Deutsche Bank Aktiengesellschaft (NYSE:DB) Issues Quarterly Earnings Results, Beats Estimates By $0.19 EPS

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) issued its quarterly earnings results on Tuesday. The bank reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.19, Zacks reports. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. The business had revenue of $8.97 billion for the quarter, compared to analysts' expectations of $7.95 billion.

Deutsche Bank Aktiengesellschaft Stock Up 1.4 %

NYSE DB traded up $0.38 during trading hours on Friday, hitting $26.78. The company's stock had a trading volume of 3,230,912 shares, compared to its average volume of 2,299,526. The company has a market capitalization of $53.35 billion, a PE ratio of 19.27 and a beta of 1.03. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $26.96. The company's 50-day simple moving average is $23.53 and its two-hundred day simple moving average is $19.93.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be given a dividend of $0.5122 per share. The ex-dividend date of this dividend is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft's payout ratio is presently 15.18%.

Analyst Upgrades and Downgrades

Several research firms recently commented on DB. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday. Barclays reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Finally, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.