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Deutsche Bank reported a pre-tax profit of just under €5.3 billion for the previous year, a 7% decline attributed to compensation for former Postbank shareholders. Despite this, its subsidiary DWS surpassed €1 trillion in assets under management and aims to attract an additional €150 billion by 2027. Following the disappointing results, Deutsche Bank's shares fell 3.2% to €18.90.
UBS has reduced its price target for ABB from 50 to 49 francs while maintaining a "Neutral" rating. Analyst Andre Kukhnin noted a balanced risk-reward profile for the automation group, incorporating current currency trends and more conservative margin expectations into his analysis.
UBS warns that higher capital requirements could increase operational costs, potentially squeezing margins even as the bank anticipates revenue growth. This situation poses challenges for balancing profitability without burdening consumers, impacting various sectors and overall economic health. As regulatory pressures mount globally, UBS's stance reflects a shift towards long-term stability, emphasizing the need for strategic agility in navigating stricter financial frameworks.
Deutsche Bank Aktiengesellschaft is set to announce its quarterly earnings on February 7, with analysts predicting earnings of $0.41 per share and revenue of $7.37 billion. The bank recently reported $0.16 EPS, missing estimates, and has a current market cap of $39.33 billion, with a "Moderate Buy" rating from analysts.
UBS has reduced its price target for ABB from 50 to 49 francs while maintaining a "Neutral" rating. Analyst Andre Kukhnin noted a balanced risk-reward profile for the automation group, incorporating recent currency trends and more conservative margin expectations into his analysis.
Nordea Bank reported steady growth in 2024, with a 3% increase in total income and a return on equity of 16.7%. Key highlights include an 8% rise in net fee and commission income and a 73% improvement in net insurance results, supported by the acquisition of Danske Bank’s Norwegian operations. Looking ahead, the bank aims for a return on equity above 15% in 2025, focusing on strategic investments and shareholder returns.
Deutsche Bank reported a profit before tax of €5.3 billion for 2024, a 7% decline from the previous year, despite a 4% revenue increase to €30.1 billion. The bank faced challenges from litigation costs, but its Asset Management division surpassed €1 trillion in assets, and the Investment Bank achieved a 15% revenue growth. Looking ahead, Deutsche Bank aims for a return on tangible equity exceeding 10% by 2025, with plans for €2.1 billion in capital distributions.
UBS shares are performing well, currently priced at CHF 32.56, reflecting a 0.60% increase and a remarkable 17.79% rise over the month, indicating growing investor confidence. The bank is set to release its fourth-quarter financial results on February 4, 2025, amidst discussions on whether shareholders should buy or sell. With a market capitalization of EUR 118.5 billion, UBS remains a key player in the European financial sector.
UBS CEO Sergio Ermotti stated that current capital requirements are sufficient and criticized proposals for stricter regulations, particularly the suggestion that Swiss banks must back foreign investments with 100% equity. He emphasized the importance of maintaining UBS's competitiveness and highlighted the successful integration of Credit Suisse clients, with a focus on the upcoming transition in Switzerland. The bank aims to save $13 billion by 2026, having already saved $7.5 billion.
Liechtensteinische Landesbank's share price fell by 1.88% to EUR 78.50 on January 30, 2025, despite a month-on-month increase of 6.76% and an annual performance of 9.72%. The bank's market capitalization stands at EUR 2.4 billion, with a forecast P/E ratio of 12.88 for 2025. A results presentation is scheduled for February 21, 2025, prompting discussions on whether shareholders should buy or sell.
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deutsche bank reports profit decline amid legal costs and share buyback concerns
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08:55 31.01.2025
UBS reduces ABB price target to 49 francs maintains neutral rating
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ubs warns of rising costs amid anticipated revenue growth and regulatory pressures
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deutsche bank set to announce quarterly earnings with mixed analyst ratings
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UBS reduces ABB price target to 49 francs maintains neutral rating
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nordea bank reports steady growth with strong financial performance in 2024
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