Deutsche Bank said on Wednesday that its second-quarter net income fell 98% from a year earlier, hurt by weaker performances in trading, investment banking and other core areas.

The German lender said net income fell to €20 million ($22 million) from €818 million a year earlier, while net revenue dropped 20% to €7.4 billion. The bank beat average net-income forecasts of analysts, whose expectations had ranged widely from a quarterly loss of more than €1 billion to a profit of more than €500 million.