DB financial statements
The full income statement, balance sheet, and cash-flow statement for Deutsche Bank AG (DB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 35.6B YoY+4.3% | 34.1B YoY+1.2% | 33.7B YoY+18.4% | 28.5B YoY-5.8% | 30.2B YoY+10.4% | |
| Pre-tax income | 10.3B YoY+41.5% | 7.25B YoY-15.7% | 8.60B YoY+50.2% | 5.73B YoY+37.6% | 4.16B YoY+263.9% | |
| Income tax | — | — | 1.63B YoY+1544.9% | -112M YoY-110.3% | 1.09B YoY+144.9% | |
— | — | 6.98B YoY+19.5% | 5.84B YoY+90.2% | 3.07B YoY+340.0% | ||
— | — | $3.00 YoY+22.8% | $2.44 YoY+112.6% | $1.15 YoY+1577.4% | ||
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | — | — | 181B YoY+2.7% | 177B YoY-13.6% | 204B YoY+6.7% | |
1.69T YoY+16.6% | 1.45T YoY-0.5% | 1.46T YoY+1.7% | 1.43T YoY-4.8% | 1.51T YoY-7.3% | ||
| Total liabilities | — | — | 1.37T YoY+1.3% | 1.36T YoY-5.0% | 1.43T YoY-7.7% | |
96.7B YoY+13.2% | 85.4B YoY+16.9% | 73.0B YoY+10.9% | 65.9B YoY-0.2% | 66.0B YoY-1.7% | ||
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash from operations | — | — | 6.06B YoY+372.9% | -2.22B YoY+36.4% | -3.49B YoY-110.0% | |
| Acquisitions | — | — | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | — | — | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | — | — | 0.00 | 0.00 | 0.00 | |
| Common stock issued | — | — | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.83B YoY+50.3% | 1.22B YoY+31.5% | 927M YoY+26.8% | 731M | 0.00 | |
| Dividends paid | — | 1.24B YoY+61.6% | 768M YoY+45.5% | 528M | 0.00 | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 73.4B YoY+121.2% | 33.2B YoY+20.1% | 27.6B YoY+16.0% | 23.8B YoY-7.8% | 25.8B YoY+14.7% | |
| P/E | 10.5× YoY+121.2% | 4.8× YoY+0.5% | 4.7× YoY-39.0% | 7.8× YoY-7.8% | 8.4× YoY-73.9% | |
| P/S | 2.1× YoY+112.0% | 1.0× YoY+0.2% | 1.0× YoY+23.2% | 0.8× YoY-7.8% | 0.9× YoY+3.9% | |
| P/B | 0.8× YoY+95.4% | 0.4× YoY-7.4% | 0.4× YoY+16.3% | 0.4× YoY-7.8% | 0.4× YoY+16.7% | |
9.5% YoY-54.8% | 21.0% YoY-0.5% | 21.1% YoY+64.0% | 12.9% YoY+8.5% | 11.9% YoY+283.5% | ||
— | 3.7% YoY+31.6% | 2.8% YoY+26.5% | 2.2% | — | ||
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: DB's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DB filings on SEC EDGAR → Not investment advice.