Deutsche Bank

Annual Press Conference 2011


Speech Dr. Josef Ackermann

Dr. Josef Ackermann presents preliminary results for the fourth quarter and full year 2010.


Press Release

  • Income before income taxes was EUR 4.0 billion in 2010. Income before income taxes, excluding the Postbank and other acquisition-related charges, was EUR 6.5 billion compared to EUR 5.2 billion in 2009
  • Income before income taxes in the fourth quarter was EUR 707 million compared to EUR 756 million in the fourth quarter 2009
  • Record fourth quarter revenues of EUR 7.4 billion
  • Fourth quarter noninterest expenses of EUR 6.3 billion reflect first time consolidation of Postbank, other acquisition-related cost and the decision to accelerate strategic investments to realign the bank 
  • Successfully completed EUR 10.2 billion capital increase. Tier 1 ratio was 12.3% and core Tier 1 ratio was 8.7%
  • Cash dividend recommendation of EUR 0.75 per share
  • 2011 profit target of EUR 10 billion for business divisions reaffirmed
Annual Press Conference Release

Social Media
Discuss the Annual Press Conference.

Visit our Facebook page.
Photos of the Annual Press Conference on flickr.
Follow the Annual Press Conference via Twitter.

Visit Deutsche Bank’s video channel.

Footer Navigation:
Last Update: February 4, 2011
Copyright © 2016 Deutsche Bank AG, Frankfurt am Main