pbb, DE0008019001

Simply Wall St cuts fair value for Deutsche Pfandbriefbank stock

Published on 10/18/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fair value fell from EUR 2.50 to EUR 2.40 on October 8, 2026. Deutsche Pfandbriefbank stock reports results on November 12, 2026.

Recovery metrics and key dates

A model fair value moved from EUR 2.50 to EUR 2.40 on October 8, 2026.
First-half 2026 pre-tax profit reached EUR 16 million versus a EUR 249 million loss in the prior-year period.
Deutsche Pfandbriefbank stock closed at EUR 2.99 on October 16, 2026.

Redaktionelles Foto des Frankfurter Börsenhandelsraums mit Händlern an Xetra-Workstations — Deutsche Pfandbriefbank DE0008019001 Xetra Börsen Editorial mit Händlern und Immobiliensektorkursen auf Bildschirmen, Illustration mit AI erstellt.

Deutsche Pfandbriefbank (ISIN DE0008019001) had its model fair value cut from EUR 2.50 to EUR 2.40 in a narrative updated on October 8, 2026, as Simply Wall St reported. The valuation update keeps the recovery story tied to portfolio reduction, fee income and credit risks.

What does the fair value change mean?

The EUR 0.10 reduction reflects a more cautious view of Deutsche Pfandbriefbank's earnings recovery. The same Simply Wall St update cited a reduction in the real estate finance portfolio from EUR 29.0 billion to EUR 26.8 billion and 2026 pre-tax guidance of EUR 30 million to EUR 40 million.

The recovery has concrete milestones

In the first half of 2026, pbb generated EUR 16 million in pre-tax profit after a EUR 249 million loss in the first half of 2025, according to the Yahoo Finance transcript. First-half new business volume rose 18 percent to EUR 3.1 billion, while the U.S. non-performing loan portfolio fell more than 40 percent to EUR 500 million.

Three dates show the transition

On August 13, 2026, management reported EUR 16 million in first-half pre-tax profit, compared with a EUR 249 million loss a year earlier, according to Yahoo Finance. On September 1, 2026, Deutsche Bank maintained a Hold rating and reduced its target from EUR 3.80 to EUR 3.70, according to Investing.com. On October 8, 2026, the fair value update moved from EUR 2.50 to EUR 2.40.

When is the next company date?

Deutsche Pfandbriefbank is scheduled to publish its third-quarter 2026 report on November 12, 2026, according to the dated company calendar reproduced by Finanzen.net. The report should provide the next quantified test of risk provisioning, which stood at minus EUR 13 million in the first half of 2026 versus minus EUR 323 million in the prior-year period.

Stock awaits the next report

The last Xetra close was EUR 2.99 on October 16, 2026. The valuation debate now turns on whether improving profit and lower U.S. exposure can offset pressure from European office loans.

The further course of trading is shown by the continuously updated real-time quote of pbb stock.