0654 GMT - Deutsche Bank reported strong first-quarter results and reaffirmed its 2025 tariffs, but cautioned that tariffs add uncertainty to its outlook, RBC Capital Markets' Anke Reingen and Matthew Russell say in a research note. The German bank beat first-quarter expectations, with both revenue and costs coming in better than expected, the analysts say. The acknowledgment that tariffs bring uncertainty seems only realistic, according to RBC. "A reiteration of the intention to assess additional buybacks in the course of the year is reassuring," the analysts say.(adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 29, 2025 02:55 ET (06:55 GMT)
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