ING Group (NYSE:ING) Posts Earnings Results, Beats Estimates By $0.06 EPS

ING Group (NYSE:ING) released its quarterly earnings results on Thursday. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06, Zacks reports. ING Group had a net margin of 27.50% and a return on equity of 12.26%. The company had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $6.67 billion.

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 Stock Performance

NYSE ING traded down $0.47 during trading on Friday, reaching $29.40. The company’s stock had a trading volume of 3,235,498 shares, compared to its average volume of 2,034,106. ING Group has a twelve month low of $16.04 and a twelve month high of $30.10. The firm has a market cap of $85.55 billion, a price-to-earnings ratio of 12.30, a P/E/G ratio of 1.47 and a beta of 0.82. The business’s fifty day moving average price is $27.86 and its 200-day moving average price is $25.73. The company has a debt-to-equity ratio of 2.99, a quick ratio of 1.11 and a current ratio of 1.11.

ING Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be given a $0.8796 dividend. This represents a dividend yield of 589.0%. The ex-dividend date of this dividend is Friday, April 17th. ING Group’s dividend payout ratio (DPR) is 28.87%.

Key ING Group News

Here are the key news stories impacting ING Group this week:

• Positive Sentiment: Q4 EPS beat consensus (reported ~$0.57 vs. ~0.52 expected), driven by strong margins and profitability that exceeded analyst estimates — a key reason for investor confidence. ING Q4 2025 Earnings Call Transcript
• Positive Sentiment: ING reported a robust FY2025 net result of €6,327 million, citing continued growth in customer balances and fee income — supports confidence in recurring revenue and earnings power. ING FY2025 Net Result
• Positive Sentiment: ING declared a dividend of 0.8796 per share (record April 17, payable May 1), which supports shareholder returns and may attract income-focused investors.
• Positive Sentiment: Management guided for further growth this year and next, citing loan-volume expansion and rising fee & commission income as diversification away from pure rate-driven revenue — positive for medium-term revenue stability. WSJ: ING Guides for Further Growth
• Neutral Sentiment: Jefferies initiated coverage on ING, which can increase analyst attention and liquidity; impact depends on the issued rating/price target. Jefferies Initiates Coverage
• Neutral Sentiment: Company released its earnings slide deck and full call transcript — useful for investors doing deeper diligence on segment performance and guidance. Earnings Presentation
• Negative Sentiment: Revenue for the quarter missed consensus materially (reported ~$4.61B vs. ~$6.67B expected), which likely prompted investor concern about top-line momentum despite the EPS beat — a primary driver of the stock decline. MarketBeat: Q4 Results

Institutional Trading of ING Group

A number of institutional investors have recently added to or reduced their stakes in ING. Binnacle Investments Inc grew its position in ING Group by 57.0% in the third quarter. Binnacle Investments Inc now owns 1,088 shares of the financial services provider’s stock worth $28,000 after buying an additional 395 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of ING Group by 882.4% in the 3rd quarter. Larson Financial Group LLC now owns 4,863 shares of the financial services provider’s stock worth $127,000 after acquiring an additional 4,368 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in shares of ING Group by 27.2% during the third quarter. Brown Brothers Harriman & Co. now owns 5,001 shares of the financial services provider’s stock worth $130,000 after purchasing an additional 1,069 shares during the period. Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of ING Group during the second quarter valued at $201,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of ING Group by 5.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 9,429 shares of the financial services provider’s stock valued at $206,000 after purchasing an additional 476 shares during the period. Hedge funds and other institutional investors own 4.49% of the company’s stock.

Wall Street Analyst Weigh In

ING has been the topic of a number of research reports. Keefe, Bruyette & Woods downgraded ING Group from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, November 11th. Citigroup upgraded shares of ING Group to a “strong-buy” rating in a research report on Friday, November 21st. Jefferies Financial Group started coverage on shares of ING Group in a research report on Tuesday, January 27th. They set a “hold” rating on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of ING Group in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ING Group currently has a consensus rating of “Buy”.

About ING Group

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.