ING lifts 2024 total income guidance to more than 22 billion euros
ING Groep (INGA.AS), opens new tab lifted its 2024 outlook for total income to more than 22 billion euros after posting second-quarter net interest income above estimates on Thursday.
The Netherlands’ largest bank by assets had forecast total income of about 22 billion euros ($23.82 billion) in February, lower than the 22.58 billion euros reported in 2023.
“Loan demand was up in the second quarter, and we had more deposits coming, of around 15 billion euros. So all the levers that we pull point to good income,” CEO Steven van Rijswijk said in a call with journalists.
Source: REUTER