ING Groep stock gains on buyback and a Morgan Stanley upgrade
Published on 09/03/2026 at 07:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ING Groep (ISIN NL0011794037) stock traded at EUR 31.10 on September 2, 2026, with a 2.98 percent gain on Tradegate and a market capitalization of EUR 87.197 billion. The move came as Morgan Stanley raised the stock to Overweight and the bank kept buying back shares.
Buyback reaches 64.98 percent
According to ING's buyback update, the bank repurchased 1,075,000 shares in the week of August 24 to August 28, 2026 at an average price of EUR 30.17. Cumulative repurchases reached 23,570,805 shares, worth EUR 649,843,206.99, which equals 64.98 percent of the planned EUR 1.0 billion program.
The stock also sat close to its recent peak. One market snapshot showed a 52-week range of EUR 20.23 to EUR 31.22, while the latest quote of EUR 31.10 left the shares EUR 0.12 below that high on September 2, 2026.
Q2 momentum still matters
For operating momentum, the latest quarter cited in the market data set showed EPS of USD 0.79, above the USD 0.75 consensus by USD 0.04. Revenue came in at USD 4.76 billion, and net margin stood at 28.15 percent.
Those numbers help explain why the bank's earnings narrative has improved. The same market set also pointed to a current-year EPS estimate of 2.82, giving investors a concrete benchmark for the next reporting season.
Why the buyback matters now
The repurchase pace, the EUR 31.10 quote and the Q2 beat give the ING Groep story a clear capital-return angle.
Banking franchises and capital returns
ING remains a large cross-border bank with retail and wholesale activity across Europe, and the current move is tied to both earnings strength and capital return. The combination of a EUR 1.0 billion buyback, a 64.98 percent completion rate and a 2.44 percent rise to EUR 31.31 on Euronext Amsterdam gives the share a clear numerical backdrop.
Stock near the 52-week high
ING Groep stock closed at EUR 31.10 on September 2, 2026 in the Tradegate reference used here, with the 52-week high at EUR 31.22 and market capitalization at EUR 87.197 billion. The price sat within 0.38 percent of that high, leaving the shares close to their yearly peak.
ING Groep stock key data
- Company: ING Groep N.V.
- ISIN: NL0011794037
- Ticker: INGA
- Trading venue: Euronext Amsterdam and Tradegate
- Price (as of September 2, 2026, 09:17): EUR 31.10
- Market capitalization: EUR 87.197 billion (as of September 2, 2026)
- Sector / Industry: Financials / Banks
- Index membership: AEX
