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-0.022 (-0.13%)
Last Updated: 14:29:54
Delayed by 15 minutes
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
  -0.022 -0.13% 16.544 16.542 16.546 16.594 16.48 16.50 2,458,765 14:29:54

Trending: ING Reports Market-Beating 1Q Earnings, Plans EUR1.5 Billion Share Buyback

11/05/2023 2:15pm

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1242 GMT - ING Groep is among the most mentioned companies across news items over the past seven hours, according to Factiva data, after the Dutch bank reported market beating first quarter earnings and announced a 1.5 billion-euro ($1.65 billion) share buyback. Net profit for the quarter was EUR1.59 billion compared with a company compiled consensus of EUR1.11 billion. Net interest income came in at EUR4.01 billion against a consensus of EUR3.93 billion. ING's temporary net interest income headwinds should relax when European Central Bank rates normalize, UBS said in a note following the earnings. Jefferies analyst Flora Bocahut and associate Theo Massing wrote that earnings were particularly strong and beat consensus on every line. Shares are up 3.1% at EUR11.41. Dow Jones & Co. owns Factiva. (


(END) Dow Jones Newswires

May 11, 2023 09:00 ET (13:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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