ING Groep NV

INGA: XAMS (NLD)
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ING Earnings: Increased Shareholder Distributions but Cloudy 2025 Outlook

Narrow-moat ING booked a net profit of EUR 1.9 billion for the third quarter of 2024, 10% ahead of the company-compiled consensus estimate but 5% lower than what ING achieved a year earlier. Earnings per share, however, increased by 6% year on year, illustrating the benefits of ING's substantial prior share repurchases.

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