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GRENKE AG (Grenke) is a global financial services provider primarily serving small and medium-sized enterprises (SMEs). The company's main activities include leasing, factoring, and banking services. Grenke offers traditional leasing solutions, factoring services for invoice management, and banking services, including business accounts and loans. It carries out small ticket IT leasing of products such as PCs, peripherals, monitors, security, networks, and other copying technology. Grenke also offers banking and factoring services. Grenke's services are utilized by a diverse range of industries, providing financial solutions to businesses looking to lease office equipment, manage cash flow, or secure funding for development. The company operates in Brazil, Chile, Jersey, Norway, Switzerland, the UAE, the UK, the US, Germany, Australia, Belgium, Canada, Singapore and Turkey. Grenke is headquartered in Baden-Baden, Germany.
Headquarters
Germany
Address
Neuer Markt 2, Baden-Baden, Baden-Wurttemberg, 76532
Website
www.grenke.com
Telephone
49 7221 50070
No of Employees
2,478
Industry
Financial Services
Ticker Symbol & Exchange
GLJ (ETR)
Revenue (2024)
$1.0B
16.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-8.1%
(2024 vs 2023)
Market Cap*
$620.9M
Net Profit Margin (2024)
XYZ
-21.1%
(2024 vs 2023)
* As of and is in US$
GRENKE AG premium industry data and analytics
Products and Services
| Services |
|---|
| Online Banking Services |
| Fixed Deposit Services |
| Factoring Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, the company entered into an agreement with Intesa Sanpaolo Spa for the formantion of Grenke Italia Spa. |
| 2025 | Divestiture | In April, the company sold its entire factoring division to Teylor, a fintech firm. |
| 2024 | Corporate Changes/Expansions | In September, the company opened its new location in Chicago, Illinois, the US. |
Competitor Comparison
| Key Parameters | GRENKE AG | Deutsche Bank AG | Commerzbank AG | Partners Group Holding AG | ALBIS Leasing AG |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Germany | Switzerland | Germany |
| City | Baden-Baden | Frankfurt Am Main | Frankfurt Am Main | Baar | Hamburg |
| State/Province | Baden-Wurttemberg | Baden-Wurttemberg | Baden-Wurttemberg | - | Baden-Wurttemberg |
| No. of Employees | 2,478 | 90,067 | 40,144 | 2,027 | 95 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sebastian Hirsch | Chief Executive Officer | Senior Management | 2023 | 45 |
| Martin Paal | Chief Financial Officer | Senior Management | 2023 | 47 |
| Isabel Tufet Bayona | Chief Operating Officer | Senior Management | 2025 | - |
| Isabel Rosler | Chief Risk Officer | Senior Management | 2021 | 51 |
| Gilles Christ | Chief Sales and Marketing Officer | Senior Management | - | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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