Deutsche Bank Aktiengesellschaft

DB Financial Banks Regional

Deutsche Bank Aktiengesellschaft’s revenue for fiscal 2025 (year ended December 2025) was $68.1 billion, down 3.67% from fiscal 2024. In the quarter to June 2026, revenue grew 5.77%, EPS grew 161.0%, free cash flow grew 127.2% and total debt was flat, each against the same quarter a year earlier. Dividend growth for five consecutive years.

32.57 0.29 −0.88%
Market cap
$61.8B
P/E
7.6×
Fwd P/E
8.4×
Dividend yield
3.64%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 9.96%

Capital & Financial Ratios $m

Market Cap 61,750.00
Revenue 69,627.54
Net Income 12,313.65
Free Cash Flow 57,586.75
Net Debt (290,464.50)
Current Ratio 0.72
Debt/Equity 1.35
P/E ratio 7.58
Fwd P/E 8.39
P/S ratio 0.89
P/B ratio 0.65
Past 5Y EPS Growth 112.91% (at or above 15%: strong)
This Y EPS Growth 1.39%
Next Y EPS Growth 17.44% (at or above 15%: strong)
Next Y revenue growth (65.79%) (below 0%: weak)
Next 5Y EPS Growth 10.93%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 42.34%
10-year low 10-year high
P/S against its own 10 years 85.59%
10-year low 10-year high
P/B against its own 10 years 89.79%
10-year low 10-year high

Dividends

Payout Ratio 0.28
Annual Dividend Rate 1.19
Annual Dividend Yield 3.64%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.81
1.19
2025 0.77
0.77
2024 0.49
0.49
2023 0.32
0.32
2022 0.21
0.21
2021 Powerpack
2020 Powerpack
2019 0.12
0.12
2018 0.13
0.13
2017 0.21
0.21
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 719,247 361,669 824,892 419,936
Receivables — — — —
Inventory — — — —
Other — — — —
1,238,051 885,294 1,365,944 989,612
2023 2024 2025 Q'26
Payables 676,964 722,518 785,848 814,929
ST’ Debt — — — —
Other — 346,172 304,014 358,249
1,087,320 1,183,049 1,245,357 1,374,296

Compound Annual Growth %

10y 5y 3y
Sales 3.47% 14.41% 19.87%
Cash Flow (3.33%) 8.69% 0.00%
Earnings 0.00% 64.34% 5.02%
Book Value 2.17% 5.56% 6.99%

Revenue $m

Mar Jun Sep Dec Year
’26 17,115 18,587 — — —
’25 16,613 17,573 17,254 16,672 68,111
’24 17,422 17,437 19,842 16,002 70,703
’23 14,459 14,567 16,346 18,029 63,400
’22 9,891 9,070 6,625 6,757 39,541
’21 8,479 9,139 7,135 6,831 36,906
’20 6,941 8,553 6,962 6,941 34,745
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — 7,648 — — —
’25 — 29,119 — 53,248 53,248
’24 — (27,003) — (30,931) (30,931)
’23 — — — — 6,067
’22 — — — — (2,226)
’21 — — — — (3,493)
’20 — — — — 35,110
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — 7,420 — — —
’25 — 28,879 — 52,767 52,767
’24 — (27,247) — (31,480) (31,480)
’23 — (188) — (421) 5,646
’22 — (180) — — (2,558)
’21 — (176) — — (4,008)
’20 — (195) — — 34,552
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.93 1.44 — — —
’25 1.04 0.54 0.97 0.88 3.50
’24 0.75 (0.41) 1.77 0.16 1.48
’23 0.65 0.21 0.61 1.40 2.20
’22 0.62 0.61 0.55 0.91 2.50
’21 0.55 0.45 0.16 0.08 1.10
’20 0.02 (0.15) 0.15 0.07 0.08
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 9.99 15.59 7.62 6.44 4.99 10.08 7.25 8.85 12.43 17.06

