Grenke stock reports higher H1 earnings amid credit risk
Published on 10/03/2026 at 23:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Grenke stock (ISIN DE000A161N30) was last at EUR 10.46 on Xetra on October 2, 2026, after a 0.76 percent session decline. The latest half-year figures show stronger earnings and operating income, but a 2.0 percent loss rate keeps credit quality central to the investment case.
H1 earnings rise 24.4 percent
According to the Yahoo Finance transcript of the August 13, 2026 earnings call, Grenke reported group earnings of EUR 32.6 million for the first half of 2026, compared with EUR 26.2 million in the prior-year period. That represents a 24.4 percent increase and gives the stock a measurable earnings counterweight to its weak price performance.
The operating trend was also positive. H1 2026 operating income increased 11 percent to EUR 352.6 million, while the cost-income ratio improved to 51.6 percent from 56.4 percent, according to Yahoo Finance.
Credit risk offsets operating gains
Leasing new business rose 1.4 percent to EUR 1.6 billion in the first half of 2026, but the loss rate reached 2.0 percent, above the long-term average of 1.5 percent. The same Yahoo Finance transcript shows how higher risk provisions remain the main constraint on profitability.
Management confirmed 2026 group earnings guidance of EUR 74 million to EUR 86 million and expects the full-year loss rate to remain below 2 percent. New business is expected at the lower end of the EUR 3.4 billion to EUR 3.6 billion range, making credit normalization and leasing volume the key operating variables for the second half.
Next report arrives November 12
The grenke investor-relations calendar lists November 12, 2026, for the quarterly statement covering the third quarter and the first nine months. That date gives investors a defined checkpoint for the loss rate, new business and cost-income ratio after the first half's mixed operating picture.
Grenke stock stays under pressure
On Xetra, Grenke stock was last at EUR 10.46 on October 2, 2026, with the session change at minus 0.76 percent. The combination of higher earnings and elevated credit costs leaves the next report focused on whether operating improvement can continue to offset risk provisions.
Grenke stock snapshot
- Company: Grenke AG
- ISIN: DE000A161N30
- WKN: A161N3
- Ticker: GLJ
- Trading venue: Xetra
- Price (as of October 2, 2026): EUR 10.46, last at
- Sector / Industry: Financial Services / Financial - Credit Services
- Index membership: SDAX
- Next earnings date: November 12, 2026
