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Stock impact report

ING Capital Markets Day 2024: ‘Growing the difference’

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
Company Research Source: GlobeNewswire
ING Capital Markets Day 2024: ‘Growing the difference’ ING is hosting a Capital Markets Day today, 17 June 2024, in London, United Kingdom. Under the headline ‘Growing the difference’, Steven van Rijswijk, CEO of ING, and the other members of ING’s Management Board will provide an update on the next phase of ING’s strategy, aimed at being the best European bank by accelerating growth, increasing impact, and delivering value. As part of the Capital Markets Day, we will share financial targets for the period 2024-2027, showing structurally improved profitability and continued attractive shareholder returns. In this period, we aim to grow our number of mobile primary customers by one million per annum and target an annual total income growth of 4-5%. For 2027, we target a fee income of €5 billion, a cost/income ratio of 52-54% and a return on equity of 14%. Our CET1 ratio target of around 12.5% by end of 2025 is reaffirmed and will be periodically reviewed against capital requ Show less Read more
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