Investor Presentaiton
Corporate Bank
In € m, unless stated otherwise
Financial results
Q3 2023
A vs.
A vs.
Q3 2022 Q2 2023
Statement of income
Revenues
1,889
21%
(3)%
Revenues ex-specific items¹
1,889
21%
(3)%
Provision for credit losses
11 (86)%
(91)%
Noninterest expenses
1,073
(2)%
(7)%
Adjusted costs
1,045
(3)%
(1)%
Pre-provision profit
816
73%
4%
Profit (loss) before tax
805
104%
20%
Balance sheet and resources
Loans, € bn²
117
(9)%
1%
Deposits, € bn
286
(2)%
6%
Leverage exposure, € bn
299
(9)%
(2)%
Risk-weighted assets, € bn
69
(10)%
(3)%
Provision for credit losses, bps of
average loans³
4
(20)bps
(36)bps
Performance measures and ratios
Net interest margin
3.9%
1.3ppt (0.3)ppt
Cost/income ratio
ROTE4
Notes: for footnotes refer to slides 44 and 45
56.8% (13.1) ppt (2.7)ppt
18.3%
9.Oppt
Deutsche Bank
Investor Relations
Revenue performance
Corporate
Bank
Business
Banking
Institutional
Corporate
Treasury
Client Services
Services
A vs. Q3
2022
Key highlights
>
1,049
11% 11%
>
472
18% 18%
369
71%
71%
1,889
21%
21%
Revenues higher year on year driven by
increased interest rates and pricing discipline
with growth across all client segments
Sequentially, revenues slightly lower due to
lower net interest income, while pricing
discipline remained strong and business
volumes increased
Provision for credit losses reflecting a lower
number of impairments in the quarter,
recoveries and benefits from model changes
Noninterest expenses decreased year on year
driven by FX movements; sequentially lower
due to non-repetition of litigation charges
Loan volumes stable quarter on quarter
despite the pressure from higher interest
rates
Higher deposits with growth across
currencies in both overnight and term
balances
3.5ppt
XX% Excluding specific items¹
Q3 2023 results
October 25, 2023
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