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ING posts second-quarter profit of $1.6 billion, tops estimates

ING posts second-quarter profit of $1.6 billion, tops estimates
FILE PHOTO: 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 -
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DUBLIN (Reuters) – ING Group <INGA.AS>, the Netherlands’ largest bank, on Thursday reported a second-quarter net profit of 1.438 billion euros (£1.3 billion), beating market expectations.

A poll of analysts had expected a net profit of 1.32 billion euros for the three months ended June. The lender’s profit was little changed from 1.4 billion euros posted in a year-ago period.

(Reporting By John O’Donnell, Editing by Sherry Jacob-Phillips)

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