Deutsche Bank exceeded expectations in Q2, with net profit hitting 1.485 billion euros, above the 1.2 billion forecasted. Revenues were 7.804 billion euros, in line with analyst predictions. The investment banking unit saw a 3% revenue increase, amid a challenging interest rate environment in Europe.

CEO Christian Sewing highlighted new investment opportunities in defense sectors, with European banks exploring these prospects. German politics stabilized after snap elections, but trade uncertainty looms as the EU rushes to secure a tariff deal with the U.S. by August 1. Potential tariffs could lead to a recession in Germany.

Read more at CNBC: Deutsche Bank (DBK) Q2 earnings 2025