Deutsche Bank(NYSE:DB)

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, and securities service...
Website: http://www.db.com
Founded: 1870
Full Time Employees: 86,984
CEO: Christian Sewing
Sector: Financial Services
Industry: Banks-Regional
• Market Cap:
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• Shs Outstanding:
• Employees:
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• P/E ttm low:
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2019-06-30 | 2018-10-24 | 2018-04-26 | 2017-10-26 | 2017-07-27 | 2017-07-25 | 2017-04-27 | 2016-10-27 | 2016-07-27 | 2016-04-28 | 2015-10-29 | 2015-07-30 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2006-12-31 | 2005-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
interest and similar income1 | 6,805 | |||||||||||||||||
interest expense | 3,174 | 2,711 | 3,293 | 2,421 | 2,522 | 3,249 | 3,071 | 2,834 | 3,029 | 2,108 | 2,968 | 2,815 | ||||||
net interest income | 3,630 | 3,356 | 2,913 | 3,387 | 3,108 | 3,429 | 3,067 | 3,525 | 3,693 | 3,924 | 3,693 | 4,122 | ||||||
provision for credit losses | 161 | 90 | 88 | 184 | 79 | 95 | 133 | 327 | 259 | 304 | 207 | 151 | ||||||
net interest income after provision for credit losses | 3,469 | 3,266 | 2,825 | 3,203 | 3,029 | 3,334 | 2,933 | 3,198 | 3,433 | 3,620 | 3,486 | 3,971 | ||||||
commissions and fee income | 2,484 | 2,454 | 2,690 | 2,582 | 2,839 | 2,669 | 2,935 | 3,027 | 2,921 | 2,877 | 3,108 | 3,464 | ||||||
net gains on financial assets/liabilities at fair value through profit or loss | 213 | 320 | 954 | 659 | 845 | 147 | 1,109 | 390 | 424 | 1,297 | 700 | 1,433 | ||||||
net gains on financial assets at amortized cost | 1 | 2 | ||||||||||||||||
net gains on financial assets at fair value through other comprehensive income | 24 | |||||||||||||||||
net income from equity method investments | 45 | 21 | 102 | 21 | 84 | 74 | 20 | 75 | 246 | 106 | -542 | 220 | ||||||
other income | -195 | -36 | 68 | -338 | 146 | 97 | 366 | -142 | -257 | 312 | -114 | |||||||
total noninterest income | 2,573 | 2,818 | 4,064 | 3,389 | 3,508 | 3,161 | 4,279 | 3,968 | 3,693 | 4,144 | 3,637 | 5,056 | ||||||
compensation and benefits | 2,813 | 2,859 | 3,002 | 2,806 | 2,921 | 3,050 | 3,147 | 2,894 | 2,959 | 3,194 | 3,309 | 3,447 | ||||||
general and administrative expenses | 3,089 | 2,642 | 3,456 | 2,865 | 2,724 | 2,552 | 3,201 | 3,490 | 3,221 | 3,736 | 4,171 | 4,335 | ||||||
impairment of goodwill and other intangible assets | 1,035 | 6 | -49 | 285 | 5,770 | |||||||||||||
restructuring activities | 50 | 77 | -12 | 64 | 182 | -14 | 45 | 179 | 211 | 2 | 6 | |||||||
total noninterest expenses | 6,987 | 5,578 | 6,457 | 5,660 | 5,715 | 5,784 | 6,334 | 6,547 | 6,718 | 7,184 | 13,224 | 7,798 | ||||||
profit before tax | -946 | |||||||||||||||||
income tax expense | 2,204 | 277 | 312 | 284 | 357 | 310 | 303 | 340 | 388 | 343 | -77 | 410 | ||||||
net income | -3,150 | 229 | 120 | 649 | 466 | 401 | 575 | 278 | 20 | 236 | -6,024 | 818 | ||||||
yoy | -775.97% | -42.89% | -79.13% | 133.45% | 2230.00% | 69.92% | -109.55% | -66.01% | ||||||||||
qoq | -1475.55% | 90.83% | -81.51% | 39.27% | 16.21% | -30.26% | 106.83% | 1290.00% | -91.53% | -103.92% | -836.43% | |||||||
net income attributable to noncontrolling interests | 40 | 18 | 2 | 19 | 40 | 4 | 22 | 2 | 23 | -12 | 22 | |||||||
net income attributable to deutsche bank shareholders and additional equity components | -3,190 | 211 | 120 | 647 | 447 | 361 | 571 | 256 | 18 | 214 | -6,013 | 796 | ||||||
earnings per common share:1,2 | ||||||||||||||||||
basic | ||||||||||||||||||
diluted | ||||||||||||||||||
number of shares in million: | ||||||||||||||||||
denominator for basic earnings per share – weighted-average shares outstanding | 2,114 | 2,104.3 | 2,094.6 | 2,095.8 | 2,086 | 2,104 | 1,409.8 | 1,387 | 1,387.4 | 1,386.5 | 1,383.3 | 1,396.7 | ||||||
denominator for diluted earnings per share – adjusted weighted-average shares after assumed conversions | 2,114 | 2,157.3 | 2,151.3 | 2,151.7 | 2,155.3 | 1,485.1 | 1,404.2 | 1,420.6 | ||||||||||
interest and similar income | 6,068 | 5,808 | 5,630 | 6,678 | 6,138 | 6,359 | 6,721 | 6,032 | 6,661 | 6,936 | ||||||||
net gains on financial assets mandatory at fair value through other comprehensive income | 58 | 364 | 125 | |||||||||||||||
net gains on financial assets available for sale | 59 | 78 | 119 | 111 | 244 | 121 | 59 | 52 | ||||||||||
income before income taxes | 506 | 432 | 933 | 822 | 711 | 878 | 619 | 408 | 579 | -6,101 | 1,228 | |||||||
1 | ||||||||||||||||||
number of shares in million:1 | ||||||||||||||||||
earnings per common share:1 | ||||||||||||||||||
basic | ||||||||||||||||||
diluted | ||||||||||||||||||
