Deutsche Bank: Profits Could Expand To 7-8 Billion By 2025
Summary
- Deutsche Bank closed 2022 with EUR 5.7 billion of profits, the highest level of earnings since 2007.
- Deutsche Bank has also voiced confidence going into 2023, expecting revenue growth, while credit losses and OPEX are expected to remain flat as compared to 2022.
- On the backdrop of increasing interest rates, I believe profits could expand to somewhere between EUR 7 billion and 8 billion within the next 3 years.
- Reflecting on a higher yield environment for all asset classes, I upgrade my EPS expectations for DB through 2025.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of DB, SCGLF, BCS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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