ING Groep Q1 2023 Earnings Report

ING Groep EPS Results

• Actual EPS: $0.47
• Consensus EPS: $0.37
• Beat/Miss: Beat by +$0.10
• One Year Ago EPS: N/A

ING Groep Revenue Results

• Actual Revenue: $5.97 billion
• Expected Revenue: $5.77 billion
• Beat/Miss: Beat by +$198.48 million
• YoY Revenue Growth: N/A

ING Groep Announcement Details

• Quarter: Q1 2023
• Date: 5/11/2023
• Time: N/A

ING Groep (NYSE:ING) 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. It also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, the company provides working capital solutions; debt and equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.