Deutsche Bank smashes profit estimates and boosts shareholder returns

(CNBC) Deutsche Bank on Wednesday smashed fourth-quarter earnings expectations with a net profit of 1.3 billion euros ($1.4 billion), and announced a further 1.6 billion euros in shareholder returns for 2024. The quarterly net profit figure marked an almost 30% fall from the same quarter a year ago, but was significantly higher than the 785.61 million euros expected.

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