Signet Bank publishes updated coverage on Eleving Group

Eleving Group announces that Signet Bank has released an updated equity research report following the publication of the Group’s Q1 2026 financial results

In its report, Signet Bank highlights Eleving Group’s continued execution against the growth targets communicated during the IPO process. According to the Signet Bank’ estimates, Eleving Group’s loan portfolio is expected to reach EUR 522.4 million by the end of 2026, with revenue of EUR 338.9 million and net profit before FX of EUR 53.3 million.

The analysts forecast the Group’s portfolio to continue growing at a 5-year CAGR of 9% through 2030, while revenue and net profit before FX are projected to increase at CAGRs of 17% and 14%, respectively. This growth is expected to be supported by the rising share of the Group’s higher-yield products, continued expansion in its strategic markets, and the normalization of foreign exchange impacts.

Signet Bank increased its target price for Eleving Group shares to EUR 2.12 per share, compared with the previous target price of EUR 1.88 per share. The analysts anticipate the Group to return to a 50% dividend payout ratio from 2027 onwards, which, based on their estimates, would imply dividend yields in the range of 15–18% during 2027–2030.

The full report is available here.

Disclaimer

The announcement is prepared for informational purposes only and does not constitute a recommendation to buy or sell shares. Investors are advised to make their own investment decisions based on individual circumstances or consult with financial advisors.