pbb, DE0008019001

pbb stock gains 1.53 percent on October 2, 2026,

Published on 10/04/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

pbb stock returned to EUR 15 million in H1 2026 net profit after a EUR 242 million loss. The shares last traded at EUR 3.05 on October 2, 2026.

CGI-Render eines modernen Bankhochhauses mit Glasfassade im Abendlicht der Großstadt — Deutsche Pfandbriefbank DE0008019001 Hauptgebäude als modernes Glas Stahl Hochhaus Render bei Abenddämmerung, Illustration mit AI erstellt.

pbb stock (ISIN DE0008019001) last traded at EUR 3.05 on Xetra on October 2, 2026 at 5:36 p.m. CEST, up 1.53 percent from the previous close. The move followed a half-year picture in which the bank returned to profit while commercial real estate risks remained central to the investment case.

Profit returns in H1 2026

According to DR Web, pbb reported EUR 15 million of consolidated net profit in the first half of 2026, compared with a EUR 242 million loss in the first half of 2025. The same H1 comparison showed pretax profit of EUR 16 million after a EUR 249 million loss, while credit provisions moved to negative EUR 13 million from a EUR 323 million charge.

The operating recovery was not limited to provisions. New business volume rose 18 percent to EUR 3.1 billion in H1 2026, according to Investing.com. That comparison gives the stock a clearer earnings anchor, although the improvement still depends on the pace of risk reduction in the loan book.

Analysts see limited upside

The consensus published by Investing.com is Neutral from 4 analysts. The average 12-month price target is EUR 3.78, with a high estimate of EUR 5.50 and a low estimate of EUR 2.40; the average target lies 23.93 percent above the EUR 3.05 reference price.

Deutsche Bank retained a Hold rating and lowered its target from EUR 3.80 to EUR 3.70 on September 1, 2026, according to Investing.com. The cautious stance contrasts with the H1 profit recovery and reflects the remaining sensitivity to commercial property credit quality.

Stock remains below yearly high

At EUR 3.05 on October 2, 2026, pbb stock stood 41.57 percent below its 52-week high of EUR 5.22 and above its 52-week low of EUR 2.71. Market capitalization was EUR 410.7 million, with volume of 168,115 shares on the same Xetra snapshot.