Deutsche Bank Aktiengesellschaft (DB) Set to Announce Quarterly Earnings on Wednesday

Deutsche Bank Aktiengesellschaft (NYSE:DB) is set to announce its earnings results before the market opens on Wednesday, July 24th. Analysts expect the company to announce earnings of $0.43 per share for the quarter.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Thursday, April 25th. The bank reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The firm had revenue of $8.45 billion for the quarter, compared to analysts’ expectations of $8.13 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.47% and a net margin of 6.68%. On average, analysts expect Deutsche Bank Aktiengesellschaft to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB traded down $0.15 on Tuesday, reaching $16.78. 135,377 shares of the stock traded hands, compared to its average volume of 2,652,917. Deutsche Bank Aktiengesellschaft has a 12 month low of $10.00 and a 12 month high of $17.95. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.40. The firm’s fifty day simple moving average is $16.49 and its 200 day simple moving average is $15.25. The company has a market cap of $34.68 billion, a price-to-earnings ratio of 7.31, a P/E/G ratio of 3.14 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The company also recently announced an annual dividend, which was paid on Tuesday, May 21st. Investors of record on Thursday, May 16th were paid a dividend of $0.3313 per share. The ex-dividend date of this dividend was Friday, May 17th. This represents a yield of 2.05%.

Analyst Ratings Changes

Separately, Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 27th.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.