ots Ad hoc-Service: Deutsche Bank AG <DE0005140008> Deutsche Bank sustains earning power After-tax profit for the first nine months up 139 per cent
Frankfurt (ots Ad hoc-Service) -
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Deutsche Bank Group reached a net income of Euro 4,368 million in the first nine months. This is an increase of 139 per cent compared with Euro 1,827 million in the first nine months of 1999. Profit before taxes increased by 126 per cent to Euro 5,911 million (Euro 2,619 million). Diluted earnings per share (excl. goodwill amortization) were in the first nine months of this year Euro 7.71 compared with Euro 3.41 in the first nine months of 1999. Return on equity before taxes (excl. goodwill amortization) was 37.8 per cent, compared with 20.2 per cent in the first nine months a year ago.
Additional key figures for the first nine months of 2000 (first nine months of 1999): Net interest income: Euro 4,769 m. (Euro 4,714 m.) +1.2% Provisions for losses on loans and advances: Euro 239 m. (Euro 379 m.) -36.9% Net commission income: Euro 8,771 m. (Euro 5,077 m.) +72.8 % Trading profit: Euro 5,431 m. (Euro 3,237 m.) +67.8 % Net income from investments: Euro 2,345 m. (Euro 392 m.) +498.2 % General administrative expenses: Euro 15,139 m. (Euro 10,307 m.) +46.9% Income taxes: Euro 1,543 m, (Euro 792 m.) +94.8 %
The complete interim report as at September 30, 2000 is available on the internet:
www.deutsche-bank.com/q3
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Original-Content von: Deutsche Bank AG, übermittelt durch news aktuell