ING profit soars 23% to €1.9B in massive earnings jump

• ING reported second-quarter 2026 net result of €1.9 billion, up 23% year over year.
• The bank’s total income increased 10%, while fee income rose 14% to €1.3 billion.
• ING upgraded its 2026 and 2027 outlook for fees and total income, targeting higher returns.

ING Groep (NYSE:ING) reported a second-quarter 2026 net result of €1.9 billion, up 23% year over year, supported by higher interest and fee income.

Profit before tax reached €2.9 billion, increasing 29% from the previous quarter, while total income rose 10% year over year as the bank expanded lending and deposit activity.

ING reported net core lending growth of €15.2 billion and net core deposit growth of €15.9 billion, while Retail lending increased by €12.1 billion and Retail deposits increased by €16.7 billion on annualised figures.

ING upgraded its 2026 and 2027 outlook for fees and total income, expecting return on tangible equity above 15% in 2026 and above 16% in 2027.

The bank added 377,000 mobile primary customers during the quarter, while fee income reached €1.3 billion, up 14% year over year and 3% quarter over quarter.

ING also financed €86.5 billion in sustainable volume during the first half of 2026, grew assets under management 27% year over year to €322 billion and announced a strategic investment in Spanish wealth manager Singular Bank.