Investing.com - Deutsche Bank AG (NYSE:DB) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Deutsche Bank (ETR:DBKGn) AG announced earnings per share of €0.33 on revenue of €6.65B. Analysts polled by Investing.com anticipated EPS of €0.4395 on revenue of €6.54B.
Deutsche Bank AG shares are down 17% from the beginning of the year, still down 45.90% from its 52 week high of €14.64 set on February 10. They are under-performing the Euro Stoxx 50 which is down 16.35% from the start of the year.
Deutsche Bank AG shares lost 3.31% in intra-day trade following the report.
Deutsche Bank AG follows other major Financial sector earnings this month
Deutsche Bank AG's report follows an earnings beat by Deutsche Boerse on Wednesday, who reported EPS of €1.98 on revenue of €1.02B, compared to forecasts EPS of €1.79 on revenue of €976.76M.
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