financial_analysis at position 75–80%

144 slides where a page of type financial analysis falls in the 75–80% range of its deck.

McKinsey 2018 p.973/1274 76%
Lebanon Economic Vision
“A ... and the increase in contribution and depth of the non-banking financial services (2/2)”
0.9% · deal value as % of GDP
McKinsey 2018 p.974/1274 76%
Lebanon Economic Vision
“Achieving balanced sovereign exposure while increasing loan penetration would still give room for ~40 USD Bn of productive investments”
Better fiscal situation will lead to a decrease in sovereign exposure, down to ~37%, giving a 9% (~40 USD Bn) room in the asset base for productive investments (domestically & abroad).
40 USD Bn · Sovereign exposure
BCG 2017 p.368/482 76%
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“1.767 ÅV inkluderet i baseline for logistiktjenesten”
Se deep dive på hver af de berørte myndigheder i bilag¹
1.767 · ÅV (Årsværk/Full-time equivalents)
BCG 2017 p.383/482 79%
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“Brug af ØKO-puls har bidraget til en omkostningsreduktion på 122 mio. kr. ÅV-korrigeret for FH siden 2013”
Forsvarets Hovedværksteder har reduceret omkostningsniveauet fra 2013 til 2016 med 152 mio. kr.
122 mio. kr. · Cost reduction
BCG 2017 p.385/482 79%
Budgetanalyse af Forsvaret 2017 Materialesamling Del 2
“Effektiviseringer fører til et samlet provenu på 34-51 mio. kr.”
Effektiviseringerne resulterer i frigjorte timer, som principielt kan føre til enten en reduktion af bemandingen eller insourcing af vedligeholdelsesopgaver.
34-51 · Financial savings (mio. kr.)
BondCap p.265/334 79%
2019 Bond Cap Internet Trends 2019
“USA Income Statement = -18% Average Net Margin Over 30 Years”
-18% average net margin, 1988-2018
-18% · Net Margin
BondCap p.266/334 79%
2019 Bond Cap Internet Trends 2019
“...USA Income Statement = Net Loses in 45 of 50 Years”
45 of 50 · Annual Net Profit / Loss
BondCap p.267/334 79%
2019 Bond Cap Internet Trends 2019
“USA Entitlements = Medicare + Medicaid Driving Most Spending Growth...”
1988 Entitlements* = $367B / 34% of Expenses; 2018 Entitlements* = $2.2T / 54% of Expenses
54% · Percentage of total expenses
McKinsey 2016 p.176/234 75%
Forsyningssektorens Effektiviseringspotentiale
“4,2 DKK mia. af det samlede potentiale kan realiseres gennem effektiviseringer af driftsomkostninger inden for ~2-4 år”
4,2 DKK mia. (59%) af samlet potentiale skal hentes gennem OPEX-besparelser, og må derfor forventes at kunne realiseres inden for ~2-4 år, hvilket er et potentiale på +1,6 DKK mia. ift. det tilsvarend
4,2 DKK mia. · DKK mia.
McKinsey 2024 p.160/201 79%
American Express Investor Day 2024
“...which has driven increased returns and investment efficiency as we have increased our Marketing spend”
1.6x · Marketing spend efficiency
Deloitte 2015 p.147/194 75%
New Mexico State Staffing Study
“The two processes with the highest average labor cost per FTE also account for the two smallest FTE totals.”
The average labor costs by per FTE for the two processes Manage Conflicts of Interest Related to Sponsored Activities and Manage Licensing, Commercialization, and Technology Transfer are significantly
Kearney 2020 p.147/192 76%
Hydrogen applications and business models
“The levelized cost of energy (blending) could go down to $86 to $99 per MWh by 2030, making it competitive with biomass gas”
By 2030, gas injection on the grid would be competitive with biogas.
$86 · Levelized cost of energy
Kearney 2020 p.148/192 77%
Hydrogen applications and business models
“Only injection plants connected to REN without grid back-up would help reduce CO2 emissions at a cost of $200 to $270 per tCO2”
The carbon abatement cost from wind powered electrolysis and H2 injection through P2G system would be in line with the IPCC recommendations on carbon price upper limit ($220 per tCO2).
$270 · Abatement cost
Kearney 2020 p.152/192 79%
Hydrogen applications and business models
“The levelized cost of energy (for methanation) could go down to $175 to $264 per MWh by 2030, which would make it uncompetitive with biogas (or injection)”
Methanation and methane injection are highly capex-intensive, which increases the LCOE at low utilization rates, such as for solar and wind.
