Deutsche Bank posted third quarter profits which, at 8%, marked a decline, albeit one not as severe as analysts had been predicting. The investment bank’s revenues slumped for the quarter, however at the retail and corporate divisions, they were up due to the effects of higher interest rates, according to the data released on Wednesday.

The report showed 1.031 billion euros ($1.09 billion) in net profit attributable to shareholders. One year prior, that number came in at 1.115 billion euros, and it beat analyst expectations which had been for roughly 937 million euros of profit.

The bank upgraded its revenue forecast for the year, with that figure now coming in at roughly 29 billion euros.

The report highlighted the varied trends being seen in global banking as a plethora of mixed earnings reports have shown most investment banks struggling somewhat. A shortage of deals and sluggish trading have impacted bottom lines in those divisions, as higher interest rates have caused other divisions to flourish.

Despite the fall in profits, the numbers at the largest bank in Germany mark the 13th consecutive quarter in which the bank has turned a profit, a considerable run of success, following several years in which the bank endured sizable losses.

The report comes however as the bank will enter an uncertain period in the coming quarters, now that regulators are scrutinizing the botched merger with its Postbank arm, which was marred by customer complaints over being locked out of accounts and unable to reach technical support call centers.

Deutsche Bank Chief Executive Officer Christian Sewing said, “These results demonstrate strong and sustained business growth momentum combined with continued cost discipline.”