Investor relations

In 2024, the Argenta Group once again proved itself as a sound financial player, generating net profit of 327 million euros and a return on equity of 8.9%. The core capital ratio rose further to 28.7%, while the cost-incomeratio declined to 53.1%. Total funds under management climbed to over 64 billion euros, despite stiff competition in the Belgian market following the maturity of government bonds. In Belgium and the Netherlands, mortgage loans were issued with a combined total of over 5 billion euros, and the Company retained its market share.

In the first half of 2024 the Argenta Group realised a net profit of 160 million euros with a return on equity of 8.7%.

The Argenta Group performed well again in 2023, achieving a group profit of EUR 310 million, a ROE of 9.6%1, a CET1 of 22.4% and a cost-income ratio of 54%. The funds under management passed the EUR 60 billion barrier and EUR 4.2 billion in new mortgage loans were granted in Belgium and the Netherlands, despite the dip in market volumes due to the sharp rise in interest rates. This means that Argenta has held its position in the mortgage markets. Argenta increased its share in the Belgian deposits market from 8.5% to 9.2%.