ING Groep NV 2Q 2015 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for ING Groep NV (ING) second-quarter results, based on a poll of seven analysts conducted by Dow Jones Newswires (figures in million euros, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released August 5.

=== 
                                             EBT     Net 
                 Interest  Commission    Banking  attrib. 
2nd Quarter        result      income Underlying  profit 
AVERAGE             3,199         591      1,514   1,429 
Prev. Year          2,985         595      1,278   1,067 
+/- in %             +7.2        -0.7        +18     +34 
 
MEDIAN              3,210         592      1,528   1,421 
Maximum             3,276         598      1,555   1,485 
Minimum             3,107         583      1,450   1,358 
Amount                  6           3          5       5 
 
Citi                3,276          --      1,528   1,484 
Deutsche Bank       3,216         598      1,490   1,358 
J.P. Morgan         3,176          --      1,450   1,421 
Kepler Cheuvreux    3,217         592      1,549      -- 
Rabobank            3,203         583      1,555      -- 
RBC Capital Markets 3,107          --         --   1,485 
UBS                    --          --         --   1,396 
 
             Target price  Rating                DPS 2015 
AVERAGE             15.57  positive 5    AVERAGE     0.85 
Prev. Quarter       14.24  neutral  2    Prev. Year  0.12 
+/- in %             +9.3  negative 0    +/- in %    +607 
 
MEDIAN              16.30                MEDIAN      0.85 
Maximum             17.00                Maximum     1.00 
Minimum             12.90                Minimum     0.65 
Amount                  7                Amount         5 
 
Citi                17.00  Buy                       0.85 
Deutsche Bank       14.40  Hold                      0.95 
J.P. Morgan         15.50  Overweight                1.00 
Kepler Cheuvreux    12.90  Hold                        -- 
Rabobank            16.50  Buy                       0.79 
RBC Capital Markets 16.40  Outperform                0.65 
UBS                 16.30  Buy                         -- 
=== 

Year-earlier figures are as reported by the company.

DJG/mus 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires