ING Group Q3 Profit Up 15% - Quick Facts

(RTTNews) - ING Group (ING) Wednesday reported third-quarter net result of 1.064 billion euros, up 14.7 percent from last year's 928 million euros. These figures include the net results of the legacy insurance businesses.

Net result per share was 0.28 euro, compared to 0.24 euro last year.

Net result from Banking improved to 1.078 billion euros from 1.006 billion euros, amid strong performance in Retail Banking, lower risk costs, growth in core lending and improved margins.

Total underlying income improved to 4.002 billion euros from 3.942 billion euros.

Further, ING said it is well placed to absorb regulatory impacts and achieve attractive capital return.