The Group at a glance |
2014 |
2013 |
2012 |
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|
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Share price at period end1 |
€ 24.99 |
€ 33.07 |
€ 32.95 |
||||||||||||
Share price high1 |
€ 38.15 |
€ 36.94 |
€ 39.51 |
||||||||||||
Share price low1 |
€ 22.66 |
€ 28.05 |
€ 22.11 |
||||||||||||
Basic earnings per share2 |
€ 1.34 |
€ 0.64 |
€ 0.28 |
||||||||||||
Diluted earnings per share2 |
€ 1.31 |
€ 0.62 |
€ 0.27 |
||||||||||||
Average shares outstanding, in m., basic2 |
1,242 |
1,045 |
934 |
||||||||||||
Average shares outstanding, in m., diluted2 |
1,269 |
1,073 |
960 |
||||||||||||
Book value per share outstanding |
€ 49.32 |
€ 50.802 |
€ 57.37 |
||||||||||||
Tangible book value per share outstanding |
€ 38.53 |
€ 37.872 |
€ 42.26 |
||||||||||||
Pre-tax return on average shareholders’ equity |
5.0 % |
2.6 % |
1.3 % |
||||||||||||
Pre-tax return on average active equity |
5.1 % |
2.6 % |
1.4 % |
||||||||||||
Post-tax return on average shareholders’ equity |
2.7 % |
1.2 % |
0.5 % |
||||||||||||
Post-tax return on average active equity |
2.7 % |
1.2 % |
0.5 % |
||||||||||||
Cost/income ratio3 |
86.7 % |
89.0 % |
92.5 % |
||||||||||||
Compensation ratio4 |
39.2 % |
38.6 % |
40.0 % |
||||||||||||
Noncompensation ratio5 |
47.5 % |
50.3 % |
52.5 % |
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|
|
|
|
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In € m. |
|
|
|
||||||||||||
Total net revenues |
31,949 |
31,915 |
33,736 |
||||||||||||
Provision for credit losses |
1,134 |
2,065 |
1,721 |
||||||||||||
Total noninterest expenses |
27,699 |
28,394 |
31,201 |
||||||||||||
Income before income taxes |
3,116 |
1,456 |
814 |
||||||||||||
Net income |
1,691 |
681 |
316 |
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|
|
|
|
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|
Dec 31, 2014 |
Dec 31, 2013 |
Dec 31, 2012 |
||||||||||||
Total assets in € bn. |
1,718 |
1,611 |
2,022 |
||||||||||||
Total Shareholders’ equity in € bn. |
68.4 |
54.7 |
54.0 |
||||||||||||
Common equity Tier 1 capital ratio6 |
11.7 % |
12.8 % |
11.4 % |
||||||||||||
Tier 1 capital ratio6 |
15.2 % |
16.9 % |
15.1 % |
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|
|
|
|
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Long-term ratings |
|
|
|
||||||||||||
Moody’s Investors Service |
A3 |
A2 |
A2 |
||||||||||||
Standard & Poor’s |
A |
A |
A+ |
||||||||||||
Fitch Ratings |
A+ |
A+ |
A+ |
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|
|
|
|
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Sustainability ratings |
|
|
|
||||||||||||
Carbon Disclosure Index (on a band from A to E) |
92/Band B |
91/Band A |
90/Band A |
||||||||||||
OEKOM research (on a scale from A+ to D–) |
C/Prime |
C/Prime |
C/Prime |
||||||||||||
RobecoSAM (on a scale from 0 to 100) |
70 |
78 |
72 |
||||||||||||
Sustainalytics (on a scale from 0 to 100) |
62 |
61 |
59 |
The calculation of the regulatory capital numbers and ratios presented in this report includes the proposal of the Management Board to the Supervisory Board and Annual General Meeting of a dividend payment of €0.75 per share.
2014 |
2013 |
2012 |
||||||||
|
||||||||||
Employees with completed compliance training |
97 % |
97 % |
87 % |
|||||||
Number of transactions reviewed within the ES Risk Framework |
1,250 |
721 |
406 |
|||||||
Number of transactions escalated to regional/divisional or Group Reputational Risk Committee |
183 |
106 |
102 |
|||||||
thereof due to environmental and social criteria |
15 |
7 |
16 |
|||||||
Dec 31, 2014 |
Dec 31, 2013 |
Dec 31, 2012 |
||||||||
Assets under management integrating environmental, social, and governance factors in € bn. |
5.4 |
5.07 |
3.72 |
|||||||
Estimated cumulative financing to micro-borrowers since 1997 in US $ bn. |
1.75 |
1.67 |
1.49 |
|||||||
Cumulative number of microloans financed since 1997 in m. |
3.9 |
3.8 |
3.2 |
|||||||
All KfW environmental programs, including energy-efficient construction and renovation in € m. |
304.1 |
347.6 |
348.5 |
|||||||
Volume of infrastructure and energy asset financing in € bn. |
4.2 |
2.7 |
1.9 |
|||||||
|
|
|
||||||||
Number of branches |
2,814 |
2,907 |
2,984 |
|||||||
thereof in Germany |
1,845 |
1,924 |
1,944 |
|||||||
Employees (full-time equivalent) |
98,138 |
98,254 |
98,219 |
|||||||
thereof in Germany |
45,392 |
46,377 |
46,308 |
|||||||
Gender diversity1 |
|
|
|
|||||||
Female staff in total |
41.7 % |
41.7 % |
41.7 % |
