Risk factor
Critical default risk
Profitability factor
Strong growth
About
Ascory Bank AG operates as a credit institution in Germany. The company operates as a specialist bank for structured financing in the corporate client sector. It caters to financial technology companies including leasing and factoring institutions, energy transition, and leveraged finance sectors. The company provides call and fixed-term deposits for clients. The company was formerly known as Varengold Bank AG and changed its name to Ascory Bank AG in February 2026. Ascory Bank AG was founded in 1995 and is headquartered in Hamburg, Germany.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E. Editor's note: P/CR i