Deutsche Bank
BUSE:DEUTSCHEBANK
DEUTSCHEBANK
BUSE
€13B
Market Cap
Company description
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. The last earnings update was 61 days ago. More info.
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DEUTSCHEBANK Share Price and Events
7 Day Returns
0%
BUSE:DEUTSCHEBANK
-1.2%
Europe Capital Markets
-2.3%
HU Market
1 Year Returns
-29.9%
BUSE:DEUTSCHEBANK
-13.6%
Europe Capital Markets
10.5%
HU Market
DEUTSCHEBANK Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Deutsche Bank (DEUTSCHEBANK) | 0% | -0.1% | -10% | -29.9% | -47.7% | -73.7% |
| Europe Capital Markets | -1.2% | -2.4% | 0.5% | -13.6% | 10.7% | -21.8% |
| HU Market | -2.3% | -2.3% | -5.8% | 10.5% | 48.4% | 103.1% |
1 Year Return vs Industry and Market
- DEUTSCHEBANK underperformed the Capital Markets industry which returned -13.6% over the past year.
- DEUTSCHEBANK underperformed the Market in Hungary which returned 10.5% over the past year.
Value
Is Deutsche Bank undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Deutsche Bank. This is due to cash flow or dividend data being unavailable. The share price is HUF2090.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Deutsche Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Deutsche Bank's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in EUR | €0.02 |
| DB:DBK Share Price ** | DB (2019-06-26) in EUR | €6.5 |
| Europe Capital Markets Industry PE Ratio | Median Figure of 128 Publicly-Listed Capital Markets Companies | 16.77x |
| Hungary Market PE Ratio | Median Figure of 25 Publicly-Listed Companies | 11.69x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Deutsche Bank.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = DB:DBK Share Price ÷ EPS (both in EUR) = 6.5 ÷ 0.02 |
414.01x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Deutsche Bank is overvalued based on earnings compared to the Europe Capital Markets industry average.
- Deutsche Bank is overvalued based on earnings compared to the Hungary market.
Price based on expected Growth
Does
Deutsche Bank's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 414.01x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts |
52.5%per year |
| Europe Capital Markets Industry PEG Ratio | Median Figure of 59 Publicly-Listed Capital Markets Companies | 1.39x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 414.01x ÷ 52.5% |
7.88x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Deutsche Bank is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Deutsche Bank's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in EUR | €32.76 |
| DB:DBK Share Price * | DB (2019-06-26) in EUR | €6.5 |
| Europe Capital Markets Industry PB Ratio | Median Figure of 217 Publicly-Listed Capital Markets Companies | 1.34x |
| Hungary Market PB Ratio | Median Figure of 28 Publicly-Listed Companies | 1.82x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = DB:DBK Share Price ÷ Book Value per Share (both in EUR) = 6.5 ÷ 32.76 |
0.2x |
* Primary Listing of Deutsche Bank.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Deutsche Bank is good value based on assets compared to the Europe Capital Markets industry average.
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Value checks
We assess Deutsche Bank's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) Deutsche Bank has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
52.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Deutsche Bank
expected to grow at an
attractive
rate?
- Deutsche Bank's earnings growth is expected to exceed the low risk savings rate of 3%.
Growth vs Market Checks
- Deutsche Bank's earnings growth is expected to exceed the Hungary market average.
