ING Group

Q2: confirmed 2024 outlook; fee and lending momentum continues

01/08/24 -"ING posted a modest quality beat in the Q2, delivered through higher fee income, higher other income (helped by income asymmetry) and lower loan loss provisions. The management maintained its outlook ..."

PDF page sample
Pages
62
Language
English
Published on
01/08/24
Download
You may also be interested by these reports :
31/07/26
CASA delivered reassuring Q2 results, beating the consensus by 6% and rebounding from a weak Q1. Revenue growth re-accelerated to +7% yoy (constant ...
31/07/26
The group posted a good set of results, further boosted by unexpected provision releases related to model changes. However, the quarterly surprise ...
31/07/26
The group posted a strong, albeit not fully sustainable, set of half-year results. The management strongly upgraded its 2026 RoTE guidance, but kept ...
31/07/26
EPS estimates were upgraded following strong Q1 and Q2 results. This outperformance is driven by a faster-than-expected Credit Suisse integration, ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO