Deutsche Bank AG vs Nomura Holdings Inc — how do they compare? Deutsche Bank AG trades at $38.4 (market cap $71.96B), while Nomura Holdings Inc trades at $9.8 (market cap $28.46B). The key difference: Deutsche Bank AG is far larger — about 2.5× Nomura Holdings Inc's market cap, and Nomura Holdings Inc pays the higher dividend (3.31%). Which is the better fit depends on your goals.
| DB | NMR | |
|---|---|---|
Market Cap | $71.96B | $28.46B |
Sector | Financials | Financials |
52-Week High | $40.33 | $10.04 |
52-Week Low | $28.37 | $6.73 |
Dividend Yield | 3.04% | 3.31% |
Trailing returns across standard periods
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 →Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
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