policyholder benefits and claims | 167 | 74 | 44 | -29 | 10 | |||||||||||||
earnings per common share | ||||||||||||||||||
earnings per common share: 1,2 | ||||||||||||||||||
basic | ||||||||||||||||||
diluted | ||||||||||||||||||
number of shares in million: 1 | ||||||||||||||||||
denominator for diluted earnings per share – adjusted weighted-average shares after assumed conversions3 | 2,140.2 | 1,383.3 | ||||||||||||||||
earnings per common share: | ||||||||||||||||||
basic | ||||||||||||||||||
diluted | ||||||||||||||||||
net income from securities held to maturity | ||||||||||||||||||
denominator for diluted earnings per share – adjusted weighted-average shares after assumed conversions2 | 1,418.8 | 1,387.4 | ||||||||||||||||
impairment of intangible assets |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2022-09-30 | 2019-06-30 | 2019-03-31 | 2018-10-24 | 2018-07-16 | 2018-04-26 | 2017-10-26 | 2017-07-27 | 2017-07-25 | 2017-04-27 | 2016-10-27 | 2016-09-30 | 2016-07-27 | 2016-04-28 | 2016-03-11 | 2015-10-29 | 2015-07-30 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
in € m. | ||||||||||||||||||||||||
cash and central bank balances | 160,982 | 187,314 | 201,190 | 226,720 | 226,720 | 204,390 | 227,514 | 208,086 | 179,461 | 108,250 | 108,250 | 122,868 | 113,040 | |||||||||||
interbank balances | 10,144 | 11,428 | 9,132 | 11,160 | 10,727 | 9,109 | 10,872 | 10,467 | 10,608 | 10,608 | 11,346 | 10,083 | ||||||||||||
central bank funds sold and securities purchased under resale agreements | 9,126 | 9,831 | 8,671 | 10,082 | 10,082 | 10,580 | 11,025 | 7,725 | 14,058 | 22,327 | 24,404 | 22,987 | 22,456 | 23,720 | 27,785 | 20,365 | 6,820 | 9,267 | 130,993 | 123,921 | ||||
securities borrowed | 647 | 4,792 | 2,015 | 1,738 | 1,738 | 23,979 | 23,376 | 916 | 24,907 | 29,096 | 19,072 | 29,670 | 39,369 | 33,557 | 33,109 | 28,593 | 28,916 | 43,509 | 35,022 | 101,125 | 65,630 | |||
financial assets at fair value through profit or loss | ||||||||||||||||||||||||
trading assets | 162,608 | 164,840 | 156,295 | 173,014 | 173,014 | 186,716 | 188,192 | 160,646 | 189,926 | 176,456 | 176,456 | 178,559 | 174,947 | 196,035 | 196,998 | 206,382 | 271,291 | 234,910 | 380,000,000 | |||||
positive market values from derivative financial instruments | 366,007 | 331,040 | 323,887 | 337,454 | 337,454 | 372,019 | 396,340 | 347,582 | 421,218 | 542,205 | 542,205 | 615,426 | 581,291 | 515,594 | 571,611 | 539,665 | 657,780 | 596,410 | ||||||
non-trading financial assets mandatory at fair value through profit and loss | 101,370 | 108,502 | 95,557 | 118,038 | 93,370 | |||||||||||||||||||
financial assets designated at fair value through profit or loss | 35 | 669 | 2,611 | 2,611 | 96,183 | 89,751 | 673 | 100,054 | 116,518 | 116,518 | 117,401 | 107,100 | 109,253 | 113,098 | 115,655 | 171,926 | 134,000 | |||||||
total financial assets at fair value through profit or loss | 630,020 | 604,382 | 576,409 | 631,118 | 631,118 | 654,918 | 674,284 | 602,270 | 711,198 | 835,179 | 911,386 | 863,338 | 820,883 | 881,707 | 861,702 | |||||||||
financial assets at fair value through other comprehensive income | 49,959 | 53,879 | 49,660 | 53,151 | 48,812 | |||||||||||||||||||
equity method investments | 919 | 921 | 849 | 898 | 898 | 915 | 948 | 851 | 980 | 928 | 910 | 1,015 | 1,013 | 4,082 | 4,950 | 2,608 | 7,788 | 2,242 | ||||||
loans at amortized cost | 414,889 | 410,564 | 394,114 | 387,366 | 387,366 | 390,965 | ||||||||||||||||||
property and equipment | 5,334 | 5,439 | 2,506 | 2,453 | 2,453 | 2,772 | 2,746 | 2,540 | 2,832 | 2,697 | 2,851 | 2,798 | 2,846 | 2,894 | 2,891 | 5,802 | 2,777 | 3,712 | ||||||
goodwill and other intangible assets | 7,708 | 9,183 | 9,056 | 8,751 | 8,751 | 8,773 | 8,834 | 8,982 | 9,039 | 9,560 | 9,907 | 9,906 | 10,078 | 9,932 | 15,689 | 15,594 | 10,169 | 9,877 | 70,000,000 | |||||
other assets1 | ||||||||||||||||||||||||
assets for current tax | 2,139 | 1,147 | 909 | 1,514 | 1,514 | 1,265 | 1,248 | 1,227 | 1,567 | 1,215 | 1,361 | 1,284 | 1,285 | 2,249 | 2,090 | 3,512 | ||||||||
deferred tax assets | 5,553 | 7,413 | 7,110 | 6,628 | 6,628 | 7,829 | 7,983 | 7,050 | 8,427 | 7,711 | 7,737 | 7,538 | 7,762 | 8,341 | 7,150 | 8,470 | ||||||||
total assets | 1,436,096 | 1,437,179 | 1,379,982 | 1,477,735 | 1,477,735 | 1,521,454 | 1,568,734 | 1,420,960 | 1,564,756 | 1,688,951 | 1,688,951 | 1,803,290 | 1,740,569 | 1,629,130 | 1,719,374 | 1,694,176 | 1,905,630 | 1,500,664 | 2,202,423 | 989,238 | 992,161 | 840,068 | ||
deposits | 576,506 | 575,108 | 552,745 | 570,852 | 570,852 | 574,691 | 581,478 | 558,486 | 555,440 | 540,609 | 540,609 | 565,645 | 559,140 | 566,974 | 570,223 | 573,236 | 533,984 | 344,220 | 395,553 | 380,787 | 329,469 | |||