$175 · LCOE
Kearney 2020 p.153/192 79%
Hydrogen applications and business models
“The carbon cost would need to be priced at $1,100 to $3,000 per tCO2 to make a methanation solution competitive with natural gas prices”
Wind-powered electrolysis and methanation could be competitive with methane if CO2 were priced around $1,300 per ton, which is unlikely to happen as the IPCC CO2 price scenario varies from $15 to $220
$1,100 to $3,000 · Abatement cost
AirStreetCapital p.149/188 79%
2021 Air Street Capital The State of AI Report 2021
“Exits in AI: almost 3-fold increase in enterprise value creation in the last 12 months”
The sum of M&A exit value, secondaries, and the enterprise value of IPOs and SPACs is passed €750B in 2021.
€750B · Enterprise value
AirStreetCapital p.150/188 79%
2021 Air Street Capital The State of AI Report 2021
“Exits in AI: $2.3T of enterprise value has been created by AI companies since 2010”
Enterprise software, fintech, media, transportation, and food categories account for $2T of value creation.
€2.3T · Enterprise value
LEK 2019 p.136/178 76%
International Comparison of Australia’s Freight and Supply C
“The Australian wine supply chain appears to be reasonably efficient against the geographies reviewed from a cost perspective”
The Australian wine supply chain appears to be reasonably efficient against the geographies reviewed from a cost perspective.
6 · AUD per 9LE
Kearney 2021 p.125/166 75%
Carbon Capture Utilization and Storage
“Applying CCUS to power plants greatly increases the levelized cost of production, but an increase in the capture rate has a moderate impact on the cost”
Applying CCUS to power plants greatly increases the levelized cost of production, but an increase in the capture rate has a moderate impact on the cost
104 · Levelized cost of energy production
Kearney 2021 p.126/166 75%
Carbon Capture Utilization and Storage
“CCUS technology can expect cost reductions from learnings and gains accrued in technology deployment”
The cost reduction comes from solvent improvements (lower energy use, lower degradation), new non-solvent based capture technologies, improved CO2 compression strategies, economies of scale, and stand
Kearney 2021 p.127/166 76%
Carbon Capture Utilization and Storage
“Applying CCUS to industrial processes increases the levelized cost of production”
Increase in levelized cost of production for industrial processes combined with CCUS.
+58% · Levelized cost of production
Bain 2021 p.98/129 75%
e-Conomy SEA 2021 Roaring 20s: The SEA Digital Decade
“H1 2021 alone has already surpassed the deal values of each of the last four years”
H1 2021 alone has already surpassed the deal values of each of the last four years
$4.7B · Deal value
Bain 2020 p.101/128 78%
e-Conomy SEA 2020 At full velocity: Resilient and racing ahe
Investment in Internet sector
3.8 · Deal value
Bain 2021 p.95/126 75%
e-Conomy SEA 2021 Roaring 20s: The SEA Digital Decade
“DFS claims lion's share of investor funding, raising ~$1.5B in H1 2022 alone, with activity primarily focused on B2B payments and lending services”
$1.5B · Private funding value
Bain 2021 p.99/126 78%
e-Conomy SEA 2021 Roaring 20s: The SEA Digital Decade
“DFS to accelerate towards 2025, driven by digital investments hitting ~$25B AUM at 40% CAGR and lending reaching ~$16B at ~39% CAGR”
40% · CAGR
Bain 2021 p.100/126 79%
e-Conomy SEA 2021 Roaring 20s: The SEA Digital Decade
“Despite a ~30% drop in deal activity, deal value grew marginally YoY due to several high-profile investments in new categories”
Despite a ~30% drop in deal activity, deal value grew marginally YoY due to several high-profile investments in new categories
$0.5B · Private funding value
Bain 2021 p.101/126 80%
e-Conomy SEA 2021 Roaring 20s: The SEA Digital Decade
“E-commerce attracts ~$340M in H1 2022, of which the bulk was allocated to Malaysia’s first unicorn, outpacing DFS to become the investor favourite”
$340M · Private funding value
KPMG 2023 p.70/93 75%
Our Impact Plan 2023
Operational taxes paid
In FY22, Reporting KPMG Firms paid a total of US$2.0 billion in operational taxes (up from US$1.8 billion in FY21).
