DB

Deutsche Bank Aktiengesellschaft
D

DB

Arincen47/100B

Deutsche Bank Aktiengesellschaft financials

Yes. Deutsche Bank Aktiengesellschaft earned 7.24B EUR of net income over the last twelve months, 13.5% of its revenue. It made a profit in 21 of its 26 fiscal years since 2000. Its last loss was in fiscal year 2019.

Revenue (TTM)
53.59B EUR
Net income (TTM)
7.24B EUR
Cash and short-term investments
376.41B EUR
Total debt
148.97B EUR
Shareholders' equity
79.41B EUR

Cash, debt and equity as of 30 Sept 2026.

Deutsche Bank Aktiengesellschaft earnings

Next earnings · Q4 FY2026
EPS estimate
0.76 USD
Revenue estimate
8.91B USD
Last quarter · Q3 FY2026
EPS1.08Beat +18.2%Revenue9.44BBeat +1.4%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q4 FY20260.76——-13.98%8.91B——-1.80%
Q3 FY20260.911.08+18.16%+11.34%9.32B9.44B+1.36%+17.67%
Q2 FY20260.910.66-27.47%+22.22%9.30B9.68B+4.18%+23.81%
Q1 FY20261.151.24+7.83%+19.23%9.85B10.02B+1.67%+17.25%
Q4 FY20250.720.88+22.22%+450.00%9.04B9.07B+0.41%+21.34%
Q3 FY20250.850.97+14.52%0.00%8.81B8.02B-8.91%-3.92%
Q2 FY20250.780.54-30.77%—9.11B7.82B-14.19%+2.93%

Deutsche Bank Aktiengesellschaft growth and profitability

Full income statement
Revenue (TTM)
53.59B EUR
Net income (TTM)
7.24B EUR
Gross margin
58.15%
Operating margin
19.26%
Net margin
13.51%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202560.86B-8.25%6.93B+105.91%49.95%15.96%11.39%9.72B+83.73%
FY202466.34B+11.78%3.37B-29.46%42.54%7.98%5.07%5.29B-6.82%
FY202359.35B+59.09%4.77B-13.63%46.12%9.57%8.04%5.68B-24.65%
FY202237.31B+21.32%5.53B+133.62%68.17%15.00%14.81%7.54B+122.30%
FY202130.75B+1.65%2.37B+377.78%80.62%11.03%7.69%3.39B+9.99%

How Deutsche Bank Aktiengesellschaft makes its money

Revenue60.86B 100.0%
Cost of revenue30.46B 50.1%
Gross profit30.40B 49.9%
Selling and administration20.67B 34.0%
Other operating expenses7.25M 0.0%
Operating income9.71B 16.0%
Tax2.59B 4.3%
Other expense191.00M 0.3%
Net income6.93B 11.4%

FY2025, in EUR. Each band is as wide as its money; the percentage is its share of revenue.

Deutsche Bank Aktiengesellschaft revenue breakdown

By region

FY2025
Americas: 46.2%Rest of Europe: 27.1%Asia Pacific Middle East Africa: 26.8%46.2%Americas27.1%Rest of Europe26.8%Asia Pacific Middle East Africa
RegionRevenueShare of revenueChange on the year
Americas6.69B46.2%+11.6%
Rest of Europe3.93B27.1%-1.2%
Asia Pacific Middle East Africa3.88B26.8%—

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY20250.000.00
FY2024-28.58B-29.11B
FY20235.61B5.18B
FY2022-2.11B-2.45B
FY2021-2.95B-3.50B
FY202030.74B30.22B
FY2019-40.45B-40.78B
FY2018-54.17B-54.64B
FY201739.58B39.09B
FY201670.61B69.89B

Deutsche Bank Aktiengesellschaft financial health

Full balance sheet
Cash and short-term investments
376.41B EUR
Total debt
148.97B EUR
Net cash
227.44B EUR
Free cash flow (TTM)
0.00 EUR
Current ratio
0.40
Debt to equity
1.88
Piotroski score
3 / 9
Altman Z-score
-0.32

