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Deutsche Bank DB

US equityMarket cap rank #246
$35.57
−$0.31 (-0.85%)
Market open · Sep 24, 2:00 pm ET
After hours $35.84 -0.08%
Open$35.56
Prev close$35.87
Day range$35.16 – $35.70
Volume1.69M
Market cap$66.83B
P/E (TTM)10.4
Dividend yield3.21%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026 · reported in EUR

Revenue€8.48B+8.4% YoY
Net profit€1.91B+9.9% YoY
Diluted EPS€0.85+14.5% YoY
Free cash flow-€12.70B-163.8% YoY
Operating cash flow-€12.57B

Revenue, last 8 quarters

€7.5BSep '24€7.2BDec '24€8.5BMar '25€7.8BJun '25€8.0BSep '25€7.7BDec '25€8.7BMar '26€8.5BJun '26

Net profit, last 8 quarters

€1.7BSep '24€337.0MDec '24€2.0BMar '25€1.7BJun '25€1.8BSep '25€1.6BDec '25€2.2BMar '26€1.9BJun '26

Diluted EPS by quarter

0.72Sep '240.10Dec '240.89Mar '250.74Jun '250.78Sep '250.67Dec '250.98Mar '260.85Jun '26

Free cash flow by quarter

€-21.0BSep '16€61.4BDec '16€-2.9BMar '17€44.4BJun '17€-22.3BSep '17€19.9BDec '17€-7.1BSep '18€-12.7BDec '18

Annual revenue

€24.0BFY20€25.3BFY21€26.7BFY22€28.9BFY23€30.0BFY24€32.1BFY25

Profitability & balance sheet

Net margin19.7%
Return on equity8.3%
Return on assets0.4%
Liabilities / assets94.7%
Cash & investments€140.45B
Total debt€136.20B
Net cash (debt)€4.24B
Free cash flow / sales83.8%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Investment Bank€3.19B 37.6%
  • Private Bank€2.57B 30.3%
  • Corporate Bank€1.91B 22.5%
  • Asset Management€756.00M 8.9%
  • Corporate & Other€65.00M 0.8%

This company reports in its own local currency, not U.S. dollars. Every figure below is labeled with its real currency, not automatically converted.

Income statement

Line item 2026 Q2
(EUR)
2026 Q1
(EUR)
2025 ANNUAL
(EUR)
2025 Q4
(EUR)
2025 Q3
(EUR)
Total Operating Revenue €8.48B €8.67B €32.10B €7.71B €8.02B
Net Interest Income €4.55B €4.20B €15.69B €4.27B €3.92B
-Interest Income €11.15B €10.82B €44.46B €10.95B €10.97B
-Interest Expense €6.60B €6.62B €28.77B €6.69B €7.05B
Non-Interest Income €3.93B €4.46B €16.41B €3.44B €4.11B
-Fees and Commissions €2.29B €2.81B €9.05B €970.00M €2.65B
-Trading Gain Loss €1.49B – €5.34B – –
-Investment Banking Profit €567.00M – €1.84B – –
-Other Non-Interest Income -€401.00M -€87.00M €50.00M -€318.00M -€34.00M
-Gain Loss on Sale of Assets -€20.00M €1.74B €118.00M -€4.40B €1.49B
Credit Losses Provision -€460.00M -€519.00M -€1.71B -€395.00M -€417.00M
Non-Interest Expense €5.27B €5.02B €20.29B €5.13B €5.04B
Selling and Admin Expenses €5.27B €5.11B €18.21B €2.85B €5.18B
-General & Admin Expense €5.27B €5.11B €18.02B €2.66B €5.18B
Other Income (Expense) -€62.00M -€83.00M -€369.00M -€156.00M -€126.00M
Income from Associates & Other Participating Interests €4.00M €7.00M -€6.00M €13.00M €19.00M
Special Income (Charges) -€66.00M -€90.00M -€363.00M -€169.00M -€145.00M
-Less:Restructuring and Mergern & Acquisition -€1.00M €1.00M €183.00M €17.00M €49.00M
-Less:Impairment of Capital Assets €0.00 €0.00 €0.00 €0.00 €0.00
-Less:Other Special Charges €67.00M €89.00M €180.00M €152.00M €96.00M
Pretax Profit €2.68B €3.04B €9.73B €2.03B €2.45B
Tax €774.00M €867.00M €2.59B €453.00M €626.00M
Net Profit €1.91B €2.17B €7.14B €1.57B €1.82B
Profit from Continuing Operations €1.91B €2.17B €7.14B €1.57B €1.82B
Minority Interests €55.00M €55.00M €208.00M €72.00M €46.00M
Net Income to Parent Company €1.85B €2.12B €6.93B €1.50B €1.77B
Other Preferred Stock Dividends €210.00M €206.00M €760.00M €155.00M €209.00M
Net Income to Common Stockholders €1.64B €1.91B €6.17B €1.35B €1.56B
Basic EPS €0.86 €0.99 €3.16 €0.67 €0.80
Diluted EPS €0.85 €0.98 €3.09 €0.67 €0.78
Dividend Per Share €1.00 €0.00 €0.68 €0.00 €0.00
Total Revenue as Reported – €8.67B €32.10B €7.73B €8.04B
Other Non-Interest Expenses – -€89.00M -€50.00M €147.00M -€143.00M
-Total Premiums Earned – – €17.00M – –
Occupancy and Equipment – – €1.46B – –
Professional Expense and Contract Services Expense – – €671.00M – –
-Selling & Marketing Expense – – €195.00M – –

