Deutsche Bank AG (DB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Deutsche Bank AG (DB) stock price & volume — 10-year historical chart
Deutsche Bank AG (DB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Deutsche Bank AG (DB) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $1.24vs $1.15+7.8% | $10.0Bvs $9.9B+1.7% |
| Q2 2026 | Mar 11, 2026 | $0.76 | $9.1B |
| Q1 2026 | Jan 29, 2026 | $0.88vs $0.72+22.2% | $9.1Bvs $9.0B+0.4% |
| Q4 2025 | Oct 29, 2025 | $0.97vs $0.85+14.5% | $8.0Bvs $8.8B-8.9% |
Deutsche Bank AG (DB) competitors in Non-US regional and universal banks — business model, growth, and fundamentals comparison
Deutsche Bank AG (DB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Deutsche Bank AG (DB) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 12.29B | 13.32B | 13.75B | 11.53B | 11.15B | 13.65B | 13.6B | 13.06B | 15.69B |
| NII Growth % | -15.25% | 8.36% | 3.25% | -16.17% | -3.23% | 22.38% | -0.35% | -3.96% | 20.06% |
| Net Interest Margin % | 0.83% | 0.99% | 1.06% | 0.87% | 0.84% | 1.02% | 1.04% | 0.94% | 1.09% |
| Interest Income | 23.45B | 24.72B | 25.21B | 17.81B | 16.6B | 24.3B | 44.08B | 49.36B | 44.44B |
| Interest Expense | 11.16B | 11.4B | 11.46B | 6.28B | 5.45B | 10.65B | 30.47B | 36.29B | 28.76B |
| Loan Loss Provision | 533M | 525M | 723M | 1.79B | 515M | 1.23B | 1.5B | 1.83B | 1.71B |
| Non-Interest Income | 13.51B | 11.35B | 9.3B | 12.44B | 14.15B | 13.01B | 15.27B | 16.98B | 16.42B |
| Non-Interest Income % | 36.55% | 31.48% | 26.95% | 41.13% | 46.02% | 34.86% | 25.73% | 25.6% | 26.98% |
| Total Revenue | 36.97B▲ 0% | 36.07B▼ 2.4% | 34.51B▼ 4.3% | 30.25B▼ 12.3% | 30.75B▲ 1.6% | 37.3B▲ 21.3% | 59.35B▲ 59.1% | 66.34B▲ 11.8% | 60.86B▼ 8.3% |
| Revenue Growth % | -7.61% | -2.42% | -4.34% | -12.34% | 1.65% | 21.32% | 59.09% | 11.78% | -8.25% |
| Non-Interest Expense | 24.04B | 22.82B | 24.96B | 21.16B | 21.4B | 19.84B | 21.69B | 22.93B | 20.68B |
| Efficiency Ratio | 65.03% | 63.25% | 72.33% | 69.94% | 69.59% | 53.17% | 36.55% | 34.56% | 33.98% |
| Operating Income | 1.23B▲ 0% | 1.33B▲ 8.3% | -2.63B▼ 298.0% | 1.02B▲ 138.8% | 3.39B▲ 232.0% | 5.59B▲ 65.0% | 5.68B▲ 1.5% | 5.29B▼ 6.8% | 9.71B▲ 83.6% |
| Operating Margin % | 3.32% | 3.69% | -7.63% | 3.38% | 11.03% | 15% | 9.57% | 7.98% | 15.96% |
| Operating Income Growth % | 251.6% | 8.31% | -298.05% | 138.76% | 232.03% | 65.01% | 1.5% | -6.82% | 83.59% |
| Pretax Income | 1.23B▲ 0% | 1.33B▲ 8.3% | -2.63B▼ 298.0% | 1.02B▲ 138.8% | 3.39B▲ 232.0% | 5.59B▲ 65.0% | 5.68B▲ 1.5% | 5.29B▼ 6.8% | 9.73B▲ 83.9% |
| Pretax Margin % | 3.32% | 3.69% | -7.63% | 3.38% | 11.03% | 15% | 9.57% | 7.98% | 15.99% |
| Income Tax | 1.96B | 989M | 2.63B | 397M | 880M | -64M | 787M | 1.79B | 2.59B |
| Effective Tax Rate % | 159.85% | 74.36% | -99.85% | 38.88% | 25.96% | -1.14% | 13.86% | 33.76% | 26.64% |
| Net Income | -751M▲ 0% | 267M▲ 135.6% | -5.39B▼ 2118.7% | 495M▲ 109.2% | 2.37B▲ 377.8% | 5.53B▲ 133.6% | 4.77B▼ 13.6% | 3.37B▼ 29.5% | 6.93B▲ 105.9% |
| Net Margin % | -2.03% | 0.74% | -15.62% | 1.64% | 7.69% | 14.81% | 8.04% | 5.07% | 11.39% |
| Net Income Growth % | 46.43% | 135.55% | -2118.73% | 109.18% | 377.78% | 133.62% | -13.63% | -29.46% | 105.91% |
| Net Income (Continuing) | -735M | 341M | -5.26B | 624M | 2.51B | 5.66B | 4.89B | 3.5B | 7.14B |
| EPS (Diluted) | -0.38▲ 0% | 0.13▲ 134.2% | -2.49▼ 2015.4% | 0.07▲ 102.8% | 0.93▲ 1242.0% | 2.37▲ 154.8% | 2.03▼ 14.3% | 1.37▼ 32.5% | 3.09▲ 125.5% |
| EPS Growth % | 57.78% | 134.21% | -2015.38% | 102.78% | 1241.99% | 154.84% | -14.35% | -32.51% | 125.55% |
| EPS (Basic) | -0.38 | 0.13 | -2.49 | 0.07 | 0.95 | 2.42 | 2.07 | 1.40 | 3.16 |
| Diluted Shares Outstanding | 1.97B | 2.1B | 2.11B | 2.17B | 2.14B | 2.13B | 2.1B | 2.04B | 2B |
Deutsche Bank AG (DB) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 281B | 242.6B | 186.44B | 224.99B | 222.74B | 296.41B | 213.43B | 187.89B | 350.72B |
| Cash & Due from Banks | 234.92B | 197.61B | 147.23B | 175.34B | 199.36B | 186.09B | 184.56B | 153.65B | 171.62B |
| Short Term Investments | 49.36B | 44.99B | 39.21B | 49.66B | 23.38B | 110.32B | 28.87B | 34.24B | 179.09B |
| Total Investments | 278.96B | 256.34B | 214.67B | 866.12B | 165.63B | 940.99B | 205.95B | 227.22B | 963.68B |
| Investments Growth % | -0.28% | -8.11% | -16.26% | 303.47% | -80.88% | 468.14% | -78.11% | 10.33% | 324.12% |
| Long-Term Investments | 329.37B | 211.35B | 175.45B | 816.46B | 142.25B | 830.67B | 177.05B | 192.98B | 784.58B |
| Accounts Receivables | 85.39B | 69.21B | 66.02B | 76.22B | 73.58B | 74.84B | 76.72B | 65.27B | 109.97B |
| Goodwill & Intangibles | 8.84B | 9.14B | 7.03B | 6.72B | 6.82B | 7.09B | 7.33B | 7.75B | 7.56B |
| Goodwill | 3.78B | 3.88B | 2.88B | 2.74B | 2.81B | 2.92B | 2.85B | 2.96B | 2.74B |
| Intangible Assets | 5.06B | 5.26B | 4.15B | 3.99B | 4.02B | 4.17B | 4.48B | 4.79B | 4.83B |
| PP&E (Net) | 2.66B | 2.42B | 4.93B | 5.55B | 5.54B | 6.1B | 6.18B | 6.19B | 5.92B |
| Other Assets | -103.29B | -7.23B | -5.99B | 188.26B | -6.22B | 96.99B | 561.89B | 1.24T | 153.26B |
| Total Current Assets | 1.23T | 1.13T | 1.11T | 302.2B | 297.53B | 388.66B | 213.43B | 254.96B | 477.2B |
| Total Non-Current Assets | 244.38B | 222.91B | 187.41B | 1.02T | 154.61B | 948.13B | 752.45B | 1.45T | 957.87B |
| Total Assets | 1.47T▲ 0% | 1.35T▼ 8.6% | 1.3T▼ 3.6% | 1.33T▲ 2.0% | 1.32T▼ 0.1% | 1.34T▲ 1.0% | 1.31T▼ 1.8% | 1.39T▲ 5.7% | 1.44T▲ 3.5% |
| Asset Growth % | -7.28% | -8.58% | -3.6% | 1.97% | -0.1% | 0.97% | -1.83% | 5.7% | 3.45% |
| Return on Assets (ROA) | -0.05% | 0.02% | -0.41% | 0.04% | 0.18% | 0.42% | 0.36% | 0.25% | 0.49% |
| Accounts Payable | 109.36B | 93.19B | 73.71B | 81.55B | 71.79B | 85.54B | 86.32B | 68.87B | 112.17B |
| Total Debt | 178.13B | 171.85B | 146.45B | 204.03B | 156.19B | 195.47B | 144.22B | 151.49B | 254.81B |
| Net Debt | -56.79B | -25.76B | -775M | 28.69B | -43.17B | 9.38B | -40.34B | -2.16B | 83.19B |
| Long-Term Debt | 119.08B | 109.28B | 141.24B | 152.54B | 148.19B | 136.79B | 130.1B | 137.11B | 142.06B |
| Short-Term Debt | 18.41B | 14.16B | 5.22B | 47.51B | 4.03B | 54.21B | 9.62B | 9.89B | 108.56B |
