ING Group Reports Strong Q2 Results with Improved Profitability
ING Group (NYSE: ING) reported strong second-quarter results for 2026, driven by higher income and customer growth. The Dutch bank attributed its improved performance to the 'Growing the Difference' strategy, which has enhanced operating leverage and profitability. CEO Steven van Rijswijk highlighted that mobile primary customers increased by 377,000 in Q2 alone, with over a million added in the past year. The company saw loan growth exceed an annualized rate of 8%, while deposits grew at 8.5%. Fee income rose 14% from last year and sustainable volume mobilized increased by 28% in H1 2026. ING's return on tangible equity (ROTE) reached 17% for the quarter, with a four-quarter rolling ROTE up 1.5 percentage points YoY. CFO Ida Lerner noted that total income rose both sequentially and year-over-year due to commercial net interest income, fee income, and improved market conditions following volatility in Q1.
Tickers: $ING