Deutsche Bank shares gain 6% after second-quarter profit beat

On the other hand, The firm's core investment banking unit reported a 3% year-on-year hike in revenue to 2. 687 billion euros in the June quarter (which is quite significant)

Nicolas Maeterlinck | Afp | Getty ImagesDeutsche Bank on Thursday beat expectations on the bottom line and said it was on track to meet full-year targets, despite mixed results within its key investment banking unit and euro gains against the U (noteworthy indeed)

Furthermore, Watch now3:5903:59Deutsche Bank CFO: 'Seeing the momentum we hoped to see'Europe Early EditionDeutsche Bank Chief Financial Officer James von Moltke told CNBC's Annette Weisbach in a Thursday interview: "The setup in terms of momentum, discipline around costs, momentum in the es, looks to us very encouraging, and therefore we're confident that we're on track to achieve our targets. "Across the board, the bank noted an impact from the relative strength of the euro against the U

Additionally, Dollar, with von Moltke describing it as the "big thing that's kind of flowing through our numbers (which is quite significant). "Deutsche Bank s were up 5 (an important development) (which is quite significant). 76% at 09:15 a (which is quite significant)

Furthermore, London time (04:15 a

Conversely, ), nearing 10-year highs (this bears monitoring)

Nevertheless, Furthermore, Other second-quarter highlights included:fit before tax of 2

CET 1 capital ratio, a measure of bank solvency, was 14, in today's financial world

This analysis suggests that firm's core investment banking unit reported a 3% year-on-year uptick in revenue to 2, given current economic conditions. 7 billion euros in the June quarter, but reported mixed results at its subdivisions, in light of current trends

In fixed income and currencies, the bank posted a "strong" 11% revenue bump driven by higher net interest income in financing and increased volatility and client activity in foreign exchange (remarkable data), in today's financial world

But Deutsche Bank's origination and advisory division — which deals with relationships with major corporates and sovereign institutions — logged a second-quarter revenue decline of 29% to 416 million euros, citing "market uncertainty" and noting an overall "postponement of some material transactions into the second half of 2025, in today's market environment

Moreover, "Corporate banking revenues, meanwhile, dipped by 1% on the year to 1. 896 billion euros in the second quarter, with von Moltke noting "a bit of a chill" in corporate activity and decision-making. "Loan growth has been more sluggish than we'd to have seen," he said, flagging the effect of foreign exchange translations from the parts of the accounted in the U

Additionally, "Otherwise, as I say, it's been a normalization of deposit margins, a little bit of effects (noteworthy indeed)

Held the back in the quarter

On the other hand, "Stock Chart IconStock chart iconEuro/dollarEuropean banks overall are facing the challenge of navigating a lower interest rate environment, with the European Central Bank most recently bringing its key interest rate down to 2% in June and expected to hold that monetary policy during its meeting later in the Thursday session, amid market uncertainty

A recent German and broader European defense spending push has been supporting gains within the industry and offering new investment opportunities for European lenders, in light of current trends

Furthermore, Speaking to CNBC's Annette Weisbach in late June, Deutsche Bank CEO Christian Sewing said that "we have ly, in particular on the European side, been under" and stressed the lender has sized up both its portfolio appetite and resourcing to advise clients on defense ventures

Domestically, the tumult that gripped German at the end of last year has quietened after snap elections awarded stewardship to a new ruling coalition under Chancellor Friedrich Merz

The renewed stability has been reflected in investor and client sentiment and is also beginning to reverberate in volumes, according to von Moltke. "That's a real change from the past several years that where that hasn't been the case," he said

But the European Union's largest economy — and the third largest exporter globally — is now mired in trade uncertainty as the 27-nation bloc races to agree a tariff deal with U

President Donald Trump by an Aug. 1 deadline, in today's market environment. "If tariffs materialise in August, a recession in Germany in 2025 cannot be ruled out," Bundesbank President Joachim Nagel said last week, according to Reuters, amid market uncertainty

Nevertheless, Von Moltke wise recognized that U

Additionally, Tariffs could pose a "relatively steep" increase in currency translations and an ultimate "headwind" for European exporters, but said the impact will be "very varied" for each corporate.