Deutsche Bank Ag · XETR:DBK
Deutsche Bank — FY2015 Earnings Presentation
20 slides from Deutsche Bank's earnings presentation, 2016
Slide 1: Financial Data Supplement 2015
Deutsche Bank Financial Data Supplement 2015 Based on 1Q2016 segment structure
Slide 2: FY15 Financial Data Supplement
FY15 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 f
Slide 3: Financial summary
Financial summary FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Key financial information Fully loaded CRR/CRD4 Leverage Ratio in %1 3.5 % 3.4 % 3.6 % 3.6 % 3.5 % 3.5 % CRR/CRD4 leverage exposure, in EUR bn.1 1,445 1,549 1,461 1,420 1,395 1,395 Common Equity Tier 1 capital ratio3,4,5 11.7 % 11.1 % 11.4
Slide 4: Consolidated Statement of Income
Consolidated Statement of Income (In EUR m.) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Interest and similar income 25,001 6,457 6,936 6,661 5,913 25,967 Interest expense 10,729 2,247 2,815 2,968 2,056 10,086 Net interest income 14,272 4,210 4,122 3,693 3,857 15,881 Provision for credit losses 1,134
Slide 5: Net revenues - Segment view
11 Net revenues - Segment view (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Global Markets: Sales & Trading (equity) 2,966 1,027 969 588 526 3,111 Sales & Trading (debt and other products) 7,550 2,905 2,232 1,821 1,240 8,198 Sales & Trading 10,516 3,933 3,201 2,410
Slide 6: Global Markets
Global Markets (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Sales & Trading (equity) 2,966 1,027 969 588 526 3,111 Sales & Trading (debt and other products) 7,550 2,905 2,232 1,821 1,240 8,198 Sales & Trading 10,516 3,933 3,201 2,410 1,766 11,309 Other (620) (334) 6
Slide 7: Corporate & Investment Banking
Corporate & Investment Banking (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Trade Finance & Cash Management Corporates 2,614 702 677 708 720 2,807 Institutional Cash & Securities Services 1,608 435 467 477 488 1,868 Equity Origination 761 204 254 78 122 658 Debt Ori
Slide 8: Private, Wealth & Commercial Clients
Private, Wealth & Commercial Clients (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Credit products 2,053 540 530 543 545 2,158 Deposit products 1,534 343 339 326 323 1,332 Investment & insurance prodiucts 1,219 378 335 313 283 1,309 Payments, cards & account products
Slide 9: Deutsche Asset Management
Deutsche Asset Management (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Management Fees 1,989 580 595 583 587 2,345 Performance & Transaction Fees 220 47 74 38 113 271 Other Revenues 341 36 190 125 82 433 Mark-to-market movements on policyholder positions in Abbey Li
Slide 10: Postbank
Postbank (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Current Accounts 1,235 291 285 284 276 1,135 Loans 1,027 306 304 321 303 1,234 Savings 940 235 230 230 222 917 Investment & Insurance Products 86 28 20 20 16 83 Postal 416 61 61 60 65 247 NCOU (317) (59) (22) (67
Slide 11: Non-Core Operations Unit
Non-Core Operations Unit (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Total net revenues 489 395 223 236 (60) 794 Provision for credit losses 251 29 6 (0) 17 51 Compensation and benefits 94 30 19 17 20 86 General and administrative expenses 2,366 654 1,066 410 791 2
Slide 12: Consolidation & Adjustments
Consolidation & Adjustments (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Total net revenues (55) 458 (214) (162) 72 154 Provision for credit losses 1 1 1 (1) 1 1 Compensation and benefits 3,532 1,002 1,057 1,015 987 4,061 General and administrative expenses (3,327)
Slide 13: Credit risk
Credit risk (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Allowance for loan losses Balance, beginning of period 5,589 5,212 5,315 5,039 4,897 5,212 Provision for loan losses 1,129 211 133 169 370 883 Net charge-offs (1,509) (202) (347) (305) (240) (1,094) Charge-off
Slide 14: Regulatory capital and market risk
Regulatory capital and market risk (In EUR m., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 CRR/CRD 4 Regulatory capital fully loaded fully loaded fully loaded fully loaded fully loaded Common Equity Tier 1 capital
Slide 15: Consolidated Balance Sheet - Assets
Consolidated Balance Sheet - Assets (In EUR m., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 Assets: Cash and central bank balances 74,482 82,777 80,499 91,221 96,940 Interbank balances without central banks 9,090 9,527 9,523 11,341 12,842 Central bank fu
Slide 16: Consolidated Balance Sheet - Liabilities and total equity
Consolidated Balance Sheet - Liabilities and total equity (In EUR m., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 Liabilities and equity: Non-interest bearing deposits 160,733 176,660 184,605 190,917 192,010 Demand deposits 144,172 157,304 161,125 159,96
Slide 17: Leverage ratio measures
Leverage ratio measures (In EUR bn., unless stated otherwise) Dec 31, 2014 Mar 31, 2015 Jun 30, 2015 Sep 30, 2015 Dec 31, 2015 Total assets 1,709 1,955 1,694 1,719 1,629 Changes from IFRS to CRR/CRD41 (264) (407) (233) (299) (234) Derivatives netting1 (562) (668) (480) (508) (460) Derivatives add-on
Slide 18: Non-GAAP financial measures
Non-GAAP financial measures (In EUR m., unless stated otherwise) FY2014 1Q2015 2Q2015 3Q2015 4Q2015 FY2015 Average shareholders' equity 61,410 71,153 71,865 69,034 64,298 69,055 Post-tax return on equity 21 Post-tax return on average shareholders' equity 2.7 % 3.1 % 4.4 % (34.8)% (13.2)% (9.8)% Shar
Slide 19: Definition of certain financial measures
Definition of certain financial measures Profitability ratios Cost ratios The post-tax return on average shareholders’ equity and average tangible Cost/income ratio: Noninterest expenses as a percentage of total net revenues, shareholders’ equity, at the Group level reflects the reported effective t
Slide 20: Footnotes
Footnotes 1. Based on current CRR/CRD 4 rules (including amendments with regard to leverage 16. Income (loss) before income taxes attributable to Deutsche Bank shareholders ratio of Commission Delegated Regulation (EU) 2015/62 published in the Official (annualized), which is defined as IBIT excludin