Deutsche Bank: It Is Now Time For Sewing And Co. To Give Back To Shareholders

Cavenagh Research
9.48K Followers

Summary

  • Deutsche Bank delivered a solid Q2 performance, beating analyst expectations for both topline and earnings.
  • The bank is now (hopefully) shifting its focus towards returning capital to shareholders, with a dividend payment and share repurchase program announced.
  • I believe DB management could and should do much more to finally reward shareholders who have been very patient with this bank.

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MaxBaumann

Deutsche Bank (NYSE:DB) delivered a solid Q2 performance, beating analyst expectations with regards to both topline and earnings. During the period from April to end of June, the German banking house accumulated approximately EUR 1.4 billion of pre-tax profits. If

This article was written by

9.48K Followers
Experience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market). Ex-colleague and close friend of Investor Express.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of DB 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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