v3.26.1
Consolidated statement of changes in equity - EUR (€)
€ in Millions
Total
Amendments to IFRS 9 Classification and Measurement
Balance as of January 1, 2026
Total
shareholders’
equity
Total
shareholders’
equity
Amendments to IFRS 9 Classification and Measurement
Total
shareholders’
equity
Balance as of January 1, 2026
Common shares (no par value)
Common shares (no par value)
Amendments to IFRS 9 Classification and Measurement
Common shares (no par value)
Balance as of January 1, 2026
Additional
paid-in capital
Additional
paid-in capital
Amendments to IFRS 9 Classification and Measurement
Additional
paid-in capital
Balance as of January 1, 2026
Retained
earnings
Retained
earnings
Amendments to IFRS 9 Classification and Measurement
Retained
earnings
Balance as of January 1, 2026
Common shares
in treasury,
at cost
Common shares
in treasury,
at cost
Amendments to IFRS 9 Classification and Measurement
Common shares
in treasury,
at cost
Balance as of January 1, 2026
Equity classified as obligation to purchase common shares
Equity classified as obligation to purchase common shares
Amendments to IFRS 9 Classification and Measurement
Equity classified as obligation to purchase common shares
Balance as of January 1, 2026
Accumulated other comprehensive income, net of tax
Accumulated other comprehensive income, net of tax
Amendments to IFRS 9 Classification and Measurement
 [1]
Accumulated other comprehensive income, net of tax
Balance as of January 1, 2026
 [1]
On financial
assets at fair
value through
other
comprehensive
income,
net of tax
 [2]
On financial
assets at fair
value through
other
comprehensive
income,
net of tax
Amendments to IFRS 9 Classification and Measurement
 [2]
On financial
assets at fair
value through
other
comprehensive
income,
net of tax
Balance as of January 1, 2026
 [2]
Attributable to
change in own
credit risk of
financial
liabilities
designated as
at fair value
through profit
and loss,
net of tax
 [2]
Attributable to
change in own
credit risk of
financial
liabilities
designated as
at fair value
through profit
and loss,
net of tax
Amendments to IFRS 9 Classification and Measurement
 [2]
Attributable to
change in own
credit risk of
financial
liabilities
designated as
at fair value
through profit
and loss,
net of tax
Balance as of January 1, 2026
 [2]
On
derivatives
hedging
variability of
cash flows,
net of tax
 [2]
On
derivatives
hedging
variability of
cash flows,
net of tax
Amendments to IFRS 9 Classification and Measurement
 [2]
On
derivatives
hedging
variability of
cash flows,
net of tax
Balance as of January 1, 2026
 [2]
On assets
classified as
held for sale,
net of tax
 [2]
On assets
classified as
held for sale,
net of tax
Amendments to IFRS 9 Classification and Measurement
 [2]
On assets
classified as
held for sale,
net of tax
Balance as of January 1, 2026
 [2]
Foreign currency translation, net of tax
 [2]
Foreign currency translation, net of tax
Amendments to IFRS 9 Classification and Measurement
 [2]
Foreign currency translation, net of tax
Balance as of January 1, 2026
 [2]
Unrealized
net gains
(losses) from
equity method
investments
Unrealized
net gains
(losses) from
equity method
investments
Amendments to IFRS 9 Classification and Measurement
Unrealized
net gains
(losses) from
equity method
investments
Balance as of January 1, 2026
Additional equity components
 [3]
Additional equity components
Amendments to IFRS 9 Classification and Measurement
 [3]
Additional equity components
Balance as of January 1, 2026
 [3]
Noncontrolling
interests
Noncontrolling
interests
Amendments to IFRS 9 Classification and Measurement
Noncontrolling
interests
Balance as of January 1, 2026
Equity, beginning balance at Dec. 31, 2024 € 81,865     € 68,709     € 5,106     € 39,744     € 25,873     € (713)     € 0     € (1,300) [1]     € (1,196)     € (108)     € 23     € 0     € (12)     € (7)     € 11,550     € 1,606    
Total comprehensive income (loss), net of tax [1] 1,282     1,292     0     0     3,758     0     0     (2,466)     241     (21)     119     0     (2,834)     28     0     (9)    
Gains (losses) attributable to equity instruments designated as at fair value through other comprehensive income, net of tax 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Gains (losses) upon early extinguishment attributable to change in own credit risk of financial liabilities designated as at fair value through profit and loss, net of tax 0     0     0     0     (4)     0     0     4 [1]     0     4     0     0     0     0     0     0    
Common shares cancelled [4] 0     0     (119)     (556)     0     675     0     0 [1]     0     0     0     0     0     0     0     0    
Cash dividends paid (1,411)     (1,315)     0     0     (1,315)     0     0     0 [1]     0     0     0     0     0     0     0     (96)    
Coupon on additional equity components, before tax (728)     (728)     0     0     (728)     0     0     0 [1]     0     0     0     0     0     0     0     0    
Remeasurement gains (losses) related to defined benefit plans, net of tax (79)     (79)     0     0     (79)     0     0     0 [1]     0     0     0     0     0     0     0     0    
Net change in share awards in the reporting period (135)     (135)     0     (135)     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Treasury shares distributed under share-based compensation plans 428     428     0     0     0     428     0     0 [1]     0     0     0     0     0     0     0     0    
