Financials Deutsche Bank AG

Equities

Market Closed - Xetra Other stock markets 10:05:25 11/02/2026 pm IST			Pre-market 11:50:35 am
31.29 ^EUR	-0.78%		31.58	+0.93%

06:24am	US judge says Bank of America's alleged 'reckless disregard' supports Epstein lawsuit	RE
12/02	'Likes to have cash': Inside Deutsche Bank's slow split from Epstein	RE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	24,028	25,410	27,210	28,879	30,092	32,096	33,059	34,385
Change	-	5.75%	7.08%	6.13%	4.2%	6.66%	3%	4.01%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	2,812	3,905	6,820	7,184	7,121	11,437	11,815	12,866
Change	-	38.87%	74.65%	5.34%	-0.88%	60.61%	3.31%	8.89%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	1,021	3,390	5,594	5,678	5,291	9,731	10,363	11,444
Change	-	232.03%	65.01%	1.5%	-6.82%	83.92%	6.5%	10.43%
Net income ¹	113	1,940	5,025	4,212	2,700	6,122	6,614	7,447
Change	-	1,616.81%	159.02%	-16.18%	-35.9%	126.74%	8.04%	12.59%
Announcement Date	04/02/21	27/01/22	02/02/23	01/02/24	30/01/25	29/01/26	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	5,453	7,233	6,238	6,040	5,900	7,328	6,650	6,918	6,315	7,680	7,409	7,132	6,658	7,779	7,589	7,501	7,224	8,524	7,804	8,043	7,726	8,658	8,220	8,266	7,891
Change	-	32.64%	-13.76%	-3.17%	-2.32%	24.2%	-9.25%	4.03%	-8.72%	21.62%	-3.53%	-3.74%	-6.65%	16.84%	-2.44%	-1.16%	-3.69%	18%	-8.45%	3.06%	-3.94%	12.06%	-5.06%	0.55%	-4.54%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	426	1,659	1,240	671	336	-	-	-	1,126	2,223	1,807	-	-	-	-	-	-	-	-	2,863	-	-	-	-	-
Change	-	289.44%	-25.26%	-45.89%	-49.93%	-	-	-	-	97.42%	-18.71%	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	175	1,589	1,165	554	82	1,658	-	1,615	775	1,852	1,405	1,723	698	2,036	411	2,262	583	2,837	2,421	2,445	2,027	2,784	2,691	2,494	2,282
Change	-	808%	-26.68%	-52.45%	-85.2%	1,921.95%	-	-	-52.01%	138.97%	-24.14%	22.63%	-59.49%	191.69%	-79.81%	450.36%	-74.23%	386.62%	-14.66%	0.99%	-17.1%	37.37%	-3.37%	-7.3%	-8.49%
Net income ¹	51	908	692	306	145	1,060	1,046	1,115	1,803	1,158	763	1,031	1,260	1,275	-143	1,461	100	1,775	1,485	1,564	1,298	2,231	1,858	1,994	1,677
Change	-	1,680.39%	-23.79%	-55.78%	-52.61%	631.03%	-1.32%	6.6%	61.7%	-35.77%	-34.11%	35.12%	22.21%	1.19%	-111.22%	1,121.68%	-93.16%	1,675%	-16.34%	5.32%	-17.01%	71.9%	-16.74%	7.34%	-15.89%
Announcement Date	04/02/21	28/04/21	28/07/21	27/10/21	27/01/22	27/04/22	27/07/22	26/10/22	02/02/23	27/04/23	26/07/23	25/10/23	01/02/24	25/04/24	24/07/24	23/10/24	30/01/25	29/04/25	24/07/25	29/10/25	29/01/26	-	-	-	-

¹EUR in Million

Estimates

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-22,622	89,607	-49,445	-55,546	-28,860	-38,663	-28,907	-26,118
Change	-	496.11%	-155.18%	-12.34%	48.04%	-33.97%	-178.62%	9.65%
Announcement Date	04/02/21	27/01/22	02/02/23	01/02/24	30/01/25	29/01/26	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	327	512	550	337	422	528
Change	-	56.57%	7.42%	-38.73%	25.22%	25.12%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	20/03/20	12/03/21	11/03/22	18/03/23	14/03/24	13/03/25

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-
EBIT Margin (%)	11.7%	15.37%	25.06%	24.88%	23.66%	35.63%	35.74%	37.42%
EBT Margin (%)	4.25%	13.34%	20.56%	19.66%	17.58%	30.32%	31.35%	33.28%
Net margin (%)	0.47%	7.63%	18.47%	14.58%	8.97%	19.07%	20.01%	21.66%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	0.01%	0.15%	0.38%	0.32%	0.25%	0.45%	0.46%	0.5%
ROE	0.2%	3.8%	8%	6.7%	4.2%	9.3%	9.57%	10.28%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	14.16	-1.377	-	-	-	-	-	-
Change	-	-109.72%	-	-	-	-	-	-
Dividend per Share ¹	-	0.2	0.3	0.3	0.68	0.68	1.147	1.313
Change	-	-	50%	0%	126.67%	0%	14.65%	14.53%
Book Value Per Share ¹	26.04	27.62	29.74	31.64	33.41	34.51	36.42	39.09
Change	-	6.07%	7.68%	6.39%	5.59%	3.29%	7%	7.32%
EPS ¹	0.07	0.93	2.37	2.03	1.37	3.064	3.355	3.912
Change	-	1,228.57%	154.84%	-14.35%	-32.51%	123.66%	12.63%	16.61%
Nbr of stocks (in thousands)	20,64,500	20,65,073	20,37,200	19,91,282	19,43,900	19,02,579	19,02,579	19,02,579
Announcement Date	04/02/21	27/01/22	02/02/23	01/02/24	30/01/25	29/01/26	-	-