Diebold Nixdorf (DBD)
Market Price (3/30/2026): $74.96 | Market Cap: $2.7 BilSector: Industrials | Industry: Electrical Components & Equipment
Diebold Nixdorf (DBD)
Market Price (3/30/2026): $74.96Market Cap: $2.7 BilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldFCF Yield is 8.9% | Key risksDBD key risks include [1] a substantial debt load that challenges its financial stability and flexibility, Show more. |
| Low stock price volatilityVol 12M is 37% | |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Automation & Robotics. Themes include Digital Payments, Online Banking & Lending, Show more. |
| Attractive yieldFCF Yield is 8.9% |
| Low stock price volatilityVol 12M is 37% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Automation & Robotics. Themes include Digital Payments, Online Banking & Lending, Show more. |
| Key risksDBD key risks include [1] a substantial debt load that challenges its financial stability and flexibility, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Diebold Nixdorf (DBD) stock has gained about 15% since 11/30/2025 because of the following key factors:
1. Exceptional Q4 2025 Earnings Beat and Strong 2026 Outlook, Driving Analyst Confidence.
Diebold Nixdorf reported adjusted earnings per share (EPS) of $3.02 for the fourth quarter of 2025 on February 12, 2026, significantly surpassing analysts' consensus estimates of $1.73. This strong financial performance was further bolstered by a robust 2026 financial outlook, with management projecting adjusted EPS of $5.50 at the midpoint, exceeding analyst expectations by 9.6%. This positive earnings surprise and forward-looking guidance led Wall Street analysts to maintain or upgrade their ratings to "Buy" or "Strong Buy," with average 12-month price targets increasing to between $90.00 and $100.00, signaling substantial potential upside.
2. Record Free Cash Flow Generation and Strategic Share Repurchase Program.
The company demonstrated significant financial health by achieving a record free cash flow of $239 million for the full year 2025, which more than doubled from the previous year. This strong cash generation provided the foundation for the authorization of a new $200 million share repurchase program on November 5, 2025, building upon the successful completion of an earlier $100 million program. These strategic capital allocation decisions underscored Diebold Nixdorf's fortified balance sheet and its commitment to enhancing shareholder value.
Show more
1. Exceptional Q4 2025 Earnings Beat and Strong 2026 Outlook, Driving Analyst Confidence.
Diebold Nixdorf reported adjusted earnings per share (EPS) of $3.02 for the fourth quarter of 2025 on February 12, 2026, significantly surpassing analysts' consensus estimates of $1.73. This strong financial performance was further bolstered by a robust 2026 financial outlook, with management projecting adjusted EPS of $5.50 at the midpoint, exceeding analyst expectations by 9.6%. This positive earnings surprise and forward-looking guidance led Wall Street analysts to maintain or upgrade their ratings to "Buy" or "Strong Buy," with average 12-month price targets increasing to between $90.00 and $100.00, signaling substantial potential upside.
2. Record Free Cash Flow Generation and Strategic Share Repurchase Program.
The company demonstrated significant financial health by achieving a record free cash flow of $239 million for the full year 2025, which more than doubled from the previous year. This strong cash generation provided the foundation for the authorization of a new $200 million share repurchase program on November 5, 2025, building upon the successful completion of an earlier $100 million program. These strategic capital allocation decisions underscored Diebold Nixdorf's fortified balance sheet and its commitment to enhancing shareholder value.
