Financials · DB

Deutsche Bank AG (DB) financials

For fiscal 2025 (ended Dec 31, 2025), Deutsche Bank AG reported €31.43B of revenue. Figures are in EUR, the currency of its SEC filings.

Revenue, FY2025
€31.43B
Revenue growth, YoY
-0.2%
Annual revenue€31.43B
FY2016FY2025
Annual net income€6.33B
FY2016FY2023
Annual free cash flow€5.18B
FY2016FY2023

DB revenue and earnings growth

DB revenueFY2025€31.43B

FY YoY
-0.2%
5Y CAGR
+5.5%
10Y CAGR
-0.6%

DB revenue was €31.43B for fiscal 2025 (ended Dec 31, 2025), down 0.2% from fiscal 2024. Compound annual growth was +5.5% over 5 years and -0.6% over 10 years. It rose in 5 of the last 10 fiscal years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue€31.43B€31.50B€31.16B€27.06B€25.54B€24.01B€23.27B€25.32B€26.45B€30.01B
Selling, general and admin€8.86B€11.24B€10.11B€9.73B€10.82B€10.26B€12.25B€11.29B€11.97B€15.45B
Interest expense--€27.42B€10.47B€5.66B€6.41B€11.46B€11.40B€11.16B€10.44B
Pre-tax income€9.07B€6.70B€7.96B€5.45B€3.52B€1.00B-€2.63B€1.33B€1.23B-€810.00M
Income tax--€1.50B-€107.00M€923.00M€391.00M€2.63B€989.00M€1.96B€546.00M
Net income--€6.33B€5.42B€2.45B€483.00M-€5.39B€267.00M-€751.00M-€1.40B
EPS, basic--€2.83€2.37€1.00€0.06-€2.71-€0.01-€0.53-€1.08
EPS, diluted--€2.77€2.32€0.97€0.06-€2.71-€0.01-€0.53-€1.08
Diluted shares--2.10B2.13B2.14B2.17B2.11B2,102.21,967.71,555.3

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents--€163.77B€165.63B€179.95B€156.33B€128.87B€180.82B€229.03B€185.65B
Goodwill€2.73B€2.96B€2.85B€2.92B€2.81B€2.74B€2.88B€3.88B€3.78B€4.10B
Total assets€1.44T€1.39T€1.32T€1.34T€1.32T€1.32T€1.30T€1.35T€1.47T€1.59T
Total liabilities--€1.24T€1.27T€1.26T€1.26T€1.24T€1.28T€1.41T€1.53T
Shareholders' equity€82.28B€81.86B€76.33B€72.14B€68.10B€54.77B€55.86B€62.49B€63.17B€64.82B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow--€5.61B-€2.11B-€2.95B€30.73B-€40.45B-€54.17B€39.58B€70.61B
Capital expenditures--€422.00M€337.00M€550.00M-€512.00M-€327.00M-€465.00M-€485.00M-€725.00M
Free cash flow--€5.18B-€2.45B-€3.50B€30.22B-€40.78B-€54.64B€39.09B€69.89B
Investing cash flow---€2.58B-€17.18B€23.59B-€1.89B-€10.28B€7.63B€2.43B€11.24B
Financing cash flow---€2.85B€614.00M€1.63B-€311.00M-€2.80B-€3.33B€7.14B-€1.65B
Dividends paid--€610.00M€406.00M€0€0-€227.00M-€227.00M-€392.00M€0
Share repurchases--€857.00M€695.00M€346.00M-€279.00M-€1.36B-€4.12B--

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-0.2%1.1%15.1%6.0%6.4%3.2%-8.1%-4.3%-11.9%-10.5%
Net income growth, YoY--16.8%121.1%407.5%-----
EPS growth, YoY--19.4%139.2%1516.7%-----
Net margin--20.3%20.0%9.6%2.0%-23.2%1.1%-2.8%-4.7%
Free cash flow margin--16.6%-9.1%-13.7%125.9%-175.2%-215.8%147.8%232.8%
Return on equity--8.3%7.5%3.6%0.9%-9.6%0.4%-1.2%-2.2%
Return on assets--0.5%0.4%0.2%0.0%-0.4%0.0%-0.1%-0.1%

Source: XBRL data Deutsche Bank AG files with the SEC, latest filing dated Mar 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

DB peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
DB€31.43B-0.2%--$68.90B
HSBC$68.27B+3.7%$23.13B33.9%$309.74B
GS$69.70B+18.7%$22.17B31.8%$261.38B
UBS$49.57B+2.0%$7.80B15.7%$151.93B

DB FAQ

4 questions
  • What is DB revenue?
    Deutsche Bank AG (DB) reported €31.43B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 0.2% from the year before.
  • How fast is DB revenue growing?
    Deutsche Bank AG's revenue changed -0.2% in fiscal 2025, to €31.43B. Its compound annual growth rate was +5.5% over 5 years and -0.6% over 10 years.
  • When did DB last report financial results?
    The latest statements here come from Deutsche Bank AG's 20-F filed on Mar 12, 2026, covering the period ended Dec 31, 2025.
  • Where does this DB financial data come from?
    Quantisnow builds these statements from the structured XBRL data Deutsche Bank AG files with the SEC. It is provided for information only and is not investment advice.