JPMorgan keeps EUR 41 target for Deutsche Bank stock

Published on 10/09/2026 at 12:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 9.00 percent to EUR 8.5 billion. Deutsche Bank stock costs EUR 30.04 on October 9, 2026 after EUR 30.02, plus 0.07 percent.

Key points in brief

JPMorgan kept its EUR 41.00 target and Overweight rating for Deutsche Bank on October 5, 2026.
Second-quarter 2026 net revenue rose 9.00 percent to EUR 8.50 billion and net profit rose 10.00 percent to EUR 1.90 billion.
Deutsche Bank stock was trading at EUR 30.04 at Lang & Schwarz on October 9, 2026, plus 0.07 percent versus EUR 30.02.
The bank is scheduled to report third-quarter 2026 results on October 28, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Taschenrechner und Finanzzeitungen — Deutsche Bank AG (DE0005140008) Flatlay zeigt Aktienzertifikat, ISIN-Karte und Finanzutensilien, Symbolbild für Bankbranche, Illustration mit AI erstellt.

Deutsche Bank (DE0005140008) stock was trading at EUR 30.04 at Lang & Schwarz on October 9, 2026 at 12:37 p.m. CEST, plus 0.07 percent versus the EUR 30.02 prior close. finanzen.net reported that JPMorgan kept its EUR 41.00 target and Overweight rating for Deutsche Bank on October 5, 2026.

Three dated milestones shape the setup

On September 9, 2026, FSM Global said Deutsche Bank had lifted second-quarter 2026 net revenue 9.00 percent year over year to EUR 8.50 billion and net profit 10.00 percent to EUR 1.90 billion.

On September 21, 2026, Deutsche Bank announced Additional Tier 1 securities with a denomination of EUR 200,000 and a first call date of October 30, 2033. The issuance is intended to support the leverage ratio and Tier 1 and total capital ratios.

On October 5, 2026, JPMorgan updated its model before the bank's third-quarter results while leaving the EUR 41.00 target and Overweight rating unchanged. Against the Lang & Schwarz price of EUR 30.04, that target lies 36.48 percent above the price.

What does the earnings setup show?

The second-quarter figures show a clear split between growth and sensitivity. Investment Bank revenue rose 19.00 percent year over year to EUR 3.20 billion, while Corporate Bank revenue increased 1.00 percent to EUR 1.90 billion in the same period, according to FSM Global.

FSM Global also reported that the cost-income ratio improved from 63.60 percent in the second quarter of 2025 to 63.00 percent in the second quarter of 2026. The improvement gives the EUR 1.90 billion profit figure operational support, although the investment banking contribution leaves results exposed to market activity.

Dates investors can measure

Deutsche Bank lists October 28, 2026 for its earnings report covering the period ending September 30, 2026, followed by a fixed-income investor conference call on October 29, 2026. Those dates provide the next formal test of the bank's revenue target and capital position.

Stock holds near EUR 30

The Lang & Schwarz quote stood at EUR 30.04 on October 9, 2026 at 12:37 p.m. CEST, up 0.07 percent against the EUR 30.02 prior close. The reference price is in trading on the Xetra perspective used for German investors.

The further course of trading is shown by the continuously updated real-time quote of Deutsche Bank stock.