Deutsche Bank - currently a good opportunity?
Deutsche Bank AG was founded in 1870 and is one of the largest financial service providers in the world.
The figures will be presented on October 23.
The bank should have performed well at the operating level. The interest rate environment remains favorable, so that the spreads will support the result.
In addition, the bank is posting extraordinary income of around 430 million euros. This comes from the reversal of the provision for postal banking risks.
The capital markets were also very favorable in the third quarter, which speaks for decent income in investment banking.
The P/E ratio is currently favorable at 9.47.
Profit growth of +8.52% is expected for the coming years (until 2026).
The share is currently trading just off its high for the year.
The average target price is €18.71, which represents a potential change of + 15.30% compared to the current price.
The dividend yield is 2.79%.
So much for the facts. I am curious what your assessment is.
