DB News and Press, Deutsche Bank AG From 10/26/22

Summary Investment-grade EM borrowers continue to achieve positive demand. Both the Kingdom of Saudi Arabia and Emirates NBD enjoyed healthy demand, further confirming the strong investor sentiment towards stronger GCC credits. Nigeria's debt stress should not currently requir...

Deutsche Bank press release ( NYSE: DB ): Q3 post-tax profit rises more than threefold year on year to €1.2 billion. Core Bank pre-tax profit more than doubles year on year to €1.8 billion Revenue of €6.9B (+14.2% Y/Y). Corporate Bank up 2...

Deutsche Bank ( NYSE: DB ) is scheduled to announce Q3 earnings results on Wednesday, October 26th, before market open. The consensus EPS estimate is $0.33 (-6.88% Y/Y) and consensus revenue estimate is $6.45B (-8.03% Y/Y). Over the last 3 months, EPS estimates ha...

Summary European banks are trading at distressed valuations and at a fraction of their net asset values. The fundamental performance is not being reflected in the current valuation. In this article, I will compare and contrast CS, BCS and DB. In a recessionary environment,...

Germany's Deutsche Bank ( NYSE: DB ) has laid off 20 New York-based junior bankers and a number of senior staff within the lender's Origination & Advisory business, people familiar with the matter told the New York Post on Thursday. The job cuts came as the ban...

Deutsche Bank ( NYSE: DB ) headquarters were searched by prosecutors as part of Germany's wider investigation into "cum-ex" transactions, according to media reports . Under the cum-ex scheme, clients of several big banks allegedly profited from share transactions executed ...

Summary Barclays' share price recently declined due to the UK mini-budget debacle. BOE has won the game of Chicken with the UK government. I expect BCS to bounce higher from here. The read across from the U.S. banks reporting is bullish. BCS is a dividend growth stock,...

Summary Credit Suisse shares have been suffering for a while since 2021. But the recent several months were a disaster for its shares. There have been rumors recently the bank is about to be liquidated. This is not true even though the bank may need to attract further capital....

Moody's Investors Service upgraded Deutsche Bank's ( NYSE: DB ) long-term ratings by a notch to A1 from A2 on Wednesday and revised its outlook on long-term deposit and senior debt ratings to stable from positive, due to the German lender's progress in meeting its medium-term ta...

Summary Deutsche Bank's management expects its revenue to total EUR 26-27 billion for fiscal 2022, a strong result, indeed. Deutsche Bank's stock is clearly undervalued. Higher interest rates are positive for any bank. The macroeconomic environment is dangerous, especially...