Q4 pretax profit 700 mln eur, poll avg 1.29 billion eur
* Bank saw one-time costs of 6.4 bln eur in Q4
* Costs from Deutsche Postbank purchase, Sal. Oppenheim (Adds details, background)
FRANKFURT, Jan 31 (Reuters) - Deutsche Bank AG (DBKGn.DE) reported fourth-quarter pretax profit well below consensus, weighed down by restructuring costs at the investment bank as well as the integration of Deutsche Postbank (DPBGn.DE) and Sal. Oppenheim.
Pretax profit came to about 700 million euros ($960.3 million), according to unaudited preliminary figures released by Deutsche Bank in a statement late on Monday, compared with an average estimate of 1.29 billion euros in a Reuters poll.
Deutsche Bank is due to publish full fourth-quarter results on Thursday. ($1=.7289 Euro) (Reporting by Maria Sheahan, editing by Gerald E. McCormick) |