FRANKFURT, Germany (AP) _ Deutsche Bank AG (DB) on Wednesday reported net income of $324.9 million in its third quarter.

The Frankfurt, Germany-based bank said it had earnings of 15 cents per share.

The bank posted revenue of $8.54 billion in the period. Its revenue net of interest expense was $6.94 billion, surpassing Street forecasts.

Deutsche Bank shares have increased 19% since the beginning of the year. The stock has increased 15% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DB at https://www.zacks.com/ap/DB

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News