Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Q2 2017 Earnings Presentation
23 slides from Deutsche Bank's earnings presentation, Jul 27, 2017
Slide 1: Financial Data Supplement Q2 2017
Deutsche Bank Financial Data Supplement Q2 2017 27 July 2017
Slide 2: Q2 2017 Financial Data Supplement
Q2 2017 Financial Data Supplement Due to rounding, numbers presented throughout this document may not Deutsche Bank consolidated sum precisely to the totals we provide and percentages may not Financial summary 2 precisely reflect the absolute figures. 3 Consolidated Statement of Income All segment f
Slide 3: Financial summary
Financial summary Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Key financial information Pro-forma CRR/CRD4 Leverage Ratio in % (fully loaded) 1,2 3.5 % 3.4 % 3.4 % 3.5 % 3.5 % 3.5 % 3.4 % 3.8 % 0.4 ppt 0.
Slide 4: Consolidated Statement of Income
Consolidated Statement of Income Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m.) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Interest and similar income 25,967 6,032 6,721 6,359 6,523 25,636 6,138 5,630 (16)% (8)% 12,753 11,768 (8)% Interest
Slide 5: Net revenues - Segment view
Net revenues - Segment view10 Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m.) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Corporate & Investment Bank: Global Transaction Banking 4,609 1,101 1,104 1,130 1,085 4,421 1,041 975 (12)% (6)% 2,205 2
Slide 6: Corporate & Investment Bank
Corporate & Investment Bank Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Global Transaction Banking 4,609 1,101 1,104 1,130 1,085 4,421 1,041 975 (12)% (6)% 2,205 2,015 (
Slide 7: Private & Commercial Bank
Private & Commercial Bank Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Private & Commercial Clients 5,590 1,363 1,365 1,264 1,228 5,220 1,298 1,305 (4)% 1% 2,728 2,603 (5
Slide 8: Deutsche Asset Management
Deutsche Asset Management Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Management Fees 2,339 541 538 549 563 2,191 562 575 7% 2% 1,079 1,138 5% Performance & Transaction
Slide 9: Non-Core Operations Unit
Non-Core Operations Unit Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Total net revenues 794 16 (349) (191) 142 (382) - - N/M N/M (333) - N/M Provision for credit losses
Slide 10: Consolidation & Adjustments
Consolidation & Adjustments Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Total net revenues 192 126 (57) (189) (345) (465) (372) (236) N/M (37)% 69 (608) N/M Provision fo
Slide 11: Credit risk
Credit risk Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Allowance for loan losses Balance, beginning of period 5,212 5,028 4,644 4,476 4,562 5,028 4,546 4,275 (8)% (6)%
Slide 12: CRR/CRD4 Regulatory capital
CRR/CRD4 Regulatory capital Pro-forma Pro-forma Jun 30, 2017 vs. 20 (In € m., unless stated otherwise) Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2016 Mar 31, 2017 Jun 30, 2017 Jun 30, 2017 Dec 31, 2016 Regulatory capital (fully loaded)2,4 Common Equity Tier 1 capital 44,101 42,770
Slide 13: Consolidated Balance Sheet - Assets
Consolidated Balance Sheet - Assets Jun 30, 2017 vs. (In € m., unless stated otherwise) Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2016 Mar 31, 2017 Jun 30, 2017 Dec 31, 2016 Assets: Cash and central bank balances 96,940 113,040 122,868 108,250 181,364 179,461 227,514 25 % Interbank
Slide 14: Consolidated Balance Sheet - Liabilities and total equity
Consolidated Balance Sheet - Liabilities and total equity Jun 30, 2017 vs. (In € m., unless stated otherwise) Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2016 Mar 31, 2017 Jun 30, 2017 Dec 31, 2016 Liabilities and equity: Non-interest bearing deposits 192,010 185,652 193,722 192,664
Slide 15: CRR/CRD4 Leverage ratio measures
1,2,3 CRR/CRD4 Leverage ratio measures Pro-forma Pro-forma Jun 30, 2017 vs. (In € bn., unless stated otherwise) Dec 31, 2015 Mar 31, 2016 Jun 30, 2016 Sep 30, 2016 Dec 31, 2016 Mar 31, 2017 Jun 30, 2017 Jun 30, 2017 Dec 31, 2016 Total assets 1,629 1,741 1,803 1,689 1,591 1,565 1,569 1,569 (1)% Chang
Slide 16: Non-GAAP financial measures (1/4)
Non-GAAP financial measures (1/4) Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Corporate & Investment Bank: Income (loss) before income taxes (IBIT) (373) 710 460 970 (43
Slide 17: Non-GAAP financial measures (2/4)
Non-GAAP financial measures (2/4) Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Non-Core Operations Unit: Income (loss) before income taxes (IBIT) (2,264) (533) (632) (538
Slide 18: Non-GAAP financial measures (3/4)
Non-GAAP financial measures (3/4) Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. (In € m., unless stated otherwise) FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Group: Income (loss) before income taxes (IBIT) (6,097) 579 408 619 (2,416) (810) 878 822 1
Slide 19: Non-GAAP financial measures (4/4)
Non-GAAP financial measures (4/4) Q2 2017 vs. Q2 2017 vs. 1H 2017 vs. In € m. FY 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 FY 2016 Q1 2017 Q2 2017 Q2 2016 Q1 2017 1H 2016 1H 2017 1H 2016 Corporate & Investment Bank: Noninterest expenses 18,853 3,756 3,705 3,332 3,397 14,190 3,642 3,000 (19)% (18)% 7,461
Slide 20: Definition of certain financial measures (1/3)
Definition of certain financial measures (1/3) Non-GAAP Financial Measures This document and other documents the Group has published or may publish The Group believes that a presentation of average tangible shareholders’ equity contain non-GAAP financial measures. Non-GAAP financial measures are mak
Slide 21: Definition of certain financial measures (2/3)
Definition of certain financial measures (2/3) Allocation of Average Shareholders’ Equity (cont’d) We also set forth in this and other documents such CRR/CRD 4 measures on a “fully loaded” basis, reflecting full application of the rules without consideration of For purposes of the 2017 average share
Slide 22: Definition of certain financial measures (3/3)
Definition of certain financial measures (3/3) Book Value and Tangible Book Value per Basic Share Other key ratios (cont’d) Outstanding Book value per basic share outstanding: Book value per basic share Book value per basic share outstanding and tangible book value per basic outstanding is defined a
Slide 23: Footnotes
Footnotes 1. We calculate our leverage ratio exposure on a fully loaded basis in accordance with 12. Segment assets represent consolidated view, i.e. the amounts do not include Article 429 of the CRR as per Delegated Regulation (EU) 2015/62 of October 10, intersegment balances (except for Central Li