Erste Group Bank Has Bearish Estimate for DB FY2027 Earnings

Deutsche Bank Aktiengesellschaft (NYSE:DB) – Analysts at Erste Group Bank reduced their FY2027 earnings estimates for Deutsche Bank Aktiengesellschaft in a research note issued to investors on Tuesday, May 12th. Erste Group Bank analyst S. Lingnau now expects that the bank will earn $4.41 per share for the year, down from their prior estimate of $4.42. The consensus estimate for Deutsche Bank Aktiengesellschaft’s current full-year earnings is $4.01 per share.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.09. The business had revenue of $10.04 billion during the quarter, compared to the consensus estimate of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%.

A number of other research analysts have also issued reports on the company. Weiss Ratings lowered Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday. Oddo Bhf raised shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Barclays cut shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Up 1.6%

DB opened at $31.39 on Tuesday. Deutsche Bank Aktiengesellschaft has a 52 week low of $27.13 and a 52 week high of $40.43. The business has a 50 day moving average price of $31.02 and a two-hundred day moving average price of $35.01. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. The company has a market cap of $60.90 billion, a PE ratio of 8.65, a P/E/G ratio of 0.41 and a beta of 0.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the third quarter valued at $27,000. Triumph Capital Management purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at about $32,000. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 61.8% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock valued at $38,000 after purchasing an additional 413 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Deutsche Bank Aktiengesellschaft by 178.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after buying an additional 881 shares in the last quarter. Finally, Westside Investment Management Inc. grew its position in Deutsche Bank Aktiengesellschaft by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock worth $42,000 after buying an additional 593 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.