central bank funds purchased and securities sold under repurchase agreements | 7,532 | 5,662 | 5,443 | 18,374 | 18,374 | 16,499 | 21,373 | 14,310 | 18,469 | 20,484 | 17,745 | 15,115 | 9,803 | 7,086 | 7,917 | 27,922 | 45,495 | 87,117 | 143,524 | 105,292 | ||||
securities loaned | 2,992 | 2,887 | 4,499 | 7,695 | 7,695 | 6,508 | 5,122 | 6,486 | 4,508 | 2,572 | 1,029 | 2,681 | 2,207 | 3,270 | 3,344 | 2,979 | 3,276 | 5,564 | 3,216 | 24,581 | 12,881 | |||
financial liabilities at fair value through profit or loss | 455,886 | 1,333,765 | ||||||||||||||||||||||
trading liabilities | 58,394 | 71,307 | 61,121 | 83,832 | 83,832 | 74,201 | 68,392 | 60,712 | 73,300 | 61,785 | 61,785 | 65,810 | 63,810 | 52,304 | 55,995 | 50,664 | 68,859 | 64,501 | 194,347 | 169,606 | ||||
negative market values from derivative financial instruments | 347,048 | 316,106 | 309,932 | 322,629 | 322,629 | 348,346 | 371,682 | 333,375 | 399,062 | 524,113 | 524,113 | 598,837 | 561,532 | 494,076 | 544,440 | 513,442 | 647,171 | 576,973 | ||||||
financial liabilities designated at fair value through profit or loss | 51,818 | 66,835 | 53,643 | 48,874 | 48,874 | 49,758 | 64,112 | 39,920 | 65,799 | 54,967 | 54,967 | 55,126 | 52,729 | 44,852 | 38,687 | 41,894 | 130,154 | 73,522 | ||||||
investment contract liabilities | 557 | 548 | 566 | 550 | 550 | 600 | 601 | 560 | 607 | 7,822 | 7,472 | 7,917 | 8,522 | 8,268 | 9,359 | 7,898 | 7,278 | |||||||
total financial liabilities at fair value through profit or loss | 457,816 | 454,796 | 425,262 | 455,886 | 472,906 | 504,787 | 434,567 | 538,768 | 648,687 | 727,246 | 685,988 | 599,754 | 647,390 | 615,359 | 854,082 | 722,274 | ||||||||
other short-term borrowings | 12,418 | 13,024 | 17,281 | 17,476 | 17,476 | 18,279 | 20,232 | 17,693 | 20,109 | 22,352 | 22,352 | 24,682 | 28,477 | 28,010 | 30,194 | 32,543 | 64,990 | 42,897 | 39,115 | 20,549 | 20,118 | |||
other liabilities1 | ||||||||||||||||||||||||
provisions | 2,511 | 2,959 | 3,041 | 5,483 | 5,483 | 5,025 | 5,425 | 3,349 | 6,742 | 9,560 | 9,306 | 9,627 | 9,207 | 8,122 | 7,406 | 2,204 | 1,307 | 1,418 | ||||||
liabilities for current tax | 1,818 | 889 | 890 | 1,105 | 1,105 | 1,074 | 1,081 | 922 | 1,111 | 1,261 | 1,497 | 1,503 | 1,699 | 2,736 | 2,141 | 2,354 | ||||||||
deferred tax liabilities | 678 | 517 | 513 | 323 | 323 | 396 | 450 | 494 | 474 | 828 | 810 | 811 | 746 | 2,307 | 2,157 | 3,784 | ||||||||
long-term debt | 147,629 | 153,942 | 152,578 | 161,480 | 161,480 | 159,091 | 165,070 | 157,553 | 172,964 | 162,277 | 162,277 | 162,905 | 151,361 | 160,016 | 161,187 | 160,255 | 169,660 | 131,782 | 133,856 | 115,607 | 113,554 | 106,870 | ||
trust preferred securities | 3,269 | 3,261 | 3,148 | 3,802 | 3,802 | 5,583 | 5,694 | 3,143 | 6,334 | 6,135 | 6,171 | 6,112 | 12,250 | 10,577 | 9,729 | |||||||||
total liabilities | 1,371,114 | 1,367,985 | 1,311,194 | 1,409,710 | 1,409,710 | 1,450,844 | 1,497,524 | 1,352,099 | 1,499,905 | 1,622,224 | 1,622,224 | 1,736,481 | 1,674,023 | 1,561,506 | 1,650,495 | 1,618,440 | 1,855,238 | 1,462,695 | 2,170,509 | 956,430 | 962,225 | 814,164 | ||
common shares, no par value, nominal value of € 2.56 | 5,291 | 5,291 | 5,291 | 5,291 | 5,291 | 5,291 | 5,291 | 5,291 | 3,531 | 3,531 | 3,531 | 3,531 | 3,531 | 3,531 | 3,531 | 2,380 | 1,589 | 1,461 | ||||||
additional paid-in capital | 40,318 | 40,271 | 40,134 | 39,974 | 39,974 | 39,715 | 39,828 | 40,141 | 33,838 | 33,597 | 33,615 | 33,451 | 33,572 | 33,447 | 33,805 | 23,515 | 14,830 | 14,961 | 11,672 | 11,147 | ||||
retained earnings | 12,624 | 16,587 | 17,162 | 17,164 | 17,164 | 19,787 | 19,383 | 16,985 | 19,491 | 20,860 | 20,864 | 21,340 | 21,182 | 23,170 | 29,185 | 25,999 | 24,056 | 20,074 | 22,628 | 19,814 | ||||
common shares in treasury, at cost | -12 | -28 | -24 | -24 | -18 | -33 | -75 | -84 | -21 | -192 | -210 | -10 | -30 | -450 | -48 | -939 | ||||||||
accumulated other comprehensive income, net of tax | 521 | 794 | 12 | -463 | 901 | 1,789 | 315 | 3,109 | 4,404 | 3,831 | 4,249 | -2,601 | ||||||||||||
total shareholders’ equity | 58,742 | 62,914 | 62,577 | 61,943 | 61,943 | 65,676 | 66,258 | 62,656 | 59,885 | 61,770 | 61,865 | 61,592 | 62,678 | 63,949 | 70,762 | 48,843 | 36,647 | 30,703 | 32,808 | 29,936 | 25,904 | |||
additional equity components | 4,675 | 4,675 | 4,675 | 4,673 | 4,669 | 4,674 | 4,675 | 4,675 | 4,675 | 4,674 | 4,675 | |||||||||||||
noncontrolling interests | 1,565 | 1,605 | 1,535 | 1,410 | 1,410 | 265 | 278 | 1,529 | 292 | 284 | 269 | 279 | 270 | 256 | 300 | 1,549 | ||||||||
total equity | 64,982 | 69,194 | 68,788 | 68,025 | 68,025 | 70,609 | 71,210 | 68,861 | 64,852 | 66,727 | 66,727 | 66,809 | 66,546 | 67,624 | 68,879 | 75,736 | 50,392 | 37,969 | 31,914 | |||||
