Deutsche Bank AG (DB) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Q1 2026 analyst conference call and live webcast. I'm Moritz, your chorus call operator. I would like to remind you that all participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by a question and answer session. You can register for questions at any time by pressing star and 1 on your telephone. For operator assistance, please press star and 0. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Ioana Patronice, Head of Investor Relations. Please go ahead. Thank you for joining us for our first quarter 2026 results poll. As usual, our Chief Executive Officer, Christian Saving, will speak first, followed by our Chief Financial Officer, Raja Akram. The presentation, as always, is available to download in the Investor Relations section of our website, stevie.com. Before we get started, let me just remind you that the presentation contains forward-looking statements which may not develop as we currently expect. We therefore ask you to take notice of the precautionary warning at the end of our material. With that, let me hand over to Christian. Thank you, Joanna, and good morning from me. We are very pleased with our first quarter performance. We proved our resilience in an environment of heightened uncertainty and delivered record net profits as we continue to build on our strong foundations. Our financial strength enabled us to support clients to make a very solid start to this phase of our strategy and to create value for our shareholders. Both our key metrics improved over the already strong prior year quarter. Post-tax return on tangible equity rose to 12.7% and our cost-income ratio improved to below 59%. Thi...