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UmweltBank AG (DE:UBK)
XETRA:UBK
Germany Market
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UmweltBank AG (UBK) AI Stock Analysis

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DE:UBK

UmweltBank AG

(XETRA:UBK)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
€4.00
▲(3.09% Upside)
Action:Reiterated
Date:07/30/26
The score is held back primarily by weaker financial quality—high leverage and sustained negative operating/free cash flow in recent years—despite a strong 2025 revenue rebound and improved net profitability. Technically, the stock shows a positive trend by trading above key moving averages, but valuation support is limited due to a negative P/E and only a modest dividend yield.
Positive Factors
Sustainability-focused niche banking
UmweltBank's focused business model of originating and managing loans for environmentally sustainable projects creates durable differentiation. Niche specialization attracts mission-aligned borrowers and depositors, supports product expertise and credit underwriting tailored to green assets, and can sustain stable loan demand and reputational capital over the medium term.
Negative Factors
Very high leverage
Persistently elevated debt-to-equity (6.4x–11.9x) materially limits financial flexibility and raises vulnerability to interest-rate and credit shocks. High leverage increases refinancing and liquidity risk, constrains strategic options, and magnifies earnings volatility, all of which are durable constraints on stability and growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustainability-focused niche banking
UmweltBank's focused business model of originating and managing loans for environmentally sustainable projects creates durable differentiation. Niche specialization attracts mission-aligned borrowers and depositors, supports product expertise and credit underwriting tailored to green assets, and can sustain stable loan demand and reputational capital over the medium term.
Read all positive factors

UmweltBank AG (UBK) vs. iShares MSCI Germany ETF (EWG)

UmweltBank AG Business Overview & Revenue Model

Company Description
Operating as a financial institution in Germany, UmweltBank AG delivers a diverse array of banking and financial services. Its offerings include various deposit solutions, structured savings plans, environmentally-focused bonds, and specialized ec...
How the Company Makes Money
UmweltBank AG primarily makes money through traditional banking income tied to its sustainability-focused lending business. Key revenue streams typically include: (1) Net interest income: earning interest on loans and project financing (e.g., fina...

UmweltBank AG Financial Statement Overview

Summary
Revenue rebounded sharply in 2025 and net margin improved (~9.5%), but operating profitability has been inconsistent with negative operating margins in 2023–2025. Balance-sheet leverage is persistently high (debt-to-equity ~6.4x to ~11.9x), and recent cash generation is the biggest risk with negative operating and free cash flow in 2023–2025.
Income Statement
58
Neutral
Balance Sheet
41
Neutral
Cash Flow
22
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue149.52M111.81M107.28M106.53M81.42M
Gross Profit73.43M31.09M47.39M90.92M73.76M
EBITDA-533.73K-7.75M-4.94M28.92M33.01M
Net Income14.26M734.38K729.00K19.55M19.38M
Balance Sheet
Total Assets6.81B6.19B5.69B5.98B5.93B
Cash, Cash Equivalents and Short-Term Investments39.13M46.52M116.38M332.81M814.23M
Total Debt1.83B1.90B2.36B2.38B2.53B
Total Liabilities6.52B5.94B5.44B5.72B5.68B
Stockholders Equity284.87M249.93M249.15M256.50M245.12M
Cash Flow
Free Cash Flow-384.13M-2.31B-199.98M1.42M1.86M
Operating Cash Flow-311.66M-2.27B-155.45M1.42M1.86M
Investing Cash Flow-421.56M1.24B273.88M0.000.00
Financing Cash Flow733.52M957.94M0.000.000.00

UmweltBank AG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.88
Price Trends
50DMA
3.71
Positive
100DMA
3.76
Positive
200DMA
3.73
Positive
Market Momentum
MACD
0.05
Negative
RSI
53.66
Neutral
STOCH
34.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:UBK, the sentiment is Positive. The current price of 3.88 is above the 20-day moving average (MA) of 3.79, above the 50-day MA of 3.71, and above the 200-day MA of 3.73, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 53.66 is Neutral, neither overbought nor oversold. The STOCH value of 34.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:UBK.

UmweltBank AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
65
Neutral
€42.47B17.698.19%2.99%-4.17%-0.03%
62
Neutral
€483.56M6.047.52%5.72%3.97%-16.74%
49
Neutral
€161.45M-89.861.16%1.32%
43
Neutral
€459.64M-1.49-10.36%4.30%-25.75%-496.17%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:UBK
UmweltBank AG
3.85
-0.92
-19.27%
DE:CBK
Commerzbank
39.00
5.54
16.56%
DE:PBB
Deutsche Pfandbriefbank
3.44
-2.00
-36.79%
DE:PCZ
ProCredit Holding AG
8.21
-0.59
-6.75%
DE:QB7
Quirin Privatbank AG
3.20
-0.32
-9.17%
DE:MBK
MERKUR PRIVATBANK KGaA
13.20
-4.60
-25.84%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 30, 2026