Deutsche Bank Aktiengesellschaft (DB)
After hours:
| Previous Close | 15.67 |
| Open | 15.64 |
| Bid | 15.00 x 4000 |
| Ask | 16.00 x 2200 |
| Day's Range | 15.57 - 15.87 |
| 52 Week Range | 10.00 - 17.95 |
| Volume | |
| Avg. Volume | 1,733,909 |
| Market Cap | 30.813B |
| Beta (5Y Monthly) | 1.11 |
| PE Ratio (TTM) | 8.74 |
| EPS (TTM) | 1.81 |
| Earnings Date | Oct 23, 2024 |
| Forward Dividend & Yield | 0.49 (3.12%) |
| Ex-Dividend Date | May 17, 2024 |
| 1y Target Est | 15.80 |
ReutersUniCredit's Commerzbank swoop fires up divisive debate in Germany
UniCredit's opening gambit in a takeover play for Commerzbank has rekindled a debate about the future of German banking, prompting Berlin to pause selling shares in the lender and turning the spotlight on Deutsche Bank as a possible rival suitor. Italy's second-largest bank swooped to take a 9% stake in Commerzbank earlier this week, catching German authorities off guard and getting a hostile reception from local management, who want to fend it off. UniCredit CEO Andrea Orcel said on Thursday he was interested in a merger but that he was in no rush and that his stake in the German bank was, in any event, a good investment.
ReutersGermany's Commerzbank has a bumpy history with big M&A
UniCredit has approached Commerzbank about exploring merger talks, a source with knowledge of the matter said, after the Italian lender bought 9% of the German bank. Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. It relocated to Frankfurt in 1970 as one of Germany's leading banks, focusing on retail customers and corporate firms.
ReutersDeutsche Bank settles longest-running claim over Postbank
Deutsche Bank has reached a settlement in its longest-running litigation over its 2008 takeover of Postbank, it said on Thursday. The settlement with German investment company Effecten Spiegel includes an additional payment of 36.50 euros ($40.53) per share on the then-takeover offer price as proposed by the bank, Deutsche Bank added in a statement. The bank said in August that it had reached settlements with more than half the plaintiffs, including the largest individual one, who accused the lender of underpaying in the acquisition of Postbank.
