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Deutsche Bank AG (ETR:DBKGn) (Frankfurt Stock Exchange: DBK; NYSE: DB), with a market capitalization of $46.64 billion, has announced its proposal to pay a dividend of €0.68 per share for the fiscal year 2024. The announcement came on March 31, 2025, as part of the documents published in relation to its forthcoming Annual General Meeting (AGM) scheduled for May 22, 2025. According to InvestingPro data, the bank has consistently raised its dividend for four consecutive years, with the current yield standing at 2.27%.
The proposed dividend is subject to shareholder approval at the AGM. If approved, the record date for the dividend for shares trading in Germany is set for May 26, 2025, while for shares trading in the United States, the record date will be May 23, 2025. The payment of the dividend is expected to occur on May 27, 2025, which is the third business day following the AGM. For U.S. shareholders, the dividend will be converted to U.S. dollars on the payment date and is subject to applicable taxes. Shares on the NYSE will begin trading ex-dividend on May 23, 2025.
In addition to the dividend proposal, Deutsche Bank provided key updates from the first quarter of 2025. The bank’s financial results are prepared in accordance with International Financial Reporting Standards (IFRS) as endorsed by the European Union, which includes the application of portfolio fair value hedge accounting. This method is employed to reduce the volatility of reported revenue from Treasury activities.
For U.S. reporting purposes, Deutsche Bank also prepares financial reports in accordance with IFRS as issued by the International Accounting Standards Board (IASB), which does not permit the use of the EU carve-out. The impact of the EU carve-out is detailed in the bank’s 2024 Annual Report on Form 20-F filed with the SEC on March 13, 2025.
The bank’s forward-looking statements are subject to risks and uncertainties, including those related to financial market conditions and potential defaults of borrowers or trading counterparties. These factors could cause actual results to differ materially from those projected. With a P/E ratio of 11.67 and a year-to-date return of 39.77%, Deutsche Bank has shown strong market performance. For deeper insights into Deutsche Bank’s financial health and risk metrics, InvestingPro subscribers can access comprehensive analysis, including over 30 additional financial metrics and expert-curated ProTips.
The information disclosed in this article is based on a press release statement. For a complete understanding of Deutsche Bank’s financial position and future prospects, including detailed Fair Value analysis and comprehensive risk assessment, consider exploring the full Deutsche Bank Research Report available on InvestingPro, part of their coverage of over 1,400 top stocks.
In other recent news, Deutsche Bank has announced plans to significantly reduce its branch network and cut approximately 2,000 jobs in its retail banking sector by 2025. This move is part of a broader cost-cutting initiative outlined by CEO Christian Sewing. Additionally, RBC Capital Markets has upgraded its price target for Deutsche Bank to EUR26.00 from EUR22.00, maintaining an Outperform rating. The upgrade is attributed to Germany’s fiscal expansion and an improved economic outlook, which are expected to benefit the bank.
In the trading sector, Citadel Securities reported a record-breaking trading revenue of $9.7 billion, surpassing Deutsche Bank and other European banks. Meanwhile, the regulatory arm of the European Union is seeking feedback on potentially delaying the implementation of new trading regulations. This delay aims to prevent European banks like Deutsche Bank from being disadvantaged compared to their US counterparts due to regulatory discrepancies.
Furthermore, European auto stocks and banks, including Deutsche Bank, have faced declines amid escalating global trade tensions. The US has imposed tariffs on Canada and Mexico, while China has retaliated with tariffs on US agricultural goods, affecting sectors with substantial exposure to these markets. These developments contribute to a complex economic landscape for Deutsche Bank and other European financial institutions.
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