ING: quarterly profit up on new customers.
(CercleFinance.com) - ING, the largest Dutch financial group, on Thursday reported a 3% rise in third-quarter net profit as it won new customers.
This morning the bank reported underlying net income of 1.38 billion euros, up from 1.34 billion euros a year ago, with total underlying income up 1% at 4.4 billion euros.
ING said its global customer base grew by 400,000 to 36.9 million.
The group - which believes it is on the right path in transforming itself into the "bank of the future" - also said that its fully-loaded CET1 ratio remained stable at 14.5%.
After these results, ING shares inched up 0.1% at 15.95 euros on Euronext Amsterdam this morning.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This morning the bank reported underlying net income of 1.38 billion euros, up from 1.34 billion euros a year ago, with total underlying income up 1% at 4.4 billion euros.
ING said its global customer base grew by 400,000 to 36.9 million.
The group - which believes it is on the right path in transforming itself into the "bank of the future" - also said that its fully-loaded CET1 ratio remained stable at 14.5%.
After these results, ING shares inched up 0.1% at 15.95 euros on Euronext Amsterdam this morning.
Copyright (c) 2017 CercleFinance.com. All rights reserved.