Inferra AI / Company / DB

Deutsche Bank

DB · Financials

Last earnings Oct 28, 2026

Important announcements

Key results

Net revenuequarter

31%

Net revenues in the quarter decreased by 31% year on year to 5.3 billion , as revenue growth across the Private Bank, Corporate Bank and Asset Management was more than offset by the aforementioned portfolio hedges of interest rate risk not qualifying for hedge accounting for which impacts are recorded in Corporate Other.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Growthquarter

up 8%

Net revenues were 2.6 billion , up 8% year on year.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Revenuequarter

6%

In Personal Banking, revenues were up 6% year on year at 1.4 billion , as significantly higher deposit revenues were partially offset by slightly lower lending revenues.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

In Wealth Management, revenues grew by 10% year on year to 1.2 billion , driven by significantly higher deposit and investment product revenues, the latter mainly in discretionary mandates.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

These developments were primarily attributable to a revenue increase of 7% to 7.7 billion driven by significantly higher net interest income, while net commission and fee income was higher.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Net revenues were 766 million up by 4% .

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Other revenuequarter

51%

Other revenues were significantly down 51% year on year to 14 million in the third quarter of 2026 primarily driven by unfavorable valuation of guaranteed products, and lower contribution from DWS s investments in Harvest Fund Management.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

This development was driven by 6% growth in net revenues to 2.3 billion , while noninterest expenses increased slightly to 1.4 billion .

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

AI analysis

Latest earnings event · reported Oct 28, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Headline figures

MetricLatest earnings eventPrior qtrYear ago
Net revenue31%——
Growthup 8%——
Revenue6%95%—
Other revenue51%——

EX-99 · Oct 28, 2026

Guidance · company-stated

No guidance located in the held release

Outlook statement

“By contrast, banks in Japan may benefit from an improving economic growth outlook and looming further interest rate increases.”

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

The bank completed share buybacks totalling 1.5 billion in 2026 (2025 1.0 billion).

In the third quarter of 2026, Deutsche Bank completed its second share repurchase program, bringing buybacks in 2026 to 1.5 billion (2025 1.0 billion).

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Details on the definitions of such measures and reconciliations to the IFRS numbers on which they are based are available in the section Non-GAAP financial measures of this report

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

The bank completed share buybacks totalling 1.5 billion in 2026 (2025 1.0 billion).

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

In the third quarter of 2026, Deutsche Bank completed its second share repurchase program, bringing buybacks in 2026 to 1.5 billion (2025 1.0 billion).

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Financial liabilities designated at fair value through profit or loss increased by 33.0 billion , mainly attributable to an increase in securities sold under repurchase agreements as a result of increased financing activities and client flows as well as an increase in long-term debt driven by new issuances in FIC in the Investment Bank.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Cash dividends paid to Deutsche Bank shareholders reduced total equity by 1.9 billion in the second quarter of 2026 coupons paid to additional equity components reduced total equity by 796 million , thereof 48 million in the first quarter of 2026 and 748 million in the second quarter of 2026.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

On August 21, 2026, Deutsche Bank AG completed its first 2026 share repurchase program that started on February 26, 2026, with a volume of up to 1.0 billion .

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

In this period Deutsche Bank AG repurchased 35.7 million common shares.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Strategy & priorities

Scaling the Global Hausbank Deutsche Bank s strategy, Scaling the Global Hausbank, focuses on accelerating value creation through focused growth, disciplined capital management and a scalable operating model.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Progress on strategy implementation During the first nine months of 2026, Deutsche Bank made tangible progress in executing the bank s strategy, with investments driving growth and improving efficiency across the franchise.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

The bank maintained a strong focus on strict capital discipline and continued to execute capital initiatives, including further capital-accretive actions on nonperforming exposures and progress on its securitization programs.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

4 Deutsche Bank Strategy Earnings Report as of September 30, 2026 Sustainability Deutsche Bank sustainability highlights included Jointly coordinating a 1 billion syndicated guarantee facility for ENERCON to support the company s continued development following its successful restructuring.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Other priority investments include education, health, infrastructure, agriculture, and job creation for young people and women.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Risks & headwinds

Noninterest expenses were 5.2 billion , essentially flat year on year, as planned investments were largely offset by favorable cost developments, including operating efficiencies, as well as lower litigation and bank levies, while volume- related expenses increased.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Noninterest expenses were 1.6 billion , 4% lower year on year, reflecting reduced litigation, bank levies and certain one- off items in the third quarter 2026, partially offset by targeted investments in line with the communicated growth strateg y for the Investment Bank.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Noninterest expenses were 239 million in the third quarter of 2026, compared to 246 million in the prior year quarter with the year-on-year change driven by litigation.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Noninterest expenses increased to 621 million from 593 million for the first nine months of 2025 driven by litigation provisions, with provision for credit losses at 98 million in 2026 driven by single-name events compared to 67 million in the first nine months of 2025.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

The conflict in the Middle East continues to cause uncertainty over the outlook for growth and inflation.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

The performance of the global banking industry over the remainder of the year is expected to be shaped by ongoing mild monetary policy tightening in light of inflationary pressure in major economies, resilient economic growth despite geopolitical headwinds and discussions about potential targeted regulatory relief to boost banks competitiveness.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

What changed vs prior quarter

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Deutsche Bank — Earnings release (6-K exhibit)EX-99Oct 28, 2026

Documents

Earnings deck slides

0 decks with slide view

Deutsche Bank — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Deutsche Bank — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Deutsche Bank — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Deutsche Bank — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Deutsche Bank — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

51 documents

Earnings releases

17 documents

Presentations

5 documents

Transcripts

0 documents

No transcripts for Deutsche Bank are held in this edition of the library.

Mentioned by

11 companies

Other tracked companies whose held documents mention Deutsche Bank by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.