Deutsche Bank
Market Cap
€18.4b
Last Updated
2021/01/23 20:20 UTC
Data Sources
Company Financials +
Executive Summary
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. More Details
Rewards
Risk Analysis
No risks detected for DBK from our risk checks.
Snowflake Analysis
Moderate growth potential with imperfect balance sheet.
Similar Companies
Share Price & News
How has Deutsche Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DBK is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DBK's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-7.6%
DBK
-1.0%
DE Capital Markets
1.6%
DE Market
1 Year Return
13.7%
DBK
7.8%
DE Capital Markets
3.6%
DE Market
Return vs Industry: DBK exceeded the German Capital Markets industry which returned 7.6% over the past year.
Return vs Market: DBK exceeded the German Market which returned 3.6% over the past year.
Shareholder returns
| DBK | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.6% | -1.0% | 1.6% |
| 30 Day | -0.9% | 2.0% | 3.7% |
| 90 Day | 9.6% | 6.8% | 12.0% |
| 1 Year | 13.7%13.7% | 9.3%7.8% | 7.0%3.6% |
| 3 Year | -41.5%-43.1% | -5.6%-10.0% | 5.8%-3.5% |
| 5 Year | -36.8%-45.7% | 15.3%-0.6% | 42.5%22.5% |
Long-Term Price Volatility Vs. Market
How volatile is Deutsche Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
A Look At Deutsche Bank's (ETR:DBK) Share Price Returns2 months ago | Simply Wall St
Deutsche Bank Aktiengesellschaft's (ETR:DBK) Path To Profitability3 months ago | Simply Wall St
How Does Deutsche Bank's (ETR:DBK) CEO Pay Compare With Company Performance?Valuation
Is Deutsche Bank undervalued compared to its fair value and its price relative to the market?
0.3x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DBK (€8.9) is trading above our estimate of fair value (€6.13)
Significantly Below Fair Value: DBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DBK is unprofitable, so we can't compare its PE Ratio to the DE Capital Markets industry average.
PE vs Market: DBK is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DBK is good value based on its PB Ratio (0.3x) compared to the DE Capital Markets industry average (1.2x).
Next Steps
Future Growth
How is Deutsche Bank forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
81.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DBK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.07%).
Earnings vs Market: DBK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DBK's is expected to become profitable in the next 3 years.
Revenue vs Market: DBK's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: DBK's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DBK's Return on Equity is forecast to be low in 3 years time (4.7%).
Next Steps
Past Performance
How has Deutsche Bank performed over the past 5 years?
12.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DBK is currently unprofitable.
Growing Profit Margin: DBK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DBK is unprofitable, but has reduced losses over the past 5 years at a rate of 12.9% per year.
Accelerating Growth: Unable to compare DBK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DBK is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (47.7%).
Return on Equity
High ROE: DBK has a negative Return on Equity (-1.75%), as it is currently unprofitable.
Next Steps
Financial Health
How is Deutsche Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: DBK's Assets to Equity ratio (22.3x) is very high.
Allowance for Bad Loans: DBK has a low allowance for bad loans (39%).
Low Risk Liabilities: 57% of DBK's liabilities are made up of primarily higher risk sources of funding.
Loan Level: DBK has an appropriate level of Loans to Assets ratio (31%).
Low Risk Deposits: DBK's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: DBK has a high level of bad loans (2.9%).
Next Steps
Dividend
What is Deutsche Bank current dividend yield, its reliability and sustainability?
1.12%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DBK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DBK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DBK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DBK is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DBK's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Christian Sewing (50 yo)
2.75yrs
Tenure
€6,040,750
Compensation
Mr. Christian Sewing has been Chairman of Management Board and CEO at Deutsche Bank Aktiengesellschaft since April 8, 2018 and as its Member of Management Board since January 01, 2015 respectively. Mr. Sew...