total liabilities and equity | 1,436,096 | 1,437,179 | 1,379,982 | 1,477,735 | 1,477,735 | 1,521,454 | 1,568,734 | 1,420,960 | 1,564,756 | 1,688,951 | 1,803,290 | 1,740,569 | 1,629,130 | 1,719,374 | 1,694,176 | 1,905,630 | 1,500,664 | 2,202,423 | ||||||
other assets | 138,676 | 130,884 | 118,361 | 136,156 | 136,156 | 144,349 | 145,875 | 130,663 | 134,067 | 166,264 | 174,940 | 171,029 | 118,137 | 153,544 | 157,432 | 149,229 | 121,538 | 137,829 | 99,382 | 67,682 | 274,000,000 | |||
other liabilities | 157,946 | 154,940 | 145,795 | 167,234 | 167,234 | 190,792 | 186,811 | 155,095 | 174,984 | 207,458 | 217,795 | 213,682 | 175,005 | 213,437 | 209,090 | 181,827 | 154,281 | 160,598 | 81,377 | 58,935 | ||||
obligation to purchase common shares | 4 | 3,506 | 3,058 | |||||||||||||||||||||
equity classified as obligation to purchase common shares | -3 | -3,506 | -3,058 | |||||||||||||||||||||
financial assets available for sale | 51,540 | 53,907 | 55,204 | 68,921 | 74,274 | 70,890 | 73,583 | 71,088 | 71,768 | |||||||||||||||
securities held to maturity | 3,179 | 3,189 | 3,197 | 3,215 | 3,215 | 3,224 | 3,233 | |||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||
assets: | ||||||||||||||||||||||||
interbank balances without central banks | 11,160 | |||||||||||||||||||||||
non-trading financial assets mandatory at fair value through p&l | 118,038 | |||||||||||||||||||||||
financial assets at fair value through oci | 53,151 | |||||||||||||||||||||||
liabilities and equity: | ||||||||||||||||||||||||
non-interest bearing deposits | 226,160 | |||||||||||||||||||||||
demand deposits | 128,105 | |||||||||||||||||||||||
time deposits | 130,116 | |||||||||||||||||||||||
savings deposits | 86,471 | |||||||||||||||||||||||
interest-bearing deposits | 344,692 | |||||||||||||||||||||||
accumulated other comprehensive income, net of tax21 | -463 | |||||||||||||||||||||||
additional equity components22 | 4,673 | |||||||||||||||||||||||
loans | 396,237 | 398,698 | 409,352 | 422,979 | 422,979 | 428,411 | 424,060 | 427,749 | 428,337 | 425,019 | 407,729 | 258,105 | 269,281 | 151,355 | 136,344 | 4,022,000,000 | ||||||||
accumulated other comprehensive income, net of tax1 | 3,803 | 4,047 | ||||||||||||||||||||||
additional equity components2 | 4,673 | 4,675 | ||||||||||||||||||||||
central bank funds sold, securities purchased under resale agreements and securities borrowed | 51,424 | |||||||||||||||||||||||
thereof: | ||||||||||||||||||||||||
securities purchased under resale agreements | 65,507 | |||||||||||||||||||||||
brokerage and securities related receivables | 139,946 | |||||||||||||||||||||||
remaining assets | 117,350 | |||||||||||||||||||||||
central bank funds purchased, securities sold under repurchase agreements and securities loaned | 23,056 | |||||||||||||||||||||||
securities sold under repurchase agreements | 43,499 | |||||||||||||||||||||||
brokerage and securities related payables | 167,285 | |||||||||||||||||||||||
remaining liabilities | 65,779 | |||||||||||||||||||||||
accumulated other comprehensive income, net of tax 1 | 3,482 | |||||||||||||||||||||||
additional equity components 2 | 4,675 | |||||||||||||||||||||||
cash and central bank balances 2 | 96,940 | |||||||||||||||||||||||
interbank balances (w/o central banks) 2 | 12,842 | |||||||||||||||||||||||
thereof: goodwill | 28 | 26 | 468 | |||||||||||||||||||||
thereof: defined benefit pension fund assets | 1,173 | 1,013 | 955 | |||||||||||||||||||||
thereof: subordinated long-term debt 3 | 7,826 | |||||||||||||||||||||||
trust preferred securities 3 | 7,020 | |||||||||||||||||||||||
cash and due from banks | 27,278 | 25,641 | 17,157 | 9,346 | 9,826 | 6,571 | 7,579 | |||||||||||||||||
interest-earning deposits with banks | 75,284 | 64,382 | 92,377 | 47,233 | 64,739 | 11,963 | 18,089 | |||||||||||||||||
income tax assets2 | 8,398 | 8,324 | ||||||||||||||||||||||
income tax liabilities2 | 2,581 | 2,703 | ||||||||||||||||||||||
thereof: subordinated long-term debt3 | 8,515 | 8,524 | ||||||||||||||||||||||
trust preferred securities3 | 6,931 | 6,952 | ||||||||||||||||||||||
total financial assets at fair value through profit or loss of which € 91 billion and € 79 billion were pledged to creditors and can be sold or repledged at december 31, 2010, and 2009, respectively | 1,100,997 | |||||||||||||||||||||||
financial assets available for sale of which € 3.9 billion and € 0.5 billion were pledged to creditors and can be sold or repledged at december 31, 2010, and 2009, respectively | 54,266 | |||||||||||||||||||||||
total financial assets at fair value through profit or loss of which € 79 billion and € 69 billion were pledged to creditors and can be sold or repledged at december 31, 2009, and 2008, respectively | 965,320 | |||||||||||||||||||||||