Tax benefits related to share-based compensation plans 73     73     0     73     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Additions to Equity classified as obligation to purchase common shares [5] 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Deductions from Equity classified as obligation to purchase common shares [6] 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Option premiums and other effects from options on common shares (75)     (75)     0     (75)     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Purchases of treasury shares (867)     (867)     0     0     0     (867)     0     0 [1]     0     0     0     0     0     0     0     0    
Sale of treasury shares 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Net gains (losses) on treasury shares sold 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Other 44     (202)     0     (202)     0     0     0     0 [1]     0     0     0     0     0     0     290 [7]     (44)    
Equity, ending balance at Jun. 30, 2025 80,398     67,101     4,988     38,849     27,505     (477)     0     (3,763) [1]     (955)     (125)     142     0     (2,846)     20     11,840     1,457    
Equity, beginning balance at Dec. 31, 2025 82,285 € 0 € 82,285 69,015 € 0 € 69,015 4,891 € 0 € 4,891 38,281 € 0 € 38,281 30,275 € 0 € 30,275 (185) € 0 € (185) 0 € 0 € 0 (4,247) [1] € 0 € (4,247) (819) € 0 € (819) (192) € 0 € (192) (36) € 0 € (36) 0 € 0 € 0 (3,211) € 0 € (3,211) 10 € 0 € 10 11,708 € 0 € 11,708 1,562 € 0 € 1,562
Total comprehensive income (loss), net of tax [1] 4,046     3,908     0     0     3,850     0     0     58     (32)     (25)     (335)     0     448     2     0     137    
Gains (losses) attributable to equity instruments designated as at fair value through other comprehensive income, net of tax 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Gains (losses) upon early extinguishment attributable to change in own credit risk of financial liabilities designated as at fair value through profit and loss, net of tax 0     0     0     0     (9)     0     0     9 [1]     0     9     0     0     0     0     0     0    
Common shares cancelled [4] 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Cash dividends paid (2,001)     (1,878)     0     0     (1,878)     0     0     0 [1]     0     0     0     0     0     0     0     (123)    
Coupon on additional equity components, before tax (796)     (796)     0     0     (796)     0     0     0 [1]     0     0     0     0     0     0     0     0    
Remeasurement gains (losses) related to defined benefit plans, net of tax (91)     (91)     0     0     (91)     0     0     0 [1]     0     0     0     0     0     0     0     0    
Net change in share awards in the reporting period (197)     (197)     0     (197)     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Treasury shares distributed under share-based compensation plans 559     559     0     0     0     559     0     0 [1]     0     0     0     0     0     0     0     0    
Tax benefits related to share-based compensation plans (114)     (114)     0     (114)     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Additions to Equity classified as obligation to purchase common shares [5] (1,000)     (1,000)     0     0     0     0     (1,000)     0 [1]     0     0     0     0     0     0     0     0    
Deductions from Equity classified as obligation to purchase common shares [6] 672     672     0     0     0     0     672     0 [1]     0     0     0     0     0     0     0     0    
Option premiums and other effects from options on common shares (111)     (111)     0     (111)     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Purchases of treasury shares (1,215)     (1,215)     0     0     0     (1,215)     0     0 [1]     0     0     0     0     0     0     0     0    
Sale of treasury shares 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Net gains (losses) on treasury shares sold 0     0     0     0     0     0     0     0 [1]     0     0     0     0     0     0     0     0    
Other 300     (136)     0     (99)     (37)     0     0     0 [1]     0     0     0     0     0     0     436 [7]     (1)    
Equity, ending balance at Jun. 30, 2026 € 82,335     € 68,616     € 4,891     € 37,761     € 31,314     € (841)     € (328)     € (4,180) [1]     € (851)     € (207)     € (371)     € 0     € (2,762)     € 11     € 12,144     € 1,575    
[1] Excluding remeasurement gains (losses) related to defined benefit plans, net of tax
[2] Excluding unrealized net gains (losses) from equity method investments
[3] Includes Additional Tier 1 Notes, which constitute unsecured and subordinated notes of Deutsche Bank and are classified as equity in accordance with IFRS
[4] At January 3, 2025, Deutsche Bank cancelled 46.4 million of its common shares. The cancellation reduced the nominal value of the shares by € 119 million. The cancelled shares had been held in common shares in treasury, at their acquisition cost of € 675 million. The difference between the common shares at cost and their nominal value has reduced additional paid-in capital by
€ 556 million
[5] Includes the total maximum volume of common shares to be purchased under the share buyback program launched in the reporting period recognized as an obligation to repurchase common shares
[6] Includes the volume of common shares repurchased under the share buyback program launched in the reporting period recognized as a reduction of the obligation to repurchase common shares. The acquisition costs of the repurchased shares are included in the total amount of treasury shares purchased. The remaining common shares to be purchased under the share buyback
program 2026 of € 328 million are recognized in other liabilities
[7] Includes net effect from issuance, repayment, purchase and sale of Additional Equity components