By Anthony Shevlin 
 

Deutsche Bank AG (DBK.XE) said Monday that it expects its second-quarter income and revenue to be considerably above consensus estimates.

The German bank said it expects net income of around 400 million euros ($467.3 million) for the period compared with an average analyst estimate of EUR159 million.

The company expects pretax profit of around EUR700 million compared with an average analyst estimate of EUR321 million.

Revenue for the second quarter is expected to be EUR6.6 billion compared with an average consensus estimate of EUR6.4 billion, said Deutsche Bank.

Deutsche Bank said non-interest expenses are expected to be around EUR5.8 billion compared with consensus of EUR6 billion.

The bank's Common Equity Tier 1 capital ratio, a measure of a bank's capital strength, is expected to be around 13.6% compared with the average consensus estimate of 13.3%, it said. Deutsche Bank said its fully-loaded leverage ratio is expected to be around 3.9% compared with an average consensus expectation of 3.7%.

All of these results are preliminary and Deutsche Bank releases its second-quarter results on July 25.

Write to Anthony Shevlin at anthony.shevlin@dowjones.com

(END) Dow Jones Newswires

July 16, 2018 04:57 ET (08:57 GMT)