Earnings Preview: What to Expect

  • Deutsche Bank to report Q2 earnings on Wednesday
  • Analysts expect revenue of €7.44 billion
  • Expected after-tax loss of €81 million
  • Shares gained 2.2% in Q2 despite political uncertainty
  • Costs expected to hit target of quarterly adjusted costs of €5 billion
  • Litigation costs may lead to a 17% jump in total expenses
  • Completed €675 million share buyback program in March
  • Possible restart of stock repurchases next year with €1 billion program

Deutsche Bank is set to report its second-quarter earnings on Wednesday. Analysts predict a revenue of €7.44 billion and an after-tax loss of €81 million due to the Postbank legal setback. Despite political uncertainty, shares gained 2.5% in Q2. The bank aims for quarterly adjusted costs of €5 billion and may restart stock repurchases next year with a €1 billion program.

Factuality Level: 9
Factuality Justification: The article provides accurate and objective information about Deutsche Bank’s financial performance and expectations, including revenue forecasts, profit forecasts, costs, capital returns, and share buybacks. It cites sources for its estimates and includes relevant details without any apparent bias or misleading information.
Noise Level: 4
Noise Justification: The article provides relevant information about Deutsche Bank’s financial performance and expectations, but it lacks in-depth analysis or insights that can be applied to broader trends or other banks. It mainly focuses on specific forecasts and events related to the bank without exploring their implications or context.
Public Companies: Deutsche Bank (DB)
Private Companies: Postbank
Key People: Mate Nemes (UBS analyst), Andreas Plaesier (Warburg analyst), Thomas Hallett (KBW analyst), Andrew Stimpson (KBW analyst)

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Financial Relevance: Yes
Financial Markets Impacted: Deutsche Bank’s stock
Financial Rating Justification: The article discusses Deutsche Bank’s financial performance, including revenue and profit forecasts, as well as its stock performance in relation to political events and legal issues. It also mentions the potential impact on shareholders and future buyback programs.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no extreme event mentioned in the article, but it discusses financial performance and legal issues related to Deutsche Bank.

Reported publicly: www.marketwatch.com