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ING GROEP ( (GB:0RIC) ) has provided an update.
In 2024, ING Group reported a net profit of €6.4 billion, reflecting strong commercial growth driven by an increase in mobile primary customers and a rise in core lending and deposits. The company’s strategic focus on sustainability has been evident through investments in green finance, contributing to a sustainable volume mobilised of €130 billion, as well as initiatives like sustainable mortgages and energy-efficient renovation loans. Despite geopolitical volatility and economic fragmentation, ING is confident in its strategy to deliver value to stakeholders by expanding its customer base and diversifying income streams.
More about ING GROEP
ING Group is a global financial institution operating primarily in the banking sector. It provides a range of financial services including retail and wholesale banking, with a focus on customer-centric innovations and sustainability initiatives. ING has a strong market presence in countries like the Netherlands, Germany, Spain, and Poland.
YTD Price Performance: 6.30%
Average Trading Volume: 3,507,034
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €49.85B
For an in-depth examination of 0RIC stock, go to TipRanks’ Stock Analysis page.
