Deutsche Bank (DB) vs NatWest Group (NWG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
NatWest Group (NWG) has outperformed Deutsche Bank (DB) over the past year, gaining 19.1% versus a loss of 3.6%. Over five years, DB leads with a +152.4% price change compared with +147.4% for NWG. NatWest Group is the larger company by market cap ($68.34 billion vs $63.04 billion), about 1.1 times the size.
On valuation, Deutsche Bank trades at a lower forward P/E (7.1x vs 8.0x for NatWest Group). Deutsche Bank offers the higher dividend yield (2.98% vs 2.03%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DB | NWG |
|---|---|---|
| Share price | $33.55 | $17.25 |
| Market cap | $63.04B | $68.34B |
| 1-day change | -4.50% | -2.38% |
| YTD return | -13.06% | -1.43% |
| 1-year return | -3.61% | +19.13% |
| 5-year return | +152.45% | +147.42% |
| P/E ratio (TTM) | 8.76 | 8.63 |
| Forward P/E | 7.08 | 8.00 |
| EPS (TTM) | $3.83 | $2.00 |
| Dividend yield | 2.98% | 2.03% |
| Annual dividend | $1.00 | $0.35 |
| 52-week high | $41.62 | $19.42 |
| 52-week low | $28.12 | $13.76 |
| Distance from 52-week high | -19.39% | -11.17% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +27.87% | +27.01% |
| Average volume | 1.91M | 3.48M |
| Shares outstanding | 1.88B | 3.96B |
| Employees | 89,742 | 59,000 |
| Sector | Finance | Finance |
| Industry | Major Banks | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NWG has outperformed DB by 22.7 percentage points over the past year.
About Deutsche Bank
DB stock →Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa. It operates through Corporate Bank, Investment Bank, Private Bank, and Asset Management segments.
Finance · Major Banks · 89,742 employees
About NatWest Group
NWG stock →NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments.
Finance · Commercial Banks · 59,000 employees
DB vs NWG FAQ
Which is bigger, Deutsche Bank or NatWest Group?
NatWest Group (NWG) is larger, with a market capitalization of $68.34B compared with $63.04B for Deutsche Bank (DB).
Which stock has performed better over the past year, DB or NWG?
NWG returned +19.13% over the past 12 months, compared with -3.61% for DB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DB or NWG?
NWG has the lower trailing P/E at 8.6, versus 8.8 for DB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Deutsche Bank or NatWest Group?
Deutsche Bank has the higher yield at 2.98%, compared with 2.03% for NatWest Group.
Are Deutsche Bank and NatWest Group in the same industry?
Both are in the Finance sector, but in different industries: Major Banks for Deutsche Bank and Commercial Banks for NatWest Group.