The earnings call reflects a year of strategic achievements, including surpassing revenue targets and a strong capital position. However, significant litigation costs and challenges in the Private Bank's profitability remain notable concerns.

Company Guidance

During the Q4 2024 analyst conference call, Deutsche Bank's CEO Christian Sewing provided guidance for the upcoming year, highlighting key financial metrics and strategic initiatives. The bank reported a 19% increase in pre-provision profit compared to 2023, adjusted for specific items, and delivered revenue of over €30 billion. The cost-income ratio is expected to be below 65% by the end of 2025, supported by a €2 billion year-on-year revenue increase while keeping adjusted costs flat. The bank announced a €750 million share buyback program and a dividend of $0.68 per share, totaling €2.1 billion in capital distributions for 2024. The CET1 ratio stood at 13.8%, and the bank is on track to surpass its €8 billion total shareholder distribution target. Looking ahead, the bank aims for a return on tangible equity above 10% in 2025, driven by continued revenue growth, cost management, and strategic capital allocation.

Record Revenue Achievement

The company delivered revenue of over €30 billion, surpassing initial targets set for 2025. Revenues grew by 4% year-over-year, supported by diversified revenue streams across Corporate Bank, Private Bank, Asset Management, and FIC financing.

Shareholder Returns Commitment

Announced a €750 million share buyback program and a dividend per share of $0.68 for 2024, leading to a total of €2.1 billion in capital distributions.

Pre-Provision Profit Increase

2024 pre-provision profit increased by 19% compared to 2023, adjusted for certain litigation and impairment items.

Asset Management Milestone

Assets under management grew to over €1 trillion, driven by net inflows of €42 billion into passive investments.

Strong Capital Position

The CET1 ratio remained robust at 13.8% despite absorbing significant litigation expenses.

---

Deutsche Bank AG (DE:DBK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:DBK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 29, 2025	2025 (Q1)	0.89 / -	0.69	―	―	―
Jan 30, 2025	2024 (Q4)	0.46 / 0.50	0.67	-25.37% (-0.17)
Oct 23, 2024	2024 (Q3)	0.56 / 0.56	0.56	0.00% (0.00)
Jul 24, 2024	2024 (Q2)	0.60 / -0.28	0.19	-247.37% (-0.47)
Apr 25, 2024	2024 (Q1)	0.64 / 0.69	0.61	13.11% (+0.08)
Feb 01, 2024	2023 (Q4)	0.38 / 0.67	0.92	-27.17% (-0.25)
Oct 25, 2023	2023 (Q3)	0.50 / 0.56	0.57	-1.75% (>-0.01)
Jul 26, 2023	2023 (Q2)	0.58 / 0.19	0.33	-42.42% (-0.14)
Apr 27, 2023	2023 (Q1)	0.47 / 0.61	0.55	10.91% (+0.06)
Feb 02, 2023	2022 (Q4)	0.29 / 0.92	0.185	397.30% (+0.74)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

DE:DBK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 30, 2025	€19.52	€18.90	-3.22%
Oct 23, 2024	€16.31	€16.18	-0.85%
Jul 24, 2024	€15.68	€14.38	-8.32%
Apr 25, 2024	€14.96	€16.19	+8.19%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---