Investor Presentaiton
Investment Bank
In € m, unless stated otherwise
Financial results
Q3 2023
A vs.
Q3 2022 Q2 2023
A vs.
Statement of income
Revenues
2,271
(4)%
(4)%
Revenues ex-specific items¹
2,266
(1)%
(7)%
Provision for credit losses
63
(52)%
(55)%
Noninterest expenses
1,546
2%
(6)%
Adjusted costs
1,517
1%
(1)%
Pre-provision profit
725
(15)%
1%
Profit (loss) before tax
667
(7)%
17%
Balance sheet and resources
Loans, € bn²
103
(2)%
1%
Deposits, € bn
15 (12)%
22%
Leverage exposure, € bn
551
(6)%
1%
Risk-weighted assets, € bn
142
(1)%
(2)%
Provision for credit losses, bps of
25
average loans³
(27)bps
(30)bps
Performance measures and ratios
Cost/income ratio
68.1%
ROTE4
6.2%
4.1ppt (1.4)ppt
(1.4)ppt 1ppt
Notes: for footnotes refer to slides 44 and 45
Deutsche Bank
Investor Relations
Q3 2023 results
October 25, 2023
Revenue performance
FIC Sales
Origination
Investment
& Advisory
& Trading
Other
Bank
1,932
A vs. Q3
2022
(12)% (12)%
Key highlights
>
323
n.m.
n.m.
>
16
(81)%. n.m.
>
2,271 (4)% (1)%
Revenue essentially flat ex-specific items,
with lower FIC revenues against a strong
prior year, partially offset by O&A
Underlying FIC performance impacted by
lower volatility environment
Rates, Foreign Exchange, Emerging Markets
and Financing revenues all lower vs. a strong
prior year period
Credit Trading revenues significantly higher
year on year reflecting ongoing
improvements in flow performance and
strength in Distressed
O&A underlying revenues significantly higher
year on year, excluding prior year leverage
lending markdowns in Debt Origination
Year-on-year leverage decrease primarily
driven by impact of FX movements
Provision for credit losses lower year on year
reflecting model changes in stages 1 and 2
partially offsetting the stage 3 impact from
Commercial Real Estate
XX% Excluding specific items¹
16View entire presentation