Deutsche Bank share: price increase and record profits expected!

On Friday morning, January 4, 2025, the Deutsche Bank share recorded a price increase of 0.4% and is currently trading at EUR 16.88. The highest price during trading was EUR 16.89, while the opening price was EUR 16.71. 159,901 shares changed hands in XETRA trading. The stock reached a 52-week high of EUR 17.31, recorded on December 16, 2024, while the 52-week low is EUR 11.52 (reached on February 9, 2024). This means the current price is 31.74% above the 52-week low.

A dividend of EUR 0.450 was paid for the 2023 financial year, while an expected dividend of EUR 0.663 is forecast for 2024. Analysts estimate an average price target of EUR 20.44 for the bank. In addition, during a financial conference on October 23, 2024, the company reported earnings per share (EPS) of EUR 0.74, compared to EUR 0.50 in the previous year. Sales for the third quarter of 2024 were EUR 16.59 billion, an increase of 8.87% compared to the previous year. Earnings of EUR 2.43 per share are forecast for 2024. The fourth quarter 2024 results are scheduled to be released on January 30, 2025, while the fourth quarter 2025 results are expected to be released on January 29, 2026.

Background information about Deutsche Bank

Deutsche Bank, headquartered in Frankfurt am Main, is one of the largest and most important banks in Germany and plays a significant role in the international financial industry. Founded in 1870, it offers a wide range of financial services including investment banking, retail banking, asset management and corporate finance. The bank relies on innovation and digital transformation as well as an integrative and sustainable banking strategy.

In the 2023 financial year, a pre-tax profit of 5.7 billion euros was achieved, which is the highest profit in the last 16 years. A proposal to increase the dividend to 0.45 euros compared to 0.30 euros in the previous year is expected at the general meeting on May 22, 2025.