ING Groep 1Q Net Profit Slips; 2016 Boosted by NN Group Share Sale

Date : 10/05/2017 @ 07h57
Source : Dow Jones News
Valeur : Ing Groep N.V. (INGA)
Cours : 14.256  0.066 (0.47%) @ 17h36
Ing Groep N.V. Cours Graphique

ING Groep 1Q Net Profit Slips; 2016 Boosted by NN Group Share Sale

Ing Groep N.V. (EU:INGA)
Graphique Historique de l'Action

1 an : De Avr 2017 à Avr 2018

Plus de graphiques de la Bourse Ing Groep N.V.
   By Ian Walker 

ING Groep N.V. (INGA.AE) Wednesday reported a fall in first quarter net profit mainly due to the contribution of the sale of shares in NN Group in the comparable period in 2016.

However, stripping out one-off items the Netherlands' largest bank by assets' underlying pretax profit rose 39%, boosted by continued loan growth, good cost control and relatively low risk costs, it said.

Net profit for the quarter ended March 31 was 1.14 billion euros ($1.24 billion), compared with ERU1.26 billion for the comparable period in 2016, while underlying pretax profit was EUR1.65 billion, compared with EUR1.19 billion.

Net interest income rose slightly to EUR3.35 billion, from EUR3.25 billion for the quarter ended March 31, 2016.

ING Group's fully-loaded common equity Tier 1 ratio, a measure of financial stability, stood at 14.5% at March 31, compared with 14.2% at Dec. 31, 2016.


-Write to Ian Walker at; @IanWalk40289749


(END) Dow Jones Newswires

May 10, 2017 01:42 ET (05:42 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
Dernières Valeurs Consultées
Société Gé..
CAC 40
Euro vs Do..
Les dernières valeurs consultées apparaîtront dans cette boîte, vous permettant de choisir facilement les titres vus auparavant.

Inscrivez-vous maintenant pour créer votre liste d'actions personnalisée, en streaming.

Les cours EURONEXT (CAC 40, etc. ) et FOREX (les devises) sont en direct si connecté.
NYSE, AMEX, et ASX sont en différé d'environ 20 minutes. Les autres cours sont en différé d'environ 15 minutes.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Conditions Générales

P:40 V:fr D:20180422 08:34:21