- Deutsche Bank's revenue growth is positive but not above the Hungary market average.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| BUSE:DEUTSCHEBANK Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts | 52.5% |
| BUSE:DEUTSCHEBANK Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts | 1.9% |
| Europe Capital Markets Industry Earnings Growth Rate | Market Cap Weighted Average | 14.5% |
| Europe Capital Markets Industry Revenue Growth Rate | Market Cap Weighted Average | 4.9% |
| Hungary Market Earnings Growth Rate | Market Cap Weighted Average | 5% |
| Hungary Market Revenue Growth Rate | Market Cap Weighted Average | 4.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
Raw Data
All numbers in EUR Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 25,503 | 2,108 | 13 | |
| 2020-12-31 | 25,062 | 1,469 | 17 | |
| 2019-12-31 | 24,569 | 951 | 16 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 24,154 | 33 | |
| 2018-12-31 | 24,832 | -37,303 | -25 |
| 2018-09-30 | 25,060 | -4,578 | -2,025 |
| 2018-06-30 | 25,567 | -18,446 | -1,589 |
| 2018-03-31 | 25,602 | 8,118 | -1,500 |
| 2017-12-31 | 25,926 | 4,975 | -1,049 |
| 2017-09-30 | 27,000 | 44,210 | -514 |
| 2017-06-30 | 27,575 | 65,447 | -905 |
| 2017-03-31 | 28,161 | 53,692 | -1,321 |
| 2016-12-31 | 28,629 | 85,847 | -1,678 |
| 2016-09-30 | 28,096 | 56,582 | -1,908 |
| 2016-06-30 | 28,052 | 99,204 | -8,177 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
All data from Deutsche Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 0.92 | 1.24 | 0.38 | 13.00 |
| 2020-12-31 | 0.67 | 0.91 | 0.42 | 16.00 |
| 2019-12-31 | 0.45 | 0.58 | 0.24 | 15.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2019-03-31 | 0.02 |
| 2018-12-31 | -0.01 |
| 2018-09-30 | -0.96 |
| 2018-06-30 | -0.76 |
| 2018-03-31 | -0.70 |
| 2017-12-31 | -0.53 |
| 2017-09-30 | -0.26 |
| 2017-06-30 | -0.51 |
| 2017-03-31 | -0.85 |
| 2016-12-31 | -1.08 |
| 2016-09-30 | -1.38 |
| 2016-06-30 | -5.90 |
*GAAP earnings excluding extraordinary items.
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Deutsche Bank has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Future performance checks
We assess Deutsche Bank's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Deutsche Bank has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Deutsche Bank performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Below we compare
Deutsche Bank's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it
has maintained that growth in the year.
- Deutsche Bank's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Deutsche Bank has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Deutsche Bank has become profitable in the last year making it difficult to compare the Europe Capital Markets industry average.
Earnings and Revenue History
Deutsche Bank's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
Raw Data
All data from Deutsche Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 24,154.00 | 33.00 | 22,223.00 | |
| 2018-12-31 | 24,832.00 | -25.00 | 22,745.00 | |
| 2018-09-30 | 25,060.00 | -2,025.00 | 23,826.00 | |
| 2018-06-30 | 25,567.00 | -1,589.00 | 23,870.00 | |
| 2018-03-31 | 25,602.00 | -1,500.00 | 23,908.00 | |
| 2017-12-31 | 25,926.00 | -1,049.00 | 23,829.00 | |
| 2017-09-30 | 27,000.00 | -514.00 | 23,477.00 | |
| 2017-06-30 | 27,575.00 | -905.00 | 23,829.00 | |
| 2017-03-31 | 28,161.00 | -1,321.00 | 24,218.00 | |
| 2016-12-31 | 28,629.00 | -1,678.00 | 24,734.00 | |
| 2016-09-30 | 28,096.00 | -1,908.00 | 25,390.00 | |
| 2016-06-30 | 28,052.00 | -8,177.00 | 25,778.00 | |
| 2016-03-31 | 29,953.00 | -7,352.00 | 26,273.00 | |
| 2015-12-31 | 32,348.00 | -7,022.00 | 26,707.00 | |
| 2015-09-30 | 34,114.00 | -4,464.00 | 25,968.00 | |
| 2015-06-30 | 34,588.00 | 1,455.00 | 26,042.00 | |
| 2015-03-31 | 33,170.00 | 1,124.00 | 25,574.00 | |
| 2014-12-31 | 30,815.00 | 1,663.00 | 25,566.00 | |
| 2014-09-30 | 29,195.00 | -135.00 | 24,874.00 | |
| 2014-06-30 | 28,831.00 | 0.00 | 24,380.00 | |
| 2014-03-31 | 28,964.00 | 98.00 | 24,427.00 | |
| 2013-12-31 | 29,849.00 | 666.00 | 24,455.00 | |
| 2013-09-30 | 31,447.00 | -503.00 | 24,751.00 | |
| 2013-06-30 | 32,309.00 | 204.00 | 24,679.00 | |
| 2013-03-31 | 32,169.00 | 526.00 | 25,389.00 | |
| 2012-12-31 | 32,020.00 | 237.00 | 25,917.00 | |
| 2012-09-30 | 30,935.00 | 2,939.00 | 24,434.00 | |
| 2012-06-30 | 29,694.00 | 2,916.00 | 24,672.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Deutsche Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Deutsche Bank used its assets less efficiently than the Europe Capital Markets industry average last year based on Return on Assets.
