ING Group NV ADR

Zacks Investment Research added five stocks to its Zacks Rank Number 1 Strong Buy list on August 6th. ASM International NV saw its next-year earnings consensus estimate rise 9.5% over the last 60 days. Northern Trust Corporation's current-year earnings estimate increased 8.3%. Texas Instruments Incorporated's current-year estimate rose 9%. CTO Realty Growth Incorporated's current-year estimate climbed 5.2%. ING Group NV's current-year estimate advanced 6.5%.

ING has repurchased 740,000 shares during the week ending 31 July 2026 as part of its €1.0 billion share buyback programme announced on 30 April 2026. The shares were bought at an average price of €29.58, for a total consideration of €21,891,581.00. To date, the programme has repurchased 17,765,193 shares at an average price of €26.65, amounting to €473,449,284.83, which represents approximately 47.34% of the maximum total value.

ING Groep NV posted a return on tangible equity of 17% in the second quarter of 2026, driven by a 10% year-on-year increase in total income and an 8% quarter-on-quarter rise. Commercial net interest income grew by 114 million euros from the prior quarter and was 10.7% higher year-on-year, while fee income climbed 14% year-on-year, with retail banking fees up 16% and wholesale banking fees up 11%. Net core lending expanded by 15.2 billion euros, led by 12.1 billion euros from retail banking, and net core deposits rose by 15.9 billion euros, fueled by a 16.7 billion euro inflow in retail banking. Risk costs remained low at 279 million euros, or 15 basis points of average customer lending, and the CET1 ratio improved to 13.1%, generating 65 basis points in the quarter. The bank upgraded its 2026 outlook, now expecting commercial net interest income between 16.8 billion and 17 billion euros, total income above 24.5 billion euros, and a return on tangible equity above 15%, while its 2027 outlook was raised to total income above 26 billion euros and a return on tangible equity above 16%.

ING announced that during the week of 20 July up to and including 24 July 2026, it repurchased 865,193 shares as part of its €1.0 billion share buyback programme launched on 30 April 2026. The shares were bought at an average price of €28.83 for a total amount of €24,945,169.33. To date, the programme has repurchased 17,025,193 shares at an average price of €26.52, representing approximately 45.16% of the maximum total value.

ING announced that it repurchased 1,200,000 shares during the week of 13 July to 17 July 2026 as part of its €1.0 billion share buyback programme. The shares were bought at an average price of €28.54 for a total amount of €34,251,765.00. To date, the programme has repurchased 16,160,000 shares at an average price of €26.40, representing approximately 42.66% of the maximum total value.

Venture Global announced that its subsidiary, Venture Global Shipping Holdings, LLC, closed a senior secured term loan facility totaling up to $1.5 billion. The financing matures on June 26, 2032, with Deutsche Bank and ING serving as coordinating lead arrangers, and ING also acting as facility agent and security trustee. Proceeds will be used for general corporate purposes, including reimbursing Venture Global LNG Inc. for the acquisition of nine LNG carriers, funding reserve accounts, and covering transaction fees.

ING has repurchased 950,000 shares during the week of 29 June to 3 July 2026 as part of its €1.0 billion share buyback programme announced on 30 April 2026. The shares were bought at an average price of €27.65 for a total amount of €26,267,240.00. To date, the programme has repurchased 14,010,000 shares at an average price of €26.08, representing approximately 36.54% of the maximum total value.

ING announced a strategic investment to acquire a stake of approximately 40% in Spanish wealth manager Singular Bank from private equity firm Warburg Pincus, which currently holds 93% of the shares. Singular Bank is an independent Spanish private bank with around €19 billion of client invested assets, serving high-net-worth individuals. Following the transaction, ING’s non-controlling stake is expected to be 40%, depending on a planned additional investment by Singular Bank management. The deal is expected to have a minimal impact on ING’s CET1 ratio and is anticipated to close in the first quarter of 2027.

ING Groep has introduced a new tiered subscription-based banking model in the Netherlands, with plans to roll out similar packages across Europe by mid-2027. The move responds to rising competition from digital-only neobanks such as Revolut, N26 and Monzo, and aims to deepen customer engagement and cross-selling by bundling payments, insurance and even non-banking services into tiered plans. The launch is part of a broader strategy to increase fee-based income and digital-centric retail banking, and its success in the Netherlands will serve as a test case for the wider European rollout. ING's stock currently trades around €27.205, up 11.1% year to date, though it has declined 2.7% over the past week.

European banks remain attractively valued compared with many U.S. peers despite a strong 2025 rally. Banco Bilbao Vizcaya Argentaria reported a return on tangible equity of 21.7% and a Common Equity Tier 1 ratio above 12% in the first quarter of 2026, yet trades at around 10.3 times forward earnings with a 4.63% dividend yield. Banco Santander has surged nearly 65% over the last 12 months, retains a 15% return on tangible equity with a 14% Common Equity Tier 1 ratio, and trades at just 11 times earnings with a 1.57% dividend and an approximately 17% dividend payout ratio. ING Group offers a 4.7% yield and trades at about 11.4 times forward earnings, but its 16% Common Equity Tier 1 ratio and 57% dividend payout ratio present a more mixed risk-reward setup.