Deutsche Bank: Sees revenue growth and profitability improvement by 2025

Deutsche Bank has set targets for 2025, stating that it will seek to improve its profitability, increase its revenues and keep costs under control, while allowing for stock returns.

For 2025, the German bank sets a post-tax target return on tangible equity of more than 10% and a cost / income ratio of less than 62.5%.

The composite annual increase in revenues by 3.5% -4.5% from 2021, will raise the net income of 2025 to 30 billion Euros, Deutsche Bank stressed.

The German bank hopes to distribute about 8 billion euros to shareholders for the period 2021-2025.

The goal is to return half of the profits to the shareholders, from 2025 onwards.

The bank recently said it would pay a dividend for the first time since 2019, a sign that it has recovered from years of reorganization that has led to high costs.

The vast majority of these costs were borne by the end of 2021.

He also confirmed estimates for the year, which speak of revenue of $ 25 billion.

She also said that her performance in the first two months of the year was higher than last year, but warned that she could not yet fully assess the negative consequences of the war in Ukraine.

Source: Capital

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