DB · NYSE · Banks - Regional

Deutsche Bank (DB)

Connects European banking clients with global markets across four client divisions.

$37.60
After hours+0.05 (+0.12%)
At close$37.56(−1.82%)
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Deutsche Bank AGDB
Financial sector

Combines Corporate Bank, Investment Bank, Private Bank and DWS-led Asset Management, earning across transaction banking, markets, advisory, retail, wealth and funds. Its German and European base is connected to international markets through a regulated network whose performance depends on client activity, credit conditions, funding and control execution.

Provides corporate and transaction banking, fixed-income and currency markets, investment-banking advice, private banking, and asset management through four client divisions. Corporate Bank serves companies and financial institutions; Investment Bank covers markets and capital-markets work; Private Bank spans retail and wealth management; Asset Management operates through majority-owned DWS.

Connects a German and European client base with international markets, while bringing global clients into Europe. The Global Hausbank model coordinates relationships across divisions and relies on shared technology, data, capital allocation, and local expertise.

Revenue is spread across banking, markets, wealth and asset-management activities, with Investment Bank the largest division by recent segment revenue. Earnings remain tied to rates, deposit pricing, credit performance, client activity and market volumes. Operations also depend on capital, liquidity, sanctions, AML/KYC and conduct controls across jurisdictions; control remediation and regulatory review remain ongoing obligations.

Company facts

CEOChristian Sewing
ListedOct 3, 2001
ExchangeNYSE
HeadquartersFrankfurt am Main, Germany
CountryGermany
Employees89,879
CIK0001159508
ISINDE0005140008

Market cap$71.87B
EPS (ttm)$3.84
P/E (ttm)9.96
ROE9.6%
P/B0.9150
P/S1.18
Dividend yieldDiv yield6.14%
Beta1.63vs XLF 0.46

Price target$43.00+14.1%Average of 33 analysts
ConsensusHold19 of 33 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 1, 2026Goldman SachsUpgrade
Rating: Neutral
Rating: Buy
Jul 7, 2026Deutsche BankTarget
Target: $29
Target: $43
Apr 20, 2026BarclaysDowngrade
Rating: Overweight
Rating: Equal Weight
Apr 9, 2026CitigroupUpgrade
Rating: Sell
Rating: Neutral
Aug 27, 2025Goldman SachsDowngrade
Rating: Buy
Rating: Neutral

Next report
Oct 28, 26
in 36 days
EPS estimate
$0.98
Revenue estimate
$9.42B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.16$1.04$0.54$0.97$0.88$1.24$0.66Pending
Estimate$0.41$0.92$0.78$0.85$0.72$1.15$0.91$0.98
Surprise−61.0%+13.2%−30.8%+14.5%+22.2%+7.8%−27.5%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$7.48B$8.54B$7.82B$8.02B$9.07B$10.02B$9.68BPending
Estimate$7.45B$9.00B$9.11B$8.81B$9.04B$9.85B$9.30B$9.42B
Surprise+0.3%−5.1%−14.2%−8.9%+0.4%+1.7%+4.2%
Estimate$0.98
ReportedDue Oct 28, 2026
Estimate$9.42B
ReportedDue Oct 28, 2026
View details

Debt to equity222.00%
Current ratio462.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$19.00B$17.49B$18.75B$17.21B$17.27B$8.85B$17.51B$17.26B
Net income$1.87B$347.0M$2.25B$1.93B$2.03B$1.72B$2.43B$2.12B
Net margin9.8%2.0%12.0%11.2%11.8%19.5%13.9%12.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$2.59B$666.6M$3.25B$2.77B$2.80B$2.32B$3.48B$3.07B
YoY growth+31.3%−16.6%+39.3%+489.1%+8.1%+248.3%+7.2%+10.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $150.84B · Total debt $174.20B · Total assets $1.75T · Shareholders' equity $78.47B

Revenue
$17.26B
Operating income
$3.07B
Net income
$2.12B

Reported in EUR, converted at the latest exchange rate

View details

Dividend yield
6.14%
Next ex-date
Dec 1, 26
estimated · in 70 days
Annual dividend
$2.35
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

May '22May '23May '24May '25May '26Jun '26
Dividend$0.212$0.325$0.4891$0.7718$1.1678$1.1813
Annual yield2.14%3.07%2.86%2.83%3.62%3.67%
Ex-dateMay 20May 18May 17May 23May 29Jun 1
Payment dateMay 24May 22May 21May 27Jun 2Jun 2
View details

Institutions36.90%702.10M ADS
545 holders · as of Jun 30, 2026
Insiders0.00%6.5K ADS
1 holder · as of Mar 17, 2026
Other63.10%1.20B ADS
remainder

1.90B ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Capital International InvestorsInstitution
5.10%97.02Mfiled Aug 13, 2025
Deutsche Bank AG\Institution
4.03%76.74M ADSas of Jun 30, 2026
AmundiInstitution
3.07%58.37M ADSas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
2.84%53.99M ADSas of Jun 30, 2026
Fisher Asset Management, LLCInstitution
1.56%29.70M ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • JPMorgan Chase

    Broad overlap in investment banking, payments, wealth and asset management

  • UBS (ADR)

    European rival across wealth, markets, investment and asset management

  • Barclays (ADR)

    Direct rival in global markets, investment banking and transaction banking

  • HSBC (ADR)

    Cross-border rival in transaction banking, markets, wealth and asset management

  • Goldman Sachs

    Markets and advisory rival with private wealth and asset-management overlap

CompareAfter hours

CompanyPriceChange
Deutsche Bank$37.60+0.12%$71.87B10.08.41.2+23.8%
JPMorgan Chase$340.60+0.16%$943.29B15.214.13.2+27.8%
UBS (ADR)$49.47+0.57%$167.36B18.012.32.2+15.6%
Barclays (ADR)$24.98+0.10%$85.30B9.85.71.6−55.9%
HSBC (ADR)$101.590.00%$354.70B14.911.72.6+32.2%
Goldman Sachs$950.00+0.02%$283.03B14.813.72.4+39.5%
Median14.912.32.4+27.8%