Show more
Stock Movement Drivers
Fundamental Drivers
The 16.3% change in DBD stock from 11/30/2025 to 3/29/2026 was primarily driven by a 81.3% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 64.52 | 75.01 | 16.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,690 | 3,806 | 3.1% |
| Net Income Margin (%) | 1.4% | 2.5% | 81.3% |
| P/E Multiple | 46.5 | 28.5 | -38.8% |
| Shares Outstanding (Mil) | 36 | 36 | 1.7% |
| Cumulative Contribution | 16.3% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DBD | 16.3% | |
| Market (SPY) | -5.3% | 37.7% |
| Sector (XLI) | 3.9% | 36.4% |
Fundamental Drivers
The 22.7% change in DBD stock from 8/31/2025 to 3/29/2026 was primarily driven by a 14.3% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 61.11 | 75.01 | 22.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,672 | 3,806 | 3.6% |
| P/S Multiple | 0.6 | 0.7 | 14.3% |
| Shares Outstanding (Mil) | 37 | 36 | 3.6% |
| Cumulative Contribution | 22.7% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DBD | 22.7% | |
| Market (SPY) | 0.6% | 41.5% |
| Sector (XLI) | 5.5% | 38.0% |
Fundamental Drivers
The 69.6% change in DBD stock from 2/28/2025 to 3/29/2026 was primarily driven by a 59.6% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 44.23 | 75.01 | 69.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,751 | 3,806 | 1.5% |
| P/S Multiple | 0.4 | 0.7 | 59.6% |
| Shares Outstanding (Mil) | 38 | 36 | 4.7% |
| Cumulative Contribution | 69.6% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DBD | 69.6% | |
| Market (SPY) | 9.8% | 60.1% |
| Sector (XLI) | 18.4% | 59.0% |
Fundamental Drivers
nullnull
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DBD | ||
| Market (SPY) | 69.4% | 41.6% |
| Sector (XLI) | 65.1% | 44.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DBD Return | - | - | 41% | 49% | 58% | 12% | 270% |
| Peers Return | -6% | -33% | 2% | 44% | -3% | -21% | -28% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| DBD Win Rate | - | - | 80% | 58% | 83% | 67% | |
| Peers Win Rate | 44% | 35% | 63% | 53% | 48% | 7% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| DBD Max Drawdown | - | - | -17% | -4% | -14% | -6% | |
| Peers Max Drawdown | -23% | -48% | -18% | -15% | -28% | -26% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: NATL, VYX, FIS, ORCL, TOST.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
DBD has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -22.6% | -25.4% |
| % Gain to Breakeven | 29.2% | 34.1% |
| Time to Breakeven | 273 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.8% | -33.9% |
| % Gain to Breakeven | 74.8% | 51.3% |
| Time to Breakeven | 232 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.6% | -19.8% |
| % Gain to Breakeven | 32.6% | 24.7% |
| Time to Breakeven | 312 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -63.3% | -56.8% |
| % Gain to Breakeven | 172.8% | 131.3% |
| Time to Breakeven | 1,463 days | 1,480 days |
Compare to NATL, VYX, FIS, ORCL, TOST
In The Past
SPDR Select Sector Fund's stock fell -22.6% during the 2022 Inflation Shock from a high on 1/4/2022. A -22.6% loss requires a 29.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Diebold Nixdorf (DBD)
Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in Western Europe, Eastern Europe, Asia, the Middle East, Africa, the United States, Canada, Mexico, and Latin America. It operates through Eurasia Banking, Americas Banking, and Retail segments. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics. It also provides banking product-related services comprising proactive monitoring and rapid resolution of incidents through remote service capabilities or an on-site visit; first- and second-line maintenance, preventive maintenance, and on-demand services; managed and outsourcing services, such as business processes, solution management, upgrades, and transaction processing; and cash management services. In addition, the company offers DN Vynamic software suite to simplify and enhance the consumer experience; mobile point of sale and self-checkout terminals; printers, scales, and mobile scanners; and banknote and coin processing systems. Additionally, it provides retail customer's product-related services, such as on-demand and professional services; maintenance and availability services; implementation services; managed mobility services; monitoring and advanced analytics; and store life-cycle management services. The company was formerly known as Diebold, Incorporated and changed its name to Diebold Nixdorf, Incorporated in December 2016. Diebold Nixdorf, Incorporated was founded in 1859 and is headquartered in Hudson, Ohio.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Diebold Nixdorf (DBD):
- It's like a specialized IBM for the banking and retail sectors, providing the essential hardware (like ATMs and self-checkout machines), software, and services that power customer interactions and back-end operations.
- Think of it as a direct peer to NCR, a major global provider of ATMs, self-checkout systems, and the underlying technology and services for financial institutions and retailers.
- It's like the Deere & Co. of banking and retail self-service, building and maintaining the crucial machines and systems—such as ATMs and self-checkout terminals—that keep transactions flowing.
