Report
Steven Gould

Deutsche Bank : La sortie des difficultés est bien valorisée, la suite est un pari plus difficile

>Conclusion – Un pari sur les revenus déjà bien valorisé - Les résultats récents confirment l’amélioration de la situation de DBK. Cette amélioration devrait se poursuivre, tirée par une réelle baisse des coûts et, potentiellement, des revenus plus élevés qu’attendus. Cependant, même après relèvement de nos prévisions, le RoTE 2023 n’atteindrait que 5.5% (consensus = 5.4%), soit un des niveaux les plus faibles du secteur. Une amélioration beaucoup plus forte ne pourra...
Underlying
Deutsche Bank AG

Deutsche Bank is a holding company acting as an international financial service provider. Co. offers a wide variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Co. has operations or dealings with existing or potential customers in most countries in the world. Co. is organized into the following six corporate divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth & Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); and Non-core Operations Unit (NCOU).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Steven Gould

Other Reports on these Companies
Other Reports from Oddo BHF
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David

ResearchPool Subscriptions

Get the most out of your insights

Get in touch