UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

Commission File Number 1-15242

DEUTSCHE BANK CORPORATION

(Translation of Registrant’s Name Into English)

Deutsche Bank Aktiengesellschaft

Taunusanlage 12

60325 Frankfurt am Main

Germany

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of

Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

Explanatory note and Exhibits

On January 29, 2026, Deutsche Bank AG published its Media Release, Analyst Conference Call Presentation and Financial

Data Supplement, each of which relates to Deutsche Bank’s results for the quarter and year ended December 31, 2025.

For non-U.S. purposes, Deutsche Bank AG publishes such documents setting forth results prepared in accordance with

International Financial Reporting Standards (IFRS) as endorsed by the European Union, including application of portfolio fair

value hedge accounting for non-maturing deposits and fixed rate mortgages with pre-payment options (“EU IFRS”, using the

“EU carve-out”). Fair value hedge accounting under the EU carve-out is employed to minimize the accounting exposure to

both positive and negative moves in interest rates in each tenor bucket thereby reducing the volatility of reported revenue

from Treasury activities. These documents prepared using EU IFRS are attached as Exhibits 99.1 through 99.3 hereto.

For U.S. reporting purposes, Deutsche Bank AG also prepares versions of its Media Release and Financial Data

Supplement prepared in accordance with IFRS as issued by the International Accounting Standards Board (IASB), which

does not permit use of the EU carve-out (“IASB IFRS”), but which is otherwise the same as EU IFRS. The Media Release

and Financial Data Supplement prepared using IASB IFRS are attached as Exhibits 99.4 and 99.5 hereto. The impact of the

EU carve out is described in the section “Basis of Accounting” on page 11 of Exhibit 99.4 hereto.

This Report on Form 6-K contains the following exhibits:

Exhibit 99.1: Deutsche Bank AG’s Media Release, dated January 29, 2026, announcing its preliminary results for the quarter

and year ended December 31, 2025 (EU IFRS).

Exhibit 99.2: Financial Data Supplement 4Q 2025, providing details of the preliminary results (EU IFRS).

Exhibit 99.3: Presentation of Christian Sewing, Chief Executive Officer, James von Moltke, President and Chief Financial

Officer, and Raja Akram, Chief Financial Officer Designate, given at Deutsche Bank AG’s Analyst Conference Call on

January 29, 2026 (EU IFRS).

Exhibit 99.4: Deutsche Bank AG’s Media Release, dated January 29, 2026, announcing its preliminary results for the quarter

and year ended December 31, 2025 (IASB IFRS).

Exhibit 99.5: Financial Data Supplement 4Q 2025, providing details of the preliminary results (IASB IFRS).

This Report on Form 6-K and Exhibits 99.4 and 99.5 hereto are hereby incorporated by reference into Registration

Statement No. 333-278331 of Deutsche Bank AG. Exhibits 99.1 through 99.3 are not so incorporated by reference.

The results provided hereby are presented under International Financial Reporting Standards (IFRS) and are preliminary

and unaudited. Such results do not represent a full set of financial statements in accordance with IAS 1 and IFRS 1.

Therefore, they may be subject to adjustments based on the preparation of the full set of financial statements for 2025.

Forward-looking statements contain risks

This report contains forward-looking statements. Forward-looking statements are statements that are not historical facts;

they include statements about Deutsche Bank’s beliefs and expectations. Any statement in this report that states Deutsche

Bank’s intentions, beliefs, expectations or predictions (and the assumptions underlying them) is a forward-looking statement.

These statements are based on plans, estimates and projections as they are currently available to the management of

Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and Deutsche Bank

undertakes no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could

therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors

include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which

Deutsche Bank derives a substantial portion of its trading revenues, potential defaults of borrowers or trading counterparties,

the implementation of its strategic initiatives, the reliability of its risk management policies, procedures and methods, and

other risks referenced in its filings with the U.S. Securities and Exchange Commission. Such factors are described in detail

in Deutsche Bank’s 2024 Annual Report on Form 20-F filed with the SEC on March 13, 2025, under the heading “Risk

Factors.” Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/

ir.

Use of Non-GAAP Financial Measures

This document and other documents Deutsche Bank has published or may publish contain non-GAAP financial measures.

Non-GAAP financial measures are measures of its historical or future performance, financial position or cash flows that

contain adjustments that exclude or include amounts that are included or excluded, as the case may be, from the most

directly comparable measure calculated and presented in accordance with IFRS in its financial statements. Examples of its

non-GAAP financial measures, and the most directly comparable IFRS financial measures, are as follows:


Non-GAAP Financial Measure		Most Directly Comparable IFRS Financial Measure
Profit (loss) before tax before nonoperating costs, Profit (loss) before tax excluding specific litigation items		Profit (loss) before tax
Profit (loss) attributable to Deutsche Bank shareholders, Profit (loss) attributable to Deutsche Bank shareholders and additional equity components, Profit (loss) excluding specific litigation items, Profit (loss) attributable to Deutsche Bank shareholders excluding specific litigation items		Profit (loss)
Net interest income in the key banking book segments		Net interest income
Revenues on a currency-adjusted basis		Net revenues
Adjusted costs, Costs on a currency-adjusted basis, Nonoperating costs, Specific litigation items		Noninterest expenses
Cost/income ratio excluding specific litigation items		Cost/income ratio based on noninterest expenses
Net assets (adjusted)		Total assets
Tangible shareholders’ equity, Average tangible shareholders’ equity, Tangible book value, Average tangible book value		Total shareholders’ equity (book value)
Post-tax return on average shareholders’ equity (based on Profit (loss) attributable to Deutsche Bank shareholders after AT1 coupon), Post-tax return on average tangible shareholders’ equity (based on Profit (loss) attributable to Deutsche Bank shareholders after AT1 coupon), Post-tax return on average shareholders’ equity excluding specific litigation items, Post-tax return on average tangible shareholders’ equity excluding specific litigation items		Post-tax return on average shareholders’ equity
Tangible book value per basic share outstanding, Book value per basic share outstanding		Book value per share outstanding

For descriptions of these non-GAAP financial measures and the adjustments made to the most directly comparable financial

measures under IFRS, please refer to (i) pages 15 through 26 of Exhibits 99.2 and 99.5 and (ii) the section “Supplementary

Information (Unaudited): Non-GAAP Financial Measures” on pages 422 to 428 of Deutsche Bank’s 2024 Annual Report on

Form 20-F.

When used with respect to future periods, non-GAAP financial measures Deutsche Bank uses forward-looking statements.

Deutsche Bank cannot predict or quantify the levels of the most directly comparable financial measures under IFRS that

would correspond to these measures for future periods. This is because neither the magnitude of such IFRS financial

measures, nor the magnitude of the adjustments to be used to calculate the related non-GAAP financial measures from

such IFRS financial measures, can be predicted. Such adjustments, if any, will relate to specific, currently unknown, events

and in most cases can be positive or negative, so that it is not possible to predict whether, for a future period, the non-GAAP

financial measure will be greater than or less than the related IFRS financial measure.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed

on its behalf by the undersigned, thereunto duly authorized.

Deutsche Bank Aktiengesellschaft

Date:January 29, 2026


By:	_/s/ Andrea Schriber____________
Name:	Andrea Schriber
Title:	Managing Director


By:	_/s/ Joseph C. Kopec____________
Name:	Joseph C. Kopec
Title:	Managing Director and Senior Counsel

DEUTSCHE BANK AKTIENGESELLSCHAFT 6-K