ING Groep NV

NYSE:ING

Profitability: ING said second-quarter ROTE reached 17%, helped by strong customer activity, higher income, and tightly controlled costs.

Outlook raised: Management upgraded 2026 and 2027 guidance, lifting the ROTE outlook by 1 percentage point and expecting more than EUR 24.5 billion of total income in 2026 and more than EUR 26 billion in 2027.

Customer growth: The bank added 377,000 mobile primary customers in the quarter, taking 12-month growth above 1 million and ahead of its Capital Markets Day target.

Balance sheet momentum: Lending and deposits both grew at an annualized pace of more than 8%, with commercial NII and fee income both improving strongly.

Capital discipline: CET1 rose to 13.1%, and ING said capital optimization in Wholesale Banking and SRT activity are helping it rebalance toward higher-return retail activities.

Key questions: Analysts focused on liability margins, deposit campaigns, private banking strategy, and whether ING can sustain current growth and further improve wholesale returns.