratio declined to 9.5% from 9.7% in December.
After markets closed yesterday, Deutsche Bank said it plans to auction at least €1.5B in "contingent convertible" bonds to help increase capital levels and meet stricter leverage limits.
Shares are +2.5% in Frankfurt. (PR)