Deutsche Bank reported a 10% increase in second-quarter net profit attributable to shareholders, reaching €1.64 billion ($1.87 billion).

The result defied market expectations for a decline, underscoring the strength of the lender’s global investment banking division, which offset a rise in operating expenses.

This follows a strong first quarter, where the bank posted pre-tax profit of approximately €2 billion, signaling sustained earnings momentum in the first half of 2026.

This follows a strong first quarter, where the bank posted pre-tax profit of approximately €2 billion, signaling sustained earnings momentum in the first half of 2026.

The beat on profit expectations highlights the resilience of the investment banking sector amid a volatile macroeconomic backdrop.

While cost pressures mounted across the industry, Deutsche Bank’s revenue generation in M&A and IPO advisory services proved robust enough to drive top-line growth.

The performance suggests that deal-making activity remains a key driver for European banks, even as broader economic uncertainty persists.