ING Groep N.V. (NYSE:ING ) Q1 2025 Earnings Conference Call May 2, 2025 3:00 AM ET Company Participants Steven van Rijswijk - Chief Executive Officer Tanate Phutrakul - Chief Financial Officer Ljiljana Cortan - Chief Risk Officer Conference Call Participants Benoit Petrarque - Kepler Cheuvreux Giulia Miotto - Morgan Stanley Hari Sivakumaran - Keefe, Bruyette, & Woods, Inc. Farquhar Murray - Bernstein Autonomous LLP Tarik El Mejjad - Bank of America Benjamin Goy - Deutsche Bank AG Delphine Lee - JPMorgan Chase & Co. Matthew Clark - Mediobanca Kirishanthan Vijayarajah - HSBC Johan Ekblom - UBS Anke Reingen - RBC Capital Markets Namita Samtani - Barclays Bank Operator Good morning.
Does ING Groep (ING) have what it takes to be a top stock pick for momentum investors? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ING Groep (ING) have what it takes?
ING (ING) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
ING Groep met with Italy's Banca Popolare di Sondrio in recent weeks as it seeks to grow in Europe through takeovers, a person with knowledge of the matter said.
ING has become the first systemically important global bank to have its climate goals validated as being in line with efforts to limit global warming to 1.5 degrees Celsius, the body responsible for awarding the standard said on Wednesday.
If we exclude the volatile Other income category, ING Groep relies on net interest income for 79% of its revenues - a key concern during ECB monetary policy normalization. Lower NII and a normalizing cost of risk resulted in ING reporting a return on equity of 13% in 2024, below the exceptional 14.8% result in 2023. The bank's ROE is forecast at above 12% in 2025, impacted by higher costs and the ongoing effects of ECB rate cuts on NII.
Shares of ING Groep N.V. have been pretty soft since my last update, trailing the wider European financials space. Fourth quarter net income missed sell-side expectations, with lower Eurozone interest rates weighing on the bank's deposit margin. The core capital returns story remains in place here - with 2025 set to be another bumper year for dividends and buybacks.
ING Groep , the largest Dutch bank by assets, reported lower-than-expected fourth-quarter profit on Thursday, weighed by higher operating expenses and loan loss provisions.
Dutch lender ING Groep is considering buying rival banks in major European countries to boost its size, the Chief Executive told Reuters, potentially joining a wave of takeovers that are sweeping the region's financial sector.
Dutch lender ING Groep said on Tuesday it reached an agreement to sell its business in Russia to Global Development JSC, effectively ending all activities in the Russian market.
Exchange traded funds (ETFs) offer an easy ingress for investors to get gold exposure. With that, research firm ING is forecasting more inflows into gold-focused ETFs in 2025.