Montega sets UmweltBank price target at EUR 8, reiterates buy rating

Reuters2026/09/02 12:54

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Montega reiterated a buy rating on UmweltBank, setting a 12-month price target of EUR 8.
Report flagged accelerating operating turnaround, citing 1H new lending of about EUR 183 million versus EUR 120 million in FY25.
Management pipeline for 2H was put at EUR 270 million, with a further EUR 450 million of requests; full-year lending guidance seen at EUR 450 million.
Cost program cut administrative expenses 13% year over year in 1H; net interest income guidance of EUR 60-65 million reaffirmed.
EBT guidance of EUR 12.5-17.5 million maintained, with a stronger 2H margin expected as promotional deposit rates roll off.

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 via EQS News (Ref. ID: rc_26712) on September 02, 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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Montega sets UmweltBank price target at EUR 8, reiterates buy rating

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