- Unable to establish if Deutsche Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Deutsche Bank has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Past performance checks
We assess Deutsche Bank's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Deutsche Bank has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Deutsche Bank's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Deutsche Bank's finances.
The net worth of a company is the difference between its assets and liabilities.
- Deutsche Bank's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Deutsche Bank's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Deutsche Bank's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data
All data from Deutsche Bank Company Filings, last reported 2 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 69,194.00 | 556,055.00 | 694,622.00 |
| 2018-12-31 | 68,738.00 | 530,983.00 | 729,361.00 |
| 2018-09-30 | 68,787.00 | 544,312.00 | 746,476.00 |
| 2018-06-30 | 68,861.00 | 570,148.00 | 780,975.00 |
| 2018-03-31 | 68,025.00 | 577,578.00 | 832,276.00 |
| 2017-12-31 | 68,099.00 | 611,421.00 | 853,229.00 |
| 2017-09-30 | 70,610.00 | 600,164.00 | 853,878.00 |
| 2017-06-30 | 71,210.00 | 649,354.00 | 890,626.00 |
| 2017-03-31 | 64,852.00 | 683,162.00 | 881,638.00 |
| 2016-12-31 | 64,819.00 | 746,089.00 | 920,361.00 |
| 2016-09-30 | 66,727.00 | 789,082.00 | 935,098.00 |
| 2016-06-30 | 66,809.00 | 921,917.00 | 1,085,811.00 |
| 2016-03-31 | 66,548.00 | 813,170.00 | 965,923.00 |
| 2015-12-31 | 67,624.00 | 742,621.00 | 907,391.00 |
| 2015-09-30 | 68,879.00 | 786,525.00 | 966,884.00 |
| 2015-06-30 | 75,736.00 | 759,338.00 | 937,360.00 |
| 2015-03-31 | 77,931.00 | 983,388.00 | 1,158,267.00 |
| 2014-12-31 | 73,223.00 | 852,838.00 | 975,497.00 |
| 2014-09-30 | 70,107.00 | 805,749.00 | 969,556.00 |
| 2014-06-30 | 68,402.00 | 786,316.00 | 953,397.00 |
| 2014-03-31 | 56,017.00 | 770,872.00 | 927,602.00 |
| 2013-12-31 | 54,967.00 | 787,065.00 | 969,506.00 |
| 2013-09-30 | 56,765.00 | 876,964.00 | 1,076,132.00 |
| 2013-06-30 | 57,735.00 | 960,347.00 | 1,169,396.00 |
| 2013-03-31 | 56,078.00 | 1,067,485.00 | 1,290,199.00 |
| 2012-12-31 | 54,410.00 | 1,126,130.00 | 1,341,092.00 |
| 2012-09-30 | 57,408.00 | 1,201,238.00 | 1,423,840.00 |
| 2012-06-30 | 56,358.00 | 1,243,939.00 | 1,460,228.00 |
- Deutsche Bank's level of debt (803.6%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (1373.1% vs 803.6% today).
- Operating cash flow is negative therefore debt is not well covered.
- Unable to confirm if the interest payments on Deutsche Bank's debt are well covered by earnings due to lack of past financial data.
