What is the DZ Bank Net Worth/ Market Cap in 2024: Finance Performance

What is the DZ Bank Net Worth/ Market Cap in 2024: Finance Performance

Curious about DZ Bank net worth in 2024? Ando Money dives deep into the financials of one of the major banks globally.

Discover the key metrics and performance indicators that define DZ Bank’s economic strength.

Quick Facts

NameDZ Bank AG
Full NameDZ Bank AG Deutsche Zentral-Genossenschaftsbank
Traded asN/A
FoundersMerger of DG Bank and GZ Bank
HeadquartersFrankfurt, Germany
Chief Executive OfficerWolfgang Kirsch
Number of Employees32,271
Market CapN/A
Total AssetsEUR 644.5 billion ($689.6 billion)
Total equityEUR 31.1 billion ($33.3 billion)
RevenueEUR 8.1 billion ($8.7 billion)
Net IncomeEUR 2.2 billion ($2.35 billion)

What is the Net Worth/ Market Cap Of DZ Bank in 2024?

As of 2024, DZ Bank does not have a publicly traded market capitalization since it operates as a central institution for cooperative banks rather than a publicly traded entity.

DZ Bank Financial Performance Overview

DZ Bank Financial Performance Overview

DZ Bank has demonstrated substantial growth and stability in its financial performance, underlined by key financial metrics and diverse income streams.

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In 2024, the bank’s annual revenue reached EUR 8.1 billion ($8.7 billion), a 19% increase from the previous year.

This impressive performance is driven by net interest income, which constitutes 54% of the total revenue, net fee and commission income at 35%, and insurance income making up the remaining 11%.

Asset Quality and Loan Portfolio

The asset quality of DZ Bank is robust, with total assets amounting to EUR 644.5 billion ($689.6 billion).

The bank’s customer loans represent 32% of these assets, highlighting its significant role in providing financial support to its clients.

Furthermore, the bank’s non-performing loans (NPL) ratio stands at a modest 1.86%, demonstrating effective risk management and prudent lending practices.

The coverage ratio of 59% ensures that DZ Bank maintains adequate reserves to cover potential loan losses, safeguarding its financial stability.

Capitalization and Liquidity

DZ Bank boasts a strong capital structure, reflected in its CET1 ratio of 15.5%, which is well above regulatory requirements.

The bank’s total equity is EUR 31.1 billion ($33.3 billion), further underscoring its solid capitalization.

Liquidity is another area where DZ Bank excels, with a Liquidity Coverage Ratio (LCR) of 146% and a Net Stable Funding Ratio (NSFR) of 127%.

These figures indicate that the bank has ample high-quality liquid assets to meet short-term obligations and a stable funding profile to support long-term operations.

Funding Sources and Financial Stability

DZ Bank’s funding sources are diversified, with interbank deposits making up 28% of total liabilities, customer deposits accounting for 26%, and debt securities comprising 17%.

This mix of funding sources provides a stable base for the bank’s operations, although it does expose DZ Bank to some market volatility.

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Nevertheless, the bank’s strong credit ratings from agencies such as Moody’s (Aa2), Fitch (AA), and S&P (A+) bolster its ability to access capital markets and secure funding at favorable terms.

Contribution of Cooperative Banks

The German cooperative banking network is a cornerstone of DZ Bank’s financial structure.

With almost 700 local cooperative banks holding 94.7% of DZ Bank’s shares, these entities significantly contribute to the bank’s overall financial health.

The cooperative banks’ strong performance and extensive customer base help DZ Bank achieve its financial goals and maintain a substantial market presence in Germany.

Corporate and Retail Banking Segments

DZ Bank serves a broad range of clients through its corporate and retail banking segments.

In corporate banking, DZ Bank offers comprehensive services to large corporates, SMEs, and institutional investors. This includes foreign payment processing, credit guarantees, and currency hedging.

The retail banking segment provides local cooperative banks and their customers with various financial products, including interest rate products, derivatives, and investment certificates.

These segments collectively contribute to DZ Bank’s revenue and reinforce its position in the banking sector.

Capital Markets and Investment Activities

The capital markets segment is a critical revenue driver for DZ Bank.

The bank offers advisory and sales services related to investment and risk management products, catering to institutional customers, cooperative banks, and corporate clients.

DZ Bank also plays a pivotal role in managing cash pooling for cooperative banks and procuring liquidity by issuing securities.

These activities enhance the bank’s revenue streams and support its financial stability.

ESG Initiatives and Sustainable Finance

The bank is committed to Environmental, Social, and Governance (ESG) initiatives, aiming to reduce the CO2 intensity of its lending business and investments by 2050.

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The bank has set ambitious targets to reduce CO2 intensity by 14% by 2025 and 36% by 2030.

Additionally, DZ Bank is actively involved in financing renewable energy projects, with loan volumes committed to this sector amounting to EUR 7.4 billion ($7.9 billion) in 2023.

These efforts highlight DZ Bank’s dedication to sustainable finance and its role in promoting environmental responsibility.

Future Outlook and Strategic Goals

Looking ahead, DZ Bank aims to continue its growth trajectory and strengthen its financial performance.

The bank’s strategic goals include expanding its corporate banking business, enhancing its investment in sustainable finance, and maintaining its strong capitalization and liquidity positions.

While challenges such as economic fluctuations and regulatory changes may arise, DZ Bank’s robust financial foundation and strategic initiatives position it well for future success.

FAQs about DZ Bank

FAQs about DZ Bank

What is DZ Bank?

DZ Bank is one of Germany’s largest financial institutions, headquartered in Frankfurt. It serves as a central bank for approximately 900 cooperative banks in Germany, providing a wide range of financial services.

What does DZ in DZ Bank stand for?

DZ stands for Deutsche Zentral-Genossenschaftsbank, meaning German Central Cooperative Bank.

What is the history of DZ Bank?

It was established in 2001 through the merger of DG Bank and GZ Bank, with roots dating back to the 19th century.

What services does DZ Bank offer?

DZ offers retail banking, corporate finance, investment banking, wealth management, and digital banking solutions.

What is the structure of DZ Bank?

The bank operates as a cooperative bank owned by around 900 cooperative banks in Germany.

How does DZ Bank contribute to sustainability?

The bank incorporates environmentally and socially responsible practices and supports cultural and social initiatives.

What awards has DZ Bank received?

DZ has received accolades for sustainability, corporate governance, and innovation.

What makes DZ Bank unique?

DZ’s cooperative structure, focus on sustainability, innovative digital solutions, and support for the cooperative banking sector distinguish it from other financial institutions.


DZ Bank net worth reflects its robust financial position among global banks. For more insights and updates, visit andomoney.com.

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