ING Group (ING) to Release Quarterly Earnings on Thursday

ING Group (NYSE:ING - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $0.61 per share and revenue of $6.40 billion for the quarter.

ING Group (NYSE:ING - Get Free Report) last announced its earnings results on Friday, May 2nd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by ($0.07). ING Group had a return on equity of 11.68% and a net margin of 27.70%. The business had revenue of $6.36 billion for the quarter, compared to analysts' expectations of $5.74 billion. On average, analysts expect ING Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ING Group Stock Up 0.7%

Shares of NYSE ING traded up $0.17 during midday trading on Friday, reaching $23.86. 2,746,217 shares of the company's stock were exchanged, compared to its average volume of 2,785,146. ING Group has a 52-week low of $15.09 and a 52-week high of $23.90. The stock has a market capitalization of $83.47 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.92 and a beta of 1.11. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.12 and a current ratio of 1.12. The business's fifty day moving average price is $21.75 and its two-hundred day moving average price is $19.49.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ING shares. The Goldman Sachs Group raised ING Group from a "neutral" rating to a "buy" rating in a research report on Thursday, March 27th. Cfra Research raised ING Group from a "moderate sell" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, Barclays raised ING Group from an "equal weight" rating to an "overweight" rating in a report on Tuesday, July 15th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, ING Group has a consensus rating of "Moderate Buy".

Hedge Funds Weigh In On ING Group

A number of hedge funds and other institutional investors have recently bought and sold shares of ING. Amundi acquired a new position in ING Group in the first quarter valued at approximately $760,000. AQR Capital Management LLC boosted its stake in ING Group by 27.0% in the first quarter. AQR Capital Management LLC now owns 87,240 shares of the financial services provider's stock valued at $1,709,000 after acquiring an additional 18,562 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its stake in ING Group by 5.4% in the first quarter. Integrated Wealth Concepts LLC now owns 21,329 shares of the financial services provider's stock valued at $418,000 after acquiring an additional 1,094 shares during the period. 4.49% of the stock is currently owned by institutional investors and hedge funds.

About ING Group

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts.