Deutsche Bank AG(DB)Earnings, Financials & Key Ratios

DB•NYSE•Banking & Credit

9.9× P/E·Price updated Jun 19, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryNon-US regional and universal banks

AboutDeutsche 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.Show more

Net Interest Income$15.69B+20.1%
Total Revenue$60.86B-8.3%
Net Income$6.93B+105.9%
Return on Equity8.68%+99.0%
Net Interest Margin1.09%+16.1%
Efficiency Ratio33.98%-1.7%
ROA0.49%+97.0%
Equity / Assets5.59%-2.4%
Book Value per Share40.14+3.1%

DB Key Insights

Deutsche Bank AG (DB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong 5Y profit CAGR of 69.5%
✓Efficient operations: 34.0% efficiency ratio
✓Share count reduced 2.0% through buybacks
✓Trading at only 0.8x book value

✗Weaknesses

✗High debt to equity ratio of 3.2x
✗Weak NIM of 1.1%
✗Thin capital base

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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DB Price & Volume

Deutsche Bank AG (DB) stock price & volume — 10-year historical chart

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DB Growth Metrics

Deutsche Bank AG (DB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.42%

5 Years15.01%

3 Years17.72%

TTM-

Profit CAGR

10 Years-

5 Years69.53%

3 Years7.85%

TTM105.91%

EPS CAGR

10 Years-

5 Years113.72%

3 Years9.25%

TTM115.74%

Return on Capital

10 Years0.42%

5 Years0.84%

3 Years1.07%

Last Year1.94%

DB Recent Earnings

Deutsche Bank AG (DB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 7/12 qtrs (64%)●Beat Revenue 3/12 qtrs (30%)

Q2 2026Latest

Apr 29, 2026

Metric

Actual

Est

EPS

$1.24+7.8%

$1.15

Rev

$10.0B+1.7%

$9.9B

Q2 2026

Mar 11, 2026

Metric

Actual

Est

EPS

$0.76

—

Rev

$9.1B

—

Q1 2026

Jan 29, 2026

Metric

Actual

Est

EPS

$0.88+22.2%

$0.72

Rev

$9.1B+0.4%

$9.0B

Q4 2025

Oct 29, 2025

Metric

Actual

Est

EPS

$0.97+14.5%

$0.85

Rev

$8.0B-8.9%

$8.8B

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%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
UBSUBS Group AGDirect Competitor	157.65B	50.80	27.17	-20.43%	10.48%	7%	3.94
BBVABanco Bilbao Vizcaya Argentaria, S.A.Direct Competitor	137.49B	24.48	12.59	4.08%	22.98%	17.25%	1.32
SANBanco Santander, S.A.Direct Competitor	198.16B	13.50	13.48	-7.71%	18.79%	12.76%	4.40
INGING Groep N.V.Direct Competitor	90.21B	31.36	12.85	-65.31%	15.23%	12.38%	3.32
BCSBarclays PLCDirect Competitor	90.29B	26.31	12.07	-52.96%	25.26%	9.19%	2.81
HSBCHSBC Holdings plcDirect Competitor	326.39B	94.97	15.70	3.19%	17.23%	11.4%	2.68
GSThe Goldman Sachs Group, Inc.Product Competitor	348.27B	1096.56	21.37	-1.38%	13.73%	13.58%	4.88
MSMorgan StanleyProduct Competitor	355.51B	223.17	21.88	11.48%	14.66%	15.3%	4.22

Compare DB vs Peers

Deutsche Bank AG (DB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs UBS

Most directly comparable listed peer for DB.

Scale Benchmark

vs JPM

Larger-name benchmark to compare DB against a more recognizable public peer.

Peer Set

Compare Top 5

vs UBS, BBVA, SAN, ING

DB Income Statement

Deutsche Bank AG (DB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Metric	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

DB Balance Sheet

Deutsche Bank AG (DB) balance sheet — assets, liabilities & shareholders' equity

Metric	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

DB Cash Flow Statement

Deutsche Bank AG (DB) cash flow — operating, investing & free cash flow history

Metric	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%

DB Banking Ratios

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%	-

DB Frequently Asked Questions

Deutsche Bank AG (DB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

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).

Dividend & Returns

Deutsche Bank AG (DB) has a return on equity (ROE) of 8.7%. This is below average, suggesting room for improvement.

Industry Metrics

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.

What if you invested $1,000 in DB back in 2000?

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Deutsche Bank AG(DB)Earnings, Financials & Key Ratios

DB•NYSE•Banking & Credit

9.9× P/E·Price updated Jun 19, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryNon-US regional and universal banks

Net Interest Income$15.69B+20.1%
Total Revenue$60.86B-8.3%
Net Income$6.93B+105.9%
Return on Equity8.68%+99.0%
Net Interest Margin1.09%+16.1%
Efficiency Ratio33.98%-1.7%
ROA0.49%+97.0%
Equity / Assets5.59%-2.4%
Book Value per Share40.14+3.1%