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Varengold Bank AG (DE:VG8)
:VG8
Germany Market

Varengold Bank AG (VG8) AI Stock Analysis

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Varengold Bank AG (VG8) vs. iShares MSCI Germany ETF (EWG)

Varengold Bank AG Business Overview & Revenue Model

Company DescriptionVarengold Bank AG provides various marketplace and transaction/commercial banking products and services in Germany, the United Kingdom, and Bulgaria. The company offers call and fixed term deposits; lending and fronting services; international payment transaction, trade and export finance, Lombard credits, and structured finance; and bank guarantees, as well as debt and equity capital market products. It serves private and commercial customers. The company was formerly known as Varengold Wertpapierhandelsbank AG and changed its name to Varengold Bank AG in 2013. Varengold Bank AG was founded in 1995 and is headquartered in Hamburg, Germany.
How the Company Makes Money

Varengold Bank AG Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Income StatementTotal Revenue
90.83M60.97M30.28M25.89M20.51K
Gross Profit
79.33M60.97M30.28M25.89M20.51K
EBIT
33.51M21.44K
EBITDA
5.81M4.25M2.33M2.28K
Net Income Common Stockholders
9.06M17.17M1.71M1.62M
Balance SheetCash, Cash Equivalents and Short-Term Investments
13.90M956.27K400.80K261.37K134.50K
Total Assets
1.42B1.47B995.19M707.33M530.93K
Total Debt
44.79M153.93M127.14M33.26M23.79M
Net Debt
152.97M126.74M33.00M23.65M
Total Liabilities
1.36B1.41B956.53M673.18M506.16K
Stockholders Equity
64.89M55.83M38.67M34.15M24.77K
Cash FlowFree Cash Flow
0.00227.29K192.17K228.13K135.82K
Operating Cash Flow
0.00227.29K192.17K228.13K135.82K
Investing Cash Flow
0.000.000.000.000.00
Financing Cash Flow
0.000.000.000.000.00

Varengold Bank AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
DEVG8
€28.12M
64
Neutral
$12.87B9.817.76%16985.65%12.28%-7.83%
DBDB
$54.83B11.536.68%2.58%
€33.17B11.929.28%2.31%
€748.36M9.642.52%
€1.39B93.929.19%
€1.31B38.240.69%4.68%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:VG8
Varengold Bank AG
2.80
-0.76
-21.35%
DB
Deutsche Bank AG
28.13
12.14
75.92%
GB:0RLW
Commerzbank
28.00
13.06
87.42%
GB:0R9K
Deutsche Pfandbriefbank
5.59
0.31
5.87%
GB:0JVS
HYPOPORT
208.50
-65.01
-23.77%
GB:0GJN
Wuestenrot & Wuerttembergische
13.88
1.07
8.35%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.