2.0 · Operational taxes paid
JPMorgan 2026 p.70/92 75%
guide to the markets asia
Currencies: FX hedging
Hedged U.S. Treasury less attractive than local government bond
Barclays 2025 p.65/85 76%
FY24 Results and Progress Update Presentation
Barclays Investment Bank financials and 2026 targets
8.5% · RoTE
JPMorgan 2026 p.61/79 76%
mi gtm latam br en
AI-related industries
98% · Price return
JPMorgan 2026 p.63/79 79%
mi gtm latam br en
U.S.: Small caps, mid caps and large caps
33% · Market capitalization
MorganStanley 2022 p.58/77 75%
morgan stanley virtual hk summit march 2022
“Strong underlying client business; well positioned for upside opportunities”
Strong underlying client business; well positioned for upside opportunities
$1,729 · Net Profit Contribution
MorganStanley 2022 p.59/77 76%
morgan stanley virtual hk summit march 2022
“Strong underlying client business”
Majority of capital relates to credit risk reflecting client-focused business
+12% · Operating Income
MorganStanley 2022 p.60/77 77%
morgan stanley virtual hk summit march 2022
“Result reflects higher income on equity and debt investments and higher fee and commission income”
Higher net income on equity and debt investments primarily driven by: Higher revenue from asset realisations predominantly in Europe, in the business services and technology sectors.
468 · Net Profit Contribution
MorganStanley 2022 p.61/77 78%
morgan stanley virtual hk summit march 2022
Macquarie Capital
$5.1 · Capital
GoldmanSachs 2020 p.53/70 75%
Goldman Sachs Sixteenth Annual ANZ Investment Forum Presenta
Banking and Financial Services
Higher Personal Banking income driven by a 14% growth in average mortgage volumes
385 · Net Profit Contribution
GoldmanSachs 2020 p.55/70 78%
Goldman Sachs Sixteenth Annual ANZ Investment Forum Presenta
“Results driven by strong performance in commodities”
Increased net interest and trading income: Commodities - Strong results across the commodities platform from increased client hedging activity particularly in Global Oil, North American Gas and Power
1,138 · Net Profit Contribution
Accenture 2025 p.48/63 75%
February Macro Brief
“US corporates are benefitting from the Fed's gradual rate cutting cycle as the burden of net interest payments declines, alongside looser lending standards to support growth”
US financial conditions for investment
$200B · US corporate net interest payments
Accenture 2025 p.48/62 77%
May Macro Brief Consumer spending in flux
“US corporates are benefitting from the Fed's gradual rate cutting cycle as the burden of net interest payments declines, alongside relatively loose lending standards to support growth”
Tighter credit standards
~$225B · US corporate net interest payments
Deloitte 2021 p.47/60 78%
Global Fashion & Luxury Private Equity and Investors Survey
Return expected from new investments
73% of investors expect an IRR >20%, causing also a high competition in investing in the F&L sector for the incoming years.
73% · IRR
RolandBerger 2021 p.45/59 75%
Megatrend 2 Health & Care
“For the individual, formal care costs vary greatly across care settings – In the US, nursing home care is twice as expensive as at-home care”
Notably, for the care recipient in the US, the more institutional the care setting, the more sharply expensive care becomes: Nursing home care is far more expensive compared to at-home care but also n
99,500 · Annual average cost of LTC
GoldmanSachs 2023 p.45/58 77%
Fresenius SE 2023 06 13 14 Goldman Sachs 44th Annual Global
Illustrative financial implications from change of Fresenius Medical Care's legal form
Deconsolidation and Fair Value determination under IAS 28 could have further measurement effects; based on similar assumptions as at Step 1 (IFRS 5 adoption)
-0.9 · IFRS measurement effect
GoldmanSachs 2023 p.46/58 78%
Fresenius SE 2023 06 13 14 Goldman Sachs 44th Annual Global
Fresenius Kabi: Q1/23 Organic Revenue Growth by Product Group
7% · Organic Revenue Growth
Accenture 2023 p.43/57 75%
March Macro Brief Financial fissures emerge
“US and Euro area companies are increasingly passing on their input costs to consumers, while margin erosion continues in the UK”
In the US, margins are being restored as intermediate input inflation pressures ease. Euro area companies are also now fully passing on costs, while in the UK, companies are still hesitating to pass o
+6 · Output PPI minus Input PPI gap (YoY % points)
misc 2023 p.44/57 76%
Lazards Lcoeplus
“Levelized Cost of Energy—Illustrative LDES at Scale”
The LCOE of LDES technologies is expected to be competitive with lithium-ion for large-scale 8-hour systems in the second half of the decade, with anticipated unit cost advantages at longer durations
$154 – $205/MWh · LCOS ($/MWh)
Accenture 2023 p.43/55 77%
Year-end Macro Brief Into the Fog of Winter
“Euro area companies continue to be able to pass on their input costs while US and UK companies appear to be allowing some margin compression”
In the Euro area corporate margins have been squeezed as intermediate input inflation pressures rises
+0.1% · Input vs Output PPI gap (3-month moving average % change)
DeutscheBank 2024 p.41/54 75%
Deutsche Bank Q4 FY 2024 Presentation
Provision for credit losses and Stage 3 loans
1,830 · Provision for credit losses
RolandBerger 2018 p.42/54 77%
Prefabricated housing market in Central and Northern Europe
“The majority of manufacturers have been able to gradually increase their revenues between 2012 and 2016”
17.1% · Revenue
DeutscheBank 2024 p.42/54 77%
Deutsche Bank Q4 FY 2024 Presentation
2024 provisioning trends
As previously anticipated, impacts of transitory headwinds reduced in second half of the year reflecting stabilization of CRE and Postbank integration impacts tapering off
334 · Provision for credit losses
UBS 2024 p.42/54 77%
modern retirement monthly report en
“The window for estate planning may be closing”
Sunset USD 6.56 million per person (USD 13.12 million per couple)
6.56 million · Lifetime gift and estate tax exemption
DeutscheBank 2024 p.43/54 79%
Deutsche Bank Q4 FY 2024 Presentation
Commercial Real Estate (CRE) 1 / 2
CLPs at elevated level driven primarily by office sector, but declining quarter over quarter.
