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DB Gold Short Exchange Traded Notes ( (DGZ) ) has shared an update.
On January 30, 2025, Deutsche Bank announced its financial results for the year 2024, reporting a profit before tax of €5.3 billion, down 7% year-on-year, and revenues of €30.1 billion, marking a 4% increase. Despite facing specific litigation costs, Deutsche Bank achieved business growth and increased its assets under management to over €1 trillion. The bank announced €2.1 billion in planned capital distributions for 2025 and reaffirmed its target for a return on tangible equity above 10% by 2025, along with a revenue goal of around €32 billion. The announcement reflects Deutsche Bank’s ongoing efforts to manage costs and enhance shareholder returns while navigating challenges in the financial markets.
More about DB Gold Short Exchange Traded Notes
Deutsche Bank is a prominent financial services company based in Frankfurt, Germany, primarily involved in investment banking, asset management, and private banking. It focuses on serving clients worldwide with a range of financial products and services, aiming to maintain a strong market presence and achieve its financial targets.
YTD Price Performance: -0.36%
Average Trading Volume: 961
Learn more about DGZ stock on TipRanks’ Stock Analysis page.
