Deutsche Bank Balance Sheet Health
Financial Health criteria checks 3/6
Deutsche Bank has total assets of €1,483.0B and total equity of €79.6B. Total deposits are €686.7B, and total loans are €479.7B earning a Net Interest Margin of 1.5%. It has insufficient allowance for bad loans, which are currently at 3.1% of total loans. Cash and short-term investments are €622.9B.
Key information
18.6x
Asset to equity ratio
1.5%
Net interest margin
| Total deposits | €686.66b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 3.1% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | €622.90b |
Recent financial health updates
No updates
Recent updates
Narrative Update • Apr 29
DBK: Share Buyback And €1 Dividend Will Support Future Upside
Analysts have trimmed their fair value estimate for Deutsche Bank from about €33.38 to €32.23. This reflects slightly lower assumptions for revenue growth, profit margins and future P/E levels.
Narrative Update • Apr 15
DBK: Share Buybacks And Dividend Policy Will Support Future Upside
Analysts keep their Deutsche Bank fair value target steady at €40.00, citing updated assumptions that combine a slightly higher revenue growth outlook with a lower profit margin and a modestly higher future P/E multiple. What's in the News The Board of Directors authorized a share buyback plan on January 29, 2026, signaling intent to return capital to shareholders within a defined framework (Key Developments).Narrative Update • Mar 31
DBK: Share Repurchases And €1 Dividend Will Support A Steady Outlook
Analysts have nudged their 12 month price target for Deutsche Bank slightly lower to about €33.38 from roughly €33.47, reflecting fine tuned assumptions around fair value, discount rate, revenue growth, profit margin and future P/E forecasts. What's in the News Deutsche Bank Aktiengesellschaft announced an annual dividend of €1.00 per share, with an ex date on May 29, 2026, a record date on June 01, 2026, and payment scheduled for June 02, 2026 (Key Developments).Narrative Update • Mar 17
DBK: Share Repurchases And Dividend Policy Will Support A Steady Outlook
Analysts have made a small trim to their Deutsche Bank price target, moving it from €33.65 to about €33.47. This reflects updated assumptions around slightly higher revenue growth, a marginally lower profit margin and an essentially unchanged future P/E and discount rate.Narrative Update • Mar 03
DBK: Share Buybacks And Capital Returns Will Support A Steady Outlook
Analysts have raised their price target on Deutsche Bank from €31.27 to €33.65, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the revision. What's in the News The Board of Directors of Deutsche Bank Aktiengesellschaft authorized a share buyback plan on January 29, 2026, signaling a planned return of capital to shareholders (Key Developments).Narrative Update • Feb 17
DBK: Rising Fair Value Will Be Supported By Dividend And Custody Services
Analysts have raised their price target on Deutsche Bank from €35.00 to €40.00, citing updated assumptions for revenue growth, profit margins and future P/E that result in a higher fair value estimate, despite a slightly higher discount rate. What's in the News Announced an annual dividend of €1.00 per share, with an ex-date on May 29, 2026, a record date on June 1, 2026, and a payment date on June 2, 2026 (Key Developments).Analysis Article • Feb 16
Deutsche Bank's (ETR:DBK) Upcoming Dividend Will Be Larger Than Last Year's
Deutsche Bank Aktiengesellschaft ( ETR:DBK ) will increase its dividend from last year's comparable payment on the 2nd...
Narrative Update • Feb 03
DBK: Future Margin Assumptions Will Underestimate Risk In Bitcoin Custody Expansion
Analysts have lifted their price target on Deutsche Bank to €19.30 from about €18.47, citing updated assumptions that combine a lower revenue growth outlook with slightly higher profit margin expectations and a modestly higher future P/E multiple. What's in the News Deutsche Bank Aktiengesellschaft announced an annual dividend of €1.00 per share, with an ex date on 29 May 2026, record date on 1 June 2026, and payment date on 2 June 2026.Analysis Article • Feb 01
Deutsche Bank's (ETR:DBK) Dividend Will Be Increased To €1.00
Deutsche Bank Aktiengesellschaft's ( ETR:DBK ) periodic dividend will be increasing on the 2nd of June to €1.00, with...Narrative Update • Jan 20
DBK: Future Share Buybacks And Bitcoin Custody Role Will Mask Margin Risks
Analysts have lifted their fair value estimate for Deutsche Bank from €15.42 to €18.47, citing updated assumptions for revenue growth, profit margins, and a higher forward P/E multiple. What's in the News Deutsche Bank was appointed depositary bank for the American Depositary Receipt program of Metaplanet Inc., a Japanese Bitcoin treasury company that uses Bitcoin as its core treasury reserve asset and raises capital through equity and fixed income offerings (Key Developments).Narrative Update • Jan 05
DBK: Share Buybacks And Crypto Partnerships Will Support A Steady Outlook
Analysts have kept their price target for Deutsche Bank steady at €31.27, reflecting unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Deutsche Bank was appointed depositary bank for the American Depositary Receipt program of Metaplanet Inc., a Japanese Bitcoin treasury company that uses Bitcoin as its core treasury reserve asset and raises capital through equity and fixed income offerings (Key Developments).Narrative Update • Dec 21
DBK: Buybacks And Digital Asset Partnerships Will Shape A Balanced Outlook
Analysts have trimmed their price target on Deutsche Bank slightly to reflect more conservative assumptions on revenue growth and profit margins, even as longer term valuation multiples remain largely unchanged. What's in the News Deutsche Bank reiterated earnings guidance for fiscal 2025, maintaining its revenue target of EUR 32 billion before FX effects.Narrative Update • Dec 07
