Largest 69 German Financial Companies in 2023

Ranking	Company	Market Cap (USD)	Stock	Country	Sector	Industry
1	Allianz SE	$91.36 B	ALV	Germany	Financials	Insurance—Diversified
2	Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München	$49.87 B	MUV2	Germany	Financials	Insurance—Reinsurance
3	Deutsche Börse AG	$32.32 B	DB1	Germany	Financials	Financial Data & Stock Exchanges
4	Hannover Rück SE	$24.66 B	HNRB	Germany	Financials	Insurance—Reinsurance
5	Deutsche Bank AG	$21.13 B	DBK	Germany	Financials	Banks—Regional
6	Commerzbank AG	$14.96 B	CBK	Germany	Financials	Banks—Regional
7	Talanx AG	$14.40 B	TLX	Germany	Financials	Insurance—Diversified
8	DWS Group GmbH & Co KGaA	$6.01 B	DWS	Germany	Financials	Asset Management
9	Tradegate AG Wertpapierhandelsbank	$2.90 B	T2G	Germany	Financials	Capital Markets

10	Aareal Bank AG	$2.18 B	ARL	Germany	Financials	Banks—Regional
11	Wuestenrot & Wuerttembergische AG	$1.57 B	WUW	Germany	Financials	Insurance—Life
12	GRENKE AG	$1.38 B	GLJ	Germany	Financials	Credit Services
13	Allianz Technology Trust plc	$1.31 B	ATT	Germany	Financials	Asset Management
14	Hypoport SE	$1.12 B	HYQ	Germany	Financials	Credit Services
15	Berliner Effektengesellschaft AG	$1.12 B	BFV	Germany	Financials	Capital Markets
16	flatex AG	$1.09 B	FTK	Germany	Financials	Capital Markets
17	Deutsche Pfandbriefbank AG	$1.02 B	PBB	Germany	Financials	Mortgage Finance
18	NUERNBERGER Beteiligungs AG	$892.8 M	NBG6	Germany	Financials	Insurance—Diversified
19	MLP SE	$663.3 M	MLP	Germany	Financials	Asset Management
20	Deutsche Beteiligungs AG	$626.4 M	DBAN	Germany	Financials	Asset Management
21	Mutares SE & Co KGaA	$531.4 M	MUX	Germany	Financials	Asset Management
22	AURELIUS Equity Opportunities SE & Co KGaA	$519.9 M (June 1, 2023)	AR4	Germany	Financials	Asset Management
23	ProCredit Holding AG & Co KGaA	$459.0 M	PCZ	Germany	Financials	Banks—Regional
24	BAVARIA Industries Group AG	$437.7 M	B8A	Germany	Financials	Asset Management
25	Tio Tech A	$436.9 M (April 1, 2023)	3GK	Germany	Financials	Shell Companies
26	UmweltBank AG	$436.0 M	UBK	Germany	Financials	Banks—Regional
27	OVB Holding AG	$354.6 M	O4B	Germany	Financials	Capital Markets
28	Euwax AG	$306.4 M	EUX	Germany	Financials	Financial Data & Stock Exchanges
29	OEKOWORLD AG	$300.9 M	VVV3	Germany	Financials	Insurance Brokers
30	Brockhaus Capital Management AG	$277.2 M	BKHT	Germany	Financials	Asset Management
31	Lang & Schwarz AG	$261.4 M (Feb. 1, 2022)	LUS	Germany	Financials	Capital Markets
32	Deutsche Balaton AG	$186.2 M	BBHK	Germany	Financials	Capital Markets
33	Quirin Privatbank AG	$183.1 M	QB7	Germany	Financials	Banks—Regional
34	KAP AG	$167.9 M	IUR	Germany	Financials	Asset Management
35	RheinLand Holding AG	$164.3 M	RLV	Germany	Financials	Insurance—Diversified
36	The New Germany Fund, Inc.	$158.6 M	GF	Germany	Financials	Asset Management
37	Lloyd Fonds AG	$146.8 M (March 1, 2023)	L1OA	Germany	Financials	Asset Management
38	Wallstreet:Online AG	$140.5 M (Nov. 1, 2022)	WSO1	Germany	Financials	Capital Markets
39	Merkur Privatbank KGaA	$128.3 M	MBK	Germany	Financials	Banks—Regional
40	Bitcoin Group SE	$125.5 M	ADE	Germany	Financials	Asset Management
41	MPC Muenchmeyer Petersen Capital AG	$123.9 M	MPCK	Germany	Financials	Asset Management
42	DFV Deutsche Familienversicherung AG	$120.1 M	DFV	Germany	Financials	Insurance—Diversified
43	Blue Cap AG	$111.3 M	B7E	Germany	Financials	Asset Management
44	SPARTA AG	$109.0 M	SPT6	Germany	Financials	Asset Management
45	Netfonds AG	$100.2 M	NF4	Germany	Financials	Capital Markets
46	Scherzer & Co AG	$86.3 M	PZS	Germany	Financials	Asset Management
47	Naga Group AG-The	$86.1 M	N4G	Germany	Financials	Capital Markets
48	Shareholder Value Beteiligungen AG	$83.4 M	SVE	Germany	Financials	Asset Management
49	sino AG	$69.4 M	XTP	Germany	Financials	Capital Markets
50	aifinyo AG	$64.5 M	EBE	Germany	Financials	Asset Management