Grenke stock falls 3.10 percent on September 24, 2026

Grenke stock (ISIN reference omitted) fell 3.10 percent to EUR 10.62 on Xetra in trading on September 24, 2026. The move came after a half-year report that combined higher earnings with a 2.0 percent loss rate and unchanged full-year guidance.

Profit growth meets higher risk

According to StockSentinel.ai, Grenke reported H1 2026 group net earnings of EUR 32.6 million on August 13, 2026, up 24.8 percent from EUR 26.2 million in H1 2025.

Operating income rose 11.0 percent year over year to EUR 352.6 million, while the pre-risk operating result increased 23.2 percent to EUR 170.7 million. The comparison shows that operating leverage improved faster than the top-line leasing business.

The risk picture moved in the opposite direction. The loss rate rose from 1.7 percent in H1 2025 to 2.0 percent in H1 2026, and risk provisions increased from EUR 95.0 million to EUR 119.0 million, according to StockSentinel.ai.

Guidance holds at EUR 74 million

Management reaffirmed full-year 2026 earnings guidance of EUR 74 million to EUR 86 million. Leasing new business reached EUR 1,644.9 million in H1 2026, a 1.4 percent increase from EUR 1,622.0 million in the prior-year period.

The efficiency measure also improved materially. Grenke's cost-income ratio declined from 56.4 percent in H1 2025 to 51.6 percent in H1 2026, while the company expects the full-year ratio to remain below 55 percent. The central investment question is therefore the balance between operating efficiency and credit costs.

Grenke stock trades near yearly low

Grenke stock stood at EUR 10.62 on Xetra on September 24, 2026, down EUR 0.34 from the previous close of EUR 10.96. The session price was EUR 0.04 above the 52-week low of EUR 10.58 and EUR 6.64 below the 52-week high of EUR 17.26. Market capitalization was EUR 469,169,064 as of the same quote.