Deutsche Bank: 4Q Earnings Snapshot
FRANKFURT, Germany (AP) _ Deutsche Bank AG (DB) on Thursday reported a fourth-quarter loss of $1.68 billion, after reporting a profit in the same period a year earlier.
The Frankfurt, Germany-based bank said it had a loss of 80 cents per share.
The bank posted revenue of $8.32 billion in the period. Its revenue net of interest expense was $5.92 billion, exceeding Street forecasts.
For the year, the company reported a loss of $6.41 billion, or $3.04 per share, swinging to a loss in the period. Revenue was reported as $25.95 billion.
Deutsche Bank shares have risen 17% since the beginning of the year. The stock has decreased 1% in the last 12 months.