AI Analysis | Feedback
Diebold Nixdorf's Major Products and Services:
- Financial Hardware: Provides automated teller machines (ATMs), cash recyclers, intelligent deposit terminals, teller automation tools, kiosks, and physical security solutions for banks.
- Retail Hardware: Offers mobile point of sale (POS) and self-checkout terminals, printers, scales, mobile scanners, and banknote/coin processing systems for retailers.
- Banking & Retail Software: Delivers front-end applications and back-end platforms, including the DN Vynamic suite, for managing transactions, operations, omnichannel experiences, and providing analytics.
- Equipment Maintenance & Support: Offers proactive monitoring, incident resolution, preventive, and on-demand maintenance for financial and retail hardware.
- Managed & Outsourcing Services: Provides services such as business process management, solution upgrades, transaction processing, and store life-cycle management for clients.
- Cash Management Services: Supplies specialized services focused on optimizing the handling and flow of cash for financial institutions.
- Implementation & Professional Services: Delivers services for the setup, deployment, and optimization of both banking and retail solutions.
AI Analysis | Feedback
Diebold Nixdorf (symbol: DBD) primarily sells its solutions and services to other companies. Based on the provided background information, its major customers fall into the following categories:- Financial Institutions
- Retailers
AI Analysis | Feedback
nullAI Analysis | Feedback
Octavio Marquez, President and Chief Executive Officer
Octavio Marquez has served as President and Chief Executive Officer of Diebold Nixdorf since March 2022. He joined Diebold in January 2014 and previously held senior leadership roles across the company's global banking organization and the Americas region, where he led the Global Banking business. Prior to joining Diebold Nixdorf, Marquez served as managing director for the Mexico operations for EMC, a global leader in IT management and cloud computing, where he developed turnaround strategies. He also held several leadership roles at Hewlett Packard, including President of HP Mexico, a role in which he transformed the company into the largest IT business in the market. Marquez also held leadership positions with IBM and NCR.
Thomas Timko, Executive Vice President and Chief Financial Officer
Thomas Timko was appointed Executive Vice President and Chief Financial Officer of Diebold Nixdorf, effective May 17, 2024. He joined Diebold Nixdorf from GE, where he served for nearly six years as global chief accounting officer (CAO) and controller, playing a key role in the transformation of GE into three stand-alone companies. Before his tenure at GE, Timko spent over five years at General Motors (GM) as CAO and controller. His career also includes leadership positions as vice president and chief accounting officer at Applied Materials, and as chief accounting officer and controller at Delphi Corporation.
Elizabeth Radigan, Executive Vice President, Chief Administrative Officer and Corporate Secretary
Elizabeth Radigan serves as executive vice president, chief administrative officer and corporate secretary for Diebold Nixdorf. In this role, she is responsible for leading the company's global legal, human resources, and corporate compliance programs, as well as enterprise risk management, real estate and facilities, information security, and internal communications.
Joe Myers, Executive Vice President, Chief Revenue Officer
Joe Myers serves as executive vice president, chief revenue officer for Diebold Nixdorf. He is responsible for leading the company's global Banking and Retail sales teams to deliver integrated, customer-focused solutions. Myers joined Diebold Nixdorf in 2022 as Executive Vice President, Global Banking.
Andy Zosel, Executive Vice President and Chief Product & Technology Officer
Andy Zosel is the Executive Vice President and Chief Product & Technology Officer at Diebold Nixdorf. He and his team are responsible for defining global standards for efficient execution and supporting the seamless deployment and integration of solutions across various markets and customer environments. Under his leadership, the Product & Technology organization focuses on leveraging artificial intelligence and other emerging technologies. Prior to joining Diebold Nixdorf, Zosel served as senior vice president for the Intelligent Automation businesses (RFID, Machine Vision & Robotics) at Zebra Technologies.
AI Analysis | Feedback
The key risks to Diebold Nixdorf's business are primarily driven by the evolving landscape of the financial and retail sectors, its financial structure, and global operational challenges.
