ING GROEP N.V. (ING) reported a decline in third-quarter profit for 2025, as higher operating expenses offset stable interest income and strong fee growth.
Profit before tax decreased 4% year-on-year to €2.560 billion, from €2.668 billion.
Gross result fell 3.9% to €2.886 billion.
Net result dropped 4.9% to €1.787 billion from €1.880 billion last year.
Net interest income was broadly stable, rising 0.4% to €3.705 billion. Net fee and commission income increased 15.5% to €1.165 billion. Investment income grew 26.9% to €66 million, while other income declined 17.1% to €962 million.
As a result, total income was largely flat at €5.898 billion, compared with €5.909 billion a year earlier.
Operating expenses rose 3.7% to €3.012 billion, while loan loss provisions decreased 3% to €326 million.
Additionally, the bank announced a €1.6 billion shareholder distribution, comprising a share buyback programme of up to €1.1 billion, and a €500 million cash payment scheduled for January 15, 2026. ING said the purpose of the distribution is to align its CET1 ratio closer to its target of nearly 13%.
For the full year, ING now expects total income of about €22.8 billion, slightly higher than its previous outlook of €22.6 billion, which was in line with 2024 levels.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.