{
  "docId": "019dd923-5e88-73ef-bd5c-18913fe566f7",
  "docSlug": "0f8a343efddae510",
  "documentTitle": "Deutsche Bank Q4 FY 2024 Presentation",
  "authorId": "DeutscheBank",
  "authorName": "Deutsche Bank",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 25,
  "pageCount": 54,
  "prevPage": 24,
  "nextPage": 26,
  "slideType": "key_takeaways",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 7,
  "notes": "Slide 25 from Deutsche Bank Q4/FY 2024 results presentation.",
  "elementsJson": [
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5c-18913fe566f7/25",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5c-18913fe566f7",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-18913fe566f7.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-18913fe566f7#slide-25",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Confidence in 2025 revenue ambition of ~€ 32bn, in line with 2021-2025 CAGR target of 5.5%-6.5%, underpinned by 2024 performance and continued execution of growth agenda.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-1045-7320-b056-95d2e9753090",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.88,
        "x": 0.073,
        "y": 0.658
      },
      "kind": "list",
      "text": "Plan to propose € 0.68 dividend per share (~€ 1.3bn) in respect of FY 2024 and approved share buyback of € 750m year to date; clear path to exceed € 8bn capital distribution target",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6edf29c2-1ce9-4f08-bc81-9575fdca9ffd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.88,
        "x": 0.073,
        "y": 0.388
      },
      "kind": "list",
      "text": "Resetting CIR target to below 65% to support sustained investments into franchise, offset by ongoing execution of efficiency measures",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "79cc9d75-9171-4b86-b8c1-7b88ee8955c5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.88,
        "x": 0.073,
        "y": 0.258
      },
      "kind": "list",
      "text": "Confidence in 2025 revenue ambition of ~€ 32bn, in line with 2021-2025 CAGR target of 5.5%-6.5%, underpinned by 2024 performance and continued execution of growth agenda",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7f84f5ad-c3e6-4be0-a453-f6657315e54d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.88,
        "x": 0.073,
        "y": 0.538
      },
      "kind": "list",
      "text": "Provisions for credit losses expected to be on average around € 350-400m per quarter",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c9b7c095-37d2-4173-8316-015b1219334e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.88,
        "x": 0.073,
        "y": 0.788
      },
      "kind": "list",
      "text": "Set to achieve >10% RoTE target in 2025, with targeted management agenda to deliver growth and further improving returns",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f0f1a17c-23e7-429f-a30f-e09d7a4f9139",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "RoTE: >10%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-1045-7320-b056-9b54321170f5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.036,
        "y": 0.9
      },
      "kind": "paragraph",
      "text": "Notes: for footnotes refer to slides 52 and 53",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "76ee178c-9c0f-4c78-8d66-52a3930bae1a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.042,
        "w": 0.123,
        "x": 0.036,
        "y": 0.058
      },
      "kind": "title",
      "text": "Outlook",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c3c04e26-0257-47d4-a739-ad3c6d611e84",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 25,
      "from": 16,
      "beatId": "9e6c53a3-5327-4ce3-a863-27f1271d9e3c",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The document outlines the bank's targets and outlook for 2025 and beyond",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 25,
      "from": 16,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "c1628eef-199b-4844-a9a5-52eed7d6026d",
      "evidence": "The document outlines the bank's targets and outlook for 2025 and beyond",
      "position": 2,
      "objective": "What are the consequences of not achieving the bank's financial targets?",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}