Deutsche Bank Ag · XETR:DBK
Deutsche Bank — DB Global Financial Services Conference 2022
19 slides from Deutsche Bank's conference presentation, May 31, 2022
Slide 1: Our path to 2022 targets and beyond
Deutsche Bank Our path to 2022 targets and beyond Fabrizio Campelli – Management Board member, Head of Corporate and Investment Bank DB Global Financial Services Conference, 31 May 2022
Slide 2: Summary
Summary Q1 results support trajectory to FY 2022 targets and ambitions Strong revenue momentum and continued improvement in efficiency, despite challenges Progress on strategic priorities across all core businesses Global Hausbank strategy to deliver sustainable growth beyond 2022 Corporate Bank and
Slide 3: Q1 2022 performance evidenced a step off towards 2022 targets
Q1 2022 performance evidenced a step off towards 2022 targets Deutsche Bank DB Global Financial Services Conference, 31 May 2022 2 Investor Relations
Slide 4: Results support trajectory to FY targets and ambitions
Results support trajectory to FY targets and ambitions Performance Profitability Resilience Group revenues of € 7.3bn, +1% Ongoing improvements in Continued prudent risk YoY, with growth across all four profitability, with € 1.2bn of after- management through elevated core businesses tax profit mark
Slide 5: Positive operating performance
Positive operating performance In € bn, unless stated otherwise Core Bank revenues(1) Group noninterest expenses Group 7.2 7.3 CIR 77% 73% Average (4)% +7% 7.3 Divisional growth rates 5.6 7.2 5.4 Corporate 0.1 1.5 +11% 0.8 0.8 Bank 1.3 Investment Bank 3.1 3.3 +7% Private 4.7 4.6 Bank 2.2 2.2 +2% Ass
Slide 6: Progress on strategic priorities in core businesses
Progress on strategic priorities in core businesses Q1 2022 Loan and deposit growth Strong client activity in FIC, driving NII increase, supported 7% with year-on-year growth 17% Investment Corporate by interest rate tailwinds RoTE across both institutional and RoTE Bank Bank corporate clients
Slide 7: Deutsche Bank’s strategic evolution to 2025
Deutsche Bank’s strategic evolution to 2025 Deutsche Bank DB Global Financial Services Conference, 31 May 2022 6 Investor Relations
Slide 8: Building the long-term strategy on our heritage
Building the long-term strategy on our heritage Your Global Hausbank Deep understanding Long-term oriented partner of client needs through every cycle Global network combined with Digital channels and local expertise personal advice Comprehensive and Agile organization anticipating sophisticated pro
Slide 9: Global Hausbank strategy to deliver sustainable growth
Global Hausbank strategy to deliver sustainable growth Strong and resilient foundation across four leading client-centric business divisions Positioned to grow on the back of robust balance sheet and key themes of the coming decade Continued efficiency and self-funding of investments Clear path to d
Slide 10: Clients benefitting from cross-bank collaboration
Clients benefitting from cross-bank collaboration Providing strategic risk management and 10% growth in corporate risk access to FX markets around the globe management solutions revenues(1) Mutual referral of clients and delivery of 70bps growth in O&A market share with products and expertise betwee
Slide 11: Further enhance risk management and controls
Further enhance risk management and controls Building on strong risk culture and enriching non-financial risk framework Risk framework Evolution of ESG / climate framework per regulatory and industry practices evolution Increasing vigilance over escalating risks (including cyber) Further shi
Slide 12: Corporate Bank
Corporate Bank Grow with differentiated Global Hausbank client proposition Strategic and financial objectives 2025 Be the “first call” for Global MNCs 6-7% 55-60% Revenue Trusted partner for German economy CAGR(1) CIR Connecting Financial Institutions 2021-2025 2025 DB strengths Strategic pill
Slide 13: Investment Bank
Investment Bank Consistent strategy delivery and targeted growth initiatives Strategic and financial objectives 2025 Leading Global Investment Bank 1-2% 55-60% Revenue Navigating clients through rapidly evolving global markets CAGR(1) CIR 2021-2025 2025 DB strengths Strategic pillars and initiat
Slide 14: Financial targets and capital objectives
Financial targets and capital objectives Our financial targets to 2025 >10% 3.5-4.5% <62.5% Post-tax RoTE Revenue CAGR Cost/income ratio in 2025 2021-2025 in 2025 Capital objectives CET1 ratio Total payout ratio ~13% 50% from 2025 Deutsche Bank DB Global Financial Services Conference, 31 May 2022 13
Slide 15: Our path from stabilization to industry leadership
Our path from stabilization to industry leadership ✓ Stabilization and transformation Sustainable growth Industry leadership (2019 – today) (today – 2025) (2025+) Client centric-setup Strong competitive positioning Leading Global Hausbank based in Europe Rightsizing and efficiency Profitab
Slide 16: Appendix
Appendix Deutsche Bank DB Global Financial Services Conference, 31 May 2022 15 Investor Relations
Slide 17: Definition of certain financial measures
Definition of certain financial measures Revenues excluding specific items are calculated by adjusting net revenues under IFRS for specific revenue items which generally fall outside Revenues excluding the usual nature or scope of the business and are likely to distort an accurate assessment of the
Slide 18: Specific revenue items and adjusted costs – Q1 2022
Specific revenue items and adjusted costs – Q1 2022 In € m Q1 2022 Q1 2021 Q4 2021 Core Core Core CB IB PB AM C&O CRU Group CB IB PB AM C&O CRU Group CB IB PB AM C&O CRU Group Bank Bank Bank Revenues 1,461 3,322 2,220 682 (353) 7,333 (5) 7,328 1,313 3,097 2,178 637 (73) 7,152 81 7,233 1,352 1,913 2,
Slide 19: Cautionary statements
Cautionary statements This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and pro
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