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4-Traders Homepage  >  Equities  >  Xetra  >  Deutsche Bank AG    DBK   DE0005140008

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Deutsche Bank : Slashes Bonuses After Hefty Loss

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03/20/2017 | 09:17am CEST

By William Wilkes

FRANKFURT--Deutsche Bank AG (DB) slashed bonuses paid to staff by 80?% last year after the German lender suffered its second consecutive full-year loss.

Bonuses for 2016 will fall to 546 million euros ($588.2 million) at constant currencies from EUR2.4 billion in 2015, the bank said in its annual report.

It made a net loss of EUR1.4 billion last year.

Total pay, including fixed pay and bonuses was down 15% at EUR8.9 billion from EUR10.5 billion in 2015.

-Write to William Wilkes at [email protected]

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Financials (€)
Sales 2017 29 711 M
EBIT 2017 3 555 M
Net income 2017 1 123 M
Debt 2017 -
Yield 2017 0,65%
P/E ratio 2017 24,49
P/E ratio 2018 11,13
Capi. / Sales 2017 1,08x
Capi. / Sales 2018 1,09x
Capitalization 32 169 M
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Mean consensus HOLD
Number of Analysts 30
Average target price 14,9 €
Spread / Average Target -4,5%
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Managers
NameTitle
John Cryan Chief Executive Officer
Paul Achleitner Chairman-Supervisory Board
Kimberly L. Hammonds Chief Operations Officer
Marcus Schenck Chief Financial Officer & Deputy CEO
Pascal Boillat Group Chief Information Officer
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