- Intense Market Competition and Digital Transformation: Diebold Nixdorf operates in a highly dynamic environment characterized by rapid technological advancements and shifting consumer behaviors towards digital banking and retail experiences. The company faces formidable competition from established players like NCR Corporation, Fujitsu, and GK Software. A significant risk is the ongoing substitution threat from digital alternatives such as mobile wallets and fintech platforms, which are replacing physical cash transactions at ATMs and in-store checkouts. The sustained adoption of digital payments and cashless trends threatens the long-term demand for Diebold Nixdorf's traditional physical products and limits new market growth potential. The company's strategic pivot from low-margin hardware sales to higher-margin recurring software and managed services contracts is crucial for its future competitiveness, but this transition itself carries execution and scaling risks.
- High Debt Levels and Financial Resilience: Diebold Nixdorf has a history of substantial indebtedness, which previously led to a Chapter 11 restructuring that concluded in 2023. While the company has focused on debt reduction and improving its capital structure, it still requires sufficient cash flows and capital resources to fund its debt service obligations and other liquidity needs. The company's debt levels have historically raised concerns regarding its ability to convert earnings before interest and taxes (EBIT) to free cash flow, and its liabilities have at times outweighed its market capitalization.
- Supply Chain Vulnerabilities and Tariffs: The company's global operations expose it to risks related to supply chain integrity and the impact of tariff policies. For instance, in Q1 2025, new tariffs were estimated to have a gross impact of approximately $20 million, affecting key components. These vulnerabilities can lead to operational cost pressures and affect the company's profitability and cost structures.
AI Analysis | Feedback
The accelerated global adoption of purely digital payment methods (such as mobile wallets, peer-to-peer payments, and central bank digital currencies) is an emerging threat. This trend diminishes the fundamental need for physical cash handling infrastructure (e.g., ATMs, cash recyclers, intelligent deposit terminals, banknote and coin processing systems) and traditional physical point-of-sale terminals, which constitute a significant portion of Diebold Nixdorf's core hardware and related service offerings.
AI Analysis | Feedback
Diebold Nixdorf (DBD) operates within several significant addressable markets for its banking and retail solutions globally.
Banking Solutions
- Automated Teller Machine (ATM) Market: The global ATM market size was valued at approximately USD 25.61 billion in 2025 and is projected to reach nearly USD 35.8 billion by 2032. North America held the largest share of the ATM market, accounting for 31.34% in 2024. Diebold Nixdorf holds a 32% share of the global ATM market.
- Banking Process Automation Market: The global Banking Process Automation Market is anticipated to reach approximately USD 19.1 billion by 2032, increasing from its 2022 value of USD 3.0 billion.
- AI and Automation in Banking Market: The global AI and automation in banking market size was estimated at USD 42.64 billion in 2025 and is projected to reach USD 239.64 billion by 2033. In 2025, North America accounted for a 37.8% share of this market.
- Cash Management System Market: The global cash management system market was valued at USD 17.6 billion in 2024 and is projected to reach USD 36.92 billion by 2030. In 2024, the Europe cash management system market dominated the global market with a 31.1% share. North America was the largest region in the cash management system market in 2025.
Retail Solutions
- Self-checkout Systems Market: The global self-checkout systems market size was estimated at USD 5.71 billion in 2025 and is predicted to grow to approximately USD 20.15 billion by 2035. North America held the largest share of this market with 43% in 2025. Diebold Nixdorf is a leader in self-service checkout shipments in the EMEA region (Europe, Middle East, and Africa), with a 40% market share as of August 2024.
- Point-of-Sale (POS) Terminal Market: The global point-of-sale terminal market size was valued at USD 123.15 billion in 2025 and is projected to reach USD 226.87 billion by 2033. Asia Pacific dominated the POS terminal market with a 30% share in 2023. The North America POS Terminals Market held 24.70% of the global market revenue in 2025.
- Retail Technology Market: The global Retail Technology Market size was valued at USD 266.4 billion in 2024 and is expected to grow to USD 500 billion by 2035. North America is the dominant region, with a valuation of USD 100 billion in 2024, projected to grow to USD 180 billion by 2035.
