Deutsche Bank AG announced Wednesday that net revenues for the third quarter of 2022 were €6.9 billion, up 15% year on year, being the highest third-quarter revenues since 2016.

According to the report, in the three months to September 30, the profit before tax amounted to €1.6 billion, while the profit of Deutsche Bank shareholders was €1.1 billion. In the nine months, the bank reported that revenues went up 7% yearly to €20.9 billion, with pre-tax profit up 46% to € 4.8 billion and post-tax profit up 68% to € 3.7 billion.