DBK: Share Buybacks And Partnerships Will Shape A Balanced Earnings Outlook
Analysts have nudged their price target for Deutsche Bank slightly lower to approximately $31.27 from about $31.30, citing a modestly higher revenue growth outlook, which is offset by a marginally softer profit margin and a slightly reduced future valuation multiple. What's in the News Completed a €250 million share repurchase of 8,376,498 shares, representing 0.43 percent of share capital, under the buyback announced on October 1, 2025 (Key Developments) Board authorized a new buyback plan and separately announced a program to repurchase up to 30,000,000 shares for €250 million, valid until November 16, 2025 (Key Developments) Reiterated confidence in achieving its 2025 revenue target of €32 billion before FX effects, supported by a strong start to the third quarter of 2025 (Key Developments) Formed a strategic corporate banking partnership with digital asset platform Bullish to provide fiat deposit and withdrawal services, real time reporting APIs, and virtual accounts across key regulated markets (Key Developments) Launched an evergreen private markets fund for qualified private clients in Europe and Switzerland in collaboration with DWS and Partners Group, aiming to broaden access to diversified private market investments (Key Developments) Valuation Changes Fair Value Estimate: edged down slightly to approximately €31.27 from about €31.30 per share.Narrative Update • Nov 23
DBK: Banking Partnerships And Asset Sales Will Influence Earnings Outlook
Analysts have slightly reduced their price target for Deutsche Bank from €31.80 to €31.30. They cite improved revenue growth and profit margins, but note that a lower future price-to-earnings ratio has driven the modest adjustment.Narrative Update • Nov 07
DBK: Revenue Momentum And Banking Partnerships Will Support Earnings Confidence
Analysts have raised Deutsche Bank's price target from €30.44 to €31.80. They cite expectations of stronger revenue growth and improving profit margins.Narrative Update • Oct 24
Fiscal Strength And Digital Expansion Will Drive Opportunity Next Year
Narrative Update: Deutsche Bank Analyst Price Target Raised Deutsche Bank's analyst price target has increased from $28.88 to $30.44. Analysts cite shifts in valuation assumptions as the primary rationale for this adjustment.Narrative Update • Oct 10
German Fiscal Stimulus And Digitalization Will Unlock Value
Deutsche Bank's analyst price target has increased modestly from $28.57 to $28.88. This change reflects analysts' reassessment of the bank's valuation metrics and updated forecasts.Narrative Update • Sep 26
German Fiscal Stimulus And Digitalization Will Unlock Value
Deutsche Bank’s consensus price target was marginally increased, driven primarily by a slight improvement in revenue growth forecasts, raising the fair value estimate from €28.23 to €28.57. What's in the News Deutsche Bank launched an evergreen-format private markets fund for qualified private clients in collaboration with DWS and Partners Group, providing simplified access to private markets under ELTIF 2.0 regulations across the EEA and Switzerland.Narrative Update • Sep 11
German Fiscal Stimulus And Digitalization Will Unlock Value
Deutsche Bank’s consensus valuation metrics, including future P/E and revenue growth forecasts, have seen minimal change, resulting in only a slight upward revision of the analyst price target from €27.95 to €28.23. What's in the News Deutsche Bank is exploring the sale of its Indian retail banking assets, inviting bids for its 17-branch business as part of a broader effort to improve retail profitability and reduce retail headcount by nearly 2,000.Analysis Article • Aug 31
Should You Be Adding Deutsche Bank (ETR:DBK) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Narrative Update • Aug 27
German Fiscal Stimulus And Digitalization Will Unlock Value
The modest upward revision in Deutsche Bank's consensus price target reflects a slightly higher future P/E multiple while revenue growth forecasts remain steady, resulting in an increased fair value estimate of €27.74. What's in the News Deutsche Bank reiterated its earnings guidance for 2025, expecting revenue of EUR 32 billion.Analysis Article • May 20
Deutsche Bank's (ETR:DBK) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Deutsche Bank Aktiengesellschaft ( ETR:DBK ) has announced that it will be paying its dividend of €0.68 on...Analysis Article • May 15
It Looks Like Shareholders Would Probably Approve Deutsche Bank Aktiengesellschaft's (ETR:DBK) CEO Compensation Package
Key Insights Deutsche Bank's Annual General Meeting to take place on 22nd of May Salary of €3.75m is part of CEO...
New Narrative • Nov 07
Global Hausbank Strategy Propels Growth Amidst Legal And Regulatory Challenges
The Global Hausbank strategy could enhance revenue growth and net margins through cost discipline and business momentum.Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: DBK's Assets to Equity ratio (18.6x) is moderate.
Allowance for Bad Loans: DBK has a low allowance for bad loans (42%).
Low Risk Liabilities: 51% 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 (32%).
Low Risk Deposits: DBK's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: DBK has a high level of bad loans (3.1%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 06:18 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
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Industry and Sector Metrics
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Analyst Sources
Deutsche Bank Aktiengesellschaft is covered by 32 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jesús Gómez Dominguez | Banco Santander |
| Flora Benhakoun Bocahut | Barclays |
| Roberto de Aguiar Attuch | Barclays |