Ascory Bank AG raises earnings forecast for financial year 2025

Hamburg, 05/02/2026 – Based on preliminary, unaudited business figures, the Management Board of Ascory Bank AG (formerly Varengold Bank AG) today significantly raised its earnings forecast for the financial year 2025. The bank expects earnings before taxes (EBT) of around EUR 2.0 million, significantly exceeding the previous forecast of around EUR 0.8 million. This positive development is mainly attributable to positive earnings contributions from all business areas.

The bank will publish the final, audited business figures for the financial year 2025 at a later date.
 

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This notification is a mandatory notification according to Art. 17 MAR. The assessments contained are subject to the following caveats.

Disclaimer on forward-looking statements / no duty to update

This communication contains forward-looking statements that are subject to certain risks and uncertainties. Future results may differ materially from those currently expected, namely due to various risk factors and uncertainties such as changes in the business, economic and competitive situation, fluctuations in exchange rates, uncertainties regarding legal disputes or investigations, and the availability of financial resources. The reader should therefore not over-rely on these statements, particularly in connection with contracts or investment decisions. Ascory Bank AG assumes no responsibility for updating the forward-looking statements contained in this communication.

Note
This announcement does not constitute an offer or invitation to subscribe for or purchase any securities of Ascory Bank AG in the United States of America, Germany or any other jurisdiction. This announcement does not constitute a recommendation regarding the placement of the securities described in this announcement.