Deutsche Bank shares: upward trend delights investors in Frankfurt!

Deutsche Bank shares: upward trend delights investors in Frankfurt!

On Monday, December 16, 2024, Deutsche Bank shares showed continued positive price movements, which brought them into the focus of investors. In XETRA trading, the price rose by 0.4 percent to EUR 17.13 before reaching a daily high of EUR 17.31. At the start of trading, the price was EUR 17.02 and 2,322,089 shares were traded, which catapulted the stock below the current winners in the DAX 40, which moved by 20,333 points. Loud finance.net Deutsche Bank already achieved an interim high of EUR 17.14 on December 11, 2024, so that the share is now only 0.90 percent below its 52-week high.

Pleasing quarterly figures and dividend prospects

As in the current reports from finanzen.ch mentioned, Deutsche Bank presented its third quarter balance sheet on October 23, 2024, which indicated positive developments. Earnings per share were EUR 0.74, compared to EUR 0.50 in the same quarter last year. Sales grew by 8.87 percent to EUR 16.59 billion. In addition, a dividend of EUR 0.664 per share is expected for 2024, an increase compared to the dividend payment of EUR 0.450 in 2023. Analysts continue to forecast that earnings per share in 2024 could be around EUR 2.43.

These encouraging numbers and share price gains boost investor confidence and could put Deutsche Bank in an attractive position for the coming months, with its upcoming fourth quarter results scheduled to be released on January 30, 2025.