Deutsche Bank on Thursday posted a 30% drop in fourth-quarter profit as restructuring costs and other one-off expenses outweighed revenue gains, but the fall was not as steep as analysts feared.

The bank also announced plans for 1.6 billion euros ($1.73 billion) in share buybacks and dividends, and it raised its outlook for revenue growth.

Net profit attributable to shareholders was 1.26 billion euros in the quarter. That compares with profit of 1.803 billion euros a year earlier, and it is better than analyst expectations for profit of around 700 million euros.

($1 = 0.9257 euros)

(Reporting by Tom Sims and Frank Siebelt, Editing by Rachel More)