The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024.Deutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase.Analysts had forecast a result of 1.23 billion euros for the period, according to LSEG data.Revenue rose 1% year-on-year to 7.8 billion euros, which it attributed to growth in commissions and fee income.Germany's biggest lender reported ...

Key TakeawaysShares of Tesla slid to their lowest level in more than a year on Thursday after Deutsche Bank analysts downgraded the stock and lowered their price target by 35%, citing its "thesis-changing" pivot to robotaxis.The company has reportedly put plans for a low-cost, mass-market model on the back burner to focus on developing a fleet of self-driving taxis.Tesla has struggled to compete with Chinese rivals and maintain growth amid soaring costs and sluggish demand for electric vehicles (EVs). Tesla ...

Core Viewpoint - Deutsche Bank is positioned well to continue its trend of beating earnings estimates, with a strong history of surpassing expectations in recent quarters [1][2]. Earnings Performance - Deutsche Bank has exceeded earnings estimates by an average of 54.84% over the last two quarters [1]. - In the most recent quarter, the bank reported earnings of $0.72 per share, surpassing the expected $0.37 per share by 94.59% [1]. - For the previous quarter, Deutsche Bank's earnings of $0.61 per share exceeded the consensus estimate of $0.53 per share, resulting in a surprise of 15.09% [1]. Earnings Estimates and Predictions - Estimates for Deutsche Bank have been trending higher, influenced by its history of earnings surprises [2]. - The stock has a positive Zacks Earnings ESP of +5.26%, indicating that analysts have recently become more optimistic about the company's earnings prospects [3]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [2][3]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [3]. - A positive Earnings ESP enhances the predictive power of earnings estimates, while a negative value does not necessarily indicate an earnings miss [3]. Stock Movement Considerations - Beating consensus EPS estimates is not the only factor influencing stock price movements; some stocks may remain stable even if they miss estimates [4]. - Utilizing the Earnings ESP Filter can help identify the best stocks to buy or sell prior to earnings reports [4].

Group 1: Core Insights - Embedded finance is transforming various industries, including retail and logistics, by integrating payments into evolving business models [1][2] - The role of CFOs and treasurers is changing as transactions become a strategic focus, enhancing customer retention and experience [1][2] - Companies are shifting towards direct-to-consumer (D2C) sales models and open platforms, which are becoming marketplaces [2][3] Group 2: Banking Integration - Banks, including Deutsche Bank, are facilitating the integration of payments into platforms through application programming interfaces (APIs) [3] - Banking services are becoming more accessible for client firms, allowing for strategic discussions on product design while maintaining compliance and risk management [3][4] - Deutsche Bank has transformed its systems into an API-accessible orchestration layer, enabling modularized services [3] Group 3: B2B Payment Transformation - B2B payments are being modernized as small business owners seek an eCommerce-like experience, expecting streamlined user experiences [5] - The digitization of manual processes is improving operations from invoicing to payments, leading to a B2B future with financing offers for recurring clients [5][6] - Strategic integration with clients and partners is enhanced through embedded finance, making companies more effective [6]

As filed with the Securities and Exchange Commission on March 14, 2024 UNITED STATES SECURITIES EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COMPANY REPORT PURSUANT TO ...

Deutsche Bank has upgraded its rating on Glencore PLC (LSE:GLEN) stock from hold to buy with a 540p price target. Liam Fitzpatrick, head of metal and mining equity research at Deutsche Bank, commented: “We expect the market focus to shift towards the upcoming completion of the EVR acquisition and a decision on whether or not to proceed with the CoalCo demerger. “We believe there is a growing chance that the planned separation is deferred and, if so, Glencore will again become the leading cash generator in t ...

Core Viewpoint - Deutsche Bank AG has announced a new share buyback program authorized by the European Central Bank, allowing the repurchase of shares up to €675 million, which is 50% higher than the previous program completed in 2023 [1][2] Group 1: Share Buyback Program - The new share buyback program will commence on March 4, 2024, and is set to be completed by July 23, 2024 [1] - The previous buyback program in 2023 involved repurchasing 45.5 million shares at a weighted average price of €9.88 per share [1] Group 2: Capital Distribution and Dividends - Deutsche Bank plans to enhance shareholder value through dividends and share buybacks, with a projected dividend of 45 cents per share for 2023 [2] - Total capital distributions to shareholders are expected to reach €1.6 billion in 2024 and €3.3 billion in 2022, with over €1 billion returned in 2023 [2] - Management emphasizes that substantial capital distributions are a key part of their Global Hausbank strategy, aiming to exceed the €8 billion distribution goal set for 2022-2026 [2] Group 3: Stock Performance - Deutsche Bank shares have increased by 9.1% on the NYSE over the past three months, outperforming the industry growth of 5.4% [3] - The company currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence [3]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...

Direct Line’s apparent rejection of the 233p per share offer from Belgian group Ageas is a surprise suggest analysts at Deutsche Bank, though suggests they expect a better offer. At the price, the bid was a 43% premium to the previous night’s close and implied a value of £3.1 billion. “We are not surprised that there could be interest - it has been mulled as a target, notwithstanding wider consolidation in the UK P&C space,” said the bank. “We value the shares at 250p, and even without a takeover bid, we li ...

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Lotus Technology Inc. Lotus Technology Inc. (NASDAQ: LOT) is a leading global luxury electric vehicle maker dedicated to delivering sustainable luxury mobility via research and development of proprietary next-generation technologies, including in autonomous driving, lightweight engineering, and high-performance architectures.* In addition to specializing in administeri ...