We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.298 | 1.84% | 16.524 | 17.00 | 16.53 | 16.524 | 16.22 | 16.22 | 10,816,361 | 16:40:00 |
From May 2019 to May 2024
By Maarten van Tartwijk
AMSTERDAM--ING Groep NV (ING) on Thursday reported a rise in fourth-quarter earnings thanks to a mixture of higher interest income and lower loan-loss provisions.
The Netherlands' largest bank by assets said its underlying profit, which excludes restructuring costs and divestments, rose 68% to 1.38 billion euros ($1.49 billion) in the last three months of 2016. Net interest income rose 5% to EUR3.3 billion, while loan-loss provisions declined 54% to EUR138 million.
Net profit fell 8% to EUR750 million on the year, however, as the bottom line was hit by a EUR787 million restructuring charge. ING said in October it would scrap 7,000 jobs in the next few years as it seeks to reduce costs and invest in expanding its digital operations.
-Write to Maarten van Tartwijk at maarten.vantartwijk@wsj.com
(END) Dow Jones Newswires
February 02, 2017 01:37 ET (06:37 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year ING Groep NV Chart |
1 Month ING Groep NV Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
