ING Posts Quarterly Profit Beat, Launches $2.26 Billion Buyback
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
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Should l Buy ?
Source: WSJ
Buyback Announcement: ING Groep has initiated a $2.26 billion share buyback program alongside its financial results for the first quarter.
Profit Performance: The bank reported a net profit of 1.455 billion euros, exceeding estimates but reflecting a 7.8% decline from the previous year due to increased costs.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