€ 36bn · CRE non-recourse portfolio
DeutscheBank 2023 p.40/53 75%
Deutsche Bank Q4 FY 2023 Presentation
Provision for credit losses and stage 3 loans
1505 · Provision for credit losses
DeutscheBank 2023 p.41/53 76%
Deutsche Bank Q4 FY 2023 Presentation
Loan and deposit development
Lending remained essentially stable during the quarter and compared to last year adjusted for FX.
€622bn · Loan and deposit volume
Barclays 2023 p.40/52 76%
Barclays H12023 Results Presentation
TNAV per share
291 · TNAV per share
Gartner 2025 p.40/52 76%
Gartner Introduction 2025
Capital Structure and Allocation
~1B repurchase authorization remaining as of July 31, 2025.
0.2x · Net Debt/Adjusted EBITDA
Barclays 2023 p.41/52 78%
Barclays H12023 Results Presentation
Q223 Group Financial Highlights
Group income up 6% to £6.3bn, reflects diverse sources of income across Barclays.
£1,964m · Profit before tax
Gartner 2025 p.41/52 78%
Gartner Introduction 2025
Medium Term Guidance
10% · Revenue Growth
Barclays 2023 p.39/51 76%
20230215 Barclays FY22 Results Presentation
“Capital structure well managed”
Continue to run a robust level of AT1 capital and maintain conservative headroom.
20.8% · Total capital ratio
GoldmanSachs 2022 p.39/51 76%
Presentation+Leonardo+GS+Investor+Meeting
“Aircraft: Solid performance”
Aircraft production increase driven by EFA Kuwait and M-345/M-346; Tempest initial R&D activities expected
432 · EBITA
Barclays 2023 p.40/51 78%
20230215 Barclays FY22 Results Presentation
TNAV per share
295 · TNAV per share
GoldmanSachs 2022 p.40/51 78%
Presentation+Leonardo+GS+Investor+Meeting
Aerostructures and ATR
Aerostructures gradual recovery despite continued softness in target civil market; ATR recovering faster, leveraging 2021 results
-203 · EBITA
Barclays 2023 p.41/51 80%
20230215 Barclays FY22 Results Presentation
Q422 Group Financial Highlights
Income up 12% YoY including the benefit from FX, with strong performances in Barclays UK and CC&P.
£1,036m · Attributable profit
GoldmanSachs 2022 p.41/51 80%
Presentation+Leonardo+GS+Investor+Meeting
“Recovery of Manufacturing and confirmed solid performance of Satellite services”
Growing volumes driven by increased backlog and profitability improvement expected in Manufacturing due to efficiency actions in place to recover competitiveness on Telecommunication business
62 · EBITA
DeutscheBank 2023 p.38/48 78%
Deutsche Bank Q1 2023 Presentation
Derivatives bridge
DB's reported IFRS derivative trading assets of € 246bn would fall to € 17bn on a net basis, after considering legally enforceable Master Netting Agreements in place and collateral received.
€ 246bn · IFRS derivative trading assets
DeutscheBank 2023 p.36/47 76%
Deutsche Bank Q3 2023 Presentation
Commercial Real Estate (CRE) 1 / 2
€ 32bn in scope of severe stress test
€ 40bn · CRE non-recourse portfolio
Bain 2017 p.37/47 78%
Altagamma 2017 Worldwide Luxury Market Monitor
“THROUGH DIFFERENT ERAS, LUXURY BRANDS HAVE CONSISTENTLY DELIVERED ATTRACTIVE OPERATING PROFITS”
23% · EBIT margin
DeutscheBank 2023 p.37/47 78%
Deutsche Bank Q3 2023 Presentation
Commercial Real Estate (CRE) 2 / 2
Refinancing risk remains main risk when loans with lower debt service coverage ratio and reduced collateral values reach maturity / extension dates, requiring sponsor equity contributions to qualify f
€ 18bn · CLPs
DeutscheBank 2024 p.37/47 78%
Deutsche Bank Q3 2024 Presentation
Commercial Real Estate (CRE) 2 / 2
Refinancing remains main risk when loans with lower debt service coverage ratio and reduced collateral values reach maturity / extension dates, requiring modifications including additional equity.
