ING Groep NV's stock surged 5.08% during intraday trading on Thursday, reflecting a significant positive market reaction to the company's latest financial disclosures.

The sharp rise follows the release of ING's first-quarter 2026 results, which exceeded analyst expectations. The Dutch bank reported earnings per share of $0.63, beating the consensus estimate of $0.60 and marking a 28.57% increase from the same period last year. The strong performance was driven by continued growth in commercial net interest income, supported by higher customer balances, and a 13% year-on-year increase in fee income across both Retail and Wholesale Banking segments.

Further bolstering investor sentiment was the simultaneous announcement of a new €1.0 billion share buyback program. Analysts at RBC Capital Markets noted that the first-quarter results bode well for ING's full-year outlook, with controlled costs and raised guidance for commercial net interest income pointing to potential upward revisions in consensus expectations.