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home / news releases / JPM - Deutsche Bank: All About Share Buybacks At 0.35x Tangible Book Value

JPM - Deutsche Bank: All About Share Buybacks At 0.35x Tangible Book Value

JP Morgan Chase & Co.

2023-03-19 01:54:33 ET

Summary

  • Deutsche Bank is a flight to quality play these days.
  • The path to >10% RoTCE by 2025 is credible.
  • The game-changer is share buybacks which I expect to commence later in 2023.
  • DB stock is a compelling opportunity at 0.35x tangible book value.

For further details see:

Deutsche Bank: All About Share Buybacks At 0.35x Tangible Book Value
Stock Information
Company Name: JP Morgan Chase & Co.
Stock Symbol: JPM
Market: NYSE
Website: jpmorganchase.com
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