5.3% · CLP impact
DeutscheBank 2024 p.35/46 75%
Q4 FY 2024 Fixed Income Call
Noninterest expenses – FY 2024 results and FY 2025 outlook
Cost base expected to marginally increase relatively to original target to below 65% CIR, or ~€ 20.8bn of noninterest expenses, which will support further business growth momentum
20.8bn · Noninterest expenses
JPMorgan 2019 p.35/46 75%
2019 cib investor day ba56d0e8
Expense walkforward (adjusted)
$21B · Adjusted Expenses
JPMorgan 2019 p.36/46 77%
2019 cib investor day ba56d0e8
ROE Walk: 2018 Actuals – Medium-term target
Revenue ~$40B, Overhead Ratio 54%+/-, Capital $80B
16% · ROE
Barclays 2023 p.34/45 75%
Barclays Q32023 FI Presentation
“Issued c.£12bn YTD”
£12bn · HoldCo issuance volume
DeutscheBank 2025 p.34/45 75%
Deutsche Bank Q1 2025 Presentation
Level 3 assets and liabilities
Level 3 is an indicator of valuation uncertainty and not of asset quality.
€ 26bn · Level 3 assets
DeutscheBank 2024 p.34/45 75%
Deutsche Bank Q1 2024 Presentation
Commercial Real Estate (CRE) 2 / 2
Refinancing remains main risk when loans with lower debt service coverage ratio and reduced collateral values reach maturity / extension dates, often requiring modifications including additional equit
€ 121m · CLPs
UBS 2023 p.34/45 75%
Private Markets Asset Allocation Guide May 2023 002
“Achieving target allocation through multi-year commitments”
A continuous over-commitment strategy of ~25% of the target allocation can help achieve long-term targets
25% · Portfolio NAV
DeutscheBank 2025 p.35/45 77%
Deutsche Bank Q1 2025 Presentation
Leverage exposure and risk-weighted assets
1,302 · Leverage exposure
DeutscheBank 2024 p.35/45 77%
Deutsche Bank Q1 2024 Presentation
Level 3 assets and liabilities
Level 3 is an indicator of valuation uncertainty and not of asset quality.
€ 24bn · Level 3 assets
UBS 2023 p.35/45 77%
Private Markets Asset Allocation Guide May 2023 002
“Managing liquidity and maintenance”
Capital calls are relatively small compared to the portfolio
21% · Portfolio NAV
Barclays 2023 p.36/45 79%
Barclays Q32023 FI Presentation
“Prudently managed LCR supported by a highly liquid balance sheet”
81% of Liquidity Pool held in cash
159% · Liquidity Coverage Ratio (LCR)
DeutscheBank 2025 p.36/45 79%
Deutsche Bank Q1 2025 Presentation
Litigation update
Litigation provisions decreased by € 0.1bn quarter on quarter
€ 2.0bn · Litigation provisions
DeutscheBank 2024 p.36/45 79%
Deutsche Bank Q1 2024 Presentation
Leverage exposure and risk-weighted assets
355 · Risk-weighted assets
DeutscheBank 2023 p.34/44 76%
Client Creditor Overview Q4 2023
“Significant amount of loss-absorbing capacity”
Q3 2025 loss-absorbing capacity significantly above all regulatory requirements, with MREL remaining the most binding constraint.
€118bn · TLAC stack
DeutscheBank 2023 p.35/44 79%
Client Creditor Overview Q4 2023
Funding and liquidity
High-quality and well-diversified deposit portfolio across client segments and products with 68% in German home market
140% · Liquidity Coverage Ratio
DeutscheBank 2024 p.35/44 79%
Deutsche Bank Q2 2024 Presentation
Commercial Real Estate (CRE) 2 / 2
Refinancing remains main risk when loans with lower debt service coverage ratio and reduced collateral values reach maturity / extension dates, requiring modifications including additional equity.
€ 130m · CLPs per quarter
DeutscheBank 2023 p.33/43 76%
Deutsche Bank Q2 2023 Presentation
Loan and deposit development
Lending reduction of € 5bn (1%) in the quarter adjusted for FX; Deposits stabilized during the quarter with an increase of € 2bn adjusted for FX.
