Deutsche Bank Results Presentation Deck
Net interest margin (NIM)
Divisional NIM development
Net interest margin¹
Corporate Bank
2.40%
Private Bank
1.83%
2.49%
Q1 2022
Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023
2.64%
1.93%
1.91%
Q2 2022 Q3 2022
3.36%
Note: for footnotes refer to slides 45 and 46
Deutsche Bank
Investor Relations
4.13%
2.19%
2.30%
Q4 2022 Q1 2023
Q1 2023 results
April 27, 2023
Group NIM development
Average interest earnings assets², in € bn
1.19%
967
Q1 2022
1.39%
971
Q2 2022
1.47%
998
Q3 2022
1.51%
989
Q4 2022
1.41%
977
Q1 2023
Key highlights
/
> Corporate Bank and Private Bank
NIM show continued favorable
development due to rising rates
and strong pricing discipline
> Group NIM shows a decline due to
the accounting treatment of
certain hedge positions in C&O
which is fully offset by an increase
in non-interest income
Decrease in average interest
earning assets driven principally
by TLTRO prepayments
> Realized deposit betas remain
favorable but are expected to
continue to normalize as the pace
of interest rate rises slows
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