UmweltBank returns to pretax profit of EUR 2.2 million in H1 FY26; administrative expenses fall 13% to EUR 31.2 million

Reuters2026/07/29 05:01

By:Reuters

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UmweltBank swung to a pretax profit of EUR 2.2 million in H1 2026, as total revenue fell to EUR 33.4 million.
Administrative expenses dropped 13% to EUR 31.2 million, with other administrative costs down 34% on lower external consulting spend.
New lending climbed to about EUR 180 million, nearly EUR 150 million of which was booked in Q2, split roughly evenly between renewables and sustainable real estate.
Customer numbers rose 6% to about 195,000, while retail deposits slid to EUR 3.9 billion and giro accounts more than doubled to about 7,400.
The bank reiterated its 2026 targets for EUR 450 million in new loans and pretax profit at the low end of EUR 12.5 million-EUR 17.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UmweltBank AG published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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UmweltBank returns to pretax profit of EUR 2.2 million in H1 FY26; administrative expenses fall 13% to EUR 31.2 million

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