81% · Loan-to-deposit ratio
DeutscheBank 2023 p.33/43 76%
Investor Presentation 022323 DB summit
December 31, 2022 balance sheet
226,814 · Adjusted EBITDA
JPMorgan 2025 p.33/43 76%
mi gtia
China: Equity valuations
13.2x · Forward P/E ratio
CreditSuisse 2022 p.34/43 78%
2022 strategy update
“Targeting Group CET1 ratio of >13.5% pre-B3R in 2025”
CET1 ratio targeted to remain at least 13.0% pre-B3R through transformation.
>13.5% · CET1 ratio
DeutscheBank 2023 p.32/42 75%
Deutsche Bank Q4 2023 Fixed Income Call
Group Trading Book Value-at-Risk (VaR) and stressed Value-at-Risk (sVaR)
34 · Value-at-Risk
JPMorgan 2026 p.32/42 75%
ga sma presentation
“Performance has been driven by stock selection across sectors, complemented by the flexibility to identify companies early in their growth lifecycle”
2.13 · Annualized Attribution
DeutscheBank 2023 p.31/41 75%
Deutsche Bank Q3 2023 Fixed Income Call
Value-at-Risk / stressed Value-at-Risk (VaR / sVaR)
€34m · Value-at-Risk
BCG 2010 p.33/41 80%
US Mail Volumes to 2020
“Catalog volume expected to fall about 29%”
Mail Rebound from recession offset by smarter targeting
29% · Catalog volume
DeutscheBank 2025 p.31/40 76%
Q1 2025 Fixed Income Call
Adjusted costs – Q1 2025 (YoY)
Cost discipline maintained in Q1 with adjusted costs of € 5.1bn in line with expectations; excluding FX effects, adjusted costs ex-bank levies increased by only € 29m, essentially flat
5,122 · Adjusted costs
OliverWyman 2021 p.32/40 79%
Sustainability Risk Under Solvency II
“THE ECONOMIC IMPACTS ARE MEASURED ON AN AGGREGATED REGIONAL LEVEL WITH PROFITABILITY AS THE MAIN KPI”
The margin shock on the European index is substantially smaller, since pre-existing CO2-prices are substantially higher, while the CO2-prices from the scenarios under consideration are moderate.
JPMorgan 2025 p.30/38 78%
ei strategy presentation
Equity Income: Setting performance expectations
1) A challenging market backdrop for a conservative approach*
27.21 · Cumulative performance
McKinsey 2023 p.28/37 75%
US Credit Card Issuer Performance 1Q 2023
“Consumer credit card is likely to be the largest contributors to revenue growth”
213Bn · Net new revenues
PwC 2024 p.28/37 75%
China M&A 2024 Review and Outlook
“Deal values were at low levels; Europe and Asia was the most-favored destinations by deal value”
China Merchant Fund (SOE background financial buyer) and BlackRock consortium acquired Aramco Gas Pipelines Company in Saudi Arabia for US$15.5bn.
DeutscheBank 2014 p.28/37 75%
20190312 Deutsche Bank MIT Conference
“Financial Leverage at Six Year Low”
De-levered significantly (~4.0x) between December 2009 and December 2013
5.6x · Net Financial Leverage
DeutscheBank 2014 p.29/37 77%
20190312 Deutsche Bank MIT Conference
“Prudent Cost Management and Increasing Margins”
Gray TV continues to grow operating margins through identified operational efficiencies.
43% · Operating Cash Flow Margin
Bain 2018 p.27/35 76%
ALTAGAMMA 2018 WORLDWIDE LUXURY MARKET MONITOR
“Players are investing in their growth (while facing inflation): profitability slightly decreasing after unprecedented increase in 2021”
Hyperinflation and resumption of brands’ investments (i.e., marketing, renovations, IT, transformation costs) slightly driving down industry profitability in 2022
19-21% · EBIT
DeutscheBank 2024 p.27/35 76%
Deutsche Bank Q1 2024 Fixed Income Call
Level 3 assets and liabilities
Level 3 is an indicator of valuation uncertainty and not of asset quality.
€24bn · Level 3 assets
DeutscheBank 2021 p.28/35 79%
tifs investor presentation deutsche bank 17 june 21
“Proven Track Record of Growth and Financial Performance”
Financial performance has been resilient through macro economic cycles
6.4% · Revenue Growth CAGR
MorganStanley 2023 p.28/35 79%
m and a trends and outlook in the technology services sector
“CX companies valuation reached pre-COVID levels after soaring high in 2021”
We observed correction in CX companies' valuation from ~19x in 2021 to ~13x in 2022/23, bring the multiples back to near pre-COVID levels.
