India, April 29 -- German lender Deutsche Bank AG (DBK.DE,DBK.MI,DB) reported Wednesday higher profit in its first quarter, with increased net revenues.

Looking ahead for fiscal 2026, the company noted that first-quarter performance in line with expectations, providing a solid step-off point for the bank's full-year 2026 revenue ambition of 33 billion euros.

The company is on track to deliver strong operating performance in 2026.

In the first quarter, profit attributable to shareholders grew 8 percent to 1.91 billion euros from last year's 1.78 billion euros. Earnings per share rose 7 percent to 1.06 euros from prior year's 0.99 euro.

Profit before tax was 3.04 billion euros, up 7 percent from 2.84 billion euros a year ago.

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