ING rises to three-week high on Q3 beat, distribution plans

ING Groep NV

30/10/2025 08:09

** Shares in ING INGA.AS rise over 2%, to its highest since early October, after the Netherlands largest bank by assets announced plans to distribute 1.6 billion euros ($1.87 billion) of returns to its shareholders just as its third-quarter results beat expectations

** The distribution will be divided into 1.1 billion euro share buyback, and 500 million euros of dividend payments

** "ING delivered a good set of results with commercial NII benefiting from volume growth and fees continued to beat. The increase in 2025 guidance is close to consensus but sets ING up well for 2026 and 2027", RBC Capital Markets analyst Anke Reingen writes in a note

** J.P. Morgan analysts call the results "reassuring" and point out favourable trends in fee income, which came 6% above the market consensus

** Up to the previous session's close, shares were up 38.4%​ YTD

($1 = 0.8575 euros)

(Reporting by Mateusz Rabiega)

((Mateusz.rabiega@thomsonreuters.com))