Deutsche Bank Results Presentation Deck
Net interest income sensitivity
Hypothetical +/-25bps shift in yield curve, in € m
Net interest income (NII) sensitivity¹
+25bps shift in yield curve
-25bps shift in yield curve
~100
~75
2024
~(105)
Deutsche Bank
Investor Relations
2024
2025
2026
Breakdown of sensitivity by currency for +25bps shift in yield curve
~50
2025
EUR
~85
2026
Notes: for footnotes refer to slides 38 and 39
~100
~5
2024
~(100)
~30
2025
USD
~30
20
Q3 2023 Fixed Income Investor Call
October 27, 2023
~20
~145
2024
~(145)
~20
2025
Other
~30
2026
Key highlights
/
Current observations on client
pricing show a continued slower
pass-through of interest rates to
clients amplifying the impact of rate
moves
> This currently improves NII and also
increases NII sensitivity; following
re-pricings and ongoing risk
management NII sensitivity is
expected to normalize
2025 and beyond, the positive
impact from NII sensitivity is
dominated by higher EUR long-term
rates (rollover of hedges, overlay
hedges maturing, etc.)
27View entire presentation