Deutsche Bank Results Presentation Deck slide image

Deutsche Bank Results Presentation Deck

Footnotes 2/2 Slide 24-Sustainability 1. Cumulative figures include sustainable financing and investment activities as defined in DB's Sustainable Finance Framework and related documents, which are published on our website 2. International Capital Market Association (ICMA) Slide 25- Specific revenue items and adjusted costs - Q3 2023 1. Legacy portfolios previously reported as the Capital Release Unit until Q4 2022 Slide 26- Specific revenue items and adjusted costs - 9M 2023 1. Legacy portfolios previously reported as the Capital Release Unit until Q4 2022 Slide 27 Pre-provision profit, CAGR and operating leverage 1. Pre-provision profit defined as net revenues less noninterest expenses 2. Compound annual growth rates of the total of net revenues of the last twelve months over the 21 months between FY 2021 and Q3 2023 3. Operating leverage defined as the difference between the year-on-year growth rates of revenues and noninterest expenses Slide 28-Adjusted post-tax RoTE, CIR and operating leverage 1. Adjusted profit (loss) before tax estimated as the reported profit (loss) before tax excluding the impact of nonoperating costs and pro rating the impact of bank levies Slide 29 Last 12 months (LTM) revenues reconciliation 1. 2021 figures based on reporting structure as disclosed in Annual Report 2022 2. Q3 2022 LTM figures refer to the sum of Q4 2021, Q1 2022, Q2 2022 and Q3 2022 3. Q3 2023 LTM figures refer to the sum of Q4 2022, Q1 2023, Q2 2023 and Q3 2023 4. Estimated as percentage share of individual operating business revenues to the total of operating businesses 5. Group revenues include C&O revenues, and prior to 2022 the then CRU revenues Slide 30 Indicative divisional currency mix 1. For net revenues primarily includes Singapore Dollar (SGD), Indian Rupee (INR) and Swiss Franc (CHF); for noninterest expenses primarily includes INR, SGD and Polish Zloty (PLN) Slide 31 Net interest income sensitivity 1. Based on a static balance sheet per August 2023 (adjusted for risk changes as per month end September) vs. current market-implied forward rates as of September 29, 2023 Slide 32 - Provision for credit losses and stage 3 loans 1. Quarterly provision for credit losses annualized as basis points of average loans gross of allowance at amortized cost 2. IFRS 9 Stage 3 assets at amortized cost including POCI as % of loans at amortized cost (€ 485bn as of September 30, 2023) 3. IFRS 9 Stage 3 allowance for credit losses for assets at amortized cost excluding POCI divided by Stage 3 assets at amortized cost excluding POCI 4. IFRS 9 stage 1 coverage ratio for assets at amortized cost (excluding country risk allowance) is 0.1% and IFRS 9 stage 2 coverage ratio for assets at amortized cost (excluding country risk allowance) is 1.3% as of September 30, 2023 Deutsche Bank Investor Relations Q3 2023 results October 25, 2023 Slide 33 Loan and deposit development 1. Loans gross of allowances at amortized costs (IFRS 9) 2. Totals represent Group level balances whereas the graph shows only Corporate Bank, Investment Bank and Private Bank exposures for materiality reasons 3. FX movements provide indicative approximations based on major currencies Slide 34- Loan book composition / 1. Mainly includes Corporate & Other and Institutional Client Services in the Corporate Bank 2. Other businesses with exposure less than 2% each 3. Includes Strategic Corporate Lending Slide 35- Commercial Real Estate (CRE) 1/2 1. Based on Deutsche Bank's definition of non-recourse CRE loans Slide 37 - Level 3 assets and liabilities 1. Issuances include cash amounts paid on the primary issuance of a loan to a borrower 2. Includes other transfers into / out of Level 3, including methodology refinements on opening balance and mark-to-market adjustments 3. Additional value adjustments deducted from CET 1 capital pursuant to Article 34 of Regulation (EU) No. 2019/876 (CRR) Slide 38 Leverage exposure and risk-weighted assets 1. Excludes any derivatives-related market risk RWA, which have been fully allocated to non-derivatives trading assets 2. Includes contingent liabilities Slide 42 - Assets under management - Private Bank 1. Investment Products also include insurances as well as cash positions under discretionary and wealth advisory mandate in IPB Wealth Management 2. Deposits are considered assets under management if they serve investment purposes; in the Private Bank Germany (PB GY) and in International Private Bank (IPB) Premium Banking, this includes term- and savings deposits; in IPB Wealth Management & Bank for Entrepreneurs it is assumed that all customer deposits are held primarily for investment purposes 3. Net flows also include shifts between deposits and investment products 4. Q4 2022 AuM impacted by a € 15bn disposal effect after the sale of the Financial Advisors business in Italy Slide 43 - Assets under management- Asset Management 1. Average AuM are generally calculated using AuM at the beginning of the period and the end of each calendar month (e.g. 13 refe ence points for a full year, 4 refere points for a quarter) 45
View entire presentation