ING keeps EUR 2.20 billion guidance for NN Group stock
Published on 10/14/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital generation and guidance
- Operating capital generation rose 5.00 percent to EUR 1.07 billion in the first half of 2026.
- ING Markets kept NN Group's 2026 operating capital generation guidance at EUR 2.20 billion on October 13, 2026.
- NN Group stock trades at EUR 76.11 at 11:05 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.01 percent below the Xetra close of October 12, 2026.
NN Group (ISIN NL0010773842) was trading at EUR 76.11 at Lang & Schwarz on October 14, 2026, at 11:05 a.m. CEST, 0.01 percent below the Xetra close of October 12, 2026 at EUR 76.12. ING Markets kept NN Group's 2026 operating capital generation guidance at EUR 2.20 billion in an analysis dated October 13, 2026.
Three dated NN Group developments
On August 6, 2026, NN Group published first-half results and reported operating capital generation of EUR 1.07 billion, up 5.00 percent year over year. The same report established the financial backdrop for the guidance retained in October.
On October 6, 2026, the company's first-half earnings call described operating capital generation of EUR 1.10 billion and a Solvency II ratio of 224.00 percent. Yahoo Finance also reported that the interim dividend rose to EUR 1.55 per share, up 12.00 percent from the previous year.
On October 13, 2026, ING Markets listed first-half operating capital generation at EUR 1.07 billion against EUR 1.01 billion consensus, a 5.00 percent increase, and retained the EUR 2.20 billion 2026 guidance. Its table also showed a 224.00 percent Solvency II ratio against 219.00 percent consensus.
What supports the payout?
The capital figures matter because the payout depends on balance-sheet resilience as well as reported earnings. The 224.00 percent solvency ratio stood 5.00 percentage points above the cited 219.00 percent consensus, while the EUR 1.55 interim dividend represented a 12.00 percent year-over-year increase.
ING Markets identified the European insurance business as a growth contributor, with operating capital generation of EUR 299.00 million in the first half of 2026, up 19.00 percent year over year. The Netherlands Life division contributed EUR 605.00 million, up 2.00 percent, while Netherlands Non-Life generated EUR 168.00 million, down 4.00 percent.
Stock valuation and trading level
NN Group's market capitalization was EUR 19.9 billion as of October 14, 2026. The 52-week range was EUR 58.30 to EUR 83.40, placing the Lang & Schwarz price EUR 7.29 below the high and EUR 17.81 above the low.
The current quote therefore sits inside a broad annual range while the operating data point to a measurable comparison between capital generation and consensus. The next valuation signal is whether the retained guidance converts the first-half performance into further capital returns.
Market price on October 14
NN Group stock was trading at EUR 76.11 at Lang & Schwarz on October 14, 2026, at 11:05 a.m. CEST, 0.01 percent below the Xetra close of October 12, 2026 at EUR 76.12. The further course of trading is shown by the continuously updated real-time quote of NN Group stock.
NN Group key data
- Company: NN Group N.V.
- ISIN: NL0010773842
- Ticker: NN.AS
- Primary exchange: Euronext Amsterdam
- Price Lang & Schwarz (as of October 14, 2026, 11:05 a.m. CEST): EUR 76.11
- Change versus Xetra close: minus 0.01 percent
- Xetra close (October 12, 2026): EUR 76.12
- Market capitalization: EUR 19.9 billion (as of October 14, 2026)
- 52-week range: EUR 58.30-EUR 83.40 (as of October 14, 2026)
- Sector / Industry: Financial Services / Insurance - Diversified
- Index membership: AEX
Market context: Market report AEX.
