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Deutsche Bank's stock is getting hit. Again. This time it's because of weaker than expected earnings. (DB)

Deutsche Bank's stock is getting hit. Again. This time it's because of weaker than expected earnings. (DB)




Deutsche Bank stock is sliding 2% after the bank missed its fourth quarter revenue target.




Bloomberg said the the German government would orchestrate a merger with with rival Commerzbank by mid-2019 if restructuring efforts fell short of targets. The shares also fell after that report.




Deutsche Bank's stock has been on a rollercoaster ride, hit by, among other things, two separate bank raids last year. The shares have fallen 48% in the past 12 months.



Investors offered no respite to Deutsche Bank's stock after the German bank reported earnings that fell short of analyst expectations. The stock dropped more than 2%.
The struggling lender has been implementing cost-cutting programs to improve efficiency but the bank earned a post-tax return on tangible equity of just 0.4%, half what analysts expected.
Deutsche Bank's stock has been on a rollercoaster ride, hit by, among other things, two separate bank raids last year. The shares have fallen 48% in the past 12 months, reaching record lows. The market capitalization is about €16 billion, a little bigger than what would be deemed a US midcap.
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