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Deutsche Bank Q4 Net Profit Drops 76%

Deutsche Bank AG (NYSE: DB) reported a 76% drop in its fourth-quarter net profit.

Deutsche Bank's quarterly net profit declined to 147 million euros ($194 million), from €601 million, in the year-earlier period. However, analysts were expecting a net profit of €556 million.

Deutsche Bank shares fell 1.46% to $43.87 in pre-market trading.

Posted-In: EarningsEarnings News

 

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