ING Groep N.V. (AMS: INGA)
Netherlands
· Delayed Price · Currency is EUR | Market Cap | 51.57B |
| Revenue (ttm) | 19.58B |
| Net Income (ttm) | 5.39B |
| Shares Out | 3.18B |
| EPS (ttm) | 1.58 |
| PE Ratio | 10.30 |
| Forward PE | 8.23 |
| Dividend | 1.11 (6.81%) |
| Ex-Dividend Date | Aug 5, 2024 |
| Volume | 1,244,601 |
| Open | 15.97 |
| Previous Close | 16.24 |
| Day's Range | 15.90 - 16.12 |
| 52-Week Range | 11.43 - 17.24 |
| Beta | 1.58 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 31, 2024 |
About ING Groep
ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts. It also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, the company provides working capital solutions; debt and equit... [Read more]
Financial Performance
In 2023, ING Groep's revenue was 17.63 billion, a decrease of -40.09% compared to the previous year's 29.42 billion. Earnings were 4.14 billion, a decrease of -65.86%.
Financial StatementsNews
ING Groep: There Are Better Income Alternatives In The European Banking Sector
ING Groep's profitability is expected to decline in the near future with uncertain macroeconomic conditions potentially impacting earnings growth. Learn more on ING stock here.
ING CEO favours smaller M&A deals, Commerzbank not sufficiently digital
Dutch bank ING Groep is looking for more local mergers and acquisitions focused on targets with a developed digital offering, its CEO said on Thursday, adding that Germany's Commerzbank did not fit th...
Europe's Markets Are Cheap. 4 Stocks to Play.
Nevertheless, its member economies are poised for a rebound.
ING to Provide Sustainability Linked Revolving Credit Facility for Lafayette Square
MIAMI and NEW YORK , June 25, 2024 /PRNewswire/ -- Lafayette Square USA, Inc. ("Lafayette Square"), a business development company, announced today that it has entered into a new hybrid credit facilit...
ING targets annual total income growth at 4%-5% from 2024-2027
ING is targeting total income growth of between 4% and 5% per year in 2024 to 2027, the largest Dutch lender by assets said in a statement on Monday ahead of its capital markets day event.
ING to set up European investment bank hub in Madrid, Cinco Dias says
Dutch bank ING plans to set up its new investment banking unit's European headquarters in Madrid, Spanish daily Cinco Dias reported on Wednesday.
These 4 European bank stocks have risen as strong earnings boost sentiment, should you buy?
European banks are having something of a renaissance currently. Bolstered by a mostly positive earnings season, and by optimism about the EU getting rate cuts soon, many banks on the continent have ou...
ING: We are comfortable regardless of interest rate environment
Tanate Phutrakul, CFO of ING, says a banking union is necessary for competitiveness in European banking.
ING Continues Buybacks to Boost Captial Ratio
ING shares rose after the Dutch lender said it plans to buy back up to €2.5 billion of shares and reported a first-quarter profit driven by income from fees and interest rates.
Results of ING's 2024 Annual General Meeting
Results of ING's 2024 Annual General Meeting The Annual General Meeting (AGM) of ING Groep N.V. was held today in Amsterdam.
Best Dutch stocks to buy as the AEX index sits at a record high
The Dutch AEX index has jumped to a record high this year. It joined other popular European indices like DAX and CAC 40.
Here's why ING share price is beating European banks this year
European bank stocks are surging and beating their American rivals this year. The closely-watched iShares Stoxx Europe 600 Banks ETF (EXV1) has jumped by over 16% this year while the SPDR Bank ETF (KB...
ING to redeem Perpetual Capital Securities
ING to redeem Perpetual Capital Securities ING announced today it will redeem US$ 1,250 million of 6.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on the call date being 1...
European bank recovery stumbles as BNP Paribas and ING dim outlook
A strong recovery by European banks faces a possible setback after BNP Paribas and ING warned on Thursday of a more challenging outlook and investors reappraised which lenders are most vulnerable as a...
Dutch bank ING Q4 profit beats estimates; sees lower total income in 2024
ING Groep , the largest Dutch bank by assets, reported better-than-expected fourth-quarter profit on Thursday aided by higher interest rates, although it forecast lower total income for 2024.
Friends of the Earth targets Dutch bank ING over fossil fuel financing
Climate group Friends of the Earth on Friday said it intends to hold ING liable for its climate policies, including its financing of the fossil fuel industry, the first step in a Dutch lawsuit.
A Pair Of Ukrainian M-2 Fighting Vehicles Tag-Teamed A Russian T-90 Tank. ‘This Tank Got F'ing Ganked.
The American-made M-2 Bradley infantry fighting vehicle is not a tank. It's a battle taxi for infantry.
Climate activists block Amsterdam highway in protest against ING
Dutch climate activists on Saturday blocked a major highway in Amsterdam to demand an immediate end to the financing of fossil fuel projects by lender ING.
ING takes next steps on energy financing after COP28
ING takes next steps on energy financing after COP28 Phase-out of upstream oil & gas financing by 2040 Aim to triple renewables financing by 2025 ING announced today it is taking the next steps in our...
ING to ditch upstream oil and gas by 2040, triple renewables - CEO
LONDON, Dec 20 (Reuters) - Dutch lender ING (INGA.AS) will stop financing oil and gas exploration and production by 2040 and triple new lending to renewable energy over the next two years as part of a...
ING reports outcome of 2023 EU-wide Transparency Exercise
ING reports outcome of 2023 EU-wide Transparency Exercise ING Groep N.V. notes the announcements made today by the European Banking Authority and the European Central Bank (ECB) regarding the informat...
ING Group 2023 SREP process completed
ING Group 2023 SREP process completed ING Group has been notified of the European Central Bank decision on the 2023 Supervisory Review and Evaluation Process (SREP), based on which it has taken a deci...
The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says
The Federal Reserve is poised to cut interest rates six times in 2024, according to ING Economics. The interest rate cuts will be in response to a slowing US economy.
German budget crisis: The economy is structurally weak, ING says
Carsten Brzeski of ING says "it needs a lot of structural transitions, but that is something the constitutional debt brake has not foreseen."
The 'dollar's long goodbye' means the no-brainer trade will end in 2024 as other currencies rise, ING says
The dollar's bullish run is set to run its course in 2024, ING analysts wrote on Wednesday. As a recession kicks in next year, the Fed will cut interest rates by 150 basis points.