Deutsche Bank by the numbers: More money for shareholders

The latest quarterly figures sent Deutsche Bank shares into a veritable fireworks display last Thursday. The shares climbed close to the €30.00 mark. Statements regarding planned future dividends also played a role.
The second quarter set a benchmark for Deutsche Bank. Profit of €1.5 billion was the highest for the April-June period since 2007. This also applies to the entire first half of the year. CEO Christian Sewing's strategy is now gaining momentum.
The financial institution is also optimistic about the current quarter: "It's still early days, but we are encouraged by the strong start to the third quarter," said CEO Christian Sewing, according to a prepared statement for the analyst conference. For the full year, the bank believes it is on track to achieve its self-imposed targets.
Investors were also pleased with the company's dividend policy. The dividend and share buybacks have been rising for some time, and this trend is expected to continue in the foreseeable future. In May, a profit participation of €0.68 per share was paid out. A share buyback program was launched at the beginning of April and is scheduled to be completed by mid-September at the latest.
The volume amounts to €750 million, and €450 million has already been spent. The next program has now been announced for the second half of the year; the amount is still unknown. However, distributions are expected to increase further beyond 2025.
The target of a return on equity of more than ten percent for the full year now appears within striking distance. Higher dividends are also realistic in the coming quarters, as the common equity tier 1 ratio of 14.2 percent is above the internal target of up to 14 percent. The stock is a current recommendation and still worth a look. Today, the markets are likely to focus on yesterday's EU-US tariff deal. Investors are sticking with it.
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