financial assets available for sale of which € 492 million and € 464 million were pledged to creditors and can be sold or repledged at december 31, 2009, and 2008, respectively | 18,819 | |||||||||||||||||||||||
net gains not recognized in the income statement, net of tax | -3,780 | |||||||||||||||||||||||
minority interest | 1,322 | 1,211 | 2,000,000 | |||||||||||||||||||||
financial assets at fair value through profit or loss of which € 62 billion and € 179 billion were pledged to creditors and can be sold or repledged at december 31, 2008 and december 31, 2007, respectively | 1,623,811 | |||||||||||||||||||||||
financial assets available for sale of which € 464 million and € 17 million were pledged to creditors and can be sold or repledged at december 31, 2008 and 2007, respectively | 24,835 | |||||||||||||||||||||||
unrealized net gains on financial assets available for sale, net of applicable tax and other | -882 | |||||||||||||||||||||||
unrealized net gains on derivatives hedging variability of cash flows, net of tax | -349 | 9 | 37 | |||||||||||||||||||||
foreign currency translation, net of tax | -3,620 | -1,366 | -2,419 | |||||||||||||||||||||
total net gains not recognized in the income statement, net of tax | -4,851 | |||||||||||||||||||||||
interest revenues, excluding dividends from subsidiaries | 38,248 | |||||||||||||||||||||||
dividends received from subsidiaries: | ||||||||||||||||||||||||
banks | 1,029 | |||||||||||||||||||||||
nonbanks | 1,959 | |||||||||||||||||||||||
interest expense | 36,674 | |||||||||||||||||||||||
net interest and dividend revenues | 4,562 | |||||||||||||||||||||||
provision for loan losses | -81 | |||||||||||||||||||||||
net interest and dividend revenues after provision for loan losses | 4,643 | |||||||||||||||||||||||
noninterest revenues: | ||||||||||||||||||||||||
commissions and fees | 3,641 | |||||||||||||||||||||||
trading revenues | 6,392 | |||||||||||||||||||||||
other revenues | 196 | |||||||||||||||||||||||
total noninterest revenues | 10,229 | |||||||||||||||||||||||
noninterest expenses: | ||||||||||||||||||||||||
compensation and benefits | 6,588 | |||||||||||||||||||||||
other expenses | 3,717 | -355,000,000 | ||||||||||||||||||||||
services provided to affiliates | -269 | |||||||||||||||||||||||
total noninterest expenses | 10,036 | |||||||||||||||||||||||
income before income taxes and equity in undistributed income of subsidiaries and affiliates | 4,836 | |||||||||||||||||||||||
income tax expense | 321 | 30,000,000 | ||||||||||||||||||||||
income before cumulative effect of accounting changes | 4,515 | |||||||||||||||||||||||
cumulative effect of accounting changes, net of tax | 25 | |||||||||||||||||||||||
income before equity in undistributed income of subsidiaries and affiliates | 4,540 | |||||||||||||||||||||||
equity in undistributed income of subsidiaries and affiliates | 1,446 | |||||||||||||||||||||||
net income | 5,986 | 294,000,000 | ||||||||||||||||||||||
cash and due from banks: | ||||||||||||||||||||||||
bank subsidiaries | 397 | |||||||||||||||||||||||
other | 2,258 | |||||||||||||||||||||||
interest-earning deposits with banks: | ||||||||||||||||||||||||
securities borrowed and central bank funds sold and securities purchased under resale agreements: | ||||||||||||||||||||||||
nonbank subsidiaries | 78,463 | |||||||||||||||||||||||
trading assets: | ||||||||||||||||||||||||
securities available for sale | 15,632 | |||||||||||||||||||||||
other investments | 2,195 | 7,382 | 7,936 | |||||||||||||||||||||
investment in subsidiaries: | ||||||||||||||||||||||||
loans, net: | ||||||||||||||||||||||||
other assets: | ||||||||||||||||||||||||
liabilities and shareholders’ equity: | ||||||||||||||||||||||||
deposits: | ||||||||||||||||||||||||
trading liabilities: | ||||||||||||||||||||||||
securities loaned and central bank funds purchased and securities sold under repurchase agreements: | ||||||||||||||||||||||||
other short-term borrowings: | ||||||||||||||||||||||||
other liabilities: | ||||||||||||||||||||||||
total liabilities and shareholders’ equity | 989,238 | 992,161 | 840,068 | |||||||||||||||||||||
premises and equipment | 5,079 | 5,225 | ||||||||||||||||||||||
goodwill | 7,045 | 6,378 | ||||||||||||||||||||||
other intangible assets | 1,198 | 1,069 | ||||||||||||||||||||||
liabilities: | ||||||||||||||||||||||||
commitments and contingent liabilities | ||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||
common shares in treasury, at cost: | ||||||||||||||||||||||||
share awards | 2,121 | 1,513 | ||||||||||||||||||||||
accumulated other comprehensive income: | ||||||||||||||||||||||||
