Earnings ·
ING reports €1.85B Q3 net profit, up 3.5%, and announces €1.9 billion share distribution
INGVFING Groep NV
ING Groep N.V. reported a third-quarter 2026 net result of €1,850 million, representing a 3.5% increase year-on-year, with profit before tax rising 5.7% to €2,705 million. The bank achieved a return on tangible equity (ROTE) of 16.3% and maintained a CET1 ratio of 13.3%. Commercial momentum continued with mobile primary customer base growth of 259,000, net core lending growth of €11.0 billion, and fee income increasing 9.3% to €1,273 million. Operating expenses rose slightly by 1.1% quarter-on-quarter due to wage inflation but remained controlled. The company completed two significant risk-transfer transactions generating €3.0 billion in RWA relief. Following the completion of a previous buyback program announced in April 2026, ING announced an additional distribution of €1.9 billion to shareholders. ING is a global financial institution offering retail and wholesale banking services primarily in Europe.