Deutsche Bank swings to full year profit after weak fourth quarter

Reuters  |  FRANKFURT 

(Reuters) - returned to profit in 2018, its first in four years, despite a loss in the fourth quarter, it said on Friday.

The fourth-quarter net loss of 409 million euros ($467.73 million) at Germany's flagship lender was greater than the 268 million euros expected on average by analysts, according to a consensus report on the bank's website.

($1 = 0.8744 euros)

(Reporting by Tom Sims and Patricia Uhlig; editing by Thomas Seythal)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 01 2019. 11:24 IST