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Deutsche Bank Aktiengesellschaft (DB) Q4 2025 Earnings Call Transcript
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Deutsche Bank Aktiengesellschaft (DB) Q4 2025 Earnings Call Transcript

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Last updated: January 29, 2026 10:04 pm
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Published: January 29, 2026
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Deutsche Bank Aktiengesellschaft (DB) Q4 2025 Earnings Call January 29, 2026 5:00 AM EST

Company Participants

Ioana Patriniche – Head of Investor Relations
Christian Sewing – CEO & Chairman of Management Board
James von Moltke – President, CFO & Member of Management Board
Raja Akram – CFO & Member of Management Board

Conference Call Participants

Nicolas Payen – Kepler Cheuvreux, Research Division
Flora Benhakoun Bocahut – Barclays Bank PLC, Research Division
Chris Hallam – Goldman Sachs Group, Inc., Research Division
Anke Reingen – RBC Capital Markets, Research Division
Tarik El Mejjad – BofA Securities, Research Division
Giulia Miotto – Morgan Stanley, Research Division
Kian Abouhossein – JPMorgan Chase & Co, Research Division
Mate Nemes – UBS Investment Bank, Research Division
Stefan-Michael Stalmann – Bernstein Autonomous LLP
Joseph Dickerson – Jefferies LLC, Research Division
Jeremy Sigee – BNP Paribas, Research Division
Andrew Coombs – Citigroup Inc., Research Division

Presentation

Operator

Ladies and gentlemen, welcome to the Q4 2025 Analyst Conference call and live webcast. I’m Moore, the Chorus Call operator. [Operator Instructions] And the conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast.

At this time, it’s my pleasure to hand over to Ioana Patriniche, Head of Investor Relations. Please go ahead.

Ioana Patriniche
Head of Investor Relations

Thank you for joining us for our fourth quarter and full year 2025 preliminary results call. As usual, our Chief Executive Officer, Christian Sewing, will speak first; followed by Chief Financial Officer, James von Moltke. The presentation, as always, is available to download in the Investor Relations section of our website, db.com.

Before we get started, let me just remind you that the presentation contains forward-looking statements, which may not develop as we currently expect. We therefore ask you to take notice of the precautionary warning at the end of our materials.

With that, let me hand over to

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