0A2K.L - ING Groep N.V.
| Previous close | 9.20 |
| Open | 9.38 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 9.35 - 9.38 |
| 52-week range | 9.35 - 9.38 |
| Volume | |
| Avg. volume | N/A |
| Market cap | N/A |
| Beta (5Y monthly) | 1.73 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
Globe NewswireProgress on share buyback programme
Progress on share buyback programme ING announced today that, in line with the launch of our €1.5 billion share buyback programme announced on 11 May 2023, we repurchased 1,687,860 shares during the week of 22 May 2023 up to and including 26 May 2023. The shares were repurchased at an average price of €12.04 for a total amount of €20,328,322.53. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/
BloombergOil Rallies as Saudi Minister Warns Short Sellers of Pain Ahead
(Bloomberg) -- Oil rose to near $73 as traders evaluated a warning from Saudi Energy Minister Prince Abdulaziz bin Salman to short-sellers, offsetting a lack of tangible progress in US debt-limit talks.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutLuxury Stocks Lose $30 Billion in One Day on Demand FearsXi Upends the Secretive World of $10,000-an-Hour China ExpertsChina’s New Covid Wave Set to See 65 Mi
BloombergOil Edges Up to $71 With Debt-Ceiling Talks Restraining Rebound
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- Globe Newswire
ING announces share buyback programme of up to €1.5 billion
ING announces share buyback programme of up to €1.5 billion ING announced today a share buyback programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of €1.5 billion. The purpose of the share buyback programme is to reduce the share capital of ING. It is a next step in converging our CET1 ratio towards our target of around 12.5% by 2025, as announced during our Investor Update in June 2022. ING Group’s CET1 ratio was 14.8% at the end of the fi
- Globe Newswire
ING posts 1Q2023 net result of €1,591 million with strong income growth and modest risk costs
ING posts 1Q2023 net result of €1,591 million with strong income growth and modest risk costs Profit before tax increases strongly to €2,344 million in 1Q2023; CET1 ratio strengthens to 14.8% • Significant income growth, with rising interest rates having a positive impact on liability margins • Modest risk costs, reflecting strong asset quality • Growth of 106,000 in primary customers and increase in net core deposits of €1.3 billion • Additional distribution to shareholders of €1.5 billion CEO
BloombergOil Slips as US Crude Stock Build Offsets Nascent Demand Uptick
(Bloomberg) -- Oil fell for the first time this week after US government data showed a build in crude inventories. Most Read from BloombergTucker Carlson’s Twitter Move Wipes $235 Million From RumbleSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapWest Texas Intermediate settled under $73 Wedne
- Globe Newswire
Results of ING’s 2023 Annual General Meeting
Results of ING’s 2023 Annual General Meeting The Annual General Meeting (AGM) of ING Groep N.V. was held today in Amsterdam. The AGM adopted all agenda items, including the annual accounts for 2022, discharge of the members of the Executive Board and the Supervisory Board and the dividend for 2022. Alexandra Reich was appointed as member of the Supervisory Board as per the end of the AGM. Karl Guha was appointed effective 1 July 2023. It is the intention of the Supervisory Board to elect him as
- Globe Newswire
Change of venue for 2023 Annual General Meeting
Change of venue for 2023 Annual General Meeting ING announced today that it has decided to change the venue for the 2023 Annual General Meeting in order to accommodate the high number of shareholders that have registered to attend in a safe and orderly manner. The meeting will now take place in the Muziekgebouw aan ’t IJ, Piet Heinkade 1 in Amsterdam, the Netherlands. As announced before, the meeting will be held on Monday 24 April 2023 at 14:00 CEST. Full details of all agenda items as publishe
- Globe Newswire
ING to file 2022 Annual Report on Form 20-F
ING to file 2022 Annual Report on Form 20-F ING will today file its Annual Report on Form 20-F for the year ended 31 December 2022 with the United States Securities and Exchange Commission (SEC). The 2022 Form 20-F will be available on the ING website and can be downloaded from the SEC website (sec.gov) later today. Shareholders or holders of ADRs can also request a hard copy of ING’s audited financial statements, free of charge, at www.ing.com/Investor-relations/Financial-performance/Annual-rep
- Globe Newswire
