German lender Deutsche Bank reported revenues that were largely in line with expectations for the third quarter of 2017, as the bank continued to cite a challenging market and interest rate environment.
Here are the key third-quarter metrics:
- Net income: 649 million euros ($768 million) vs. 281 million euros expected, according to Thomson Reuters
- Revenue: 6.8 billion euros vs. 6.84 billion euros expected , according to Thomson Reuters
Deutsche Bank has been hampered with weaker earnings and legal troubles in recent years. In January, the lender agreed to pay a $7.2 billion settlement after the U.S. Justice Department found it had misled investors in its sale of residential mortgage-backed securities.
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Deutsche Bank earnings: 6.8 billion euros in revenue, vs. 6.84 billion euros expected