A month has gone by since the last earnings report for Deutsche Bank (DB) . Shares have added about 3.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Deutsche Bank due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Deutsche Bank Reports Q2 Loss on Lawsuit Provisio ...

Deutsche Bank (DB) has achieved notable progress in talks with claimants involved in the legal dispute regarding its takeover of Postbank and the compensation paid to former Postbank shareholders. The bank has reached settlement agreements with more than 80 claimants, who collectively make up nearly 60% of all claims in this lawsuit. These agreements are settled upon the bank's suggested price of €31 ($34.5) per share. Among the claimants who agreed to a settlement also represented about one-third of all cl ...

A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia.Deutsche Bank has reached settlements with nearly 60% of plaintiffs in a long-running case alleging the German lender underpaid for its acquisition of Postbank more than a decade ago.In a Wednesday statement, Deutsche Bank said it had reached agreements with more than 80 plaintiffs for a settlement of 31 euros ($34.53) per share, as proposed by the bank. This will allow Germany's largest lender ...

A Deutsche Bank branch in the financial district of Frankfurt, Germany, on May 6, 2022.A lawyer representing plaintiffs in a long-running case against Deutsche Bank on Friday slammed a proposed settlement from the German lender as a "late low ball" offer.The crux of the challenge against Deutsche Bank is that it underpaid for its acquisition of German retail banking giant Postbank in the late 2000s.Legal action over the multi-stage deal has been rumbling on since 2010. Claimants number in the hundreds in to ...

code6d Deutsche Bank Aktiengesellschaft (NYSE:DB) presents an exciting topic. Germany's largest lender released its second-quarter earnings results in July. Furthermore, it is in the midst of litigation and faces declining Euroregion interest rates. Moreover, Deutsche Bank possesses grossly undervalued price ratios, yet some have questioned its fundamental performance. Given the above, we considered revisiting our outlook on Deutsche Bank stock. We last covered the asset in March 2023, assigning a hold/ ...

franz12 Deutsche Bank Aktiengesellschaft (NYSE:DB) has reported a muted performance in Q2 2024, impacted by legacy issues related to the Postbank acquisition in 2010. Beyond that, its operating outlook is challenging due to the prospects of lower rates ahead and a potential decline in credit quality, making its risk-return profile quite challenging right now. As I’ve covered in previous articles, Deutsche Bank has not been one of my preferred European banks despite its low valuation compared to peers, a ...

Deutsche Bank (DB) plans to offload almost $1 billion of its U.S. commercial property loans to trim down commercial and real estate (CRE) loan exposure, per a Bloomberg report. The move comes as rising interest rates have weighed on profits in the bank’s real estate portfolio.The Frankfurt-based bank is marketing the loan book to secure some capital relief.Deutsche Bank is one of the largest lenders to U.S. commercial real estate developers and especially offices. As of Jun 30, 2024, DB’s loan portfolio com ...

Deutsche Bank (DB) looks like an attractive investment option now. The company is well positioned for future growth given its solid balance sheet and liquidity position, along with a stable deposit balance.Analysts seem optimistic regarding the company’s earnings growth prospects. In the past 60 days, the Zacks Consensus Estimate for DB’s 2024 earnings has been revised 3.2% upward. DB currently carries a Zacks Rank #2 (Buy).Mentioned below are a few factors that make DB stock worth betting on right now:Reve ...

Deutsche Bank AG (NYSE:DB) Q2 2024 Earnings Conference Call July 24, 2024 5:00 AM ET Company Participants Ioana Patriniche - Head, Investor Relations Christian Sewing - CEO James von Moltke - President & CFO Conference Call Participants Chris Hallam - Goldman Sachs Group Nicolas Payen - Kepler Cheuvreux Anke Reingen - RBC Capital Markets Kian Abouhossein - JPMorgan Chase & Co. Tom Hallett - KBW Giulia Aurora Miotto - Morgan Stanley Mate Nemes - UBS Stefan Stalmann - Autonomous Research Matthew Clark - Medio ...

Deutsche Bank (DB) reported a second-quarter 2024 loss attributable to its shareholders of €143 million ($155.6 million) against the year-ago reported profit attributable to shareholders of €763 million ($830.7 million). The Germany-based lender reported a profit before tax of €411 million ($477.5 million), down 71% year over year. Excluding a provision of €1.3 billion ($1.41 billion) for litigation related to the Postbank takeover, the bank reported a profit before tax of €1.7 billion ($1.9 billion).Result ...