Analyst estimates 2026–2028

Powerpack
High 21.09 20.23 19.98 9.47 11.96 15.34 16.70 13.81 18.07 39.78
People
People Employees 99,744 97,535 91,737 87,597 84,659 82,969 84,930 90,130 89,753 89,879
Revenue/emp, $m 0.45 0.44 0.48 0.44 0.41 0.44 0.47 0.70 0.79 0.76
Income, $m
Income, $m Revenue 45,306 43,133 43,599 38,713 34,745 36,906 39,541 63,400 70,703 68,111
Gross margin, % 73.31 69.30 68.58 67.02 78.94 81.87 72.11 53.18 48.22 52.22
EBT (896) 1,388 1,571 (2,950) 1,146 4,162 5,739 8,610 7,253 10,261
EBT margin, % (1.98) 3.22 3.60 (7.62) 3.30 11.28 14.51 13.58 10.26 15.06
Net income (1,501) (831) 403 (5,897) 699 3,070 5,852 6,983 4,849 7,709
Depreciation 4,144 2,440 2,824 4,472 2,166 3,749 3,517 3,897 2,984 3,081
Per share, $
Per share, $ Revenue 32.64 21.92 20.74 18.35 16.48 17.60 18.97 30.72 35.47 34.85
Earnings (1.32) (0.42) (0.01) (3.04) 0.08 1.14 2.55 2.24 1.52 3.57
Cash flow 56.29 22.73 (30.37) (21.47) 16.65 (1.67) (1.07) 2.94 (15.51) 27.24
Capex (0.41) (0.21) (0.06) (0.12) (0.26) (0.25) (0.16) (0.20) (0.28) (0.25)
Free cash flow 55.88 22.52 (30.44) (21.60) 16.39 (1.91) (1.23) 2.74 (15.79) 27.00
Book value 51.67 39.12 38.62 32.99 33.69 38.43 36.46 40.02 44.44 47.63
Shares, m 1,388 1,968 2,102 2,110 2,108 2,097 2,085 2,064 1,994 1,955
Valuation, ×
Valuation, × P/E 0.00 0.00 43.51 0.00 98.02 9.78 4.21 4.64 7.34 10.99
P/S 0.50 0.88 0.39 0.46 0.77 0.82 0.74 0.44 0.48 1.11
P/B 0.32 0.49 0.21 0.26 0.33 0.39 0.36 0.34 0.38 0.81
EV/Sales (6.63) (8.41) (5.11) (22.24) (6.82) (7.16) (5.17) (8.86) (2.88) (9.10)
EV/FCF (3.87) (8.18) 3.48 10.97 10.32 (56.40) (10.65) 3,485.42 2.48 (27.04)
Cash, $m
Cash, $m Operating cash flow 78,137 44,733 (63,852) (45,303) 35,110 (3,493) (2,226) 6,067 (30,931) 53,248
Capex (574) (420) (129) (263) (557) (516) (332) (421) (550) (481)
Free cash flow 77,563 44,312 (63,981) (45,566) 34,552 (4,008) (2,558) 5,646 (31,480) 52,767
Balance, $m
Balance, $m Working capital (329,568) (195,387) (282,997) (316,615) (312,269) (268,724) (253,673) 150,731 (297,755) 120,587
Total debt 194,666 188,085 183,577 153,140 172,327 170,969 138,588 129,219 124,334 129,835
Net debt (323,099) (400,607) (240,019) (151,400) (161,495) (196,108) (167,592) (590,028) (237,335) (695,058)
Shareholders’ equity 71,729 76,972 81,178 69,619 71,033 80,568 76,008 82,612 88,586 93,097
Returns, %
Returns, % ROA (0.09) (0.05) 0.02 (0.40) 0.04 0.19 0.38 0.44 0.28 0.42
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE (2.11) (1.14) 0.40 (8.01) 0.78 3.83 7.29 7.96 4.76 7.28
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Deutsche Bank Aktiengesellschaft vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
USB U.S. Bancorp $89.4B 11.3× 10.9× +2.26% (above 0%: growing) +16.16% (above 0%: growing) +151.96% (above 0%: growing) 70.62% 0.00% Compare
PNC The PNC Financial Services Group, Inc $85.8B 11.4× 12.4× +6.44% (above 0%: growing) +19.94% (above 0%: growing) +45.07% (above 0%: growing) 70.11% 0.00% Compare
LYG Lloyds Banking Group PLC $78.4B 15.5× — −67.58% (below 0%: shrinking) +413.83% (above 0%: growing) +62.30% (above 0%: growing) 100.00% 0.00% Compare
NU Nu Holdings Ltd. $71.2B 19.7× 14.5× +50.29% (above 0%: growing) +69.23% (above 0%: growing) −102.15% (below 0%: shrinking) 71.77% 0.00% Compare
NWG NatWest Group plc $69.2B 9.9× 8.4× +14.08% (above 0%: growing) +77.78% (above 0%: growing) −47.36% (below 0%: shrinking) 59.01% 0.00% Compare
DB Deutsche Bank Aktiengesellschaft $61.8B 7.6× 8.4× +5.77% (above 0%: growing) +160.96% (above 0%: growing) +127.23% (above 0%: growing) 57.34% 0.00%
TFC Truist Financial Corporation $56.9B 10.7× 10.8× +0.75% (above 0%: growing) +36.26% (above 0%: growing) +13.68% (above 0%: growing) 69.18% 0.00% Compare
ITUB Itau Unibanco Holding S.A. $51.3B 12.0× — +9.19% (above 0%: growing) +25.86% (above 0%: growing) +584.73% (above 0%: growing) 46.42% 0.00% Compare
FITB Fifth Third Bancorp $45.7B 17.0× 17.0× +37.01% (above 0%: growing) −4.55% (below 0%: shrinking) +125.45% (above 0%: growing) 73.89% 0.00% Compare
Median of peers $70.2B 11.7× 11.7× +7.82% +31.06% +53.69% 70.37% 0.00%

All 323 Banks Regional stocks →

Deutsche Bank Aktiengesellschaft (DB) key facts

  • Concern: Deutsche Bank Aktiengesellschaft’s revenue for fiscal 2025 (year ended December 2025) was $68.1 billion, down 3.67% from fiscal 2024.
  • Deutsche Bank Aktiengesellschaft (DB) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, DB traded at $32.57, a market capitalization of $61.8 billion.
  • Deutsche Bank Aktiengesellschaft pays an annual dividend of $1.19 per share, a yield of 3.64%, with a payout ratio of 28.1%.
  • Return on equity was 7.28% and debt-to-equity 1.35.
  • Its Piotroski F-score is 8 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Deutsche Bank Aktiengesellschaft (DB) Latest News

31 Jul

stockrow.com/DB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com