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Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Deutsche Bank's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Deutsche Bank has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Deutsche Bank's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
1.69%
Current annual income from
Deutsche Bank
dividends.
Estimated to be
3.16%
next year.
If you bought
HUF2,000 of
Deutsche Bank
shares you are expected to receive
HUF34
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Deutsche Bank's pays a lower dividend yield than the bottom 25% of dividend payers in Hungary (2.28%).
- Deutsche Bank's dividend is below the markets top 25% of dividend payers in Hungary (5.67%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
| Europe Capital Markets Industry Average Dividend Yield | Market Cap Weighted Average of 107 Stocks | 3.8% |
| Hungary Market Average Dividend Yield | Market Cap Weighted Average of 14 Stocks | 3% |
| Hungary Minimum Threshold Dividend Yield | 10th Percentile | 1.9% |
| Hungary Bottom 25% Dividend Yield | 25th Percentile | 2.3% |
| Hungary Top 25% Dividend Yield | 75th Percentile | 5.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.30 | 13.00 |
| 2020-12-31 | 0.20 | 20.00 |
| 2019-12-31 | 0.13 | 17.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-22 | 0.110 | 1.605 |
| 2018-03-16 | 0.110 | 1.195 |
| 2017-03-20 | 0.110 | 0.732 |
| 2017-02-02 | 0.000 | 0.000 |
| 2016-10-27 | 0.000 | 0.000 |
| 2016-07-27 | 0.000 | 0.000 |
| 2016-04-28 | 0.000 | 0.000 |
| 2016-04-07 | 0.000 | 0.000 |
| 2016-03-11 | 0.000 | 0.000 |
| 2015-03-20 | 0.750 | 3.113 |
| 2014-03-20 | 0.750 | 2.764 |
| 2013-03-21 | 0.750 | 2.182 |
| 2012-07-31 | 0.750 | 2.303 |
| 2012-03-20 | 0.750 | 2.521 |
| 2012-02-03 | 0.750 | 2.146 |
| 2011-11-03 | 0.750 | 2.594 |
| 2011-11-02 | 0.750 | 2.588 |
| 2011-05-13 | 0.750 | 2.360 |
| 2011-05-05 | 0.750 | 1.764 |
| 2011-03-22 | 0.750 | 1.788 |
| 2011-03-15 | 0.750 | 1.841 |
| 2011-02-03 | 0.750 | 1.647 |
| 2011-01-13 | 0.750 | 1.717 |
| 2010-03-16 | 0.750 | 1.621 |
| 2010-01-04 | 0.750 | 1.569 |
| 2009-01-30 | 0.500 | 1.285 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Deutsche Bank is not paying a notable dividend for Hungary, therefore no need to check if the payments are stable.
- Deutsche Bank is not paying a notable dividend for Hungary, therefore no need to check if the payments are increasing.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Deutsche Bank's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.9%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Deutsche Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Deutsche Bank has a total score of 1/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
CEO
Christian
Sewing
| COMPENSATION | €4,262,666 |
| AGE | 48 |
| TENURE AS CEO | 1.2 years |
CEO Bio
Mr. Christian Sewing has been Chairman of Management Board of Deutsche Bank Aktiengesellschaft since January 01, 2015 and as its CEO since April 8, 2018 respectively. Mr. Sewing serves as Chairman of Supervisory board at DB Privat- und Firmenkundenbank AG, formerly known as Deutsche Bank Privat- und Geschäftskunden AG since June 11, 2015. Mr. Sewing served as President of Deutsche Bank Aktiengesellschaft from March 5, 2017 to April 8, 2018. Mr. Sewing served as Co-Head of Private and Commercial Banking at Deutsche Bank Aktiengesellschaft until April 8, 2018. Mr. Sewing served as Deputy Chief Executive Officer at Deutsche Bank AG since March 13, 2017. Mr. Sewing served as Head of Private, Wealth and Commercial Clients at Deutsche Bank AG since January 2016. Mr. Sewing was Global Head of Group Audit and held a number of positions before that in Risk, including Deputy Chief Risk Officer (from 2012 to 2013) and Chief Credit Officer (from 2010 to 2012) of Deutsche Bank. Mr. Sewing's initial focus was on integrating ORM more closely with other functions within Deutsche Bank AG and preparing the implementation of the new Capital Accord (Basel II) for ORM. He served as a Member of the Management Board of Deutsche Genossenschafts Hypothekenbank AG from March 1, 2005 to March 8, 2007. He joined Deutsche Bank AG in 1989 and has worked within Deutsche Bank AG's Global Banking Division in Hamburg and Corporate Finance in Toronto. He has been a Member of Supervisory Board at Deutsche Postbank AG since May 9, 2012. He served as a Member of Supervisory Board at BHF-Bank Aktiengesellschaft until March 26, 2014. Mr. Sewing served as a Member of the Supervisory Board at Düsseldorfer Hypothekenbank AG until December 7, 2010. He completed a bank apprenticeship at Deutsche Bank in 1989. Mr. Sewing received a Diploma from the Bankakademie Bielefeld and Hamburg.