unrealized net gains on securities available for sale, net of applicable tax and other | 2,498 | 1,760 | ||||||||||||||||||||||
minimum pension liability, net of tax | -8 | -1 | ||||||||||||||||||||||
total accumulated other comprehensive loss | -1,031 | -3,331 | ||||||||||||||||||||||
assets | ||||||||||||||||||||||||
other assets related to insurance business | 6,733 | |||||||||||||||||||||||
liabilities | ||||||||||||||||||||||||
insurance policy claims and reserves | 7,935 | |||||||||||||||||||||||
shareholders’ equity | ||||||||||||||||||||||||
accumulated other comprehensive income | 12,000,000 | |||||||||||||||||||||||
cash, deposits with banks and receivables | ||||||||||||||||||||||||
securities available for sale and other investments | 2,792,000,000 | |||||||||||||||||||||||
property, plant, equipment and inventories | 822,000,000 | |||||||||||||||||||||||
notes payable to banks | ||||||||||||||||||||||||
deposits received from customers | 1,263,000,000 | |||||||||||||||||||||||
long-term liabilities | 2,487,000,000 | |||||||||||||||||||||||
other liabilities and provisions | 1,862,000,000 | |||||||||||||||||||||||
capital and reserves | 3,812,000,000 | |||||||||||||||||||||||
profit of the reporting period | 241,000,000 | |||||||||||||||||||||||
net interest, commission and investment income | 1,167,000,000 | |||||||||||||||||||||||
other operating income | 63,000,000 | |||||||||||||||||||||||
general administrative expenses | -399,000,000 | |||||||||||||||||||||||
write-downs, depreciation and value adjustments | -152,000,000 | |||||||||||||||||||||||
net income before tax | 324,000,000 | |||||||||||||||||||||||
claims on banks | ||||||||||||||||||||||||
claims on customers | 166,899,000,000 | |||||||||||||||||||||||
bonds and other fixed-income securities | 36,768,000,000 | |||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||
liabilities to banks | ||||||||||||||||||||||||
liabilities to customers | 41,485,000,000 | |||||||||||||||||||||||
liabilities in certificate form | 145,289,000,000 | |||||||||||||||||||||||
provisions and other liabilities | 5,953,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2018-04-26 | 2017-10-26 | 2017-07-25 | 2017-04-27 | 2016-10-27 | 2016-07-27 | 2016-04-28 |
|---|---|---|---|---|---|---|---|
in € m. | |||||||
profit | |||||||
cash flows from operating activities: | |||||||
adjustments to reconcile profit to net cash from operating activities: | |||||||
benefit from credit losses | |||||||
restructuring activities | -1 | -11 | 195 | -14 | 45 | 179 | 211 |
gain on sale of financial assets at fair value through other comprehensive income, equity method investments and other | -618 | ||||||
deferred income taxes | 278 | 72 | 47 | 288 | 179 | 89 | 116 |
impairment, depreciation and other amortization, and accretion | 317 | 327 | 476 | 694 | 361 | 651 | 509 |
share of net income from equity method investments | -17 | -19 | -68 | -18 | -71 | 1 | -106 |
profit adjusted for noncash charges, credits and other items | |||||||
adjustments for net change in operating assets and liabilities: | |||||||
interest-earning time deposits with central banks and banks | -12,147 | -2,196 | |||||
central bank funds sold, securities purchased under resale agreements, securities borrowed | 14,843 | -570 | 20,715 | -2,707 | 2,631 | 8,068 | -6,584 |
non-trading financial assets mandatory at fair value through profit and loss | -118,362 | ||||||
financial assets designated at fair value through profit or loss | 88,664 | -7,640 | 103,211 | -12,607 | 594 | -10,733 | 1,363 |
loans at amortized cost | 11,174 | ||||||
other assets | -39,481 | 46 | -25,776 | -7,611 | 9,559 | -3,802 | -52,790 |
deposits | -6,117 | -5,087 | -26,448 | 5,955 | -24,956 | 7,064 | -6,983 |
financial liabilities designated at fair value through profit or loss and investment contract liabilities1 | -14,574 | -13,588 | -29,423 | 5,556 | |||
central bank funds purchased, securities sold under repurchase agreements and securities loaned | 1,428 | -3,063 | 2,218 | -6,190 | 2,646 | 3,180 | 4,333 |
other short-term borrowings | -919 | -1,939 | -3,643 | 2,927 | -2,323 | -3,771 | 493 |
other liabilities | 33,149 | 5,664 | 4,354 | 14,502 | -9,437 | 4,197 | 41,283 |
senior long-term debt2 | 2,236 | -5,657 | -1,962 | 550 | |||
trading assets and liabilities, positive and negative market values from derivative financial instruments | 27,021 | 7,291 | 20,650 | -3,323 | -3,170 | 1,450 | 34,077 |
other | 1,275 | 3,476 | -64 | -1,225 | -2,158 | -1,011 | -2,502 |
net cash from operating activities | -11,643 | -21,952 | -31,692 | -2,956 | -20,826 | 13,244 | 16,503 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | -11,643 | -21,952 | -31,692 | -2,956 | -20,826 | 13,244 | 16,503 |
