FRANKFURT--The following is a summary of analysts' forecasts for
Deutsche Bank AG (DBK. XE) second-quarter results, based on a poll
of nine analysts conducted by Dow Jones Newswires (figures in
million euros, EPS, dividend and target price in euro, according to
IFRS). Earnings figures are scheduled to be released July 29.
===
Net Prov. Comm.
Interest for loan and Fee CB&S(a) DeAWM(b)
2nd Quarter Income losses Income PBT PBT
AVERAGE 3,425 369 3,044 687 194
Prev. Year 3,651 473 3,106 758 80
+/- in % -6.2 -22 -2.0 -9.4 +142
MEDIAN 3,400 366 3,044 737 191
Maximum 3,653 432 3,188 755 276
Minimum 3,222 300 2,900 541 132
Amount 3 7 3 5 5
Commerzbank -- 364 -- 737 191
Credit Suisse -- -- -- 742 172
Equinet 3,400 300 2,900 -- --
Exane BNP Paribas -- 368 -- 541 276
Goldman Sachs -- 385 -- 658 132
Independent Res. -- 432 -- -- --
Kepler Cheuvreux 3,222 366 3,188 755 197
Warburg Research 3,653 366 3,044 -- --
PBC(c) Net attrib. EPS
2nd Quarter PBT PBT profit diluted
AVERAGE 518 799 545 0.45
Prev. Year 507 792 334 0.32
+/- in % +2.1 +0.8 +63 +40
MEDIAN 489 756 514 0.45
Maximum 684 1,289 903 0.60
Minimum 453 529 352 0.29
Amount 5 9 9 4
Commerzbank 489 692 445 --
Credit Suisse 453 991 692 0.60
Equinet -- 756 514 --
Exane BNP Paribas 684 1,289 903 --
Goldman Sachs 465 529 352 0.33
Independent Research -- 734 511 --
Kepler Cheuvreux 498 908 619 0.57
Morgan Stanley -- 529 354 0.29
Warburg Research -- 760 517 --
Target price Rating DPS 2014
AVERAGE 33.14 positive 3 AVERAGE 0.73
Prev. Quarter 39.86 neutral 5 Prev. Year 0.75
+/- in % -17 negative 0 +/- in % -2.9
MEDIAN 32.15 MEDIAN 0.75
Maximum 38.20 Maximum 0.75
Minimum 31.00 Minimum 0.60
Amount 8 Amount 7
Commerzbank 31.00 Hold 0.75
Credit Suisse 35.00 Outperform 0.75
Equinet 32.00 Hold 0.75
Goldman Sachs 32.30 Neutral 0.75
Independent Research 31.00 Buy 0.75
Kepler Cheuvreux 38.20 Buy --
Morgan Stanley 32.00 Equalweight 0.60
Warburg Research 33.60 Hold 0.75
===
Year-earlier figures are as reported by the company.
(a) Corporate Banking & Securities
(b) Deutsche Asset & Wealth Management
(c) Private & Business Clients
DJG/voi
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