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Deutsche Bank says ‘on track’ to achieve greater than 10% RoTE target in FY25

Says 9M 2025 revenues in line with CAGR target of 5.5-6.5%; remain on course to deliver on ~EUR 32B FY 2025 revenue ambition; Cost discipline supports trajectory to CIR target of less than65% for FY 2025; Anticipating lower provisioning levels in H2, reflecting ongoing underlying portfolio strength; developments in CRE and macroeconomic environment remain closely watched; Second share buyback completed in October; remain committed to outperforming EUR 8B total distribution target;On track to achieve greater than10% RoTE target in FY 2025. Comments taken from Q3 earnings conference call slides.

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