Third-quarter net profit was 1.031 billion euros ($1.06 billion), above an analyst consensus of quarterly net profit attributable to shareholders of 997 million euros, according to LSEG data.
The bank's third-quarter net profit was down 8% on the previous year and up 35% on the quarter, amid ongoing struggles in the lender's investment unit.
It also said it had scope to release up to an additional 3 billion euros in capital and would increase and accelerate shareholder distributions.
The provision for credit losses was 200 million euros, compared to 350 million in the same quarter of last year.
Analysts at UBS said Deutsche Bank had delivered a "major improvement in capital" and "robust operational performance," flagging that pre-tax profit of 1.723 billion euros was 9% above consensus.
Persons:
James von Moltke, CNBC's Silvia Amaro, von Moltke
Organizations:
Deutsche Bank, UBS
Locations:
London