Deutsche Bank Q4 surges in 3rd year of annual profit

FRANKFURT (Reuters) - Deutsche Bank's fourth-quarter profit surged, exceeding expectations and contributing to a third consecutive year of profit that was helped by higher interest rates and buoyant trading but damped by a slump in dealmaking that has shaken the industry.

Net profit attributable to shareholders was 1.803 billion euros ($1.99 billion) in the three months ending Dec. 31, figures published on Thursday showed. That compares with a profit of 145 million euros a year earlier, and it is better than analyst expectations for a profit of around 951 million euros.

($1 = 0.9074 euros)

(Reporting by Tom Sims and Marta Orosz; Editing by Paul Carrel)