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025350.72B254.81B0.00
FY2024187.89B151.49B-29.11B
FY2023330.51B219.63B5.18B
FY2022296.41B195.47B-2.45B
FY2021315.94B210.30B-3.50B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY20251.44T1.35T78.64B
FY20241.39T1.31T77.83B
FY20231.31T1.24T73.05B
FY20221.34T1.26T70.54B
FY20211.32T1.26T66.33B
FY20201.33T1.26T60.61B
FY20191.30T1.24T56.00B
FY20181.35T1.28T67.17B
FY20171.47T1.41T67.85B
FY20161.59T1.53T64.50B

Deutsche Bank Aktiengesellschaft valuation

Price to earnings ratio (TTM)
11.38
Forward P/E (FY2026)
10.10
Price to sales (TTM)
1.15
Price to book
0.77
EV / EBITDA (TTM)
-16.08

Capital structure

Market capitalization
67.86B USD
+
Total debt
164.60B USD
−
Cash and short-term investments
415.92B USD
=
Enterprise value
-183.46B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2027 (est.)8.58————
FY2026 (est.)10.108.58———
Now (TTM)11.388.761.150.77-16.08
FY202510.3910.021.050.8215.16
FY202411.765.030.490.425.79
FY20235.925.060.430.3510.63
FY20224.455.950.600.324.22
FY202111.575.950.750.3510.02

Deutsche Bank Aktiengesellschaft against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Truist Financial, The PNC Financial Services Group, U.S. Bancorp, Fifth Third Bancorp, M&T Bank, and Huntington Bancshares, the US Banks - Regional companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median11.4
    3.617.0
  • Gross marginAt its median49.9%
    42.5%80.6%
    Against its peers: 7 of 7Peers' median 64.1%
  • Operating marginHighest in 5 years16.0%
    8.0%16.0%
    Against its peers: 7 of 7Peers' median 23.6%
  • Net marginAbove its median11.4%
    5.1%14.8%
    Against its peers: 7 of 7Peers' median 18.7%
  • Return on equityHighest in 5 years8.8%
    3.6%8.8%
    Against its peers: 6 of 7Peers' median 10.6%
  • Free cash flow marginAbove its median0.0%
    -43.9%8.7%
    Against its peers: 7 of 7Peers' median 18.7%
  • Revenue growthLowest in 5 years-8.3%
    -8.3%59.1%
    Against its peers: 7 of 7Peers' median 0.6%
  • EPS growthAt its median125.5%
    -32.5%1,242.0%
    Against its peers: 1 of 7Peers' median 15.0%
  • Debt to EBITDABelow its median26.21×
    25.94×62.04×
    Against its peers: 7 of 7Peers' median 5.90×
  • Current ratioAt its median0.50
    0.300.52
    Against its peers: 3 of 7Peers' median 0.29

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Deutsche Bank Aktiengesellschaft dividends

Annual dividend
1.17 USD
Dividend yield (indicated)
3.19%
Payout ratio
36.32%
Years of dividend growth
4
Frequency
Annual
Last payment
1.17 USD
Last ex-dividend date
29 May 2026
Last payment date
2 Jun 2026

Dividends per share

Year2025202420232022201920182017201520142013
Dividends per share0.770.490.330.210.120.130.210.740.870.83

Deutsche Bank Aktiengesellschaft ownership

Institutions
36.42%
Institutional holders
547 (+33)
Free float
91.02%

Who owns the shares

Institutions 36.4% Others 63.6%
As of 30 Jun 2026

Shares free to trade

Free float 1.69B shares ·91.0% Closely held 166.52M shares ·9.0%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q1 2026000.000.00

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20251.95B2.00B-2.03%
FY20241.99B2.04B-3.08%
FY20232.06B2.10B-1.02%
FY20222.08B2.13B-0.82%
FY20212.10B2.14B-1.24%

Common questions about Deutsche Bank Aktiengesellschaft's financials

Source: Financial Modeling Prep