ING Group Reports Q2 Net Result Per Share EUR 0.56, Up From EUR 0.54 Last Year.

ING Groep reported a Q2 net result per share of EUR 0.56, up from EUR 0.54 last year. The company's CET1 capital ratio increased to 13.3%. CEO Steven van Rijswijk stated that the company is well on track to reach its financial targets for 2027, despite heightened market volatility and macroeconomic uncertainty. ING's customer base has grown significantly, and its volumes have increased as it diversified its income streams, with fees now making up 20% of its total income.

ING Groep N.V. (ING) reported robust financial results for the second quarter of 2025, showcasing resilience in the face of market volatility and economic uncertainties. The company's net result for the quarter amounted to €1,675 million, an increase of 4.5% compared to the same period last year [1]. This performance was driven by significant growth in lending volumes and fee income, with the latter now making up 20% of the company's total income.

ING's CEO, Steven van Rijswijk, expressed confidence in the company's ability to meet its financial targets for 2027, despite the challenging macroeconomic environment. The company's CET1 capital ratio improved to 13.3%, indicating a strong capital base and regulatory compliance [1]. This is particularly notable given the heightened market volatility and economic uncertainties that have characterized the period.

ING Groep's customer base has expanded significantly, with a notable increase in mobile primary customers. The company's mortgage portfolio also experienced strong growth, contributing to the overall financial performance. Additionally, ING has been proactive in its sustainability efforts, with a substantial increase in sustainable finance mobilized and new initiatives to promote energy-efficient homes [1].

Analysts have provided mixed ratings for ING's stock. While the most recent analyst rating is a Hold with a $22.00 price target, Spark, TipRanks' AI Analyst, rates ING as an Outperform, citing the company's strong earnings call and bullish technical indicators [1]. Despite high leverage and cash flow challenges, the company's valuation remains attractive, supported by continued growth in mortgages and fee income.

References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/ING/pressreleases/33808844/ing-groep-reports-strong-q2-2025-results-amid-strategic-growth/