Deutsche Bank vs Nordea (DBK.DE vs NDA-FI.HE)

Deutsche Bank (DBK.DE) vs Nordea (NDA-FI.HE) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Deutsche Bank (DBK.DE) and Nordea (NDA-FI.HE) compete in banking. Here are Deutsche Bank and Nordea side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Deutsche Bank or Nordea.

Deutsche Bank vs Nordea: the figures

Deutsche Bank and Nordea figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Deutsche Bank or Nordea figure is not available, and we never estimate it.

3 key differences between Deutsche Bank and Nordea

1. Dividend: Nordea yields 8.21% at today's price and Deutsche Bank yields 3.27%.
2. Profitability: for every 100 of sales, Nordea keeps 40.3 as net profit and Deutsche Bank keeps 22.7.
3. Valuation: Nordea trades at 11.9x its annual earnings and Deutsche Bank at 9.8x; the market pays more for each dollar of Nordea profit, usually because it expects more growth.

Deutsche Bank or Nordea: which fits your profile

• If you want growth: Deutsche Bank is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Nordea pays the higher dividend relative to its price.
• If you prefer caution: Nordea has a less volatile share price, which usually gives more room in a bad year.
• If price is what matters most to you: Deutsche Bank trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Deutsche Bank nor Nordea wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Deutsche Bank and Nordea make money

Deutsche Bank (DBK.DE)

Deutsche Bank reports four divisions: the Investment Bank, its largest by revenue, covering fixed income, currencies and M&A advisory; the Corporate Bank, with payments and financing for companies; the Private Bank, offering accounts, loans and wealth management to individuals in Germany and abroad; and Asset Management through its DWS fund arm. Full Deutsche Bank analysis.

Nordea (NDA-FI.HE)

Nordea is a major Nordic bank serving Finland, Sweden, Denmark and Norway. It reports four business areas: Personal Banking, the largest, with mortgages and accounts for individuals; Business Banking for small and midsize firms; Large Corporates & Institutions; and Asset & Wealth Management, which runs funds and private wealth. It earns interest and fees. Full Nordea analysis.

Frequently asked questions: Deutsche Bank vs Nordea

Is Deutsche Bank or Nordea the better stock?

Choosing between Deutsche Bank and Nordea depends on what you are looking for. Deutsche Bank is growing faster right now, and Deutsche Bank trades on the lower P/E. Fintols does not tell you whether to buy Deutsche Bank or Nordea: it shows you the differences so you can decide.

Which pays a higher dividend, Deutsche Bank or Nordea?

As of November 4, 2026, Nordea yields 8.21% and Deutsche Bank yields 3.27%. Also check how much of their profit Deutsche Bank and Nordea pay out: if it is more than they earn, it cannot last.

Which is more expensive, Deutsche Bank or Nordea?

On P/E, Nordea (11.9x) is more expensive than Deutsche Bank (9.8x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Deutsche Bank and Nordea?

Yes. Many people spread their money across several companies, such as Deutsche Bank and Nordea, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Deutsche Bank or Nordea.

More comparisons with Deutsche Bank or Nordea

• Deutsche Bank vs Banco Sabadell
• Bankinter vs Deutsche Bank
• Nordea vs Banco Sabadell
• Bankinter vs Nordea

More companies like Deutsche Bank and Nordea: banking stocks. Educational content about Deutsche Bank and Nordea, not investment advice.