Franklin Resources, Inc. vs Deutsche Bank AG — how do they compare? Franklin Resources, Inc. trades at $33.24 (market cap $17.06B), while Deutsche Bank AG trades at $35.81 (market cap $67.54B). The key difference: Deutsche Bank AG is far larger — about 4× Franklin Resources, Inc.'s market cap, and Franklin Resources, Inc. pays the higher dividend (4.02%). Which is the better fit depends on your goals.
| BEN | DB | |
|---|---|---|
Market Cap | $17.06B | $67.54B |
Sector | Financials | Financials |
52-Week High | $34.44 | $40.33 |
52-Week Low | $21.18 | $28.37 |
Enterprise Value | $28.88B | — |
Dividend Yield | 4.02% | 3.3% |
Trailing returns across standard periods
Franklin Resources provides investment services for individual and institutional investors. At the end of August 2022, Franklin had $1.388 trillion in managed assets, composed primarily of equity (32%), fixed-income (38%), multi-asset/balanced (10%) funds, alternatives (16%), and money market funds (4%). Distribution tends to be weighted more toward retail investors (49% of AUM) investors, as opposed to institutional (49%) and high-net-worth (2%) clients. Franklin is also one of the more global firms of the U.S.-based asset managers with more than 35% of its AUM invested in global/international strategies and 25% of managed assets sourced from clients domiciled outside the United States.
Read more on BEN →In July 2019, Deutsche Bank announced another restructuring plan hoping to revitalize revenue, reduce costs, and return to profitability. The largest moving pieces of the new plan is the full exit of global equity sales & trading, the scaling back of its fixed income business, as well as 18,000 FTE reductions until 2022. The remaining core business segments include private banking, corporate banking, asset management, and investment banking.
Read more on DB →