Deutsche Bank AG (DBK) AI Stock Analysis

• Market Cap: $61.40B
• Dividend Yield: 2.12%
• Average Volume (3M): 4.91M
• Price to Earnings (P/E): 10.1
• Beta (1Y): 1.39
• Revenue Growth: -8.53%
• EPS Growth: 62.77%
• Country: DE
• Employees: 89,687
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.85
• Shares Outstanding: 1,948,252,900
• 10 Day Avg. Volume: 3,282,707
• 30 Day Avg. Volume: 4,910,502
• 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: 1.07
• Enterprise Value/Revenue: 1.04
• Enterprise Value/Gross Profit: 2.25
• Enterprise Value/Ebitda: 8.11
• 1Y Price Target: $35.74
• Price Target Upside: 9.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: €32.00 ▼(-1.84% Downside)

Deutsche Bank AG's overall stock score is driven by strong earnings call performance and attractive valuation metrics. However, financial performance concerns, particularly in profitability and cash flow, and mixed technical indicators moderate the score.

Positive Factors

Strong Capital Position

A robust capital position with a high CET1 ratio enhances financial stability and allows for strategic investments, supporting long-term growth.

Growth Across Business Segments

Consistent growth across all business segments indicates a well-diversified revenue base, reducing reliance on any single market or product.

Operational Efficiency

Improved operational efficiency through cost-saving measures enhances profitability and competitiveness, supporting long-term sustainability.

Negative Factors

Negative EBIT Margin

A negative EBIT margin indicates challenges in maintaining profitability, which could affect long-term financial health if not addressed.

Cash Flow Concerns

Negative free cash flow suggests liquidity issues, potentially limiting the company's ability to invest in growth opportunities or manage debt.

Challenges in Commercial Real Estate

Ongoing challenges in commercial real estate could lead to increased provisions, impacting profitability and risk management in the long term.

Deutsche Bank AG Business Overview & Revenue Model

Company Description

Deutsche Bank AG (DBK) is a global investment bank headquartered in Frankfurt, Germany, offering a wide range of financial services including investment banking, asset management, private banking, and retail banking. With a presence in over 60 countries, the bank serves a diverse clientele that includes corporations, governments, and institutional investors. Deutsche Bank operates through various segments, including Corporate Bank, Investment Bank, Private Bank, and Asset Management, providing solutions such as mergers and acquisitions advisory, capital raising, risk management, and wealth management services.

How the Company Makes Money

Deutsche Bank generates revenue primarily through its diversified business model which includes several key revenue streams. The Investment Bank segment earns money by providing advisory services for mergers and acquisitions, underwriting securities, and facilitating trading in the capital markets. The Corporate Bank focuses on transaction banking services, including payment processing and cash management, generating fees from corporate clients. The Private Bank offers wealth management and private banking services, earning fees from asset management and advisory services. Additionally, the Asset Management segment collects management fees based on the assets under management. The bank also benefits from strategic partnerships and collaborations that enhance its service offerings and market reach, contributing to its overall earnings.

Deutsche Bank AG Financial Statement Overview

Summary

Deutsche Bank AG shows revenue growth and a high gross profit margin, but faces challenges with negative EBIT margins and cash flow issues. The balance sheet is stable with adequate equity management, though leverage is high.

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	63.25B	66.34B	59.35B	37.30B	30.75B	30.25B
Gross Profit	29.23B	28.22B	27.37B	25.43B	24.79B	22.18B
EBITDA	8.10B	5.29B	5.68B	5.59B	3.39B	1.02B
Net Income	5.59B	3.37B	4.77B	5.53B	2.37B	495.00M
Balance Sheet
Total Assets	1.40T	1.39T	1.31T	1.34T	1.32T	1.33T
Cash, Cash Equivalents and Short-Term Investments	185.48B	187.89B	213.43B	211.54B	222.74B	224.99B
Total Debt	135.99B	224.35B	144.22B	195.47B	156.19B	204.03B
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	60.61B
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: 32.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 32.6 is above the 20-day moving average (MA) of 30.75, above the 50-day MA of 30.61, and above the 200-day MA of 26.83, indicating a bullish trend. The MACD of 0.36 indicates Negative momentum. The RSI at 64.41 is Neutral, neither overbought nor oversold. The STOCH value of 93.30 is Negative, 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
DB1	76 Outperform	€39.80B	20.26	19.61%	1.82%	9.07%	10.34%
CBK	75 Outperform	€36.71B	14.13	8.78%	1.87%	-2.40%	19.42%
HNR1	74 Outperform	€29.93B	12.06	21.34%	3.55%	2.57%	9.75%
MUV2	71 Outperform	€70.16B	13.89	19.40%	3.66%	0.48%	11.17%
DBK	69 Neutral	$61.40B	10.15	9.15%	2.12%	-8.53%	62.77%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
TLX	67 Neutral	€27.53B	12.18	19.49%	2.47%	3.70%	24.02%

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.