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Deutsche Bank AG — Earnings Release 2010
Jan 31, 2011
99_rns_2011-01-31_0d32ab0a-c5dc-49d2-aaea-b4e9fbf97ad0.html
Earnings Release
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News Details
Ad-hoc | 31 January 2011 20:26
Deutsche Bank provides preliminary update on fourth quarter 2010 results
Deutsche Bank AG / Key word(s): Preliminary Results
31.01.2011 20:26
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) today announced, on a
preliminary and unaudited basis, key elements of its fourth quarter 2010
financial performance.
Deutsche Bank expects increased total net revenues of approximately EUR 7.4
billion for the fourth quarter (4Q2009: EUR 5.5 billon). Due to first time
consolidation of Deutsche Postbank AG and acquisition-related costs as well
as accelerated investments made to realign the bank, i.e. integration
measures in the Corporate and Investment Bank (CIB) and Sal. Oppenheim
Group, Deutsche Bank's noninterest expenses increased to EUR 6.3 billion
(4Q2009: EUR 4.2 billion).
As a result, Deutsche Bank currently anticipates an income before income
taxes for the fourth quarter 2010 of approximately EUR 700 million (4Q2009:
EUR 756 million), and a net income of approximately EUR 600 million
(4Q2009: EUR 1.3 billion, reflecting special tax items).
Deutsche Bank's fourth-quarter and full-year 2010 results will be published
as scheduled on 3 February 2011 with the Annual Press Conference in
Frankfurt and an Analyst Call taking place on the same day.
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Language: English
Company: Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt a. M.
Deutschland
Phone: +49 (0)69 910-00
Fax: +49 (0)69 910-38 591
E-mail: [email protected]
Internet: www.deutsche-bank.de
ISIN: DE0005140008
WKN: 514000
Indices: DAX, EURO STOXX 50
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München, Stuttgart; Terminbörse
EUREX; NYSE
End of Announcement DGAP News-Service