Balance sheet

Line item 2026 Q2
(EUR)
2026 Q1
(EUR)
2025 ANNUAL
(EUR)
2025 Q4
(EUR)
2025 Q3
(EUR)
Total Assets €1.52T €1.48T €1.44T €1.44T €1.39T
Cash, Cash Equivalents & Federal Funds Sold €184.58B €189.37B €306.06B €306.06B €183.72B
-Cash and Cash Equivalents €140.45B €149.87B €171.62B €171.62B €148.01B
-Money Market Investments €44.14B €39.51B €134.44B €134.44B €35.72B
Securities Investment €367.52B €345.57B €228.17B €228.17B €314.70B
-Trading Securities €176.59B €172.47B €141.01B €141.01B €161.77B
-Available for Sale Securities €142.39B €126.10B €49.07B €49.07B €110.87B
-Short Term Investments €48.54B €47.01B €38.08B €38.08B €42.06B
Long Term Equity Investment €984.00M €996.00M €924.00M €924.00M €921.00M
Derivative Assets €275.75B €271.40B €241.33B €241.33B €232.07B
Securities Lent €6.00M €6.00M €16.52B €16.52B €24.00M
Net Loan €484.61B €479.73B €493.22B €493.22B €469.87B
-Gross Loan €490.91B €486.06B €499.27B €499.27B €475.73B
-Allowance for Loans and Lease Losses €6.30B €6.33B €6.05B €6.05B €5.86B
Receivables €1.57B €1.60B €111.58B €111.58B €1.44B
-Other Receivables €1.57B €1.60B €1.61B €1.61B €1.44B
Net PPE €5.86B €5.93B €5.92B €5.92B €6.01B
Goodwill and Other Intangible Assets €7.84B €7.75B €7.56B €7.56B €7.50B
Deferred Assets €6.29B €6.42B €6.54B €6.54B €6.73B
Other Assets €186.48B €174.25B €17.21B €17.21B €168.26B
Total Liabilities €1.44T €1.40T €1.35T €1.35T €1.31T
Total Deposits €698.19B €686.66B €691.83B €691.83B €662.96B
Federal Funds Purchased and Securities Sold Under Agreement to Repurchase €3.69B €2.22B €90.35B €90.35B €3.20B
Derivative Product Liabilities €260.11B €253.47B €225.78B €225.78B €213.58B
Short-Term Debt and Capital Lease Obligation €24.85B €24.26B €18.20B €18.20B €14.86B
-Current Debt €24.85B €24.26B €18.20B €18.20B €14.86B
Derivative liabilities €2.00M €2.00M €2.00M €2.00M €2.00M
Trading Liabilities €192.38B €171.51B €44.46B €44.46B €157.91B
Payables €936.00M €839.00M €112.86B €112.86B €932.00M
-Total Tax Payable €936.00M €839.00M €694.00M €694.00M €932.00M
Long Term Debt and Capital Lease Obligation €111.35B €113.16B €146.25B €146.25B €113.77B
-Long Term Debt €111.35B €113.16B €142.06B €142.06B €113.77B
Non-Current Liabilities €2.16B €2.31B €2.41B €2.41B €2.39B
Non-Current Deferred Liabilities €669.00M €665.00M €623.00M €623.00M €604.00M
Convertible preferred securities €283.00M €282.00M €283.00M €283.00M €284.00M
Other Liabilities €146.46B €148.01B €21.82B €21.82B €141.88B
Total Equity €80.40B €79.65B €80.20B €80.20B €78.88B
Stockholders' Equity €78.82B €78.01B €78.64B €78.64B €77.38B
Capital Stock €4.89B €4.89B €4.89B €4.89B €4.99B
-Common Stock €4.89B €4.89B €4.89B €4.89B €4.99B
Additional Paid-In Capital €37.76B €37.62B €38.28B €38.28B €38.96B
Retained Earnings €29.25B €30.12B €28.10B €28.10B €26.59B
Less: Treasury Stock €841.00M €772.00M €185.00M €185.00M €942.00M
Gains/Losses Not Affecting Retained Earnings -€4.06B -€4.33B -€4.15B -€4.15B -€4.07B
Other Equity Interests €11.82B €10.49B €11.71B €11.71B €11.86B
Minority Interests €1.58B €1.63B €1.56B €1.56B €1.50B
-Accounts Receivable – – €109.97B €109.97B –
-Gross PPE – – €13.51B €13.51B –
-Accumulated Depreciation – – -€7.59B -€7.59B –
-Goodwill – – €2.74B €2.74B –
-Other Intangible Assets – – €4.83B €4.83B –
Assets Held for Sale – – €35.00M €35.00M –
-Accounts Payable – – €112.17B €112.17B –
-Long Term Capital Lease Obligation – – €4.19B €4.19B –
Liabilities of Discontinued Operations – – €0.00 €0.00 –

