Grenke stock trades near its 52-week low amid credit risks

Published on 10/08/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grenke stock was at EUR 9.78 on October 8, 2026, just EUR 0.05 above its yearly low. H1 earnings rose to EUR 32.6 million, while credit costs stayed elevated.

GRENKE AG Bauhaus-Poster – Navy, Rot und Gelb mit LEASING und FINANZDIENSTLEISTUNGEN Schrift — GRENKE AG DE000A161N30 Bauhaus Poster geometrische Formen mit Text LEASING und FINANZDIENSTLEISTUNGEN in Primärfarben, Illustration mit AI erstellt.

Grenke stock (ISIN DE000A161N30) was trading at EUR 9.78 on Xetra on October 8, 2026, at 9:05 a.m. CEST. The price stood EUR 0.05 above its 52-week low of EUR 9.73, while the market capitalization was EUR 432.1 million and volume reached 10,242 shares. The immediate investor question is whether improving earnings can offset elevated credit risks.

Credit costs remain the key risk

wallstreetONLINE reported on October 7, 2026, that Grenke had entered October after a weaker September and that rising insolvencies and default risks were part of the market discussion. The article also identified Grenke as a specialist financier for small and medium-sized businesses, with leasing, factoring and banking services.

The stock's 52-week high is EUR 17.08, placing the October 8 price EUR 7.30 below that level. This 42.74 percent gap gives the earnings trend a demanding valuation context, because the market has not yet priced a return to the prior yearly high.

H1 earnings improved by EUR 6.4 million

Grenke's investor-relations page reported that first-half 2026 group earnings rose to EUR 32.6 million from EUR 26.2 million in the same period of 2025, an increase of EUR 6.4 million. Leasing new business reached EUR 1,644.9 million, compared with EUR 1,622.0 million a year earlier, while the cost-income ratio improved to 51.6 percent from 56.4 percent.

Quartr said the first-half loss rate reached 2.0 percent, above the historical average of 1.5 percent. Grenke confirmed 2026 earnings guidance of EUR 74 million to EUR 86 million, so credit quality remains the main test for the full-year range.

Analyst target stays above the market

finanzen.at reported on September 25, 2026, that Berenberg kept its Buy rating and EUR 23.00 price target for Grenke. Against the EUR 9.78 market price, that target lies 135.17 percent above the share price, but the gap reflects an analyst view rather than a realized return.

Stock stays near the yearly low

Grenke stock was last at EUR 9.78 on Xetra on October 8, 2026, with a daily change of minus 0.31 percent. The next scheduled company date is November 12, 2026, when Grenke plans to publish its quarterly statement for the third quarter and the first nine months of 2026.