Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 461

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 461
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          |     |         11.7% |     |           9.1% |     |        5.2% |     |             8.0% |     |              N/M |     |              5.5% |
| Post-tax return on average tangible shareholders’ equity4,5 |     |         12.6% |     |           9.4% |     |        5.2% |     |            18.0% |     |              N/M |     |              6.2% |
| Cost/income ratio6                                          |     |         67.7% |     |          63.1% |     |       77.8% |     |            68.8% |     |              N/M |     |             72.9% |
| 1includes:                                                  |     |               |     |                |     |             |     |                  |     |                  |     |                   |
| Net interest income                                         |     |         4,960 |     |          3,398 |     |       5,786 |     |               25 |     |              991 |     |            15,161 |
| Net income (loss) from equity method investments            |     |            -1 |     |            -46 |     |          21 |     |               36 |     |                2 |     |                12 |
| 2includes:                                                  |     |               |     |                |     |             |     |                  |     |                  |     |                   |
| Equity method investments                                   |     |            90 |     |            379 |     |         102 |     |              451 |     |                6 |     |             1,028 |

N/M – Not meaningful

3 Starting from the first quarter of 2024, the allocation of operational risk RWA has changed. For more information, please refer to section “Note 4 - Business segments and related information” of this report

4 Starting from the first quarter of 2024, the equity allocation framework has been updated. For more information, please refer to section “Note 4 - Business segments and related information” of this report

5 The post-tax return on average shareholders’ equity and average tangible shareholders’ equity at the Group level reflects the reported effective tax rate for the Group, which was 33% for the year ended