CEO Compensation
- Christian's compensation has increased in line with Deutsche Bank recently becoming profitable.
- Insufficient data for Christian to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure
Average tenure and age of the Deutsche Bank management team in years:
1.8
Average Tenure
51
Average Age
- The average tenure for the Deutsche Bank management team is less than 2 years, this suggests a new team.
Management Team
Christian Sewing
TITLE
CEO & Chairman of Management Board
COMPENSATION
€4M
AGE
48
TENURE
1.2 yrs
Karl von Rohr
TITLE
Deputy CEO
COMPENSATION
€4M
AGE
53
TENURE
1.2 yrs
Garth Ritchie
TITLE
Deputy CEO
COMPENSATION
€7M
AGE
50
TENURE
1.2 yrs
James von Moltke
TITLE
CFO & Member of Management Board
COMPENSATION
€5M
AGE
49
TENURE
2.2 yrs
Stuart Lewis
TITLE
Chief Risk Officer & Member of Management Board
COMPENSATION
€5M
AGE
53
TENURE
7 yrs
Sylvie Matherat
TITLE
Chief Regulatory Officer & Member of Management Board
COMPENSATION
€3M
AGE
56
TENURE
3.6 yrs
Frank Strauß
TITLE
Head of Private & Commercial Bank & Member of the Management Board
COMPENSATION
€3M
AGE
48
TENURE
1.8 yrs
Werner Steinmüller
TITLE
Regional CEO of Asia Pacific & Member of Management Board
AGE
64
TENURE
2.8 yrs
Frank Kunke
TITLE
COO & Member of the Management Board
AGE
51
TENURE
1.2 yrs
Andreas Loetscher
TITLE
Chief Accounting Officer
Board of Directors Tenure
Average tenure and age of the Deutsche Bank board of directors in years:
4.5
Average Tenure
61
Average Age
- The tenure for the Deutsche Bank board of directors is about average.
