A New Era Dawns for Deutsche Bank as It Rejoins Europe’s Premier Index

Deutsche Bank AG has achieved a remarkable turnaround, signaling the end of a challenging seven-year period with two major announcements: its return to the prestigious Euro Stoxx 50 index and a multi-billion euro capital return program for shareholders. This dramatic resurgence raises important questions about the sustainability of this transformation under the continued leadership of Chief Executive Officer Christian Sewing.

The bank’s third-quarter 2024 results provide compelling evidence of its strengthened position. Deutsche Bank reported a pretax profit of €2.3 billion, with a post-tax return on equity reaching 10.2%, a significant improvement from the previous year’s 7.3%. Operational efficiency has been a key driver, demonstrated by a substantially improved cost-income ratio of 63.2%.

The institution maintains a robust common equity tier 1 ratio of 13.8%, providing... Read more...