CEO Compensation Analysis
Compensation vs Market: Christian's total compensation ($USD7.35M) is above average for companies of similar size in the German market ($USD5.42M).
Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of Management Board | 2.75yrs | €6.04m | 0.0056% € 1.0m | |
| President & Deputy Chairman of the Executive Board | 2.75yrs | €5.26m | 0.00047% € 86.4k | |
| CFO & Member of Management Board | 3.75yrs | €5.63m | 0.0027% € 497.9k | |
| Chief Risk Officer & Member of Management Board | 8.58yrs | €4.93m | 0.0071% € 1.3m | |
| Chief Transformation Officer & Member of Management Board | 1.17yrs | €2.82m | 0.0024% € 448.3k | |
| Member of Management Board & Chief Administrative Officer | 0.42yr | €320.83k | no data | |
| COO & Member of the Management Board | 2.75yrs | €4.68m | 0.00075% € 137.8k | |
| CEO of Asia Pacific & Member of Management Board | 0.42yr | no data | no data | |
| Member of Management Board & Regional CEO of Americas | 1yr | no data | 0.0021% € 391.4k | |
| Chief Technology | 1yr | no data | 0.000070% € 12.9k | |
| Chief Accounting Officer & Global Head of Tax | 0.083yr | no data | no data | |
| Head of the Investment Bank & Head of Corporate Finance | 1.42yrs | no data | no data |
1.3yrs
Average Tenure
51yo
Average Age
Experienced Management: DBK's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Chief Country Officer of Deutsche Bank Russia | 3.58yrs | no data | no data | |
| Director | 0.17yr | no data | no data | |
| Director | 0.17yr | no data | no data | |
| Director | 0.17yr | no data | no data | |
| Director | 0.17yr | no data | no data | |
| Independent Supervisory Board Chairman | 8.67yrs | €900.00k | 0.0070% € 1.3m | |
| Member of Americas Advisory Board | no data | no data | no data | |
| Employee Representative Member of Supervisory Board | 17.58yrs | €300.00k | 0.000070% € 12.9k | |
| Employee Representative Member of Supervisory Board | 17.58yrs | €250.00k | 0.000070% € 12.9k | |
| Independent Member of Supervisory Board | 2.67yrs | €370.83k | 0.0033% € 602.7k | |
| Independent Member of Supervisory Board | 2.42yrs | €420.83k | no data | |
| Employee Representative Deputy Chairman of the Supervisory Board | 2.67yrs | €450.00k | 0.000030% € 5.5k |
2.7yrs
Average Tenure
63yo
Average Age
Experienced Board: DBK's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Deutsche Bank Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Deutsche Bank Aktiengesellschaft
- Ticker: DBK
- Exchange: XTRA
- Founded: 1870
- Industry: Diversified Capital Markets
- Sector: Diversified Financials
- Market Cap: €18.374b
- Shares outstanding: 2.06b
- Website: https://www.db.com
Number of Employees
Location
- Deutsche Bank Aktiengesellschaft
- Taunusanlage 12
- Frankfurt am Main
- Hessen
- 60325
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0H7D | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jan 1992 |
| DB N | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Jan 1992 |
| DBK | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Jan 1992 |
| DBK | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1992 |
| DBK | BIT (Borsa Italiana) | Yes | Common Shares | IT | EUR | Jan 1992 |
| DBK | XTRA (XETRA Trading Platform) | Yes | Common Shares | DE | EUR | Jan 1992 |
| DB | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jan 1992 |
| DEUTSCHEBANK | BUSE (Budapest Stock Exchange) | Yes | Common Shares | HU | HUF | Jan 1992 |
| DBKD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Jan 1992 |
| DBK | SEP (The Stock Exchange Prague Co. Ltd.) | Yes | Common Shares | CZ | CZK | Jan 1992 |
| DBAG34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REP 1 NPV(REGD) | BR | BRL | May 2019 |
Biography
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segmen...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 20:20 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.