Erste Group Bank Has Bearish Forecast for DB FY2026 Earnings

Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) - Analysts at Erste Group Bank decreased their FY2026 earnings per share estimates for Deutsche Bank Aktiengesellschaft in a research report issued on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now expects that the bank will post earnings of $3.73 per share for the year, down from their previous forecast of $3.89. The consensus estimate for Deutsche Bank Aktiengesellschaft's current full-year earnings is $3.89 per share.

A number of other brokerages have also issued reports on DB. UBS Group reaffirmed a "buy" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Deutsche Bank Aktiengesellschaft from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, July 29th. DZ Bank reissued a "buy" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, July 29th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft from a "neutral" rating to a "buy" rating in a research report on Tuesday, September 1st. Finally, Zacks Research raised shares of Deutsche Bank Aktiengesellschaft from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 27th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of "Moderate Buy" and a consensus price target of $43.00.

Deutsche Bank Aktiengesellschaft Stock Down 0.9%

Shares of DB opened at $33.35 on Wednesday. The business's 50 day moving average is $37.87 and its 200 day moving average is $34.85. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35. Deutsche Bank Aktiengesellschaft has a 12-month low of $28.12 and a 12-month high of $41.62. The company has a market capitalization of $64.71 billion, a PE ratio of 8.89, a price-to-earnings-growth ratio of 0.47 and a beta of 1.00.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The bank reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by ($0.25). Deutsche Bank Aktiengesellschaft had a return on equity of 8.46% and a net margin of 11.53%. The business had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.30 billion.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DB. Bank of America Corp DE raised its holdings in Deutsche Bank Aktiengesellschaft by 83.1% during the 1st quarter. Bank of America Corp DE now owns 21,420,171 shares of the bank's stock valued at $637,893,000 after buying an additional 9,719,181 shares during the period. Amundi lifted its position in Deutsche Bank Aktiengesellschaft by 11.4% in the first quarter. Amundi now owns 60,059,707 shares of the bank's stock worth $1,788,578,000 after buying an additional 6,139,611 shares during the last quarter. Artemis Investment Management LLP boosted its stake in Deutsche Bank Aktiengesellschaft by 242.2% during the third quarter. Artemis Investment Management LLP now owns 4,997,095 shares of the bank's stock worth $180,435,000 after buying an additional 3,536,604 shares during the period. SEB Asset Management AB purchased a new position in Deutsche Bank Aktiengesellschaft during the first quarter worth $52,931,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in Deutsche Bank Aktiengesellschaft during the first quarter valued at $42,643,000. 27.90% of the stock is owned by institutional investors.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a Germany-based global financial services company headquartered in Frankfurt. Founded in 1870, the bank serves corporations, institutions, governments, entrepreneurs and private clients through a broad range of banking and financial services.

Its principal business areas include Corporate Bank, Investment Bank, Private Bank and Asset Management. Services include transaction banking, lending, cash management, trade finance, investment banking, securities trading, wealth management, retail banking and asset management.

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