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Deutsche Bank Q2 Earnings Coming Up: What's in the Cards?

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Key Takeaways

  • Deutsche Bank is expected to post Q2 earnings of $0.78 per share, up 290.2% year over year.
  • Higher interest rates and improved lending activity are likely to have boosted DB's net interest income in Q2.
  • Increased personnel and litigation costs tied to Postbank are expected to raise DB's expense base.

Deutsche Bank (DB - Free Report) is scheduled to announce second-quarter 2025 results on July 24. The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basis.

In the last reported quarter, DB’s results were aided by higher revenues and lower expenses. However, a rise in provision for credit losses was a spoilsport.

The consensus estimate for the company’s earnings is pegged at 78 cents per share, which has remained unchanged in the past seven days. This indicates a jump of 290.2% from the year-ago quarter’s reported number.

The consensus estimate for sales is pegged at $8.82 billion, implying a 12.1% rise.

Major Factors Expected to Impact DB’s Q2 Results

NII: In the second quarter of 2025, average interest rates were relatively higher, resulting in higher deposit margins. Given this, NII is likely to have risen for Deutsche Bank in the quarter to be reported.

Further, overall lending activity improved across regions in the second quarter of 2025. This is likely to have aided DB’s loan growth in the quarter.

Fee Income: Global mergers and acquisitions (M&A) in the second quarter of 2025 were impressive than previously expected. Markets plunged in early April after Trump announced sweeping tariffs, rattling business confidence. But as trade demands eased and policy direction became clearer, deal-making activities resumed in the last month of the quarter.
 
Hence, growth in Deutsche Bank’s IB revenues is expected to have been decent in the quarter.

In the second quarter, the increased uncertainty resulted in lower market levels. This is likely to have impacted asset under management and asset management fees for DB.
 
Expenses: Higher personnel expenses, employee benefits, and litigation costs related to the Postbank takeover are expected to have kept the expense base elevated in the second quarter.

What the Zacks Model Unveils for DB

Our quantitative model does not conclusively predict an earnings beat for DB. This is because it lacks the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Earnings ESP: The Earnings ESP for DB is 0.00%.

Zacks Rank: The company currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Foreign Banks Worth Considering

Here are a couple of foreign bank stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:

The Earnings ESP for Banco de Chile (BCH - Free Report) is +0.52% and it carries a Zacks Rank #2 (Buy) at present. The company is slated to report second-quarter 2025 results on July 31. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

Over the past week, the Zacks Consensus Estimate for BCH’s quarterly earnings has remained unchanged at 64 cents per share.

Canadian Imperial Bank of Commerce (CM - Free Report) is scheduled to release third-quarter fiscal 2025 numbers on Aug 28. The company has an Earnings ESP of +3.76% and carries a Zacks Rank #2 at present.

Quarterly earnings estimates for CM have remained unchanged at $1.40 per share over the past month.


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Deutsche Bank Aktiengesellschaft (DB) - free report >>

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