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Stock impact report

ING Groep: Executing Well, But No Longer Undervalued (Rating Downgrade) [Seeking Alpha]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
Company Research Source: Seeking Alpha
ING is executing well against management's 2027 targets. Its net interest margin has stabilized, fee income is growing nicely, and cost control remains solid. This is supporting healthy earnings growth. While credit costs may spike in a downturn, ING is currently provisioning near its through-the-cycle average. This leaves it well placed compared to some of its peers. With most of its surplus capital now distributed and its valuation re-rating significantly, the value case for ING has become less compelling. DutchScenery/iStock Editorial via Getty Images European banks are enjoying their best run in years. Thanks to a steeper yield curve, resilient credit quality, healthy earnings, and attractive capital returns, sentiment has shifted massively in their favor, lifting the sector to levels that were unthinkable not This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of ING either through stock ownership, options, or other de Show less Read more
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