ING Groep N.V.: EPS $0.75 vs $0.79 expected; revenue $6.95B vs $7.06B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 0.75 | 0.79 | −5.1% | 0.70 |
| Revenue (USD bn) | 6.95 | 7.06 | −1.6% | 6.86 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 29, 2026 | Q3 FY2026 | 0.75 | 0.79 | −5.1% | 6.95 | 7.06 | −1.6% |
| Jul 30, 2026 | Q2 FY2026 | 0.79 | 0.75 | +5.3% | 7.23 | 6.99 | +3.4% |
| Apr 30, 2026 | Q1 FY2026 | 0.63 | 0.60 | +5.0% | 6.83 | 6.86 | −0.4% |
| Jan 29, 2026 | Q4 FY2025 | 0.56 | 0.50 | +12.0% | 6.92 | 6.67 | +3.7% |
| Oct 30, 2025 | Q3 FY2025 | 0.70 | 0.64 | +9.4% | 6.86 | 6.28 | +9.2% |
| Jul 31, 2025 | Q2 FY2025 | 0.64 | 0.59 | +8.5% | — | — | — |
| May 2, 2025 | Q1 FY2025 | 0.49 | 0.56 | −12.5% | 6.18 | 6.34 | −2.6% |
| Feb 6, 2025 | Q4 FY2024 | 0.39 | 0.41 | −4.9% | 5.60 | 5.77 | −2.9% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures. Figures are in USD as carried for this US-traded line; the company reports in another currency.
ING Groep N.V. results: EPS $0.75 vs $0.79 expected; revenue $6.95B vs $7.06B. The results cover the company's Q3 FY2026. EPS came in below analysts' estimate by 5.1%; revenue below the estimate by 1.6%. Figures are in USD as carried for this US-traded line; the company reports in EUR.
Revenue was up 1.4% from $6.86 billion a year earlier (Q3 FY2025). EPS was up 7.1% from $0.70 a year earlier. On its record, EPS topped analysts' estimates in 5 of 7 earlier comparable reports.
What the results mean
Revenue growth points to an expanding income base at ING Groep N.V., but its significance for profitability requires examining deposit costs, operating expenses and credit quality. The available material does not reveal how these factors contributed to the results.
The group serves individuals and businesses through deposits, mortgages and loans, alongside payments, cash management and trade finance. Profitability depends on the spread between lending yields and funding costs, while corporate banking and capital markets services provide income channels linked to client activity.
What to watch on the earnings call: Listen for management's explanation of the sources of revenue growth and how it translates into profitability, focusing on deposit pricing, lending yields, operating expenses and loan quality. Commentary on consumer and business demand for financing, alongside activity in payments, cash management and capital markets, would also be useful.
For the full analysis of ING Groep N.V. stock — valuation, scores and financial statements — see the stock page linked with this story.