12.8x · Median LTM EV/EBITDA
RolandBerger 2017 p.25/33 75%
New US tax/tariff proposals and their impact on the US autom
“However, the increase in household expenditures would be offset due to a significant reduction in personal income taxes”
In essence the border taxes would eliminate 54% of the expected tax benefit for households under the Trump proposal and about 92% under the GOP proposal
4,469 · Free cash flow per household
DeutscheBank 2023 p.25/33 75%
Client Creditor Overview July 2023
“Depositors and counterparties are protected by € 119bn loss-absorbing capacity¹”
Objective: restore capital to ensure continued operation of critical functions without impacting depositors / counterparties ranking superior in the hierarchy
€ 119bn · TLAC
DeutscheBank 2023 p.26/33 78%
Client Creditor Overview July 2023
“Significant buffer over MREL/TLAC requirements”
Q1 2023 loss-absorbing capacity significantly above all regulatory requirements, with MREL remaining most binding constraint.
€19bn · MREL/TLAC surplus
GoldmanSachs 2024 p.26/33 78%
Goldman Sachs 2024 Aircraft Leasing Conference
“A New Milestone in Cash Flow Generation”
Targeting a third consecutive year of collection rates above 100%
1,290 · Net cash flow from operating activities
Barclays 2018 p.25/32 77%
barclays ceo energy power conference 2018
Order Backlog
$2,271 · Order Backlog
DeutscheBank 2023 p.25/32 77%
Client Creditor Overview Q3 2023 incl S&P update
Commercial Real Estate (CRE) 1 / 2
€32bn in scope of severe stress test
€40bn · CRE exposure
UBS 2022 p.25/32 77%
original
3Q22 Group results by region
3.9 · Total revenues
DeutscheBank 2023 p.25/31 80%
Client Creditor Overview August 2023
“€ 114bn loss-absorbing capacity 1”
Objective: restore capital to ensure continued operation of critical functions without impacting depositors / counterparties ranking superior in the hierarchy
€ 114bn · Loss-absorbing capacity
GoldmanSachs 2024 p.25/31 80%
Calumet+Inc.+Carbonomics+Investor+Presentation+Final+11+Nov.
RENEWABLE DIESEL MARGIN FRAMEWORK
~$2/Gal Historical Index Margin
$2/Gal · Renewable Index Margin
Nielsen 2024 p.23/30 75%
2024 icc men’s t20 world cup economic impact report
“Air Travel spend contributed $32.3M to the overall event impact on the economy”
Travel spend contributed a total of $32.3M to the overall direct economic impact.
$32.3M · Air Travel Spend
misc 2024 p.23/30 75%
Economic Impact Assessment ICC Men’s T20 World Cup 2024 - Te
“Air Travel spend contributed $32.3M to the overall event impact on the economy”
Travel spend contributed a total of $32.3M to the overall direct economic impact.
$32.3M · Air Travel Spend
RolandBerger 2017 p.24/30 79%
Private financing of rolling stock
“In Eastern Europe, the absolute volume of private financing of rolling stock has remained stable in comparison with the previous study”
Comparable to Western Europe, the decline can be attributed to lower public spending – private spending remained stable in the same period
EUR 213 m · Private financing volume
MorganStanley 2023 p.24/30 79%
2023 MS Conference Presentation
Commercial & industrial overview
$58.1bn · Portfolio loans
Nielsen 2024 p.24/30 79%
2024 icc men’s t20 world cup economic impact report
“Local travel expenditure contributed to a total of about $46.9M to the overall direct economic impact”
Local travel expenditure contributed to a total of about $46.9M to the overall direct economic impact
$46.9M · Total Transportation Spends
misc 2024 p.24/30 79%
Economic Impact Assessment ICC Men’s T20 World Cup 2024 - Te
“Local travel expenditure contributed to a total of about $46.9M to the overall direct economic impact”
Transportation costs away from the event were higher than expected, primarily due to many fans using rented cars (either self-driven or with hired drivers) to reach the host city, visit tourist destin
$46.9M · Total Transportation Spends
DeutscheBank 2024 p.22/29 75%
Client Creditor Overview Q1 2024
“Net interest income in line with guidance”
3.1 · Net interest income
GoldmanSachs 2022 p.22/29 75%
Goldman Sachs 2022 final
“Cost saves being realized and merger costs fading”
$12.8 · Adjusted NIE
DeutscheBank 2024 p.23/29 78%
Client Creditor Overview Q1 2024
Group Trading Book Value-at-Risk (VaR) and stressed Value-at-Risk (sVaR)
€121m · Value-at-Risk
BCG 2021 p.20/26 76%
The True-Luxury Global Consumer Insight (7th Edition)
“The path ahead for Offline: from self-standing channel to touchpoint”
The path ahead for Offline: from self-standing channel to touchpoint.
