ots Ad hoc-Service: Deutsche Bank AG <DE0005140008> Deutsche Bank reports record 6 months results Net income increased 115 per cent to Euro 3.8 billion
Frankfurt (ots Ad hoc-Service) -
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Deutsche Bank Group today reported a record result for the first 6 months of 2000. Net income reached Euro 3,777 million. This is an increase of 114.6 per cent compared with Euro 1,760 million in the first half of 1999. Profit before taxes increased by 118.8 per cent to Euro 4,885 million (Euro 2,233 million). Diluted earnings per share (excl. goodwill amortization) were in the first half of this year Euro 6.58, compared with Euro 3.06 in the first half of 1999. Return on equity before taxes (excl. goodwill amortization) was 46.3 per cent, compared with 25.8 per cent in the first quarter a year ago.
Additional key figures for the first 6 months of 2000 (first half of 1999): Net interest income: Euro 3,135 m. (Euro 3,060 m.) + 2.5 % Provisions for losses on loans and advances: Euro 144 m. (Euro 236 m.) - 39.0 % Net commission income: Euro 5,987 m. (Euro 3,014 m.) + 98.6 % Trading profit: Euro 3,844 m. (Euro 2,194 m.) + 75.2 % General administrative expenses: Euro 10,278 m. (Euro 6,296 m.) + 63.2 % Income taxes: Euro 1,108 m. (Euro 473 m.) +134.2 %
The complete report for the first half of 2000 is available on the internet: www.deutsche-bank.com/q2
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Original content of: Deutsche Bank AG, transmitted by news aktuell