Deutsche Bank announces financial and capital targets for 2021 to 2025
In March 2022, Deutsche Bank released a series of business targets for the years 2021 to 2025. The bank plans to increase post tax return on tangible equity, a measure of profitability, above 10%. To accomplish this, the bank targets compound annual growth of 3.5% to 4.5% from 2021 to 2025 and a cost to income ratio below 62.5%. In 2021, the company increased net revenue by 6% and lowered total compensation by 2%. Deutsch Bank targets a common equity tier 1 (CET1) to assets ratio of 13%, well above the minimum risk threshold of 4.5%.
New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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