(DB) Deutsche Bank - Ratings and Ratios

Exchange: NYSE • Country: Germany • Currency: USD • Type: Common Stock • ISIN: DE0005140008

Banking, Investment, Asset Management, Lending, Advisory

EPS (Earnings per Share)

EPS (Earnings per Share) of DB over the last years for every Quarter: "2020-09": -0.09, "2020-12": 0.18, "2021-03": 0.55, "2021-06": 0.4, "2021-09": 0.15, "2021-12": 0.28, "2022-03": 0.5, "2022-06": 0.49, "2022-09": 0.54, "2022-12": 0.77, "2023-03": 0.5, "2023-06": 0.54, "2023-09": 0.51, "2023-12": 0.69, "2024-03": 0.49, "2024-06": 0.76, "2024-09": 0.97, "2024-12": 0.15, "2025-03": 1.0368, "2025-06": 0.48, "2025-09": 0.9139,

Revenue

Revenue of DB over the last years for every Quarter: 2020-09: 7288, 2020-12: 6626, 2021-03: 8616, 2021-06: 7455, 2021-09: 7423, 2021-12: 7191, 2022-03: 8840, 2022-06: 8454, 2022-09: 9571, 2022-12: 10571, 2023-03: 13969, 2023-06: 14447, 2023-09: 15237, 2023-12: 15695, 2024-03: 17255, 2024-06: 17226, 2024-09: 16589, 2024-12: 15267, 2025-03: 16367, 2025-06: 15027, 2025-09: 8024,

Dividends

Dividend Yield 2.16%
Yield on Cost 5y 7.69%
Yield CAGR 5y 51.88%
Payout Consistency 72.6%
Payout Ratio 29.7%
Risk via 10d forecast
Volatility 33.4%
Value at Risk 5%th 50.1%
Relative Tail Risk -8.79%
Reward TTM
Sharpe Ratio 2.25
Alpha 108.66
CAGR/Max DD 1.81
Character TTM
Hurst Exponent 0.492
Beta 1.079
Beta Downside 1.096
Drawdowns 3y
Max DD 30.69%
Mean DD 7.56%
Median DD 4.86%

Description: DB Deutsche Bank September 26, 2025

Deutsche Bank AG (ticker DB) is a German-headquartered, diversified capital-markets firm that operates across four primary segments – Corporate Bank, Investment Bank, Private Bank, and Asset Management – serving clients in Europe, the Middle East, Africa, the Americas and APAC.

The Corporate Bank delivers risk-management, cash-management, trade-finance, lending, trust, agency and securities-service solutions, positioning itself to benefit from the ongoing European corporate-treasury-modernisation trend, which analysts estimate could boost transaction volumes by 4-6 % annually through 2027.

The Investment Bank focuses on debt origination, M&A advisory, FX trading and equity-capital-markets services. Its earnings are highly sensitive to the European interest-rate cycle; with the ECB’s policy rate currently at 4.0 %, the bank’s net-interest-margin is expected to compress modestly, a risk reflected in a forward-looking 2024-2025 earnings-per-share volatility range of ±8 %.

The Private Bank offers payment, credit, deposit, and ESG-focused investment products, while the Asset Management arm provides alternative-investment vehicles (real-estate, infrastructure, liquid real assets) and sustainable-investment solutions, managing roughly €200 bn in assets under management – a figure that has grown ~12 % year-over-year, driven by rising institutional demand for green assets.

Key financial indicators as of FY 2023 include a Common-Equity-Tier-1 (CET1) ratio of 13.5 %, net profit of €2.5 bn, and a return on equity (ROE) of 7.8 %, suggesting a solid capital base but modest profitability relative to peers in the diversified-banking sector.

For a deeper, data-driven assessment of DB’s valuation dynamics and scenario analysis, you may find ValueRay’s interactive dashboards useful for extending this overview.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (5.73b TTM) > 0 and > 6% of Revenue (6% = 3.28b TTM)
FCFTA -0.02 (>2.0%) and ΔFCFTA -2.47pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -1110 % (prev 701.2%; Δ -1811 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.00 (>3.0%) and CFO -2.93b <= Net Income 5.73b (YES >=105%, WARN >=100%)
Net Debt (-2.16b) to EBITDA (5.84b) ratio: -0.37 <= 3.0 (WARN <= 3.5)
Current Ratio 0.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (1.95b) change vs 12m ago -3.92% (target <= -2.0% for YES)
Gross Margin 55.35% (prev 41.33%; Δ 14.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 3.95% (prev 4.84%; Δ -0.89pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.19 (EBITDA TTM 5.84b / Interest Expense TTM 30.16b) >= 6 (WARN >= 3)

Altman Z'' -2.75

(A) -0.44 = (Total Current Assets 254.96b - Total Current Liabilities 862.10b) / Total Assets 1391.25b
(B) 0.02 = Retained Earnings (Balance) 26.59b / Total Assets 1391.25b
(C) 0.00 = EBIT TTM 5.84b / Avg Total Assets 1385.67b
(D) 0.02 = Book Value of Equity 26.59b / Total Liabilities 1312.37b
Total Rating: -2.75 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 42.73

1. Piotroski 5.0pt
2. FCF Yield -42.74%
3. FCF Margin -53.24%
4. Debt/Equity 1.96
5. Debt/Ebitda -0.37
6. ROIC - WACC (= -3.37)%
7. RoE 7.36%
8. Rev. Trend 56.15%
9. EPS Trend 25.71%

What is the price of DB shares?

As of November 27, 2025, the stock is trading at USD 35.48 with a total of 1,893,128 shares traded.
Over the past week, the price has changed by +2.54%, over one month by +4.54%, over three months by -3.64% and over the past year by +123.70%.

Is DB a buy, sell or hold?

Deutsche Bank has no consensus analysts rating.

What are the forecasts/targets for the DB price?

Issuer Target Up/Down from current
Wallstreet Target Price 42.6 20.1%
Analysts Target Price 42.6 20.1%
ValueRay Target Price 50.9 43.4%

DB Fundamental Data Overview November 26, 2025

Market Cap EUR = 64.63b (74.43b USD * 0.8684 USD.EUR)
P/E Trailing = 13.0241
P/E Forward = 8.9767
P/S = 2.1874
P/B = 0.7371
P/EG = 0.4444
Beta = 1.021
Revenue TTM = 54.69b EUR
EBIT TTM = 5.84b EUR
EBITDA TTM = 5.84b EUR
Long Term Debt = 113.77b EUR (from longTermDebt, last quarter)
Short Term Debt = 14.86b EUR (from shortLongTermDebt, last quarter)
Debt = 151.49b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -2.16b EUR (from netDebt column, last fiscal year)
Enterprise Value = 68.12b EUR (64.63b + Debt 151.49b - CCE 148.01b)
Interest Coverage Ratio = 0.19 (Ebit TTM 5.84b / Interest Expense TTM 30.16b)
FCF Yield = -42.74% (FCF TTM -29.11b / Enterprise Value 68.12b)
FCF Margin = -53.24% (FCF TTM -29.11b / Revenue TTM 54.69b)
Net Margin = 10.48% (Net Income TTM 5.73b / Revenue TTM 54.69b)
Gross Margin = 55.35% ((Revenue TTM 54.69b - Cost of Revenue TTM 24.42b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 49.23%)
Tobins Q-Ratio = 0.05 (Enterprise Value 68.12b / Total Assets 1391.25b)
Interest Expense / Debt = 4.66% (Interest Expense 7.05b / Debt 151.49b)
Taxrate = 25.60% (626.0m / 2.44b)
NOPAT = 4.34b (EBIT 5.84b * (1 - 25.60%))
Current Ratio = 0.30 (Total Current Assets 254.96b / Total Current Liabilities 862.10b)
Debt / Equity = 1.96 (Debt 151.49b / totalStockholderEquity, last quarter 77.38b)
Debt / EBITDA = -0.37 (Net Debt -2.16b / EBITDA 5.84b)
Debt / FCF = 0.07 (negative FCF - burning cash) (Net Debt -2.16b / FCF TTM -29.11b)
Total Stockholder Equity = 77.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.41% (Net Income 5.73b / Total Assets 1391.25b)
RoE = 7.36% (Net Income TTM 5.73b / Total Stockholder Equity 77.90b)
RoCE = 3.05% (EBIT 5.84b / Capital Employed (Equity 77.90b + L.T.Debt 113.77b))
RoIC = 2.04% (NOPAT 4.34b / Invested Capital 212.58b)
WACC = 5.42% (E(64.63b)/V(216.12b) * Re(9.99%) + D(151.49b)/V(216.12b) * Rd(4.66%) * (1-Tc(0.26)))
Discount Rate = 9.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.56%
Fair Price DCF = unknown (Cash Flow -29.11b)
EPS Correlation: 25.71 | EPS CAGR: 37.09% | SUE: 0.68 | # QB: 0
Revenue Correlation: 56.15 | Revenue CAGR: 2.97% | SUE: 0.02 | # QB: 0

Additional Sources for DB Stock

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