ING Groep NV (ING) CEO Steven van Rijswijk on Q1 2022 Results - Earnings Call Transcript

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Q1: 2022-05-06 Earnings Summary

EPS of $0.12 beats by $0.26
 | Revenue of $4.85B (-14.45% Y/Y) misses by $103.15M

ING Groep NV (NYSE:ING) Q1 2022 Earnings Conference Call May 6, 2022 3:00 AM ET

Company Participants

Steven van Rijswijk - CEO
Mark Milders - Head, IR
Tanate Phutrakul - CFO
Ljiljana Cortan - Member, Management Board

Conference Call Participants

Robin van den Broek - Mediobanca
Kirishanthan Vijayarajah - HSBC
Tarik El Mejjad - Bank of America Merrill Lynch
Benjamin Goy - Deutsche Bank
Giulia Miotto - Morgan Stanley
Raul Sinha - JPMorgan Chase & Co.
Stefan Nedialkov - Citigroup
Farquhar Murray - Autonomous Research
Omar Fall - Barclays Bank
Stefan Nedialkov - Citigroup
Karl Peace - Crédit Suisse
Guillaume Tiberghien - BNP Paribas Exane
Benoit Petrarque - Kepler Cheuvreux
Anke Reingen - RBC Capital Markets
Esther Castro - Banco Sabadell

Operator

Welcome to ING First Quarter 2022 Conference Call [Technical Difficulty] regarding future developments in our business, expectations for our future financial performance and any statement not involving an historical fact. Actual results may differ materially from those projected in any forward-looking statements. A discussion of factors that may cause actual results to differ from those in any forward-looking statements is contained in our public filings, including our most recent Annual Report on Form 20-F filed with the United States Securities and Exchange Commission. And our earnings press release as posted on our website today.

Furthermore, nothing in today's comments constitutes an offer to sell or a solicitation of an offer to buy any securities.

Good morning, Steven, over to you.

Steven van Rijswijk

Thank you very much, operator. Good morning, and welcome to our first quarter 2022 results call. I hope you're all well. I'm joined by our CFO, Tanate Phutrakul; and our CRO, Liliana Cortan. And I'm pleased to take you through today's presentation. After that, we will take your questions.

For the first time in 2

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