cash flows from investing activities: | |||||||
proceeds from: | |||||||
sale of financial assets at fair value through other comprehensive income | 6,464 | ||||||
maturities of financial assets at fair value through other comprehensive income | 4,533 | ||||||
sale of debt securities held to collect at amortized cost | 2 | ||||||
maturities of debt securities held to collect at amortized cost | 305 | ||||||
sale of equity method investments | 12 | 15 | 24 | 5 | 7 | 11 | 18 |
sale of property and equipment | 278 | 21 | 253 | 36 | 206 | 0 | 11 |
purchase of: | |||||||
financial assets at fair value through other comprehensive income | -6,575 | ||||||
debt securities held to collect at amortized cost | |||||||
equity method investments | 0 | -5 | -12 | ||||
property and equipment | -96 | -152 | -51 | -145 | -178 | -147 | -110 |
net cash received in (paid for) business combinations/divestitures | 25 | 46 | 160 | 0 | 79 | ||
net cash from investing activities | 4,580 | 1,187 | 9,721 | 215 | 5,095 | -2,537 | -1,489 |
cash flows from financing activities: | |||||||
issuances of subordinated long-term debt | 46 | 5 | 427 | 46 | 3 | 778 | 3 |
repayments and extinguishments of subordinated long-term debt | -297 | -102 | -168 | -663 | -170 | ||
issuances of trust preferred securities | 1 | 1 | 91 | 6 | |||
repayments and extinguishments of trust preferred securities | -1,606 | 0 | 1 | -134 | -705 | ||
principal portion of lease payments | |||||||
common shares issued | 0 | ||||||
purchases of treasury shares | -1,918 | -1,632 | -1,612 | -1,394 | -697 | -1,006 | -2,047 |
sale of treasury shares | 1,801 | 1,411 | 1,583 | 1,255 | 680 | 1,006 | 1,784 |
additional equity components (at1) issued | |||||||
additional equity components (at1) repaid | |||||||
purchases of additional equity components | -67 | -31 | -123 | -68 | -55 | -8 | -82 |
sale of additional equity components | 63 | 25 | 127 | 73 | 57 | 7 | 81 |
coupon on additional equity components, pre tax | 0 | 0 | |||||
dividends paid to noncontrolling interests | |||||||
net change in noncontrolling interests | 1,161 | -3 | 1,231 | -27 | 4 | ||
cash dividends paid to deutsche bank shareholders | 0 | ||||||
net cash from financing activities | -723 | -331 | -2,804 | -118 | -185 | -279 | -1,134 |
net effect of exchange rate changes on cash and cash equivalents | -1,349 | -2,171 | 528 | -591 | 94 | -182 | -307 |
net increase in cash and cash equivalents | -9,136 | -23,267 | -24,247 | -3,450 | -15,822 | 10,246 | 13,573 |
cash and cash equivalents at beginning of period | 229,025 | -242 | 43,134 | 185,891 | 0 | 0 | 105,478 |
cash and cash equivalents at end of period | -23,509 | 18,887 | 182,439 | -15,822 | 10,246 | 119,049 | |
net cash from operating activities including | |||||||
income taxes paid (received) | |||||||
interest paid | 2,661 | 4,015 | 2,896 | 2,848 | 3,216 | 2,206 | |
interest received | |||||||
dividends received | |||||||
cash and cash equivalents comprise | |||||||
cash and central bank balances5 | |||||||
interbank balances (w/o central banks)6 | |||||||
total | -23,509 | 18,476 | 182,850 | -15,822 | 10,246 | 119,049 | |
cash and central bank balances | -23,735 | ||||||
interbank balances | 226 | 1,670 | 6,236 | ||||
net income | 120 | 648 | -54 | 575 | 278 | 20 | 236 |
adjustments to reconcile net income to net cash from operating activities: | |||||||
provision for credit losses | 88 | 184 | 50 | 133 | 327 | 260 | 304 |
income adjusted for noncash charges, credits and other items | 167 | 1,101 | 247 | 1,514 | 999 | 734 | 1,143 |
payment of lease liabilities | |||||||
income taxes paid | 234 | 57 | 241 | 373 | 331 | 422 | |
gain on sale of financial assets available for sale and securities held to maturity | |||||||
sale of financial assets available for sale | 1,889 | 3,087 | 6,069 | 3,084 | 5,254 | ||
maturities of financial assets available for sale | 2,251 | 2,569 | 2,044 | 1,044 | 1,561 | ||
maturities of securities held to maturity | |||||||
financial assets available for sale | -2,569 | -5,003 | -2,835 | -6,170 | -7,991 | ||
securities held to maturity | |||||||
debt securities htc at amortized cost | -64 | ||||||
gain on sale of financial assets available for sale, equity method investments, and other | -100 | -144 | -120 | -466 | -127 | ||
loans | 210 | -272 | 5,244 | -4,875 | 3,136 | ||
interest and dividends received | 6,050 | 6,530 | 6,716 | 6,075 | |||
interest-earning time deposits with central banks and with banks w/o central banks | -25 | ||||||
cash and central bank balances (not included interest-earning time deposits with central banks | 176,614 | ||||||
