Dutch banking group ING today posted results that missed analysts' expectations for fourth quarter pretax profit due to one-off charges.
But the bank said it will resume paying a dividend in 2015, the first time in seven years.
ING reported pretax profits of €783m, down from €904m the same time a year earlier.
But ING said this year's figure included €375m in restructuring charges, as well as €273m in negative impacts from revaluing debt and credit instruments.
Analysts polled by Reuters had on average expected profits of €864m.
"Internationally in retail banking we see growth in mortgages as well as non-mortgage lending, and in commercial banking we see growth across the globe," the group's chief executive Ralph Hamers said.
In November ING repaid the last of the €10 billion bailout it received from the Dutch state during the 2008 financial crisis.
The bank said today it intends to return at least €470m to shareholders this year, or 12 cents per share. The company also said it could decide to increase that number at the end of the year, as it will pay a minimum of 40% of annual net profit.
Hamers said the bank was well capitalised with a Tier 1 capital ratio of 11.4%, and it will be looking to either employ excess capital by lending or by returning money to shareholders.
ING also made fewer new provisions for bad loans in the quarter, €400m in total, down from €560m the same time a year earlier.
The bank said it did not expect significant provisions for bad loans to the oil sector, despite a €27 billion portfolio.