What Do Deutsche Bank’s Ratings and Valuations Look Like?
Deutsche Bank shares trade at a PE multiple of 5.2x. UBS, Credit Suisse (CS), and Barclays (BCS) are trading at price-to-earnings multiples of 8.3x, 4.9x, and 6.1x, respectively.
German-based Deutsche Bank (DB) has announced plans to cut dividend payments for 2015 and 2016 as part of its plan to strengthen the bank’s capital.
Deutsche Bank (DB) is currently undergoing restructuring as a result of poor financial performance. It’s also facing legal troubles.
For full year 2015, Deutsche Bank’s (DB) losses were 6.8 billion euros, its first since the financial crisis of 2009. It reported losses of 2.1 billion euros for the fourth quarter of 2015.
Deutsche Bank has been the focus of anxiety as well as the health of the European banking system (EUFN). The company has announced its first full year of loss since the 2008 recession.
Shares of Deutsche Bank (DB) have fallen nearly 10% in the last three trading sessions. Efforts to reassure investors about its ability to pay coupons on its AT1 bonds were in vain.
After the sharp fall in Deutsche Bank (DB) shares on Monday, February 8, 2016, John Cryan reassured investors in a memo that the bank is “rock-solid.”
German-based Deutsche Bank’s (DB) shares have been on a roller coaster ride. Shares have fallen nearly 30% in 2016 so far, and news of a share buyback has failed to soothe investors.
In 2015, American International Group (AIG) continued with its simplification process for its balance sheet.
AIG reported a pre-tax operating loss of $2.1 billion for its commercial insurance business in 4Q15 as compared to a pre-tax operating income of $1.2 billion in 4Q14.
AIG’s retirement insurance division saw pre-tax operating earnings of $600 million in 4Q15, a fall of 17%.
In 2016, AIG will make select investments in technology and innovation, and it will also return capital to its shareholders.
AIG’s shares appear to be fairly valued given the company’s weak operating performance.
American International Group (AIG) has announced that it will spend $500 million on restructuring initiatives for organizational simplification, operational efficiency, and business rationalization.
With an operating loss per share of $1.10, AIG missed Wall Street analysts’ loss per share estimates of $0.91.
Carlyle Group (CG) stock has fallen ~53% over the past six months on declining valuations of its holdings due to the global slowdown.
Carlyle’s compensation expenses fell in the fourth quarter as well as for the full year.
Carlyle’s performance fell on a decline in energy and global market strategies. Its realized performance fees stood at $100 million in 4Q15 compared to $264 million in the corresponding quarter last year.
Carlyle saw a depreciation in natural resources, legacy energy, and GMS (global market strategies) carry funds during the fourth quarter of 2015.
Carlyle Group (CG) announced that its assets under management fell by 6% to $182.6 billion in 4Q15 compared to 4Q14.