Cash flow

Line item 2025 ANNUAL
(EUR)
2024 ANNUAL
(EUR)
2023 ANNUAL
(EUR)
2022 ANNUAL
(EUR)
2021 ANNUAL
(EUR)
Operating Cash Flow €47.06B -€28.58B €5.61B -€2.11B -€2.95B
Net cash flow from continuing operations €47.06B -€28.58B €5.61B -€2.11B -€2.95B
Net Income from Continuing Operations €7.14B €3.51B €4.89B €5.66B €2.51B
Gain/Loss from Continuing Operations -€57.00M -€72.00M €23.00M -€1.00M -€473.00M
Deferred Tax €837.00M €473.00M -€553.00M -€852.00M €19.00M
Other Non-Cash Items -€15.00M -€4.00M €218.00M -€117.00M €262.00M
Change in Working Capital €34.65B -€37.70B -€3.59B -€11.56B -€9.35B
-Change in Loans €8.99B -€31.28B €381.00M -€24.29B -€50.49B
-Change in Other Current Assets -€52.23B €13.99B -€1.38B -€459.00M €8.05B
-Change in Other Current Liabilities €48.76B -€19.80B €777.00M €12.38B -€17.82B
-Change in Other Working Capital €29.13B -€613.00M -€3.36B €813.00M €50.91B
Net cash flow from investing -€26.31B -€6.78B -€2.58B -€17.18B €23.60B
Net Cash Flow from Continuing Investing Activities -€26.31B -€6.78B -€2.58B -€17.18B €23.60B
Net PPE Purchase and Sale -€425.00M -€508.00M -€389.00M -€315.00M -€436.00M
Net Business Purchase and Sale €0.00 €3.00M -€361.00M €439.00M -€5.00M
Net Investment Purchase and Sale -€24.45B -€4.90B -€439.00M -€16.21B €25.05B
Net Other Investing Changes -€1.44B -€1.37B -€1.39B -€1.09B -€1.01B
Financing Cash Flow -€6.83B -€646.00M -€2.85B €614.00M €1.63B
Net Cash Flow from Continuing Financing Activities -€6.84B -€647.00M -€2.85B €614.00M €1.63B
Net Issuance Payments of Debt -€3.17B -€685.00M -€573.00M €2.02B €425.00M
Net Common Stock Issuance -€1.62B -€1.13B -€857.00M -€695.00M -€311.00M
Net Preferred Stock Issuance -€6.00M -€6.00M -€225.00M €0.00 -€504.00M
Cash Dividends Paid -€1.32B -€883.00M -€610.00M -€406.00M €0.00
Net Other Financing Activities -€725.00M €2.05B -€587.00M -€304.00M €2.02B
Ending Cash Balance €138.28B €130.67B €163.77B €165.63B €179.95B
Net Change in Cash €13.92B -€36.01B €178.00M -€18.67B €22.27B
Beginning Cash Balance €130.67B €163.77B €165.63B €179.95B €156.33B
Effect of Exchange Rate Changes -€6.31B €2.91B -€2.04B €4.35B €1.35B
Free Cash Flow €46.62B -€29.11B €5.18B -€2.45B -€3.50B
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