During the last quarter of 2016, Deutsche Bank AG (DB) reported worse earnings which negatively affected the company's shares and they were moving in a consolidation with a downtrend tendency in the first months of 2017.
Deutsche Bank's 1Q revenue is a focal point as capital adequacy concerns have been addressed by an external boost and resolution of significant legal issues. A key focus is Deutsche's ability to reverse client attrition in late 3Q-4Q linked to questions of legal liabilities, and to stabilize revenue loss from restructuring.
Management said fixed-income trading (20-25% of 2016 revenue) was up 30% through February, though March comparisons would be harder.
Here is the data expected for the 1Q:
EPS: 0.513
Revenue: $8.162 billion
Net income: $842.50 million
Source: Bloomberg
Junior Trader Ivan Ivanov
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