Deutsche Bank stock trades at EUR 31.87 after buyback completion

Published on 09/29/2026 at 15:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank stock follows a buyback covering 0.8 percent of share capital completed on September 25, 2026. Second-quarter profit rose 10 percent to EUR 1.9 billion.

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Deutsche Bank (ISIN DE0005140008) was trading at EUR 31.87 at Lang & Schwarz on September 29, 2026 at 3:00 p.m. CEST, up 0.41 percent versus the prior close of EUR 31.74. The bank had completed its EUR 500 million share buyback on September 25, 2026, giving the market a concrete capital-return milestone as the next quarterly report approaches.

Buyback completes capital return

According to Deutsche Bank on September 28, 2026, the program repurchased shares equal to 0.8 percent of the bank's share capital at a volume-weighted average price of EUR 33.19. Aggregate buyback activity reached EUR 1.5 billion in 2026, compared with EUR 1.0 billion in 2025.

The company also targets a 60 percent payout ratio for fiscal year 2026 and later years, with additional distributions possible when its CET1 ratio sustainably exceeds 14 percent. That policy gives the buyback a wider capital-allocation context than a single transaction.

Second-quarter profit rose 10 percent

Deutsche Bank's second-quarter 2026 after-tax profit rose 10 percent year over year to EUR 1.9 billion, while profit before tax increased 11 percent to EUR 2.7 billion, Capital.com reported on September 15, 2026. Diluted earnings per share increased 19 percent to EUR 0.57 in the quarter.

For the first half of 2026, after-tax profit increased 9 percent to EUR 4.1 billion and profit before tax rose 9 percent to EUR 5.7 billion. The figures matter for the stock because the buyback is being funded alongside improving profitability rather than presented as a substitute for earnings growth.

Goldman target reaches EUR 43.75

Investing.com reported on September 2, 2026 that Goldman Sachs upgraded Deutsche Bank to Buy from Neutral and raised its price target to EUR 43.75 from EUR 37.00. The new target lies 37.30 percent above the Lang & Schwarz price of EUR 31.87, a gap that depends on further profitability and capital-generation progress.

Deutsche Bank's investor-relations calendar lists the third-quarter 2026 earnings report for October 28, 2026, followed by a fixed-income investor call on October 29, 2026.

Deutsche Bank stock trades above EUR 31

At Lang & Schwarz, Deutsche Bank stock was trading at EUR 31.87 on September 29, 2026 at 3:00 p.m. CEST, plus 0.41 percent versus the prior close of EUR 31.74. The Xetra quotation is identified by ticker DBK, while the 52-week range was EUR 23.82 to EUR 35.85 as of September 29, 2026.