| Other Liabilities | -119.42B | -109.79B | 0 | 363.01B | 0 | 309.49B | 549.14B | 303.46B | 250.29B |
| Total Current Liabilities | 127.78B | 107.35B | 78.92B | 742.98B | 75.82B | 813.07B | 96.58B | 862.1B | 957.7B |
| Total Non-Current Liabilities | 166.51B | 158.2B | 141.78B | 520.08B | 152.66B | 451.39B | 683.73B | 445.65B | 397.16B |
| Total Liabilities | 1.41T | 1.28T | 1.24T | 1.26T | 1.26T | 1.26T | 1.24T | 1.31T | 1.35T |
| Total Equity | 68.1B▲ 0% | 68.74B▲ 0.9% | 57.64B▼ 16.1% | 62.2B▲ 7.9% | 68.03B▲ 9.4% | 72.33B▲ 6.3% | 74.82B▲ 3.4% | 79.43B▲ 6.2% | 80.2B▲ 1.0% |
| Equity Growth % | 5.06% | 0.94% | -16.15% | 7.91% | 9.38% | 6.32% | 3.44% | 6.17% | 0.97% |
| Equity / Assets (Capital Ratio) | 4.62% | 5.1% | 4.43% | 4.69% | 5.14% | 5.41% | 5.7% | 5.73% | 5.59% |
| Return on Equity (ROE) | -1.13% | 0.39% | -8.53% | 0.83% | 3.63% | 7.87% | 6.49% | 4.36% | 8.68% |
| Book Value per Share | 34.61 | 32.70 | 27.32 | 28.66 | 31.74 | 34.03 | 35.56 | 38.95 | 40.14 |
| Tangible BV per Share | 30.12 | 28.35 | 23.99 | 25.56 | 28.56 | 30.69 | 32.08 | 35.15 | 36.36 |
| Common Stock | 5.29B | 5.29B | 5.29B | 5.29B | 5.29B | 5.29B | 5.22B | 5.11B | 4.89B |
| Additional Paid-in Capital | 39.92B | 40.25B | 40.51B | 40.61B | 40.58B | 40.51B | 40.19B | 39.74B | 38.28B |
| Retained Earnings | 17.45B | 16.71B | 9.64B | 10.01B | 12.61B | 17.8B | 21.32B | 23.37B | 28.1B |
| Accumulated OCI | 520M | 253M | 421M | -1.12B | -444M | -1.31B | -1.76B | -1.23B | -4.15B |
| Treasury Stock | -9M | -15M | -4M | -7M | -6M | -331M | -481M | -713M | -185M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deutsche Bank AG (DB) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 39.58B | -54.17B | -40.45B | 30.74B | -2.95B | -2.11B | 5.61B | -28.58B | 0 |
| Operating CF Growth % | -43.95% | -236.88% | 25.33% | 175.99% | -109.6% | 28.42% | 365.31% | -609.88% | 100% |
| Net Income | -735M | 341M | -5.26B | 624M | 2.51B | 5.66B | 4.89B | 3.5B | 6.93B |
| Depreciation & Amortization | 0 | 0 | 0 | 2.06B | 0 | 1.94B | 0 | 0 | 0 |
| Deferred Taxes | 1.23B | 276M | 1.87B | -296M | 19M | -852M | -553M | 473M | 0 |
| Other Non-Cash Items | 2.42B | 2.53B | 4.98B | 1.27B | 3.87B | 2.26B | 4.86B | 5.14B | -6.93B |
| Working Capital Changes | 36.66B | -57.32B | -42.03B | 26.7B | -9.35B | -11.56B | -3.59B | -37.7B | 0 |
| Cash from Investing | 2.43B | 7.63B | -10.28B | -1.89B | 23.59B | -17.18B | -2.58B | -6.78B | 0 |
| Purchase of Investments | -13.48B | -41.34B | -76.72B | -86.72B | -54.07B | -59.86B | -43.57B | -53.06B | 0 |
| Sale/Maturity of Investments | 17.54B | 50.16B | 65.89B | 86.36B | 79.11B | 43.64B | 43.13B | 48.16B | 0 |
| Net Investment Activity | 4.05B | 8.81B | -10.83B | -365M | 25.05B | -16.21B | -439M | -4.9B | 0 |
| Acquisitions | 82M | 220M | 1.76B | 5M | -5M | 439M | -361M | 23M | 0 |
| Other Investing | -1.22B | -935M | -886M | -1.02B | -896M | -1.06B | -1.35B | -1.37B | 0 |
| Cash from Financing | 7.14B | -3.33B | -2.8B | -311M | 1.63B | 614M | -2.85B | -646M | 0 |
