Previous close | 13.63 |
Open | 13.58 |
Bid | 13.50 x 555100 |
Ask | 13.51 x 230000 |
Day's range | 13.38 - 13.64 |
52-week range | 7.95 - 13.79 |
Volume | |
Avg. volume | 8,457,193 |
Market cap | 26.905B |
Beta (5Y monthly) | 1.19 |
PE ratio (TTM) | 4.88 |
EPS (TTM) | 2.77 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | 0.45 (3.30%) |
Ex-dividend date | 17 May 2024 |
1y target est | 14.20 |
Germany's federal financial supervisory authority BaFin said on Monday it had imposed a fine of 50,000 euros ($54,340) on Deutsche Bank. The fine relates to false information regarding a serious customer-related IT security incident in its payment services in 2023. Deutsche Bank was also "significantly late" in informing BaFin, the regulator said.
Deutsche Bank CEO Christian Sewing earned 8.7 million euros ($9.52 million) in 2023, down slightly from 8.9 million euros in 2022 after a fall in profit, the bank said in its annual report on Thursday. Germany's biggest bank saw its 2023 profit fall to 4.21 billion euros from 5.03 billion euros a year earlier, as revenues at its investment bank declined. After years of losses it undertook a major overhaul in 2019 to wean itself away from its dependence on volatile investment banking.
Deutsche Bank's chief executive officer said on Tuesday that he expects the current crisis in commercial real estate to continue in 2024 and that provisions for loan losses will be at the upper end of its projected range. There won't be "overall big relief" to the challenges facing commercial real estate in 2024, CEO Christian Sewing said at a financial conference. Deutsche Bank is Germany's largest lender and also has the most in outstanding loans to the commercial real-state sector among its domestic competitors, data show.