08:23 AM EDT, 04/29/2024 (MT Newswires) -- Deutsche Bank ( DB ) said in a regulatory filing Friday that it was assessing a court statement regarding the alleged claims of former Postbank's shareholders and its potential financial statement impact.

The Higher Regional Court of Cologne said in a hearing Friday that the claims of former Postbank shareholders that a higher acquisition price by Deutsche should have been paid in 2010, the company said in its 6-K filing with the US Securities and Exchange Commission.

"During the hearing, the Court indicated that it may find elements of these claims valid in a later ruling," Deutsche said.

The impact of the full amount of all claims is roughly 1.30 billion euros ($1.39 billion), the company said.

The bank said it "continues to disagree strongly" with the court's assessment and added that it could lead to a legal provision that will impact its Q2 and full-year profitability and capital ratios.

Deutsche Bank's ( DB ) stock was down 7.7% in recent Monday premarket activity.

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