UPDATE 2-Deutsche Bank reports third consecutive annual loss [Reuters (UK)]
Deutsche Bank AG (DB)
US:NYSE Investor Relations:
db.com/ir/index_en.htm
Company Research
Source: Reuters
Deutsche Bank reports third consecutive annual loss | Reuters 4 Min Read FRANKFURT (Reuters) - Deutsche Bank on Friday posted its third consecutive annual loss in 2017, taking a hit from challenging markets, a drop in investment bank revenue and a U.S. tax reform, after a difficult fourth quarter. The worse-than-expected results are likely to increase pressure on Chief Executive John Cryan to turn Germany’s biggest bank around. “We believe we are firmly on the path to producing growth and higher returns with sustained discipline on costs and risks,” Chief Executive John Cryan said in a statement. “We have made progress, but we are not yet satisfied with our results.” Investors have called on Cryan to cut costs, but the bank said it anticipated costs in 2018 of 23 billion euros, higher than a previously targeted 22 billion. Last March Deutsche announced an overhaul that includes the integration of its Postbank retail bank unit with its own in-house Deutsche Bank-branded consumer bank,
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News
- J.B. Hunt's long-term intermodal growth plan weighs on Q1 result [Yahoo! Finance]Yahoo! Finance
- Deutsche Bank Aktiengesellschaft (NYSE: DB) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating.MarketBeat
- Deutsche Bank Aktiengesellschaft (NYSE: DB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Deutsche Bank Aktiengesellschaft (NYSE: DB) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Deutsche Bank Aktiengesellschaft (NYSE: DB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
DB
Earnings
- 2/2/24 - Beat
DB
Sec Filings
- 4/17/24 - Form 424B2
- 4/16/24 - Form 424B2
- 4/16/24 - Form 424B3
- DB's page on the SEC website