ING Groep (ING) reported Q4 earnings Thursday of 0.37 euros ($0.38) per share, down from 0.45 euros a year earlier.

Three analysts polled by FactSet expected 0.39 euros.

Revenue for the quarter ended Dec. 31, expressed as total income, was 5.41 billion euros, unchanged from a year earlier.

Analysts surveyed by FactSet expected 5.39 billion euros.

Shares of the company were down 3% in recent Thursday premarket activity.