ING Groep (ING) Reports Q1 Growth

ING Groep N.V. (NYSE:ING) is one of the 10 Best European Stocks That Beat Earnings Estimates to Buy.

On April 30, 2026, ING Groep N.V. (NYSE:ING) reported Q1 net result per share of 0.54 compared to EUR 0.47 last year, with a CET1 ratio of 13%. CEO Steven van Rijswijk said the quarter reflected “the resilience of our business” amid geopolitical and macroeconomic uncertainty, adding the company continues to support clients while executing its growth strategy and remains on track to meet its upgraded outlook.

On the same day, ING Groep N.V. (NYSE:ING) said it completed the share buyback program announced on October 30, 2025, and launched a new program to repurchase up to EUR 1B in shares to maintain its CET1 ratio around 13%.

Earlier in April, Deutsche Bank raised its price target on ING Groep N.V. (NYSE:ING)to EUR 29 from EUR 28 and maintained a Buy rating, while Citi increased its price target on ING Groep N.V. (NYSE:ING) to EUR 28.70 from EUR 28.60 with a Buy rating.

Q2 Holdings (QTWO): 10 Best Enterprise Software Stocks to Buy Right Now

Pixabay/Public Domain

On April 7, 2026, ING said it terminated the planned sale of ING Bank JSC to Global Development JSC after concluding the buyer was unlikely to obtain required approvals, adding it continues to pursue an exit from Russia and expects any alternative scenario to have a similar impact of about 7 basis points on its CET1 ratio.

ING Groep N.V. (NYSE:ING) provides banking products and services across Europe and international markets.

While we acknowledge the risk and potential of ING as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ING and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.