Deutsche Bank AG (DBK) AI Stock Analysis

• Market Cap: $57.63B
• Dividend Yield: 2.3%
• Average Volume (3M): 6.60M
• Price to Earnings (P/E): 9.5
• Beta (1Y): 1.36
• Revenue Growth: -4.39%
• EPS Growth: 81.95%
• Country: DE
• Employees: 89,687
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 1,948,252,900
• 10 Day Avg. Volume: 5,580,940
• 30 Day Avg. Volume: 6,599,415
• PEG Ratio: -0.30
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 1.17
• P/FCF Ratio: -1.14
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 1.34
• Enterprise Value/Gross Profit: 2.12
• Enterprise Value/Ebitda: 6.55
• 1Y Price Target: $32.70
• Price Target Upside: 10.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 12

• Rating: 65 Neutral
• Price Target: €31.00 ▲(4.73% Upside)

Deutsche Bank's overall score reflects strong valuation and earnings call performance, with notable revenue growth and cost efficiency. However, financial performance is hindered by profitability and cash flow challenges, while technical indicators suggest potential bearish momentum.

Positive Factors

Revenue Growth

The consistent revenue growth aligns with the bank's strategic goals, indicating strong market position and effective business model execution.

Cost Efficiency

Improved cost efficiency enhances profitability and competitiveness, supporting long-term financial health and strategic investments.

Capital Strength

A strong CET1 ratio provides financial stability and flexibility, enabling strategic growth and increased shareholder returns.

Negative Factors

Negative EBIT Margin

Negative EBIT margins indicate challenges in operational efficiency, potentially affecting long-term profitability and financial performance.

Cash Flow Issues

Negative free cash flow raises liquidity concerns, limiting the bank's ability to invest in growth opportunities and manage financial obligations.

Commercial Real Estate Provisions

Elevated provisions in commercial real estate reflect potential asset quality issues, posing risks to future profitability and balance sheet strength.

Deutsche Bank AG Business Overview & Revenue Model

Company Description

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company's Investment Bank segment offers merger and acquisitions, and equity advisory services. This segment also focuses on financing, advisory, fixed income, risk management, sales and trading, and currencies. Its Private Bank segment provides payment and account services, and credit and deposit products, as well as investment advice, such as environmental, social, and governance products. This segment also provides wealth management, postal and parcel services, and digital offerings. The company's Asset Management segment provides investment solutions, such as alternative investments, which include real estate, infrastructure, private equity, liquid real assets, and sustainable investments; passive investments; and various services, including insurance and pension solutions, asset liability management, portfolio management solutions, asset allocation advisory, structuring, and overlay to institutions, governments, corporations and foundations, and individual investors. As of December 31, 2021, it operated 1,709 branches in 58 countries. The company was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

How the Company Makes Money

Deutsche Bank generates revenue through multiple key streams. Primarily, it earns income from its Investment Banking division, which includes advisory fees from mergers and acquisitions, underwriting fees from capital market activities, and trading revenues from sales and trading operations across equities, fixed income, and commodities. The Corporate Banking segment contributes through lending activities, transaction banking services, and cash management solutions for corporate clients. Additionally, the Asset Management and Private Banking divisions provide investment products and wealth management services, generating management fees and performance fees. Significant partnerships with corporations, institutional investors, and financial markets enhance its service offerings and client base, contributing further to its earnings. Overall, Deutsche Bank's diversified revenue model enables it to navigate various market conditions effectively.

Deutsche Bank AG Financial Statement Overview

Summary

Deutsche Bank AG shows strong revenue growth and a high gross profit margin, but faces challenges with profitability, particularly in EBIT margins. The balance sheet is stable with adequate equity management, though leverage is high. Cash flow issues, especially in generating positive free cash flow, indicate liquidity management challenges.

Income Statement

Deutsche Bank AG's revenue has shown a consistent growth trajectory, with a 4.06% increase from 2023 to 2024. However, the EBIT margin turned negative in 2024, significantly impacting overall profitability. The net profit margin improved slightly to 11.20% in 2024 from the previous year, but the negative EBIT margin is a critical concern. The bank's gross profit margin remains high, reflecting strong revenue management.