ING to nominate Alexandra Reich as member of the Supervisory Board, releases proxy materials for 2023 AGM
ING to nominate Alexandra Reich as member of the Supervisory Board, releases proxy materials for 2023 AGM ING will propose to the Annual General Meeting (AGM) on Monday 24 April 2023 to appoint Alexandra Reich to the Supervisory Board. Upon decision by the AGM, the appointment of Alexandra Reich will be effective as of the end of the AGM. The proposed appointment is part of the agenda for the 2023 AGM as published today and has been approved by the European Central Bank. Alexandra Reich (Austria
- Globe Newswire
ING publishes 2022 Annual Report
ING publishes 2022 Annual Report ING today published its 2022 Annual Report. Under the theme “making the difference for people and planet” we give stakeholders an insight into our strategy, business activities and performance over the past year. Our activities are presented in the context of our strategic priorities: providing a superior customer experience and putting sustainability at the heart of what we do. On Sustainability, the report includes enhanced disclosures around our climate ambiti
- Globe Newswire
ING completes share repurchase for employee compensation
ING completes share repurchase for employee compensation ING Group announced today that it has completed the share repurchase for employee compensation which started on 1 March 2023. The total number of shares repurchased under the programme is 3,155,748 ordinary shares at an average price of €13.18 for a total consideration of €41,604,305.25. The purpose of the share repurchase is to meet obligations under the share-based compensation plans. For detailed information on the daily repurchased sha
- Globe Newswire
ING to nominate Karl Guha as Supervisory Board chairman
ING to nominate Karl Guha as Supervisory Board chairman ING announced today that it will propose to appoint Karl Guha to the Supervisory Board at the Annual General Meeting to be held on 24 April 2023. Upon decision by the AGM, the appointment will be effective as of the end of the AGM. It is the intention of the Supervisory Board to elect Karl Guha as its chairman effective 1 July 2023. He will then succeed Hans Wijers, who will retire from the Supervisory Board as of that date, as was announce
- Globe Newswire
ING to repurchase shares for employee compensation
ING to repurchase shares for employee compensation ING announced today the start of a share repurchase programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of €50 million. The purpose of the share repurchase programme is to meet obligations under the share-based compensation plans. ING Group’s CET1 ratio was 14.5% at the end of the fourth quarter of 2022, which is well above the prevailing CET1 ratio requirement of 10.58%. After fulfilling de
- Globe Newswire
Hans Wijers to retire as ING Supervisory Board chairman
Hans Wijers to retire as ING Supervisory Board chairman ING announced today that Hans Wijers has expressed the intention for personal reasons to hand over his duties as chairman and retire from the ING Group Supervisory Board in the second half of 2023. Hans Wijers was appointed to the Supervisory Board in 2017 and became its chairman in 2018. In 2021 he was reappointed for a second term. Hans Wijers said: “It has been an honour to serve as a member and chairman of the Supervisory Board of this
- Globe Newswire
ING posts FY2022 net result of €3,674 million, proposed final 2022 dividend of €0.389 per share
ING posts FY2022 net result of €3,674 million,proposed final 2022 dividend of €0.389 per share 4Q2022 profit before tax of €1,711 million; CET1 ratio remains strong at 14.5% • Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income • Higher net interest income, as a further increase in liability margins helped offset TLTRO impact this quarter • Risk costs declined to 17 bps of average customer lending Full-year 2022 net result of €3,674 million, supported by growing
- Globe Newswire
ING completes share buyback programme; remaining €297 million cash to be paid to shareholders in January
ING completes share buyback programme; remaining €297 million cash to be paid to shareholders in January ING announced today that it has completed the share buyback programme which started on 3 November 2022. The total number of shares repurchased under the programme is 107,032,745 ordinary shares at an average price of €11.25 for a total consideration of €1,203,635,570.77. During the last week of the programme from 26 December 2022 up to and including 28 December 2022, ING has repurchased 43 sh
