Deutsche Bank Aktiengesellschaft (DB)
After hours:
- Reuters
Deutsche Bank to make provision for Postbank suit that will hit Q2 profit
Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require it to make a legal provision that will impact its second quarter and full-year profitability. Germany's flagship lender said that the Higher Regional Court of Cologne had on Friday assessed the claims of certain former Postbank shareholders that a higher offer price should have been paid for the 2010 takeover. "While Deutsche Bank continues to disagree strongly with this assessment, the court's statements will impact Deutsche Bank's estimation of the probability of a future outflow, resulting in a legal provision in the second quarter of 2024."
- Zacks
Deutsche Bank (DB) Q1 Earnings & Revenues Rise Y/Y, Stock Up
Deutsche Bank's (DB) first-quarter earnings benefit from higher revenues in the Investment Bank and Asset Management segments, along with lower costs. However, a rise in provisions remains a concern.
- Insider Monkey
Deutsche Bank Aktiengesellschaft (NYSE:DB) Q1 2024 Earnings Call Transcript
Deutsche Bank Aktiengesellschaft (NYSE:DB) Q1 2024 Earnings Call Transcript April 25, 2024 Deutsche Bank Aktiengesellschaft isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, welcome to the Q1 2024 Analyst Conference Call and Live Webcast. I’m Morita, Chorus […]
