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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ING Groep NV | EU:INGA | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.93 | -5.96% | 14.67 | 14.66 | 14.73 | 14.986 | 14.622 | 14.95 | 11,778,789 | 16:40:00 |
By Ian Walker
ING Groep NV (INGA.AE) on Wednesday reported a 35% rise in fourth-quarter net profit, and said it remains committed to the "Think Forward" targets it gave in October 2016.
The Dutch banking group made a net profit of 1.02 billion euros ($1.27 billion) compared with EUR750 million a year earlier. Net interest income rose to EUR3.51 billion from EUR3.34 billion a year earlier.
Amsterdam-listed ING Groep's fully-loaded common equity Tier 1 ratio, a measure of financial stability, stood at 14.7% at Dec. 31, compared with 14.2% at Dec. 31, 2016.
The board has declared a final dividend of 43 cents a share, up from 42 cents a year earlier, taking the total payout for the year to 67 cents from 66 cents.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
January 31, 2018 01:34 ET (06:34 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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