ENXTAM:INGABanks
ING (ENXTAM:INGA) Net Profit Margin Jumps to 25%, Reinforcing Bullish Earnings Narrative
ING Groep (ENXTAM:INGA) delivered a strong performance, reporting current net profit margins of 25%, rising from 21.2% a year ago, and notching 37.3% annual earnings growth that outpaced its five-year average of 4.8% per year. Looking ahead, analysts forecast annual earnings growth of 11.5% and revenue growth of 7.5%, just below the 7.8% expected for the broader Dutch market. Earnings quality remains high, with only minor risks flagged, setting a constructive backdrop for the headline results...