Financials Deutsche Bank AG

Equities

Market Closed - Xetra Other stock markets 11:38:57 2025-04-17 am EDT			5-day change	1st Jan Change
20.68 ^EUR	-0.67%		+7.49%	+24.25%

Apr. 17	Chagee Shares Rise in Nasdaq Debut	MT
Apr. 17	ECB cuts rates on weak growth, markets bet on more easing	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	31,743	32,510	33,310
Change	-	5.75%	7.08%	6.13%	4.2%	5.49%	2.42%	2.46%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	2,812	3,905	6,820	7,184	7,121	10,565	10,861	11,066
Change	-	38.87%	74.65%	5.34%	-0.88%	48.36%	2.81%	1.89%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	1,021	3,390	5,594	5,678	5,291	8,734	9,244	9,653
Change	-	232.03%	65.01%	1.5%	-6.82%	65.08%	5.84%	4.43%
Net income ¹	113	1,940	5,025	4,212	2,700	5,513	5,868	6,174
Change	-	1,616.81%	159.02%	-16.18%	-35.9%	104.17%	6.45%	5.2%
Announcement Date	2/4/21	1/27/22	2/2/23	2/1/24	1/30/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q1	2020 Q2	2020 Q3	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
Net sales ¹	6,218	6,342	5,938	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	8,300	7,938	7,743	7,809
Change	-	1.99%	-6.37%	-8.17%	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%	14.89%	-4.36%	-2.45%	0.85%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	580	975	755	426	1,659	1,240	671	336	-	-	-	1,126	2,223	1,807	-	-	-	-	-	-	-	-	-	-
Change	-	68.1%	-22.56%	-43.58%	289.44%	-25.26%	-45.89%	-49.93%	-100%	-	-	-	97.42%	-18.71%	-100%	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	74	213	482	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	2,580	2,275	2,069	1,748
Change	-	187.84%	126.29%	-63.69%	808%	-26.68%	-52.45%	-85.2%	1,921.95%	-100%	-	-52.01%	138.97%	-24.14%	22.63%	-59.49%	191.69%	-79.81%	450.36%	-74.23%	342.57%	-11.84%	-9.02%	-15.53%
Net income ¹	-27	-295.5	278	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	1,572	1,182	1,072	1,664
Change	-	994.59%	-	-81.65%	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%	-	-	-93.16%	1,472.34%	-24.84%	-9.33%	55.27%
Announcement Date	4/29/20	7/29/20	10/28/20	2/4/21	4/28/21	7/28/21	10/27/21	1/27/22	4/27/22	7/27/22	10/26/22	2/2/23	4/27/23	7/26/23	10/25/23	2/1/24	4/25/24	7/24/24	10/23/24	1/30/25	-	-	-	-

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	-20,076	-17,455	-14,838
Change	-	296.11%	-155.18%	-212.34%	-151.96%	-169.56%	-186.94%	-185.01%
Announcement Date	2/4/21	1/27/22	2/2/23	2/1/24	1/30/25	-	-	-

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	3/20/20	3/12/21	3/11/22	3/18/23	3/14/24	3/13/25

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%	33.28%	33.41%	33.22%
EBT Margin (%)	4.25%	13.34%	20.56%	19.66%	17.58%	27.52%	28.43%	28.98%
Net margin (%)	0.47%	7.63%	18.47%	14.58%	8.97%	17.37%	18.05%	18.53%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	0.01%	0.15%	0.38%	0.32%	0.25%	0.41%	0.44%	0.42%
ROE	0.2%	3.8%	8%	6.7%	4.2%	8.29%	8.53%	8.64%
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	0.45	0.9938	1.135	1.239
Change	-	-	50%	0%	50%	120.86%	14.25%	9.16%
Book Value Per Share ¹	26.04	27.62	29.74	31.64	33.41	35.37	37.89	40.4
Change	-	6.07%	7.68%	6.39%	5.59%	5.88%	7.12%	6.63%
EPS ¹	0.07	0.93	2.37	2.03	1.37	2.686	2.996	3.245
Change	-	1,228.57%	154.84%	-14.35%	-32.51%	96.09%	11.54%	8.3%
Nbr of stocks (in thousands)	2,064,500	2,065,073	2,037,200	1,991,282	1,943,900	1,946,705	1,946,705	1,946,705
Announcement Date	2/4/21	1/27/22	2/2/23	2/1/24	1/30/25	-	-	-