ING Groep (ING) reported Q1 earnings Thursday of 0.54 euros ($0.63) per share, up from 0.47 euros a year earlier.

Four analysts polled by FactSet expected 0.49 euros.

Total income for the quarter ended March 31 was 5.82 billion euros, compared with 5.64 billion euros a year earlier.

Analysts surveyed by FactSet expected 5.86 billion euros.

For 2026, the lender said it continues to expect total income of 24 billion euros.

Analysts polled by FactSet expect 24.21 billion euros.

The company also approved a new 1 billion euros share buyback program.