This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ING Groep NV's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stocks in this article: ING

ING Groep NV (ING)

Q1 2012 Earnings Call

May 09, 2012 3:00 am ET


Jan H. M. Hommen - Chief Executive Officer, Chairman of The Executive Board, Member Management Board Insurance, Member of Management Board Banking, Chief Executive Officer of Ing Bank and Chief Executive Officer of Ing Insurance

Matthew J. Rider - Chief Administrative Officer

Wilfred F. Nagel - Chief Risk Officer, Member of The Management Board Banking and Member of The Management Board -Insurance

Patrick G. Flynn - Chief Financial Officer, Member of Executive Board, Member Management Board Insurance, Chief Financial Officer of Ing Bank and Chief Financial Officer of Ing Insurance


Spencer Horgan - Deutsche Bank AG, Research Division

Michael van Wegen - BofA Merrill Lynch, Research Division

Michael Huttner - JP Morgan Chase & Co, Research Division

Francesca Tondi - Morgan Stanley, Research Division

Francois Boissin - Exane BNP Paribas, Research Division

Unknown Analyst

Farooq Hanif - Morgan Stanley, Research Division

Hans Pluijgers - CA Cheuvreux, Research Division

William Elderkin - Societe Generale Cross Asset Research

Benoit Petrarque - Kepler Capital Markets, Research Division

Jan Willem Weidema - ABN AMRO Bank N.V., Research Division

William Hawkins - Keefe, Bruyette & Woods Limited, Research Division

Federico Salerno - MainFirst Bank AG, Research Division

Matthias De Wit - Petercam, Research Division



Ladies and gentlemen, thank you for holding. This is Yvonne, welcoming you to the ING Q1 2012 Conference Call. Before handing this conference over to Mr. Jan Hommen, Chief Executive Officer of ING Groep, let me first say that today's comments may include forward-looking statements such as statements regarding future developments in our business, expectations for our future financial performance and any statement not involving a 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 statement 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, Jan. I will now hand the conference over to you. Please go ahead.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs