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DB

Deutsche Bank AG

DB

Deutsche Bank AG NYSE
$35.57 0.25% (+0.09)

Market Cap $68.51 B
52w High $38.78
52w Low $16.60
Dividend Yield 0.77%
P/E 12.22
Volume 1.35M
Outstanding Shares 1.93B

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $15.027B $4.977B $1.687B 11.226% $0.68 $2.421B
Q1-2025 $16.367B $5.236B $1.968B 12.024% $0.91 $2.837B
Q4-2024 $15.267B $6.19B $303M 1.985% $0.1 $582M
Q3-2024 $16.589B $4.725B $1.633B 9.844% $0.74 $2.262B
Q2-2024 $17.226B $6.711B $8M 0.046% $-0.072 $411M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $185.476B $1.398T $1.32T $76.395B
Q1-2025 $201.353B $1.417T $1.335T $80B
Q4-2024 $187.89B $1.387T $1.308T $77.826B
Q3-2024 $191.16B $1.38T $1.304T $74.914B
Q2-2024 $196.034B $1.351T $1.276T $73.686B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $2.07B $0 $0 $0 $0 $0
Q1-2025 $1.968B $0 $0 $0 $0 $0
Q4-2024 $303M $0 $0 $0 $0 $0
Q3-2024 $1.633B $0 $0 $0 $0 $0
Q2-2024 $8M $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Deutsche Bank’s profitability has clearly improved compared with a few years ago, moving from very thin profits to more solid earnings. Revenue and core operating profits have generally trended higher, although results have been somewhat volatile from year to year, which is typical for a bank with large trading and investment operations. Net income and earnings per share show that the restructuring of the business has largely taken hold, but they are still not on a smooth upward path, indicating that the earnings base is stronger than before yet still exposed to swings in markets and the economic cycle.


Balance Sheet

Balance Sheet The balance sheet looks steadier and stronger than it did several years ago. Total assets have held broadly stable, while the bank has gradually built up its equity base, suggesting improved capital strength and a thicker cushion to absorb potential shocks. Debt levels have stayed relatively controlled compared with the overall size of the balance sheet. Cash balances move around but remain substantial, which is normal for a large, globally active bank. Overall, the figures point to a more resilient balance sheet, though still reliant on confidence in funding markets and regulation staying supportive.


Cash Flow

Cash Flow Cash flow is choppy, which is not unusual for a bank. Operating cash flows swing between strongly positive and negative, reflecting movements in loans, deposits, and trading assets rather than simple business health. Free cash flow follows the same pattern, while spending on technology and physical assets remains quite modest and stable. In banking, these cash swings need to be interpreted with care: they say more about balance sheet flows in a given year than about the underlying profitability trend, which has been improving.


Competitive Edge

Competitive Edge Deutsche Bank is a flagship German bank with a long history, deep corporate relationships, and a broad international footprint, especially in Europe. Its mix of corporate banking, investment banking, retail banking, and asset management allows it to offer a full suite of services to large clients, which strengthens loyalty but also adds complexity. The “Global Hausbank” positioning and strong presence in euro-denominated markets are clear competitive advantages. At the same time, it competes in crowded, heavily regulated arenas against both large global banks and nimble fintechs, so margins and market share are constantly under pressure. Its recent strategic overhaul has improved its standing, but its reputation and risk management track record remain areas investors and regulators watch closely.


Innovation and R&D

Innovation and R&D The bank is leaning heavily into technology to modernize its operations and differentiate itself. The partnership with Google Cloud, broad use of artificial intelligence, and investment in its Autobahn electronic trading platform all aim to improve client experience and cut costs. Its experiments with blockchain, digital asset tokenization, and regulated digital platforms could open new fee-based revenue streams if they scale successfully. In parallel, Deutsche Bank is positioning itself as a leader in sustainable and transition finance, building frameworks and products to support clients as they decarbonize. The main risk is execution: turning these promising initiatives into consistent, large-scale, and compliant revenue lines will take time, regulatory clarity, and disciplined delivery.


Summary

Deutsche Bank today looks more stable and profitable than it did five years ago, reflecting a significant restructuring effort and tighter cost and risk controls. Earnings have improved meaningfully, capital levels have gradually strengthened, and the business mix is now more focused. However, results remain somewhat volatile, and as a large, complex European bank, it is still sensitive to credit cycles, interest rates, regulation, and financial market conditions. Strategically, the bank is betting on technology, data, and sustainable finance to secure its future competitive position. The overall picture is of a bank that has repaired many of its past weaknesses and built a stronger foundation, but whose long-term success will hinge on consistent execution of its innovation and growth plans amid a demanding regulatory and competitive environment.