Brief: ING Groep Q3 Gross Result €3.11 Bln
BRIEF-ING Groep Q3 Gross Result €3.11 Bln Oct 29 (Reuters) - ING Groep N.V. INGA.AS:
Q3 GROSS RESULT €3.11 BILLION (COMPANY CONSENSUS: €3.24 BILLION)
Q3 CET1 CAPITAL RATIO 13.3% (COMPANY CONSENSUS: 13.1%)
Q3 TOTAL OPERATING EXPENSES €3.12 BILLION (COMPANY CONSENSUS: €3.08 BILLION)
ANNOUNCE A FURTHER DISTRIBUTION OF €1.9 BILLION
Q3 NET RESULT €1,85 BILLION (COMPANY CONSENSUS: €1.97 BILLION)
Q3 TOTAL INCOME €6.23 BILLION (COMPANY CONSENSUS: €6.31 BILLION)
START OF A SHARE BUYBACK PROGRAMME UNDER WHICH WE PLAN TO REPURCHASE ORDINARY SHARES OF ING GROUP FOR A MAXIMUM TOTAL AMOUNT OF €1.65 BILLION
IN ADDITION, AN AMOUNT OF €250 MILLION WILL BE PAID OUT IN CASH TO SHAREHOLDERS ON 14 JANUARY 2027
COMPLETES TWO SRT TRANSACTIONS, GENERATES €3 BILLION RWA RELIEF IN 3Q2026
Q3 COMMERCIAL NII AT EUR 4.34 BILLION
Source text: ID:nGNECtXkY
Further company coverage: INGA.AS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com ; +48 58 769 66 00;;))
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