- Smart Retail Market: The global smart retail market size was estimated at USD 43.13 billion in 2024 and is projected to reach USD 450.69 billion by 2033. In 2024, North America dominated the smart retail market with a 34.1% revenue share.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Diebold Nixdorf (DBD) over the next 2-3 years:- Growth in Banking Segment Solutions: Diebold Nixdorf anticipates continued revenue growth from its banking segment, driven by strong demand for its DN Series ATMs and increased adoption of cash recycling technology. The company expects to refresh its global ATM install base, with a significant portion of its anticipated banking product revenue for 2024 already covered by its backlog.
- Expansion of Retail Self-Checkout and AI-Driven Solutions: The company expects growth in its retail segment, fueled by robust demand for self-checkout (SCO) units due to ongoing labor challenges and the enhancement of customer and staff experiences. Additionally, Diebold Nixdorf is focused on scaling its AI-driven solutions in North American retail, securing new customer wins in this area.
- Increased Service and Software Attach Rates and Recurring Revenue: A key driver of future revenue growth is the strong attach rate of service and software to hardware sales. The recurring nature of this service and software revenue, along with expanded service offerings, software-enabled automation initiatives, and cash management solutions, is expected to contribute to sustained growth.
- Geographic Expansion and Market Penetration: Diebold Nixdorf is actively pursuing geographic expansion and deeper market penetration. This includes strengthening its presence in the North American market, particularly with leading Quick Service Restaurant (QSR) brands, and making strategic investments in local manufacturing and sales teams. The company is also expanding into the APAC region with new ATM products and has re-entered the Indian market with local manufacturing.
AI Analysis | Feedback
Share Repurchases
- In February 2026, Diebold Nixdorf completed two share repurchase programs, repurchasing 2,307,275 shares for a total of US$150.57 million.
- The Board of Directors authorized a new share repurchase program of up to $200 million in November 2025.
- In fiscal year 2025, Diebold Nixdorf repurchased approximately $128 million of shares, which represented about 6% of the total shares outstanding and completed an initial $100 million program.
Outbound Investments
- Diebold Nixdorf's "Change in Acquisitions & Divestments" amounted to $306.0 million for fiscal year 2025.
- "Purchases of Investments" for Diebold Nixdorf in 2025 was USD -71.0 million.
- The company maintains a pipeline for potential tuck-in acquisitions, specifically targeting service opportunities that are immediately accretive and low multiple.
Capital Expenditures
- Diebold Nixdorf's capital expenditures were $55.0 million in 2021.
- Capital expenditures for 2022 amounted to $59.0 million.
- In 2023, the company reported capital expenditures of $49.0 million.
Latest Trefis Analyses
Trade Ideas
Select ideas related to DBD.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | LZ | LegalZoom.com | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.2% | 7.2% | -5.0% |
| 02132026 | ADP | Automatic Data Processing | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.1% | 1.1% | -3.0% |
| 02132026 | TREX | Trex | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.2% | -3.2% | -5.9% |
| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 44.91 |
| Mkt Cap | 9.1 |
| Rev LTM | 5,255 |
| Op Inc LTM | 393 |
| FCF LTM | 220 |
| FCF 3Y Avg | 209 |
| CFO LTM | 508 |
| CFO 3Y Avg | 385 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.4% |
| Rev Chg 3Y Avg | 1.9% |
| Rev Chg Q | 9.9% |
| QoQ Delta Rev Chg LTM | 2.6% |
| Op Mgn LTM | 8.9% |
| Op Mgn 3Y Avg | 9.2% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | 9.5% |
| CFO/Rev 3Y Avg | 8.2% |
| FCF/Rev LTM | 5.4% |
| FCF/Rev 3Y Avg | 4.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 9.1 |
| P/S | 1.5 |
| P/EBIT | 16.7 |
| P/E | 26.6 |
| P/CFO | 8.9 |
| Total Yield | 5.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.8% |
| D/E | 0.5 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -6.2% |
| 3M Rtn | -29.4% |
| 6M Rtn | -28.5% |
| 12M Rtn | -11.7% |
