Deutsche Bank Aktiengesellschaft (DBK) Earnings Call Transcripts
Deutsche Bank Aktiengesellschaft's Latest Earnings Call - June 3, 2026
In the second quarter of 2026, Deutsche Bank Aktiengesellschaft (DBK:DE) reported a strong performance, with management expressing confidence in achieving their EUR 33 billion revenue target for the fiscal year. Revenue growth was driven by robust asset management inflows and a diversified business mix, although the Corporate Bank faced challenges due to FX and interest rate headwinds. The bank maintained its guidance for year-over-year revenue growth across its segments, signaling a positive outlook despite macroeconomic uncertainties.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | EUR 33 billion (inline) |
| AUM (Asset Management) | EUR 700 billion (positive) |
| Loan Growth (Corporate Bank) | 8%+ (positive) |
| Net New Assets (Private Bank) | EUR 11 billion (positive) |
| Cost Target | EUR 21 billion (inline) |
| Return on Tangible Equity (RoTE) | 13% (positive) |
Guidance from management
Management maintained their revenue guidance of EUR 33 billion for the fiscal year, expressing confidence in achieving this target despite macroeconomic uncertainties. They expect growth across all business segments, particularly in the Private Bank and Investment Bank.
What analysts pressed on
Analysts expressed concerns regarding the Corporate Bank's exposure to FX and interest rate headwinds, questioning the sustainability of revenue growth in this segment. Additionally, there were inquiries about the potential impact of macroeconomic conditions on credit quality in the German automotive sector.
Main topics on the call
- Revenue Growth Confidence — Management expressed increased confidence in achieving the EUR 33 billion revenue target, stating, "I feel much better about it today than I was at the beginning of the year." They expect growth across all business segme...
- Asset Management Performance — The Asset Management division reported strong inflows, with management targeting long-term flows of EUR 160 billion. They noted, "We still believe we're going to have strong showing for our management fee side," indicati...
- Corporate Bank Challenges — Despite expectations for year-over-year revenue growth, the Corporate Bank faced FX and interest rate headwinds. Management stated, "The loan growth was actually in excess of 8%" but acknowledged that these factors maske...
- Private Bank Growth Strategy — The Private Bank achieved record AUM of EUR 700 billion, with management highlighting a "6% run rate on net new assets". They emphasized a focus on high-fee discretionary portfolio management, indicating a sustainable gr...
Read the full Deutsche Bank Aktiengesellschaft transcript (June 3, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft (DBK) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on XTRA and is based in DE. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 95 calls on record spanning January 30, 2020 to July 30, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 95 Deutsche Bank Aktiengesellschaft earnings call transcripts on record, spanning January 30, 2020 to July 30, 2026. Based on this history, Deutsche Bank Aktiengesellschaft reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- DBK
- Exchange
- XTRA
- Country
- DE
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 95
- First call
- January 30, 2020
- Most recent
- July 30, 2026
- Reporting cadence
- quarterly