Deutsche Bank Aktiengesellschaft (DB) vs U.S. Bancorp (USB)

Deutsche Bank Aktiengesellschaft and U.S. Bancorp are both Banks Regional companies. U.S. Bancorp is the larger, with a market value of $93.1B against $66.2B — 1.4× the size. Deutsche Bank Aktiengesellschaft trades at the lower P/E: 9.7× against 11.6×. U.S. Bancorp grew revenue faster over the last twelve months: 3.38% against −0.57%. U.S. Bancorp has the higher net margin (18.4% vs 9.99%) and the higher return on invested capital (9.44% vs 0.00%). Both pay a dividend; U.S. Bancorp yields more (3.53% vs 3.40%). Across the 19 metrics below, Deutsche Bank Aktiengesellschaft leads on 10 and U.S. Bancorp on 9.

Valuation

Metric DB USB Banks Regional median
P/E 9.67 11.60 11.87
P/S 0.96 2.11 2.35
P/B 0.70 1.54 1.23
Price to free cash flow 1.16 7.40 10.45
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.34% 8.62% 8.34%
Free cash flow yield 86.48% 13.51% 9.37%

Profitability

Metric DB USB Banks Regional median
Gross margin 53.63% 68.73% 69.92%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.99% 18.43% 18.99%
Free cash flow margin 82.71% 0.00% 18.19%
Return on equity 7.44% 13.85% 10.45%
Return on assets 0.41% 1.16% 1.15%
Return on invested capital 0.00% 9.44% 8.54%

Growth

Metric DB USB Banks Regional median
Revenue growth (TTM) (0.57%) 3.38% 6.56%
EPS growth (last fiscal year) 75.00% 21.90% 18.85%
Revenue growth, 5-year CAGR 14.41% 11.17% 12.65%
Net income growth, 5-year CAGR 64.34% 9.26% 9.81%

Health

Metric DB USB Banks Regional median
Debt to equity 1.35 0.78 0.14
Current ratio 0.72 0.83 0.92
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric DB USB Banks Regional median
Dividend yield 3.40% 3.53% 2.51%
Payout ratio 0.34 0.41 0.30

Size

Metric DB USB Banks Regional median
Market cap 66.22b 93.10b 915.17m

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