DeutscheBankInvestorRelationsQ4/FY2023 results#PositivelmpactFebruary 1,2024
Results reflect the strength of Global Hausbank strategyFY2023Achieved revenueCAGRof6.6% since2021 supports new targetof5.5-6.5%;, withc28.qbnambition to reach total Group revenues of-( 32bn in 2025RevenuesInvestedtoorotectandarowfranchiseandoroaressedoncost efficiencymeasures:exoectforward quarterly run-rate of e son for adjusted costs7.4%RoTEaResilient balancesheet, capital and risk management; demonstrated ability to withstandvolatility13.7%Plantopropose6o.4sbershare(-@qoom)dividendinrespect ofFY 2023 and approvedCET1ratiofurtherHabuyback of e675m13bnPoisedto arccelerateshareholderdistributions and to outperforme8bntarget?; dividendCapital distributionsguidance of @ 1.00 per share in respect of FY 2025,subject to 50% payout ratiossince20224lselyrefectthe absolutefiguresCAGR-compound anul growthrbotnotesrefertoslidesgoandsa
Sharpened business,growing revenuesmodel withIn E bn, unless stated otherwise,Improving revenue mixInvesting to grow our client franchise,24.0Product innovation in CorporateBank coupled with+6%625-427.26%628.9relationship manager hiring in strategic growth areas is28.8acceleratingdeals won with largest multinational client25-7Focus ondevelopingfee businesses, including via Numis10.0acquisition as well assenior banker hires in Origination&9-39.678%Advisory and WealthManagement;2.42.62.22.77.7Substantial net inflows in AuM of e s7bn across Private Bank6.35.15.2and Asset Management with combined AuM ofe1,455bn9.29.68.18.2Recent upgradesfrom major rating agencies driving202020212023InvestmentBankAssetManagement|CorporateBankPrivateBankNotes:AuM-assetsundermanagerDeutscheBankInvestor Relations
Strong revenue trajectory supported by resilient anddiversified franchise positioningRevenuetrajectoryRevenue growthdriversin2024-20253.5-4-5%5.5-6.5%Growth inCornorateBank commission and feesvia enhanced coverage ofexisting人人人and new clients, coupled with development of new platforms and solutionsSignificant growth In Investment Bank O&A driven by strategic investments, selectivehiring and integration of Numis, aiming to be 6-8 ranked global O&A franchiserSustained performance inInvestmentBank FlCsolidifying positionastop4globalFl2.54%franchise*人人NI-E32bnGrowth In Private Bank revenues from Investment products at10%p.aly supported byinvestments in franchise, strategic hires and capital-light lendingbusinessC25.4bnAssetManagement revenuesreflectingorganicgrowth intargetedareas,including in Passive, as well as improving marketsartial normalization of Nllin 2024from the development ofdeposit rate passthroughmainly inCorporateBankNII growth in Corporate Bank and Private Bankin 2025 compared to 2024,driven byreplication portfolio, volume growth and non-rate sensitive NIl2021NIR2025ambitionNatesfrfotrotesreertosldesyowndgaDeutscheBank04/FY2023resultsFebruary2,2024
Accelerating growth in noninterest income driven bytargeted investmentsCorporateBankInvestment BankInvesting into fee-generating payment platforms and enhancedSignifica...
