Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Q3 2016 Earnings Presentation
23 slides from Deutsche Bank's earnings presentation, Oct 27, 2016
Slide 1: Financial Data Supplement 3Q2016
Deutsche Bank Financial Data Supplement 3Q2016 27 October 2016
Slide 2: 3Q2016 Financial Data Supplement
3Q2016 Financial Data Supplement Due to rounding, numbers presented throughout this document may not Deutsche Bank consolidated add up precisely to the totals we provide and percentages may not Financial summary 2 precisely reflect the absolute figures. Consolidated Statement of Income 3 All segment
Slide 3: Financial summary
Financial summary 3Q2016 vs. 3Q2016 vs. 9M2016 vs. FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Key financial information Fully loaded CRR/CRD4 Leverage Ratio in %1 3.5 % 3.4 % 3.6 % 3.6 % 3.5 % 3.5 % 3.4 % 3.4 % 3.5 % (0.1)ppt 0.1 ppt 3.6 % 3.5 %
Slide 4: Consolidated Statement of Income
Consolidated Statement of Income 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m.) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Interest and similar income 25,001 6,457 6,936 6,661 5,913 25,967 6,032 6,721 6,359 (5)% (5)% 20,054 19,112 (5)% Interest ex
Slide 5: Net revenues - Segment view
12 Net revenues - Segment view 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Global Markets: Sales & Trading (equity) 3,117 1,109 1,040 632 557 3,337 751 720 603 (5)% (16)% 2,780
Slide 6: Global Markets
Global Markets 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Sales & Trading (equity) 3,117 1,109 1,040 632 557 3,337 751 720 603 (5)% (16)% 2,780 2,074 (25)% Sales & Trading (de
Slide 7: Corporate & Investment Banking
Corporate & Investment Banking 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Trade Finance & Cash Management Corporates 2,611 701 677 713 711 2,803 657 635 690 (3)% 9% 2,092 1,98
Slide 8: Private, Wealth & Commercial Clients
Private, Wealth & Commercial Clients 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Credit products 2,043 537 528 540 542 2,148 537 561 570 5% 2% 1,606 1,668 4% Deposit products 1
Slide 9: Deutsche Asset Management
Deutsche Asset Management 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Management Fees 1,988 624 552 583 586 2,344 542 540 550 (6)% 2% 1,758 1,632 (7)% Performance & Transaction
Slide 10: Postbank
Postbank 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Current Accounts 1,281 301 296 295 286 1,179 282 273 267 (9)% (2)% 892 822 (8)% Loans 983 293 291 308 290 1,183 302 296 298
Slide 11: Non-Core Operations Unit
Non-Core Operations Unit 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Total net revenues 489 395 223 236 (60) 794 16 (349) (191) N/M (45)% 854 (524) N/M Provision for credit los
Slide 12: Consolidation & Adjustments
Consolidation & Adjustments 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Total net revenues (26) 480 (206) (158) 69 184 123 (45) (209) 32 % N/M 115 (132) N/M Provision for credi
Slide 13: Credit risk
Credit risk 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Allowance for loan losses Balance, beginning of period 5,589 5,212 5,315 5,039 4,897 5,212 5,028 4,644 4,476 (11)% (4)%
Slide 14: Regulatory capital
Regulatory capital Sep 30, 2016 vs. (In EUR m., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2015 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 Regulatory capital2,3,4 fully
Slide 15: Consolidated Balance Sheet - Assets
Consolidated Balance Sheet - Assets Sep 30, 2016 vs. (In EUR m., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2015 Assets: Cash and central bank balances 74,482 82,777 80,499 91,221 96,940 113,040 122,868 108
Slide 16: Consolidated Balance Sheet - Liabilities and total equity
Consolidated Balance Sheet - Liabilities and total equity Sep 30, 2016 vs. (In EUR m., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2015 Liabilities and equity: Non-interest bearing deposits 160,733 176,660 1
Slide 17: Leverage ratio measures
Leverage ratio measures Sep 30, 2016 vs. (In EUR bn., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2015 Total assets 1,709 1,955 1,694 1,719 1,629 1,741 1,803 1,689 4% Changes from IFRS to CRR/CRD41 (264) (40
Slide 18: Non-GAAP financial measures (1/3)
Non-GAAP financial measures (1/3) 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Global Markets: Income (loss) before income taxes (IBIT) 1,843 42 1,083 (1,989) (954) (1,817) 395
Slide 19: Non-GAAP financial measures (2/3)
Non-GAAP financial measures (2/3) 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Deutsche Asset Management: Income (loss) before income taxes (IBIT) 674 103 266 142 173 684 162 17
Slide 20: Non-GAAP financial measures (3/3)
Non-GAAP financial measures (3/3) 3Q2016 vs. 3Q2016 vs. 9M2016 vs. (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 1Q2016 2Q2016 3Q2016 3Q2015 2Q2016 9M2015 9M2016 9M2015 Consolidation & Adjustments: Income (loss) before income taxes (IBIT) (236) 413 (418) (255) (510)
Slide 21: Definition of certain financial measures (1/2)
Definition of certain financial measures (1/2) Non-GAAP Financial Measures At the Group level, tangible shareholders' equity is shareholders’ equity as reported in the Consolidated Balance Sheet excluding goodwill and other This document and other documents the Group has published or may publish int
Slide 22: Definition of certain financial measures (2/2)
Definition of certain financial measures (2/2) Adjusted Costs Other key ratios Adjusted costs is one of the key performance indicators outlined in Strategy 2020. It Diluted earnings per share: Net income (loss) attributable to Deutsche Bank is a non-GAAP financial measure for which the most directly
Slide 23: Footnotes
Footnotes 1. Based on current CRR/CRD 4 rules (including amendments with regard to leverage 14. Segment assets represent consolidated view, i.e. the amounts do not include ratio of Commission Delegated Regulation (EU) 2015/62 published in the Official intersegment balances (except for Central Liquid