Elana Agrocredit‘s Q3’26 profit fell 9.6% YoY on higher interest expense (NEGATIVE)

28.10.2026 Source: Elana Agrocredit; FFBH

Elana Agrocredit Q3’26 financial statement revealed a 9.1% YtD decrease in lease receivables to EUR 30.8m, while loan receivables declined 1.1% YtD to EUR 11.9m. Interest income for the quarter was up 3.6% YoY to EUR 1.0m, while fees, commissions and other revenue brought EUR 482k of revenue (+423.7% YoY). Management fees amounted to EUR 73k (-0.9% YoY), while personnel expenses came at EUR 26k (+18.3% YoY). Financial expenses jumped 25.4% YoY to EUR 423k as Euribor rates, used as benchmark in the company’s debt, climbed. Net profit for the quarter came at EUR 495k (-9.6% YoY), which translates into EPS of EUR 0.011. For 9m’26, the company recorded 3.4% YoY higher interest income (EUR 3.0m), while fees, commissions and other revenue brought EUR 648k of revenue (-50.0% YoY). Financial expenses amounted to EUR 1.15m (+11.2% YoY). Net income for the Jan-Sept’26 came at EUR 1.5m (-2.0% YoY), which translates into EPS of EUR 0.032.