Deutsche Bank Q2 Highlights: 11% Revenue Growth, Expects Buyback & Dividends Of €1B In 2023
Portfolio Pulse from Lekha Gupta
Deutsche Bank AG (NYSE:DB) reported Q2 2023 revenue growth of 11% Y/Y to €7.41 billion. The bank expects share repurchases and dividends of over €1 billion in 2023. However, DB shares are trading lower by 1.81% at $11.40 premarket on the last check Wednesday.
July 26, 2023 | 9:33 am
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Deutsche Bank reported an 11% Y/Y revenue growth for Q2 2023 and plans for share repurchases and dividends of over €1 billion in 2023. Despite this, shares are trading lower.
Despite the positive earnings report and plans for share repurchases and dividends, Deutsche Bank's shares are trading lower. This could be due to market factors or investor sentiment not reflected in the earnings report.
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