Deutsche Bank posts record Q2 2026 profits with strong investment banking and cost cuts

Deutsche Bank Aktiengesellschaft reported record revenues and net profit in Q2 2026, driven by strong investment banking results and effective cost control measures. The bank improved its cost-to-income ratio to 63%, aiming to reduce it below 60% by 2028 through automation and AI. Credit quality remains solid with loan loss provisions at 38 basis points, supporting stable profitability. Trading at a 0.75x book value, Deutsche Bank's stock appears undervalued compared to peers, presenting potential value if current momentum continues.