A correct Q4 but a beat built on lower LLPs
02/02/23 -"ING realised a correct quarter, marked by a strong increase in underlying NII (excluding net negative TLTRO impact) but a beat on total income which was supported by less sustainable other income. ..."
Pages
61
Language
English
Published on
02/02/23
You may also be interested by these reports :
27/10/26
In our view, the group released a mixed set of quarterly results, putting at risk demanding consensus expectations for 2027 and 2028. As a result, ...
23/10/26
As announced in our post-release comments, we have made minor changes to our forecasts. However, the limited upgrade we have made to our 2027 ...
22/10/26
Swedbank’s Q3 pretax beat relied on a one-off Entercard provision release, while revenue missed due to softer NII growth and weaker trading. NII and ...
22/10/26
SEB’s Q3 missed consensus, with PBT 6% below expectations due to weak trading results after Q3 rates volatility, and slightly soft NII and fees ...