ING Bank's fourth-quarter pretax earnings beat estimates; fee income rises

The logo of ING bank is pictured at the entrance of the group's main office in Brussels, Belgium September 5, 2017. REUTERS/Francois Lenoir - Copyright FRANCOIS LENOIR(Reuters)

By Reuters

Published on 06/02/2019 - 07:34•Updated 25/04/2024 - 19:52

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AMSTERDAM (Reuters) - ING Groep NV, the largest Dutch financial group, on Wednesday reported better-than-expected fourth-quarter underlying pretax earnings of 1.69 billion euros (£1.5 billion), reflecting rising commission and fee revenue.

Analysts polled for Reuters expected the pretax earnings to come in at 1.57 billion euros, for the three months ended Dec. 31, compared with 1.56 billion euros a year ago.