Deutsche Bank reported net income before reversal of 1999/2000 credits for tax rate changes for the second quarter 2004 of € 749 million, up 27% from € 588 million in the second quarter 2003. For the first six months of 2004, net income before reversal of 1999/2000 credits for tax rate changes was € 1.7 billion, up 330% from € 399 million in the first half 2003.
Net income in the second quarter 2004 was € 656 million, up 15% from the second quarter 2003, and diluted earnings per share were € 1.16, up 25% from 93 cents in the second quarter 2003. Net income in the first half 2004 was € 1.6 billion, an increase of 353% compared to the first six months 2003, and diluted earnings per share were € 2.83, up 396% from 57 cents in the first six months of 2003.