Investor relations

Following the COVID-19 pandemic and its consequent risks for banks, S&P took some rating actions. S&P confirms the Argenta Spaarbank A-/A-2 rating, but changes the rating outlook to negative from stable.

In 2019 Argenta once again posted a strong financial performance, with attractive growth in all segments, a net profit of EUR 174.1 million, a return on equity of 6.5%, a cost/income ratio of 64.1% and excellent capital ratios and liquidity buffers despite the challenging low interest rate environment.

On Thursday 26 March 2020, Argenta Spaarbank will publish its full year results 2019. We kindly invite you to join the investor and analyst call at 10:00 (CET) on the next day Friday 27 March 2020.