Balance Sheet

Deutsche Bank AG maintains a healthy equity base with an equity ratio of 5.61% in 2024. The debt-to-equity ratio stands at 1.95, indicating moderate leverage, typical for the banking industry. Return on Equity (ROE) improved to 4.33% in 2024, showcasing better utilization of equity capital compared to previous years. Overall, the balance sheet displays stability but is pressured by industry-standard leverage.

Cash Flow

The cash flow statement highlights a significant decline in operating cash flow, resulting in negative free cash flow in 2024. The operating cash flow to net income ratio is concerning, indicating challenges in converting income into cash. Free cash flow has deteriorated, posing liquidity concerns and potential risks for future investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	46.96B	28.26B	59.35B	37.30B	30.75B	22.24B
Gross Profit	29.70B	28.22B	27.37B	26.66B	24.79B	22.24B
EBITDA	9.61B	8.66B	7.66B	7.38B	5.30B	2.96B
Net Income	5.59B	3.37B	4.27B	5.53B	2.37B	495.00M
Balance Sheet
Total Assets	1.40T	1.39T	1.31T	1.34T	1.32T	1.32T
Cash, Cash Equivalents and Short-Term Investments	185.48B	187.89B	213.43B	211.54B	222.74B	231.17B
Total Debt	135.99B	151.49B	144.22B	146.38B	156.19B	243.29B
Total Liabilities	1.32T	1.31T	1.24T	1.26T	1.26T	1.26T
Stockholders Equity	76.39B	77.83B	73.05B	70.54B	66.33B	60.60B
Cash Flow
Free Cash Flow	0.00	-29.11B	5.18B	-2.45B	-3.50B	30.22B
Operating Cash Flow	0.00	-28.58B	5.61B	-2.11B	-2.95B	30.74B
Investing Cash Flow	0.00	-6.78B	-2.58B	-17.18B	23.59B	-1.89B
Financing Cash Flow	0.00	-646.00M	-2.85B	614.00M	1.63B	-311.00M

Deutsche Bank AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.60
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:DBK, the sentiment is Positive. The current price of 29.6 is below the 20-day moving average (MA) of 29.71, below the 50-day MA of 30.29, and above the 200-day MA of 24.84, indicating a neutral trend. The MACD of -0.34 indicates Positive momentum. The RSI at 48.74 is Neutral, neither overbought nor oversold. The STOCH value of 44.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:DBK.

Deutsche Bank AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBK	―	€34.32B	13.21	9.11%	2.14%	1.60%	19.65%
HNR1	―	€30.84B	12.43	22.81%	3.52%	7.50%	22.49%
MUV2	―	€71.83B	14.22	16.65%	3.65%	2.36%	-11.93%
DB1	―	€41.58B	21.17	19.61%	1.79%	9.07%	10.34%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
TLX	―	€27.97B	12.37	19.75%	2.52%	6.51%	22.56%
DBK	―	$57.63B	9.54	9.19%	2.30%	-4.39%	81.95%

Deutsche Bank AG Corporate Events

Deutsche Bank Reports Strong Profit Growth in 2025

Deutsche Bank AG is a leading global financial institution, providing a wide range of banking and financial services across investment banking, corporate banking, private banking, and asset management sectors. With a strong European foundation, the bank operates a vast international network, positioning itself as a ‘Global Hausbank’ to its clients worldwide.

Deutsche Bank Releases Q3 2025 Financial Updates

Deutsche Bank has released its key updates for the third quarter of 2025, highlighting its financial results prepared in accordance with EU IFRS standards. The bank employs fair value hedge accounting to manage interest rate volatility, which impacts its reported revenue from Treasury activities. This approach aligns with its financial targets and capital objectives. The report also mentions the use of non-GAAP financial measures to provide additional insights into the bank’s performance. These updates are crucial for stakeholders as they reflect the bank’s strategic initiatives and risk management policies, which are essential for maintaining its position in the competitive financial markets.

The most recent analyst rating on (DE:DBK) stock is a Hold with a EUR32.00 price target. To see the full list of analyst forecasts on Deutsche Bank AG stock, see the DE:DBK Stock Forecast page.