- Globe Newswire
ING Group 2022 SREP process completed
ING Group 2022 SREP process completed ING Group has been notified of the European Central Bank (ECB) decision on the 2022 Supervisory Review and Evaluation Process (SREP), based on which it has taken a decision on ING’s prudential requirements, including capital requirements for 2023. ING Group’s fully loaded CET1 requirement is 10.96%, reflecting a countercyclical capital buffer of 47bps (fully loaded per Q3 2023). The current countercyclical capital buffer for ING Group is 4bps. In terms of Pi
- Globe Newswire
ING announces changes to Management Board Banking
ING announces changes to Management Board Banking ING today announced some changes to the Management Board Banking. In line with our strategic priorities and in order to further simplify our management structure, we will combine the roles of head of Retail Banking, Challengers & Growth Markets and Market Leaders. Pinar Abay, currently head of Market Leaders, will be appointed to the role effective 15 May 2023 (subject to regulatory approval). She will continue to be responsible for our businesse
- Globe Newswire
ING reports outcome of 2022 EU-wide Transparency Exercise
ING reports outcome of 2022 EU-wide Transparency Exercise ING Groep N.V. notes the announcements made today by the European Banking Authority and the European Central Bank (ECB) regarding the information of the 2022 EU-wide Transparency Exercise and fulfilment of the EBA Board of Supervisors’ decision. The EBA Board of Supervisors approved the package for the EU‐wide Transparency Exercise, which since 2016 is performed on an annual basis and published along with the Risk Assessment Report (RAR).
- Globe Newswire
ING announces change in Supervisory Board
ING announces change in Supervisory Board ING announced today that Mariana Gheorghe has decided not to be available for reappointment to the Supervisory Board at the next General Meeting of Shareholders, in 2023. Mariana Gheorghe was appointed a member of the Supervisory Board at the General Meeting in May 2015 and was reappointed for a second term of four years in 2019. Mariana Gheorghe is a member of the Nomination and Corporate Governance Committee, the Remuneration Committee, Risk Committee
- Globe Newswire
ING posts 3Q2022 net result of €979 million and announces additional distribution to shareholders
ING posts 3Q2022 net result of €979 million and announces additional distribution to shareholders 3Q2022 profit before tax of €1,380 million; CET1 ratio remains strong at 14.7% • Net customer deposits growth of €10.5 billion and net core lending growth of €4.7 billion • In net interest income, higher liability margins helped to offset the impact of the Polish mortgage moratorium • Risk costs normalised reflecting the macroeconomic environment • Additional distribution to shareholders of €1.5 bil
- Globe Newswire
ING makes climate progress, calls for collaborative effort
ING makes climate progress, calls for collaborative effort ING today published its annual Climate Report, giving an overview of the progress we are making in climate action. The report provides details on our integrated approach to climate action and outlines how our financing impacts climate change; including steering our loan book towards global net-zero 1.5 degree climate goals, providing green financing and advice to clients and reaching net zero in our own operations. It also addresses how
BloombergChina Shocks With Rate Cut as Data Show ‘Alarming’ Slowdown
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China’s economic slowdown deepened in July due to a worsening property slump and continued coronavirus lockdowns, with an unexpected cut in interest rates unlikely to turn things around while those twin drags remain.Retail sales, industrial output and investment all slowed and missed economists estimates in July. The surveyed jobless rate for those aged 16-24 climbed to 19.9%, a record
- Globe Newswire
ING posts 2Q2022 net result of €1,178 million, supported by increased income and modest risk costs
ING posts 2Q2022 net result of €1,178 million, supported by increased income and modest risk costs 2Q2022 profit before tax of €1,743 million; capital position remains strong with a 14.7% CET1 ratio • Higher net interest income, supported by an increase in liability margins • Increases in both customer lending and customer deposits highlight the strength of our universal banking model • Risk costs in the quarter were modest as book quality remains strong • Hyperinflationary conditions in Turkey
