DB's exposure to Greece is minimal relative to the the banks size. Exposure fully disclosed in 10Q. The real story is the new CEO. Cryan apparently serious about getting things done, improving relations with regulators. Very much like Citi's CEO. It will take a couple of years to turn DB around but expect the stock to at least double in that time frame.
DB went ex dividend today. $.8331 which is .75 Euro @ FX rate. There is a 26.37% withholding tax so Germany takes its piece and you net $.6134. Anyway, DB was adjusted to reflect the $.8331 ex dividend at the open today.
DB broke down most recently at $36. Think current price is critical. Expect it to move to low $40s once business strategy and what they intend to do with retail banking side of the business is clarified. Longer term there is no reason barring another economic downturn and assuming normalized interest rates that DB can't move to the low $50s and pay a nice annual dividend.