| Dividends Paid | -392M | -227M | -227M | -349M | 0 | -406M | -610M | -883M | 0 |
| Share Repurchases | -7.91B | -4.12B | -1.36B | -1.07B | -346M | -695M | -857M | -1.13B | 0 |
| Stock Issued | 15.51B | 3.91B | 1.19B | 0 | 35M | 0 | 0 | 0 | 0 |
| Net Stock Activity | 7.6B | -207M | -168M | -1.07B | -311M | -695M | -857M | -1.13B | 0 |
| Debt Issuance (Net) | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 0 |
| Other Financing | -371M | 932M | -408M | 1.25B | 2.02B | -1.79B | -587M | 2.05B | 0 |
| Net Change in Cash | 43.38B▲ 0% | -48.2B▼ 211.1% | -51.95B▼ 7.8% | 27.46B▲ 152.9% | 23.62B▼ 14.0% | -14.32B▼ 160.6% | -1.86B▲ 87.0% | -33.1B▼ 1681.6% | -130.67B▼ 294.7% |
| Exchange Rate Effect | -5.77B | 1.67B | 1.58B | -1.07B | 1.34B | 4.35B | -2.04B | 2.91B | 0 |
| Cash at Beginning | 185.65B | 229.03B | 180.82B | 128.87B | 156.33B | 179.95B | 165.63B | 163.77B | 130.67B |
| Cash at End | 229.03B | 180.82B | 128.87B | 156.33B | 179.95B | 165.63B | 163.77B | 130.67B | 0 |
| Interest Paid | 11.78B | 11.74B | 11.49B | 6.94B | 5.56B | 9.47B | 28.5B | 36.03B | 0 |
| Income Taxes Paid | 689M | 468M | 945M | 805M | 1.03B | 1.29B | 955M | 1.39B | 0 |
| Free Cash Flow | 39.09B▲ 0% | -54.64B▼ 239.8% | -40.78B▲ 25.4% | 30.22B▲ 174.1% | -3.5B▼ 111.6% | -2.45B▲ 30.0% | 5.18B▲ 311.6% | -29.11B▼ 661.6% | 0▲ 100.0% |
| FCF Growth % | -44.06% | -239.77% | 25.37% | 174.12% | -111.59% | 30.04% | 311.59% | -661.57% | 100% |
Deutsche Bank AG (DB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -2.12% | -1.13% | 0.39% | -8.53% | 0.83% | 3.63% | 7.87% | 6.49% | 4.36% | 8.68% |
| Return on Assets (ROA) | -0.09% | -0.05% | 0.02% | -0.41% | 0.04% | 0.18% | 0.42% | 0.36% | 0.25% | 0.49% |
| Net Interest Margin | 0.91% | 0.83% | 0.99% | 1.06% | 0.87% | 0.84% | 1.02% | 1.04% | 0.94% | 1.09% |
| Efficiency Ratio | 72.44% | 65.03% | 63.25% | 72.33% | 69.94% | 69.59% | 53.17% | 36.55% | 34.56% | 33.98% |
| Equity / Assets | 4.08% | 4.62% | 5.1% | 4.43% | 4.69% | 5.14% | 5.41% | 5.7% | 5.73% | 5.59% |
| Book Value / Share | 41.68 | 34.61 | 32.7 | 27.32 | 28.66 | 31.74 | 34.03 | 35.56 | 38.95 | 40.14 |
| NII Growth | -6.93% | -15.25% | 8.36% | 3.25% | -16.17% | -3.23% | 22.38% | -0.35% | -3.96% | 20.06% |
| Dividend Payout | - | - | 85.02% | - | 70.51% | - | 7.35% | 12.78% | 26.23% | - |
Deutsche Bank AG (DB) stock FAQ — growth, dividends, profitability & financials explained
Deutsche Bank AG (DB) saw revenue decline by 8.3% over the past year.
Yes, Deutsche Bank AG (DB) is profitable, generating $6.93B in net income for fiscal year 2025 (11.4% net margin).
Deutsche Bank AG (DB) has a return on equity (ROE) of 8.7%. This is below average, suggesting room for improvement.
Deutsche Bank AG (DB) has a net interest margin (NIM) of 1.1%. NIM has been under pressure due to interest rate environment.
Deutsche Bank AG (DB) has an efficiency ratio of 34.0%. This is excellent, indicating strong cost control.
Deutsche Bank AG (DB) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates