Deutsche Bank AG
DBK: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.v> | LOCK|T& | LOCK|Cr |
Deutsche Bank Earnings: Loan-Loss Provision Guidance Disappoints as Investment Bank Does Well
Deutsche Bank’s third quarter was driven by a good performance in the investment bank, but higher loan-loss provisions flagged for the full year did disappoint. We maintain our EUR 13.00 per-share fair value estimate and no moat rating.
