Deutsche Bank Aktiengesellschaft Earnings Report: Misses EPS Estimates

Deutsche Bank Aktiengesellschaft (NYSE:DB) released its latest earnings results on Thursday. For the quarter, the bank announced earnings per share (EPS) of $0.16, which fell short of the expected EPS of $0.43 by $0.27, according to reports from Zacks. Furthermore, the bank recorded a return on equity of 5.35% and a net profit margin of 6.40%.

Price Movement of Deutsche Bank Aktiengesellschaft

During trading on Thursday, shares of Deutsche Bank saw a decrease of $0.28, bringing the stock price to $19.84. A total of 2,637,820 shares changed hands, which is higher than the average trading volume of 1,818,788 shares. The firm has a market capitalization of approximately $39.51 billion and a price-to-earnings (P/E) ratio of 10.17, with a beta value of 1.20. Over the past fifty-two weeks, the stock has reached a low of $12.43 and a high of $20.45. The moving averages show a 50-day average price of $17.77 and a 200-day average price of $16.91. Additionally, Deutsche Bank has a current ratio and a quick ratio of 0.78 and a debt-to-equity ratio of 1.47.

Changes in Analyst Ratings

In other news, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a recent research note published on Tuesday. Currently, two analysts hold a "hold" rating on the stock, while three have given it a "buy" classification. This positions the bank's stock with a consensus rating of "Moderate Buy," according to MarketBeat data.

Profile of Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a corporation established for providing a range of financial services. It specializes in corporate and investment banking, as well as asset management, catering to private individuals, corporate clients, and institutional investors across various regions, including Germany, the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

DeutscheBank, Earnings, Analysis