ING posts FY2025 net result of €6,327 million, driven by continued growth in customer balances and fee income
Globenewswire·2026-01-29 05:59

Core Insights - ING reported a full-year net result of €6,327 million for FY2025, driven by growth in customer balances and fee income [1] - The full-year profit before tax was €9,148 million, with a return on equity of 13.2% [1] - The fourth quarter profit before tax reached €2,095 million, marking an 18% increase year-on-year [1] Financial Performance - Total income for FY2025 was €23.0 billion, supported by a 15% rise in fee income to €4.6 billion and commercial net interest income of €15.3 billion [2] - Lending growth was significant, with €56.9 billion in total lending, more than double the previous year's amount [2] - Operating expenses remained stable year-on-year, reflecting cost discipline while investing in growth [1][6] Retail Banking Highlights - The mobile primary customer base increased by over 1 million to 15.4 million, contributing to a total customer base of nearly 41 million [3][5] - Lending in Retail Banking rose by €38.6 billion, primarily from €28.5 billion in mortgage growth and €6.6 billion in Business Banking [3] - Deposits increased by €30.1 billion, indicating strong customer trust [3] Wholesale Banking Highlights - Lending volumes in Wholesale Banking grew by €18.3 billion, driven by demand in corporate lending and Working Capital Solutions [4] - Deposits in Wholesale Banking increased by €8.0 billion, mainly in cash pooling and Financial Markets [4] - Fee income in Wholesale Banking rose by 9%, reflecting ongoing investment in expanding capabilities [4] Future Outlook - The company has a strong outlook for 2026 and has upgraded its outlook for 2027, with a return on tangible equity (ROTE) forecasted to exceed 14% for 2026 and 15% for 2027 [5][8] - The CET1 ratio stood at 13.1%, and a proposed final dividend of €0.736 per share was announced [5] - Sustainable volume mobilized reached €166 billion for the full year, a 28% increase year-on-year, highlighting the company's commitment to sustainability [7]