Kruk cuts portfolio spending 44 percent. Kruk stock sits 32.10 percent below its 52-week high

Published on 10/15/2026 at 11:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kruk stock costs EUR 79.31 on October 15, 2026. Third-quarter recoveries fell 5.00 percent to PLN 960 million. Results are due October 27, 2026.

Debt portfolio plans and dates

Kruk invested PLN 347 million in debt portfolios on October 9, 2026.
Recoveries reached PLN 2.971 billion in the first nine months of 2026, up 2 percent year over year.
Kruk stock traded at EUR 79.31 at 11:33 a.m. CEST at Lang & Schwarz on October 15, 2026.

Kruk, PLKRK0000010, Illustration mit AI erstellt.

Kruk (ISIN PLKRK0000010) spent PLN 347 million on debt portfolios in the third quarter of 2026, down 44 percent from PLN 622 million a year earlier. The operational update dated October 9, 2026 also showed recoveries of PLN 960 million, down 5 percent year over year, according to KRUK.

Portfolio spending loses momentum

The spending decline was sharper than the change in recoveries. Kruk purchased portfolios with a nominal value of PLN 1.400 billion in the third quarter, compared with PLN 2.767 billion in the same period of 2025, a 49 percent decline, according to Bankier.

Management said 80 percent of third-quarter investment was outside Poland, while recoveries in Poland represented nearly 40 percent of the total. The company also said the fourth quarter normally brings the most transactions and that it plans to participate actively.

What does the 347 million PLN cut mean?

The nine-month figures show the trade-off clearly. Spending reached PLN 1.212 billion in the first nine months of 2026, down 15 percent from PLN 1.427 billion a year earlier, while recoveries rose 2 percent to PLN 2.971 billion from PLN 2.921 billion, according to Bankier. For investors, the key issue is whether lower purchases will reduce future recoveries or preserve returns by avoiding expensive portfolios.

Three milestones explain the shift

In January 2026, Kruk was moving toward PLN 500 per share, before later operating updates changed the market narrative, as StockWatch.pl reported. On August 26, 2026, KRUK reported first-half net profit of PLN 555 million. On October 9, 2026, it reported third-quarter spending of PLN 347 million and recoveries of PLN 960 million.

Two dates set the next test

KRUK has scheduled publication of its consolidated third-quarter 2026 report for October 27, 2026, followed by a results conference call on October 28, 2026, according to its investor-relations calendar.

Stock trades below its yearly high

Finance data put Kruk's primary Warsaw listing at PLN 346.30 on October 15, 2026, against a 52-week range of PLN 334.20 to PLN 510.00. That places the Warsaw price 32.10 percent below the high, while the euro quote gives German-market investors a separate trading reference.

Kruk stock was trading at EUR 79.31 at 11:33 a.m. CEST at Lang & Schwarz on October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Kruk stock.