Report
Roland Pfaender,MBA,CFA,CCRA ...
  • Steven Gould

Deutsche Bank : Solid start to the year with increasing focus on efficiencies

>Q1 2023 net profit of € 1,158m vs € 978m consensus - Deutsche Bank reported a solid start to the year. Reported net attributable profit came to € 1,158m and thus ahead of € 978m. The result was helped by € 239m pre-tax result from valuation and timing differences in Corporate & Other. Adjusted for this effect, the underlying Q1 2023 result was broadly in line with the consensus estimate. RoTE came to 8.3% (10% RoTE with pro-rata annualised bank levies). CET1 ratio s...
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
Roland Pfaender,MBA,CFA,CCRA

Steven Gould

ResearchPool Subscriptions

Get the most out of your insights

Get in touch