Deutsche Bank Extends Slump on Loan Provisions, Capital Miss

Deutsche Bank AG’s shares extended their decline this year after the German lender reported rising provisions for bad loans and a key metric of capital strength missed estimates.

Germany’s largest bank said a “single-name exposure” in commercial real estate helped push up loan provisions to €519 million ($607 million) in the first three months of the year. Its CET1 capital ratio, at 13.8%, fell short of the 14% analysts had expected.