Board of Directors
Paul M. Achleitner
TITLE
Supervisory Board Chairman
AGE
62
TENURE
7.1 yrs
Detlef Polaschek
TITLE
Deputy Chairman of the Supervisory Board
AGE
58
TENURE
1.1 yrs
Borislav Ivanov-Blankenburg
TITLE
Chairman & Chief Country Officer of Deutsche Bank Russia
TENURE
2 yrs
Mayree Clark
TITLE
Member of Supervisory Board
AGE
61
TENURE
1.1 yrs
Norbert Winkeljohann
TITLE
Member of Supervisory Board
AGE
61
TENURE
0.8 yrs
Gabriele Platscher
TITLE
Employee Representative Member of Supervisory Board
AGE
61
TENURE
16 yrs
Henriette Mark
TITLE
Employee Representative Member of Supervisory Board
AGE
61
TENURE
16 yrs
Ben Griswold
TITLE
Member of Americas Advisory Board
AGE
77
Lynn Martin
TITLE
Member of Americas Advisory Board
AGE
78
TENURE
11.4 yrs
Tony Deering
TITLE
Member of Americas Advisory Board
AGE
73
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (HUF) | Value (HUF) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 28. Mar 19 | Sell | C-Quadrat Special Situations Dedicated Fund | Company | 25. Mar 19 | 27. Mar 19 | -5,896,503 | HUF5,364.82 | HUF-31,552,923,044 | ||
| 15. Mar 19 | Sell | C-Quadrat Special Situations Dedicated Fund | Company | 04. Mar 19 | 15. Mar 19 | -25,433,230 | HUF4,635.75 | HUF-106,233,843,176 | ||
| 15. Feb 19 | Sell | C-Quadrat Special Situations Dedicated Fund | Company | 28. Jan 19 | 15. Feb 19 | -26,751,466 | HUF4,715.58 | HUF-102,603,160,550 | ||
X
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Management checks
We assess Deutsche Bank's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Deutsche Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Company Info
Description
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Asset Management. The CIB segment offers financial market products, such as bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, and structured products. This segment also offers commercial banking, mergers and acquisitions, debt and equity advisory and origination, and cash management services; and trade finance and securities services. The PCB segment offers payment and account services, and credit and deposit products, as well as investment advice and digital services. This segment also provides wealth management solutions and private banking services, including discretionary portfolio management and traditional and alternative investment solutions. The Asset Management segment invests in equities, fixed income, liquidity, real estate, infrastructure, private equity, and sustainable investments; and delivers alpha and beta solutions. As of December 31, 2018, the company operated 2,064 branches in 59 countries. Deutsche Bank Aktiengesellschaft was founded in 1870 and is headquartered in Frankfurt am Main, Germany.
Details
| Name: | Deutsche Bank Aktiengesellschaft |
| DEUTSCHEBANK | |
| Exchange: | BUSE |
| Founded: | 1870 |
| €4,195,142,356,057 | |
| 2,064,934,401 | |
| Website: | http://www.db.com |
| Address: |
Deutsche Bank Aktiengesellschaft Taunusanlage 12, Frankfurt am Main, Hessen, 60325, Germany |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| DB | DBK | Common Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| NYSE | DB | Common Shares | New York Stock Exchange | US | USD | 02. Jan 1992 | |
| XTRA | DBK | Common Shares | XETRA Trading Platform | DE | EUR | 02. Jan 1992 | |
| LSE | 0H7D | Common Shares | London Stock Exchange | GB | EUR | 02. Jan 1992 | |
| SWX | DBK | Common Shares | SIX Swiss Exchange | CH | CHF | 02. Jan 1992 | |
| BIT | DBK | Common Shares | Borsa Italiana | IT | EUR | 02. Jan 1992 | |
| WBAG | DBK | Common Shares | Wiener Boerse AG | AT | EUR | 02. Jan 1992 | |
| SEP | DBK | Common Shares | The Stock Exchange Prague Co. Ltd. | CZ | CZK | 02. Jan 1992 | |
| BUSE | DEUTSCHEBANK | Common Shares | Budapest Stock Exchange | HU | HUF | 02. Jan 1992 | |
| BMV | DB N | Common Shares | Bolsa Mexicana de Valores | MX | MXN | 02. Jan 1992 | |
| BATS-CHIXE | DBKD | Common Shares | BATS 'Chi-X Europe' | GB | EUR | 02. Jan 1992 | |
| BOVESPA | DBAG34 | BDR EACH REP 1 NPV(REGD) | Bolsa de Valores de Sao Paulo | BR | BRL | 17. May 2019 |
Number of employees
Current staff
91,463
Deutsche Bank
employees.
Industry
| Diversified Capital Markets | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/06/26 21:24 |
| End of day share price update: | 2019/06/26 00:00 |
| Last estimates confirmation: | 2019/06/25 |
| Last earnings filing: | 2019/04/26 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
