ING Group (NYSE:ING) Posts Quarterly Earnings Results, Beats Expectations By $0.10 EPS

ING Group (NYSE:ING) issued its quarterly earnings data on Thursday. The financial services provider reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.10, Zacks reports. The business had revenue of $4.61 billion during the quarter. ING Group had a net margin of 26.94% and a return on equity of 11.57%.

Here are the key takeaways from ING Group’s conference call:

• Strong commercial momentum — added 350,000+ mobile primary customers in Q4 and over 1 million for 2025, with net core lending up €20bn in Q4 and loans +8.3% year‑on‑year.
• Upgraded outlook — 2026 total income ~€24bn (ROE 14% / ROTE >14%) and a 2027 ambition of >€25bn total income, fees >€5bn, operating expenses around €13bn and ROE 15% / ROTE >15%.
• Strong capital generation and shareholder returns — 2025 net profit ~€6.3bn (added ~2pp to CET1), 50% payout policy, €3.6bn additional distributions, ongoing buyback (completing Apr 2026) and final dividend of €0.736/share (subject to AGM).
• Improving efficiency and disciplined costs — FTE/customer‑balances ratio improved >7% since 2023, 2026 operating cost guidance (ex‑incidentals) of €11.6–11.8bn, and ongoing GenAI/automation rollouts expected to sustain positive jaws.
• Credit and capital pressures remain — Q4 risk costs €365m (c.20bp) with net stage‑3 additions of €389m and a small rise in the stage‑3 ratio; CET1 fell Q/Q after a €1.6bn distribution while RWAs increased ~€4.5bn.

ING Group Price Performance

NYSE:ING traded up $0.17 during trading hours on Thursday, hitting $29.85. 2,575,545 shares of the stock traded hands, compared to its average volume of 2,141,113. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.99. ING Group has a 1 year low of $16.04 and a 1 year high of $30.10. The stock has a 50 day moving average price of $27.66 and a 200 day moving average price of $25.63. The company has a market cap of $86.86 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 1.48 and a beta of 0.82.

ING Group Announces Dividend

The firm also recently announced an annual dividend, which was paid on Friday, January 23rd. Shareholders of record on Thursday, January 8th were issued a dividend of $0.2009 per share. This represents a yield of 71.0%. The ex-dividend date of this dividend was Thursday, January 8th. ING Group’s dividend payout ratio is currently 31.08%.

Institutional Trading of ING Group

Large investors have recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in ING Group by 7.3% in the 2nd quarter. Bank of America Corp DE now owns 8,764,562 shares of the financial services provider’s stock worth $191,681,000 after buying an additional 593,424 shares in the last quarter. Northern Trust Corp grew its holdings in ING Group by 1.7% during the third quarter. Northern Trust Corp now owns 4,456,398 shares of the financial services provider’s stock valued at $116,223,000 after purchasing an additional 73,959 shares during the last quarter. Raymond James Financial Inc. grew its holdings in ING Group by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 983,608 shares of the financial services provider’s stock valued at $21,511,000 after buying an additional 27,545 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of ING Group by 10.8% during the 2nd quarter. Quantinno Capital Management LP now owns 974,637 shares of the financial services provider’s stock worth $21,315,000 after purchasing an additional 95,304 shares during the period. Finally, Sei Investments Co. raised its stake in shares of ING Group by 6.6% in the third quarter. Sei Investments Co. now owns 760,362 shares of the financial services provider’s stock valued at $19,830,000 after purchasing an additional 47,400 shares in the last quarter. 4.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ING has been the subject of several research reports. Citigroup raised shares of ING Group to a “strong-buy” rating in a research report on Friday, November 21st. Keefe, Bruyette & Woods downgraded shares of ING Group from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, November 11th. Jefferies Financial Group assumed coverage on shares of ING Group in a research note on Tuesday. They issued a “hold” rating for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of ING Group in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

ING Group Company Profile

ING Group N.V. is a Dutch multinational financial services company headquartered in Amsterdam. Formed through the consolidation of Dutch financial businesses, ING operates as a banking and financial services group that serves retail, small and medium-sized enterprises, large corporates and institutional clients. The company is organized under a two-tier governance model common in the Netherlands, with an Executive Board responsible for day-to-day management and a Supervisory Board providing oversight.

ING’s principal activities include retail and direct banking, commercial and wholesale banking, corporate lending, transaction services and cash management, and a range of investment and savings products.