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Deutsche Bank shares on record: Investors celebrate price gains!
The Deutsche Bank share recorded price gains on December 16, 2024 and reached all-time highs - exciting insights into financial figures follow.
Deutsche Bank shares on record: Investors celebrate price gains!
On Monday, December 16, 2024, Deutsche Bank shares experienced a notable price increase in XETRA trading. The price rose by 0.4 percent during the morning and reached a new daily high of EUR 17.31 by 12:28 p.m. after starting the trading day at EUR 17.02. This makes the share one of the current winners in the DAX 40, which was trading at 20,333 points at the time. An impressive 2,322,089 shares changed hands during trading finanzen.ch reported.
Course development and backgrounds
The optimistic price movements are particularly notable as Deutsche Bank shares reached a low of EUR 11.52 on February 9, 2024, an increase of 48.66 percent from that low. Analysts expect the dividend for 2023 to rise to EUR 0.664 per share, further fueling investor interest. In the previous quarter ended September 30, 2024, Deutsche Bank recorded earnings per share of EUR 0.74, which represents a significant increase compared to EUR 0.50 in the previous year.
There is reason for investors to be confident, as the company also forecasts a profit of around EUR 2.43 per share for 2024 finance.net reported. The fourth quarter 2024 financial results are expected to be released on January 30, 2025, which should provide additional insight into the company's financial health.