interest-earning time deposits with central banks and with banks w/o central banks1 | -459 | ||||||
financial liabilities designated at fair value through profit or loss and investment contract liabilities2 | 428 | ||||||
senior long-term debt3 | -424 | ||||||
77 | |||||||
cash and central bank balances (not included interest-earning time deposits with central banks1 | -14,787 | ||||||
interbank balances (w/o central banks) (not included: time deposits of € 5,385 million as of september 30, 2016, and € 5,256 million as of september 30, 2015)1 | |||||||
cash dividends paid | |||||||
interbank balances (w/o central banks) (not included: time deposits of € 4,919 million as of june 30, 2016, and € 41,466 million as of june 30, 2015)1 | |||||||
interest-earning time deposits with central banks and with banks w/o central banks 1 | 247 | ||||||
financial liabilities designated at fair value through profit or loss and investment contract liabilities 2 | 7,789 | ||||||
senior long-term debt 3 | -8,502 | ||||||
65 | |||||||
cash and central bank balances (not included interest-earning time deposits with central banks 1 | 111,607 | ||||||
interbank balances (w/o central banks) (not included: time deposits of €4,074 million as of march 31, 2016, and €26,605 million as of march 31, 2015) 1 | 7,442 | ||||||
interest-earning time deposits with banks | |||||||
net proceeds from additional equity components3 | |||||||
coupon on additional equity components, net of tax | |||||||
net cash from operating activities include | |||||||
cash and due from banks | |||||||
interest-earning demand deposits with banks | |||||||
trading assets and positive market values from derivative financial instruments | |||||||
trading liabilities and negative market values from derivative financial instruments | |||||||
financial liabilities designated at fair value through profit or loss and investment contract liabilities | |||||||
central bank funds purchased, securities sold under repurchase agreements, securities loaned | |||||||
senior long-term debt | |||||||
common shares issued under share-based compensation plans | |||||||
capital increase | |||||||
net cash paid for business combinations/divestitures | |||||||
dividends paid to minority interests | |||||||
net change in minority interests | |||||||
provision for loan losses | |||||||
gain on sale of financial assets available for sale, equity method investments and other | |||||||
income adjusted for noncash charges and other items | |||||||
adjustments for net increase/decrease/change in operating assets and liabilities: | |||||||
trading assets | |||||||
other financial assets at fair value through profit or loss | |||||||
trading liabilities | |||||||
other financial liabilities at fair value through profit or loss | |||||||
sales of treasury shares | |||||||
increase in minority interests | |||||||
net cash from operating activities includes | |||||||
gain on sale of securities available for sale, other investments, loans and other | |||||||
impairment, depreciation and other amortization and accretion | |||||||
cumulative effect of accounting changes, net of tax | |||||||
net change in: | |||||||
interest-earning deposits with banks | |||||||
central bank funds sold and securities purchased under resale agreements | |||||||
securities borrowed | |||||||
sale of securities available for sale | |||||||
maturities of securities available for sale | |||||||
sale of other investments | |||||||
sale of loans | |||||||
sale of premises and equipment | |||||||
securities available for sale | |||||||
other investments | |||||||
premises and equipment | |||||||
net cash received for business combinations/divestitures | |||||||
securities loaned and central bank funds purchased and securities sold under repurchase agreements | |||||||
issuances of long-term debt | |||||||
repayments and extinguishments of long-term debt | |||||||
common shares issued under employee benefit plans | |||||||
net effect of exchange rate changes on cash and due from banks | |||||||
net increase in cash and due from banks | |||||||
cash and due from banks, beginning of the year | |||||||
cash and due from banks, end of the year | |||||||
share of net loss from equity method investments | |||||||
issuances of long-term debt and trust preferred securities | |||||||
repayments and extinguishments of long-term debt and trust preferred securities | |||||||
issuances of common shares | |||||||
noncash investing activities: | |||||||
transfer from available for sale securities to trading assets | |||||||
transfer from trading assets to available for sale securities | |||||||
adjustments to reconcile net income to net cash used in operating activities: |
