ING Q2 Net Profit Climbs - Quick Facts

(RTTNews) - Dutch financial services company ING Group NV (ING) Wednesday said second-quarter net result climbed to 1.067 billion euros from 895 million euros last year. Earnings per share were 0.28 euro, compared to 0.23 euro in the prior year. Prior-year results have been restated.

Total underlying income was 6.693 billion euros, compared to 6.286 billion euros last year.

Citing the firm's priority to repay the Dutch State, ING said an interim dividend on common shares will not be paid in 2014.

The company's CEO said, "We are moving forward as a stronger, simpler and more sustainable company. I am confident that we are well placed to achieve the strategic priorities of ING Bank while continuing to serve our customers and the communities in which we operate to the best of our ability."