LONDON — Deutsche BankOn Thursday, investors bank revenues increased and the result was unexpectedly higher than expected.

According to Refinitiv estimates, analysts expected a quarter loss of 127.58million euros.

After a strong start to the year, full-year profit in 2021 rose to 1.94 Billion Euros. This is an increase of 113million euros from 2020 and a higher figure than analyst forecasts of 1.79billion euros.

Many of its Wall Street counterparts, including JPMorganAnd Morgan StanleyAs higher costs and lower revenues have squeezed margins, a poor earnings season has been experienced by.

The quarterly revenue of the German lender’s investment bank climbed to 1.9 million euros. This was 1% more than last year. Fixed income and currency trading fell 14%, but advisory and origination revenues grew 29%.

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