The audited annual financial statement show a loss of €735m (£648.21m), significantly higher than the €497m (£438.31m) figure provisionally posted at the beginning of last month.
The main reason for the deviation was given as a one-off accounting effect of US tax claims.
Had it not been for President Donald Trump’s tax changes in the fourth quarter of 2017, the bank said it would have made a profit of around €1bn (£880m).
Despite this being the third year in a row with losses, employees of the largest German bank receive around €2.3 billion (£2bn) in bonuses while shareholders will receive dividends of 11 cents (9.7p) per share.
Group CEO John Cryan insisted he wanted the bank to get back into profit again.
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He said: “We reaffirm our goal to return to net gains and competitive pay in 2018.
“We have now laid the groundwork to unlock the potential of our bank”.
The Management Board – which has 12 managers – will receive a total of €29.2m (£25.75m) in bonuses for 2017.
Mr Cryan received a salary of €3.4m (£3m) for the past year, less than the €3.8m (£3.35m) the previous year.
The chief executive said he recognised the decision to boost bonuses “was highly contentious for many given the reported net loss in 2017”.
But he said the compensation was necessary to hold onto the best talents.
He said: “If we want to live up to our claim of being the leading European bank with a global network, we have to invest in our employees.”
It emerged over the weekend that members of the Deutsche Bank board did not accept their annual bonuses again as they have been doing since 2015 amid growing criticism of top executives taking home huge salaries despite poor company results.