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 ...

| --- | --- | |---------------------------------------|--------------| | | Exhibit 99.1 | | Deutsche Bank | Z | | | | | Interim Reportas of June 30, 2024 | | | | | | | | | | | | | | Deutsche Bank Interim Report as of Content Management report 4 Global economy 4 Banking industry 5 Strategy 6 Group results 9 Group results at a glance 13 Segment results 14 Financial position 23 Outlook 26 Risks and Opportunities 31 Risks 31 Opportunities 35 Risk information 36 Additional information 49 Management and Superviso ...

Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K.Germany's largest lender Deutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank division.Net loss attributable to shareholders was 143 million euros ($155.1 million), against an LSEG poll of analysts which had predicted a loss of 145 million euros.Back in April, the bank had posted a 10% hike in first-quarter profit, smashing e ...

The market expects Deutsche Bank (DB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they mi ...

Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the German regulator BaFin said on Tuesday."The declarations on deferred tax assets in the consolidated financial statement were not complete," the regulator, known formally as the Federal Financial Supervisory Authority, said in a statement translated by CNBC.It said that 2.076 billion euros ($2.26 billion) worth of deferred tax assets had not been disclosed separat ...

Deutsche Bank AG (DB) has acquired loans worth €1.67 billion ($1.77 billion) from Norddeutsche Landesbank’s (“NORD/LB”) aircraft financing portfolio of €2.75 billion. The deal is expected to close in the second half of 2024, subject to approval from the antitrust authorities.The purchase price of the deal has been kept under wraps.The loans were acquired through a competitive bidding process and are backed by commercial passenger aircraft.The loan portfolio is being taken over by DB’s Global Credit Financin ...

Deutsche Bank (DB) expanded its collaboration with Bitpanda to offer real-time payment solutions for incoming and outgoing transactions for users in Germany. This API-based account solution will give Bitpanda access to German IBANs, streamlining and improving the user experience while ensuring confidence, speed and efficiency.Bitpanda is a regulated multi-asset broker platform providing more than 2,800 selected virtual assets and indices as well as stocks, ETFs and commodities to retail investors.The deal w ...

Deutsche Bank AG (DB) benefits from a strong balance sheet position and revenue growth. Its strong liquidity profile aids sustainable capital distribution activities. However, a rise in expenses and a deterioration in credit quality are concerning.Deutsche Bank continues to benefit from its deposit balance. The metric has witnessed a 2% CAGR over the last five years (ending in 2023) and the trend continued in the first quarter of 2024. Furthermore, the bank benefits from a diverse deposit base that spans mu ...