| 3Y Rtn | 55.3% |
| 1M Excs Rtn | 0.3% |
| 3M Excs Rtn | -21.2% |
| 6M Excs Rtn | -24.3% |
| 12M Excs Rtn | -28.1% |
| 3Y Excs Rtn | -2.0% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| Banking | 2,422 | 2,711 | ||
| Retail | 1,018 | 1,194 | 1,052 | 1,155 |
| Held for sale non-core European retail business | 20 | |||
| Americas Banking | 1,419 | 1,604 | ||
| Eurasia Banking | 1,431 | 1,650 | ||
| Total | 3,461 | 3,905 | 3,902 | 4,409 |
| $ Mil | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| Banking | 311 | 441 | ||
| Retail | 134 | 165 | 67 | 58 |
| Held for sale non-core European retail business | -29 | |||
| Refinancing related costs | -32 | |||
| Net non-routine income (expense) | -43 | -142 | -150 | |
| Amortization of fair value assets | -70 | |||
| Impairment of assets | -112 | -8 | -30 | |
| Restructuring and other saving initiative expenses | -124 | -182 | -115 | |
| Corporate charges not allocated to segments | -247 | -57 | -79 | |
| Americas Banking | 185 | 120 | ||
| Eurasia Banking | 160 | 169 | ||
| Total | -212 | 605 | 24 | -27 |
Price Behavior
Price Behavior
| Market Price | $75.01 | |
| Market Cap ($ Bil) | 2.7 | |
| First Trading Date | 08/14/2023 | |
| Distance from 52W High | -9.7% | |
| 50 Days | 200 Days | |
| DMA Price | $74.65 | $64.03 |
| DMA Trend | up | up |
| Distance from DMA | 0.5% | 17.2% |
| 3M | 1YR | |
| Volatility | 36.7% | 36.9% |
| Downside Capture | 0.37 | 0.68 |
| Upside Capture | 134.91 | 137.44 |
| Correlation (SPY) | 37.2% | 61.0% |
DBD Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.70 | 0.77 | 0.76 | 1.22 | 1.14 | 0.12 |
| Up Beta | 0.02 | 1.67 | 1.78 | 1.61 | 1.20 | 0.13 |
| Down Beta | -1.47 | 0.31 | 0.29 | 1.23 | 1.18 | 0.34 |
| Up Capture | 283% | 139% | 143% | 153% | 151% | 117% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 13 | 23 | 38 | 70 | 139 | 340 |
| Down Capture | 24% | 4% | 0% | 85% | 86% | 88% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 8 | 18 | 23 | 54 | 111 | 290 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DBD | |
|---|---|---|---|---|
| DBD | 69.7% | 37.1% | 1.50 | - |
| Sector ETF (XLI) | 20.5% | 19.2% | 0.84 | 59.1% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 60.9% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 3.9% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 21.4% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 42.8% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 35.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DBD | |
|---|---|---|---|---|
| DBD | 28.9% | 40.4% | 1.30 | - |
| Sector ETF (XLI) | 12.3% | 17.2% | 0.56 | 44.2% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 41.8% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 4.6% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 10.0% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 31.1% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 19.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DBD | |
|---|---|---|---|---|
| DBD | 13.5% | 40.4% | 1.30 | - |
| Sector ETF (XLI) | 13.0% | 19.8% | 0.58 | 44.2% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 41.8% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 4.6% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 10.0% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 31.1% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 19.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/12/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/25/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/30/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/11/2022 | 10-K |
| 09/30/2021 | 10/28/2021 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Millstreet, Capital Management Llc | See Footnote | Sell | 11072025 | 62.93 | 211,204 | 13,292,081 | 362,327,853 | Form | |
| 2 | Millstreet, Capital Management Llc | See Footnote | Sell | 11072025 | 64.52 | 40,522 | 2,614,548 | 368,849,396 | Form | |
| 3 | Millstreet, Capital Management Llc | See Footnote | Sell | 9222025 | 60.08 | 38,963 | 2,340,940 | 358,587,917 | Form | |
| 4 | Millstreet, Capital Management Llc | See Footnote | Sell | 9182025 | 60.11 | 20,000 | 1,202,250 | 361,117,488 | Form | |
| 5 | Baur, Frank Tobias | EVP of Operational Excellence | Direct | Buy | 5092025 | 46.12 | 700 | 32,284 | 1,778,941 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.