ING keeps EUR 2.20 billion guidance for NN Group stock

Published on 10/20/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NN Group stock costs EUR 75.70 on October 20, 2026, 0.05 percent below the Xetra close. Capital generation rose 5.00 percent in H1 2026.

Capital generation and guidance

ING maintained NN Group's EUR 2.20 billion 2026 guidance on October 19, 2026.
Operating capital generation reached EUR 1.07 billion in the first half of 2026, up 5.00 percent year over year.
NN Group stock traded at EUR 75.70 at 10:34 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.05 percent below the Xetra close of October 19, 2026.
Future Ready had delivered EUR 130.00 million of its EUR 200.00 million annual savings target by October 7, 2026.

Isometrische 3D-Grafik zeigt Wertschöpfungskette von Versicherungsschutz bis Kapitalanlage — NN Group N.V. (ISIN NL0010773842) veranschaulicht die Wertschöpfungskette von Schutz, Sparen und Kapitalanlage isometrisch, Illustration mit AI erstellt.

NN Group (ISIN NL0010773842) traded at EUR 75.70 at Lang & Schwarz on October 20, 2026 at 10:34 a.m. CEST, down EUR 0.04 or 0.05 percent versus the Xetra close of October 19, 2026 at EUR 75.74. ING Markets kept its EUR 2.20 billion 2026 operating capital generation guidance on October 19, 2026.

Guidance stays at EUR 2.20 billion

The ING analysis puts the guidance against first-half operating capital generation of EUR 1.07 billion, 5.00 percent above the prior-year period and ahead of EUR 1.01 billion consensus. The solvency ratio reached 224.00 percent, compared with 219.00 percent consensus, while Europe Insurance generated EUR 299.00 million, up 19.00 percent year over year.

NN Group states that its first-half 2026 results were published on August 6, 2026. The company combines life and non-life insurance with retail banking, giving capital generation and solvency a more direct role in shareholder returns than revenue growth alone.

Three dates show the capital trend

On August 6, 2026, NN Group published first-half results with EUR 1.07 billion operating capital generation. On October 7, 2026, De Belegger reported EUR 130.00 million of annual Future Ready savings against a EUR 200.00 million target. On October 19, 2026, ING retained the EUR 2.20 billion 2026 guidance.

What does the savings plan mean?

The remaining EUR 70.00 million is the key execution test. Future Ready had reached 65.00 percent of its annual target by October 7, 2026, but the benefit matters most if it supports operating capital generation and free cash flow without weakening distribution or service.

When is the next reporting date?

An estimated next earnings date of November 5, 2026, is listed by Financhill. The date is a calendar marker rather than a new operating forecast, so the next update will be judged against the EUR 2.20 billion guidance and the 224.00 percent solvency ratio.

Stock trades below the Xetra close

NN Group stock was trading at EUR 75.70 at Lang & Schwarz on October 20, 2026 at 10:34 a.m. CEST, down 0.05 percent against the Xetra close of October 19, 2026 at EUR 75.74. The primary listing is on Euronext Amsterdam, where the stock trades under ticker NN.

The further course of trading is shown by the continuously updated real-time quote of NN Group stock.