380/400 · Luxury market channel mix
DeutscheBank 2025 p.20/26 76%
Client Creditor Overview Q1 2025
Litigation update
Litigation provisions decreased by € 0.1bn quarter on quarter
2.0 · Litigation provisions
McKinsey 2023 p.20/26 76%
Global gas outlook to 2050
“Investments in the energy sector grow by 35–120% until 2040 but stay in line with historical shares of GDP”
Decarbonization technologies are projected to outgrow total investments significantly, at 6–11% p.a.
$3.2 trillion · Annual energy investment
DeutscheBank 2025 p.21/26 80%
Client Creditor Overview Q1 2025
Derivatives bridge
DB's reported IFRS derivative trading assets of € 233bn would fall to € 13bn on a net basis, after considering legally enforceable master netting agreements in place and collateral received.
€ 233bn · Derivative trading assets
Gartner 2023 p.19/25 75%
Second Quarter 2023 Results
Condensed Consolidated Statements of Operations
198.0 · Net income
Gartner 2023 p.20/25 79%
Second Quarter 2023 Results
Condensed Consolidated Statement of Cash Flows
1173.4 · Cash and cash equivalents
JPMorgan 2024 p.17/22 76%
Keynote address
“Strategies that result in the creation of “pure play” entities typically create value for shareholders”
~1-3 turn premium for more pure play firms vs. the more diversified
11.1x · EV/EBITDA multiple
McKinsey 2014 p.17/21 80%
Poverty Empowerment India
“Basic services spending needs to grow in line with GDP, shifting towards healthcare, drinking water and sanitation”
+6.7% p,a
1,088 · Public spend on basic services
misc 2022 p.16/20 78%
Warehouse Automation
“Over the last five years, publicly listed companies active in the warehouse automation and material handling segment have traded at median levels of 12.5x LTM EBITDA and 12.0x NTM EBITDA”
Over the last five years, publicly listed companies active in the warehouse automation and material handling segment have traded at median levels of 12.5x LTM EBITDA and 12.0x NTM EBITDA.
12.5x · EV/EBITDA
PwC 2021 p.15/19 77%
Dissecting the 2021/22 Annual Budget Speech
2022/23 Annual Budget Speech: Expenditure Execution Rate
82.20% · Expenditure Execution Rate
PwC 2023 p.14/18 76%
Dissecting 2023-24 Budget Speech
2023/24 Annual Budget Speech: Expenditure Execution Rate
88.70% · Expenditure Execution Rate
GoldmanSachs 2021 p.14/18 76%
Goldman Sachs conference April 2021
Pro forma financial performance - reconciliation
13.4 · Pro forma NPAT
EY 2020 p.13/17 75%
Reinforcing the New South Wales Southern Shared Network (Hum
Option 3C outcomes – Forecast cumulative gross market benefits
misc 2022 p.13/16 80%
The Combustion Engine Business Model in the Age of Electromo
“Archetypes 4-6 | Asian and Chinese BEV stragglers face significant profit losses”
Asian volume manufacturers and traditional Chinese manufacturers face significant profit losses if they rely on the BEV laggard strategy
-25% · NPV 2022-2040 relative to base scenario
MorganStanley 2024 p.13/16 80%
MSDL 4Q23 Earnings Presentation
“NAV per Share Bridge For the Quarter Ended December 31, 2023”
$20.67 · NAV per share
JPMorgan 2025 p.12/15 78%
20250311 jpm conference presentation
“2025 and 2026 EBIT; 2027 ROIC target of ≥15% expected in 2026”
$3.8B · EBIT
JPMorgan 2025 p.12/15 78%
250114 FRE prsn JPM SFO 0
“Significant financial progression based on new setup”
+8% · Revenue growth
Barclays 2023 p.11/14 76%
230911 mexico ir presentation
Financial performance
436 · PBT
Barclays 2023 p.11/14 76%
Barclays Global Financial Services Conference 2023
“Improve capital position”
Truist continues to build capital and maintains significant strategic flexibility with its remaining stake in TIH
10% · CET1 ratio
CreditSuisse 2016 p.11/14 76%
csg investor day 2016 sru
“Pre-tax loss projected to reduce to ~USD 800 mn by year-end 2019”
~USD 800 mn · Pre-tax loss
GoldmanSachs 2023 p.11/14 76%
GSBD Investor Presentation Q1 2023 vF
Net Asset Value Bridge
$12.71 · Net Asset Value
McKinsey 2023 p.10/13 75%
The individual health insurance market in 2023
“Rates for plans increased in 2023 across metal tiers and plan categories”
Overall, most silver plans became more expensive in 2023, with many consumers seeing a price increase of more than 7.5 percent.
7.5% · Premium change