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ING: 1Q Earnings Snapshot

AMSTERDAM (AP) _ ING Groep NV (ING) on Thursday reported net income of $1.27 billion in its first quarter.

The Amsterdam-based bank said it had earnings of 33 cents per share.

The financial services provider posted revenue of $5.2 billion in the period. Its revenue net of interest expense was $5.2 billion, topping Street forecasts.

ING shares have risen 18% since the beginning of the year. The stock has dropped 24% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ING at https://www.zacks.com/ap/ING