|||||||
Female staff (Officers) |
31.7 % |
31.1 % |
30.8 % |
|||||||
Female Managing Directors and Directors |
19.4 % |
18.7 % |
18.0 % |
|||||||
Female members on Supervisory Board |
35 % |
35 % |
40 % |
|||||||
Female members in Group Executive Committee |
2 |
0 |
0 |
|||||||
Female members on Management Board |
0 |
0 |
0 |
|||||||
Training expenses in € m. |
82 |
86 |
109 |
|||||||
Hired global graduates |
577 |
501 |
653 |
|||||||
Share of female hired graduates |
34.3 % |
33.7 % |
35.5 % |
|||||||
Voluntary staff turnover rate |
6.6 % |
6.4 % |
6.2 % |
|||||||
Employees participating in the Bank’s volunteer programs in % of total staff (excluding Postbank) |
21 % |
25 % |
24 % |
|||||||
Total employee donations and matching by Deutsche Bank in € m. |
12.5 |
9.9 |
11.4 |
|||||||
|
|
|
||||||||
Total investments in € m. |
80.5 |
78.2 |
82.7 |
|||||||
Participants in education/Born to Be projects |
1,168,913 |
411,121 |
1,322,026 |
|||||||
Beneficiaries of social projects |
1,593,177 |
439,635 |
710,898 |
|||||||
People reached with Deutsche Bank’s art and music programs |
3,085,852 |
1,211,495 |
n/a |
|||||||
Visitors at Deutsche Bank KunstHalle, Berlin |
83,454 |
125,000 |
153,7022 |
|||||||
Participants in the Education Program of the Berliner Philharmoniker |
4,568 |
4,222 |
6,235 |
|||||||
External perception of Deutsche Bank as a responsible corporate citizen (global B2B market3) |
64 % |
51 % |
49 % |
Due to rounding, numbers presented throughout this document may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
Environmental data |
|
2014 |
2013 |
2012 |
||||||||||||||||
|
||||||||||||||||||||
Greenhouse gas (GHG) emissions1 |
Variance from previous year in % |
|
|
|
||||||||||||||||
In t of CO2e (unless stated differently) |
|
|
|
|||||||||||||||||
Total gross GHG emissions2,3 |
–5 % |
540,626 |
568,211 |
574,867 |
||||||||||||||||
Emissions from energy use |
–4 % |
434,362 |
452,377 |
457,853 |
||||||||||||||||
Emissions from business travel |
–8 % |
98,774 |
106,366 |
107,208 |
||||||||||||||||
Scope 1, direct GHG emissions4 |
–10 % |
60,876 |
67,104 |
67,617 |
||||||||||||||||
From natural gas consumption |
–9 % |
30,400 |
33,240 |
29,984 |
||||||||||||||||
From liquid fossil fuels |
–66 % |
1,650 |
2,745 |
3,105 |
||||||||||||||||
From HFCs |
–26 % |
7,489 |
9,469 |
9,806 |
||||||||||||||||
From owned/leased vehicles |
–1 % |
21,336 |
21,651 |
24,721 |
||||||||||||||||
Scope 2, indirect GHG emissions4 |
–3 % |
402,312 |
416,392 |
424,764 |
||||||||||||||||
From electricity consumption |
–3 % |
352,308 |
364,514 |
372,568 |
||||||||||||||||
From steam, district heating and cooling |
–4 % |
50,004 |
51,879 |
52,196 |
||||||||||||||||
Scope 3, other indirect GHG emissions4 |
–9 % |
77,439 |
84,715 |
82,486 |
||||||||||||||||
From air travel |
–10 % |
72,856 |
80,904 |
79,042 |
||||||||||||||||
From rented vehicles and taxis |
17 % |
3,146 |
2,681 |
2,396 |
||||||||||||||||
From rail travel |
27 % |
1,437 |
1,131 |
1,048 |
||||||||||||||||
Emissions reductions |
|
|
|
|
||||||||||||||||
Net GHG emissions5 |
–2 % |
297,303 |
304,682 |
346,983 |
||||||||||||||||
Off set of net GHG emissions by retirement of high-quality carbon certificates6 |
0 % |
100 % |
100 % |
100 % |
||||||||||||||||
Net GHG emissions (incl. renewables, excluding carbon credits)/rentable area per sqm |
–9 % |
0.07 |
0.08 |
0.09 |
||||||||||||||||
Net GHG emissions (incl. renewables, excluding carbon credits) per FTE |
2 % |
3.04 |
2.97 |
3.40 |
||||||||||||||||
Total energy consumption in GJ7 |
–5 % |
3,989,714 |
4,190,719 |
4,197,030 |
||||||||||||||||
Total energy consumption in GWh8 |
–5 % |
1,108 |
1,164 |
1,166 |
||||||||||||||||
Energy consumption |
–3 % |
737 |
762 |
779 |
||||||||||||||||
Energy from primary fuel sources (oil, gas, etc.) |
–10 % |
156 |
174 |
159 |
||||||||||||||||
Delivered heat and cooling |
–5 % |
215 |
228 |
228 |
||||||||||||||||
Electricity from renewables |
–6 % |
565 |
602 |
524 |
||||||||||||||||
Space-normalized energy consumption in kWh per sqm |
–12 % |
261 |
293 |
310 |
||||||||||||||||
FTE-normalized energy consumption in kWh per FTE |
0 % |
11,344 |
11,359 |
11,414 |
ERM Certification and Verification Services (ERM CVS) was engaged to provide assurance in relation to specific environmental data. The table above shows only a selection of data. The full table, a description of the data collection process and the Independent Assurance Statement of ERM CVS are available on our website.