Ing Groep N.V. ( (ING) ) has released its Q2 earnings. Here is a breakdown of the information Ing Groep N.V. presented to its investors.
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ING Groep N.V. is a prominent financial institution operating in the banking sector, offering a wide range of services including retail and wholesale banking, and is known for its strong focus on digital banking solutions.
In its second quarter of 2025, ING reported a net result of €1,675 million, demonstrating robust growth in lending volumes and fee income. The company is progressing well with its ‘Growing the Difference’ strategy, marking significant achievements in customer base expansion and income diversification amidst challenging market conditions.
Key financial highlights include a profit before tax of €2,369 million and a CET1 ratio of 13.3%. The company saw a strong increase in mobile primary customers, reaching 14.9 million, and achieved a 12% year-on-year growth in fee income across both retail and wholesale banking. ING’s mortgage portfolio and business banking loans also showed substantial growth, contributing to a net core lending increase of €15.4 billion for the quarter.
Despite facing margin pressures and currency fluctuations, ING maintained stable total income, supported by higher customer balances and strategic income diversification. The company continues to focus on prudent expense management and efficiency improvements, while also advancing its sustainability initiatives, with a notable increase in sustainable finance mobilization.
Looking ahead, ING remains confident in its strategic direction and financial targets for 2027, despite ongoing macroeconomic challenges. The management’s outlook suggests continued focus on growth and value delivery, with an emphasis on supporting customers’ sustainability transitions and enhancing digital banking capabilities.