Reported 1 day ago
Deutsche Bank (DB) continues its upward momentum, rising by 7.83% for the fourth consecutive day, reaching $33.73 per share, following impressive second-quarter earnings. The bank reported a net income of 1.48 billion euros, a significant turnaround from a loss of 143 million euros the previous year, driving a 188% increase in half-year net income. Additionally, net revenues increased by 3% for the quarter, affirming CEO Christian Sewing’s confidence in meeting future growth targets.
Source: YAHOO