ING Groep: So-So Q4 Results, But Shares Still Offer An Attractive Total Yield
Source: SeekingAlpha
2025-02-07 17:46:02 ET
Summary
- Shares of ING Groep N.V. have been pretty soft since my last update, trailing the wider European financials space.
- Fourth quarter net income missed sell-side expectations, with lower Eurozone interest rates weighing on the bank's deposit margin.
- The core capital returns story remains in place here - with 2025 set to be another bumper year for dividends and buybacks.
Fourth quarter results were somewhat mixed for Dutch bank ING Groep N.V. (NYSE: ING ), with net profit landing around 11% below sell-side consensus. Compared to how things looked the last time I covered it, you could arguably describe FY2025 guidance in much the same terms....
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ING Groep: So-So Q4 Results, But Shares Still Offer An Attractive Total Yield
ING Groep N.V.
NASDAQ: INGVF
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