ING Reports Impressive 2Q2025 Financial Performance Growth
ING Achieves Strong Financial Results for 2Q2025
ING has announced an impressive net result of €1,675 million for the second quarter of 2025. This result underscores the bank's strength in both lending and fee income, demonstrating its resilience in a challenging economic environment.
Profit and Growth Highlights
The bank achieved a profit before tax of €2,369 million, reflecting a CET1 capital ratio of 13.3%. This strong performance signals that ING is well-positioned to meet its strategic objectives as outlined in its 'Growing the difference' strategy, which has been active for a year now.
Customer Growth
During the quarter, ING increased its primary mobile customers by over 300,000, bringing the total to 14.9 million. This growth reflects the bank's successful outreach and customer engagement strategies.
Income Stability
ING's total income has remained resilient, bolstered by increased customer balances. Particularly noteworthy is the growth seen within the mortgage portfolio, indicating strong demand for housing financing.
Fee Income Growth
Fee income witnessed a remarkable increase of 12% year-on-year across both Retail and Wholesale Banking segments. This rise highlights the bank's diversified income stream and successful fee-generating activities.
Dividend Announcement
The bank will distribute an interim cash dividend of €0.35 per ordinary share to its shareholders, demonstrating a commitment to returning value to investors even amid market volatility.
CEO Insights on Strategic Progress
Steven van Rijswijk, the CEO of ING, expressed confidence in the bank's strategic direction. He acknowledged the impact of current market volatility but remained optimistic about the growth trajectory and customer base expansion. He noted that fee income now constitutes nearly 20% of total income, showing diversification in revenue streams.
Core Lending Achievements
Core lending has achieved record growth during the quarter, totaling €11.3 billion, with €7.2 billion attributed to mortgages and €3.2 billion in Business Banking. This surge is largely attributed to heightened loan demand from SME clients.
Retail and Wholesale Banking Approach
Retail Banking also saw a significant uptick, with 1.1 million new mobile primary customers year-on-year. In terms of net core lending growth, ING effectively tapped into the needs of both retail and business customers, achieving robust results across the board.
Sustainability Commitment
ING continues to enhance its sustainability initiatives, mobilizing €67.8 billion in sustainable financing during the first half of 2025, a 19% increase from the previous year. The bank has also introduced new products aimed at promoting energy efficiency among its customers.
Challenges and Strategic Outlook
Despite the pressures from macroeconomic factors and geopolitical uncertainties, ING remains committed to its 'Growing the difference' strategy. The bank is optimistic about achieving its financial goals for 2027 and enhancing its position as a leading European bank.
Frequently Asked Questions
What was ING's net result for the second quarter of 2025?
ING reported a net result of €1,675 million for 2Q2025.
How much has ING increased its fee income?
Fee income increased by 12% year-on-year in both Retail and Wholesale Banking.
What strategy is ING currently executing?
ING is executing its 'Growing the difference' strategy, launched one year ago, to enhance growth and customer satisfaction.
What was the core lending growth recorded in 2Q2025?
Core lending growth reached a record of €11.3 billion during the quarter.
How committed is ING to sustainability?
ING is highly committed to sustainability, having mobilized €67.8 billion in sustainable financing in the first half of 2025, marking a 19% increase from the previous year.
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