德意志银行二季度利润创新高并计划新增5亿欧元回购，但每股收益低于预期

- Deutsche Bank press release (DB): Q2 GAAP EPS of €0.57 misses by €0.06.
- Revenue of €8.48B (+8.7% Y/Y) beats by €350M.
- Assets under management (AuM) up € 135 billion in the quarter, including net inflows of € 34 billion, to more than € 1.9 trillion across Private Bank and Asset Management.
- Provision for credit losses of € 460 million, down 11% quarter on quarter.
- Common Equity Tier 1 capital ratio of 13.9%, in line with operating range of 13.5- 14.0%, after deductions in line with 60% payout ratio.
- Announced new €500 million share buyback program from 2026 net income and covered by current deductions, to follow completion of current €1 billion program.
- Deutsche Bank today announced a 10% year-on-year increase in profit after tax to € 1.9 billion for the second quarter of 2026, the highest ever second quarter.
- " Looking ahead, the rapid evolution of AI gives us added scope to deliver value to clients and make additional cost savings, while positive trends are becoming clearer across our policy and regulatory landscape. These developments, together with our record performance in 2026 to date, reinforce our confidence that we have upside to our 2028 targets.”
- Group Outlook for 2026 • Revenues: after strong first-half performance, firmly on track to reach full-year 2026 ambition of ~ € 33 billion • Noninterest expenses: expected in line with plan while continuing to invest and deliver operating efficiencies • Provision for credit losses: portfolios expected to reflect improving underlying trends vs. 2025 • Profitability: on track to deliver strong operating performance in full year 2026 • Capital: deductions from CET1 capital remain in line with 60% payout ratio target; launch of new € 500 million share buyback program planned for H2 upon completion of current € 1 billion program.