ING Groep N.V. (AMS: INGA)

Netherlands flag Netherlands · Delayed Price · Currency is EUR
14.65
-0.17 (-1.16%)
Nov 22, 2024, 5:36 PM CET
15.10%
Market Cap 46.10B
Revenue (ttm) 17.21B
Net Income (ttm) 3.65B
Shares Out 3.15B
EPS (ttm) 1.11
PE Ratio 13.25
Forward PE 7.66
Dividend 1.11 (7.46%)
Ex-Dividend Date n/a
Volume 14,064,486
Open 15.00
Previous Close 14.82
Day's Range 14.49 - 15.03
52-Week Range 11.90 - 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]

Sector Financials
Founded 1762
Employees 60,000
Stock Exchange Euronext Amsterdam
Ticker Symbol INGA
Full Company Profile

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 Statements

News

Lorne Steinberg's Past Picks: Allstate,CVS Health and ING Groep NV

Lorne Steinberg, president of Lorne Steinberg Wealth Management, discusses his past picks: Allstate,CVS Health and ING Groep NV.

11 days ago - BNN Bloomberg

My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%

I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend inco...

15 days ago - Seeking Alpha

ING Groep N.V. 2024 Q3 - Results - Earnings Call Presentation

The following slide deck was published by ING Groep N.V.

21 days ago - Seeking Alpha

ING Groep N.V. (ING) Q3 2024 Earnings Call Transcript

ING Groep N.V. (NYSE:ING) Q3 2024 Earnings Conference Call October 31, 2024 4:00 AM ETCompany ParticipantsSteven van Rijswijk - Chief Executive...

21 days ago - Seeking Alpha

ING Groep: Mixed Q3 But Welcome Progress On Capital Returns

ING Groep N.V. beats earnings, announces capital returns to shareholders. ING stock has dipped back below tangible book value. Check out my Q3 earnings update.

22 days ago - Seeking Alpha

Bankers Take Fresh Look at Their Strategy With Deals Heating Up

ING Groep NV is open to making acquisitions but has yet to come across a target that’s worth the money, Chief Financial Officer Tanate Phutrakul said Thursday.

23 days ago - BNN Bloomberg

ING Announces €2 Billion Share Buyback Profit Beats Estimates

ING Groep NV unveiled a €2 billion ($2.2 billion) stock buyback program as the lender’s profit beat estimates.

23 days ago - BNN Bloomberg

ING plans share buyback, cash dividend of up to 2.5 billion euros

ING Groep announced on Thursday next tranche of profit distribution consisting of share buyback and dividend totalling up to 2.5 billion euros ($2.71 billion), as it reported a lower-than expected thi...

23 days ago - Reuters

ING announces shareholder distribution of up to €2.5 billion

ING announces shareholder distribution of up to €2.5 billion ING announced today an additional shareholder distribution of up to €2.5 billion. The distribution consists of a share buyback programme fo...

23 days ago - GlobeNewsWire

ING Groep appoints new CEO for Asia Pacific area

THE Netherlands’s largest financial services company ING Groep NV on Tuesday announced the appointment of Uday Sareen as chief executive and head of wholesale banking for the Asia Pacific market.

5 weeks ago - BusinessMirror

Lafayette Square Announces ING's Expanded Commitment to Revolving Credit Facility

Launched in June 2024, the sustainability-linked revolving credit facility was designed to support working-class communities. MIAMI and NEW YORK , Oct. 1, 2024 /PRNewswire/ -- Lafayette Square USA, In...

7 weeks ago - PRNewsWire

ING Group Digital Transformation Analysis Report 2024: Accelerators, Incubators, and Innovation Programs

Dublin, Sept. 27, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: ING Group N.V. 2024" company profile has been added to ResearchAndMarkets.com's offering.

2 months ago - GlobeNewsWire

AI model 'better' at pricing currencies than humans

LONDON - ING Groep NV is starting to use artificial intelligence (AI) to price currencies, replacing a job traditionally performed manually by the bank's traders.

2 months ago - Bangkok Post

AI Model Is Better at Pricing Currencies Than Humans, ING Says

ING Groep NV is starting to use artificial intelligence to price currencies, replacing a job traditionally performed manually by the bank’s traders.

2 months ago - BNN Bloomberg

ING Further Cuts Fossil-Fuel Financing in New Climate Pledge

ING Groep NV plans to further reduce the financing it provides to fossil-fuel companies as part of its effort to drive down emissions in its loan portfolio and achieve a net zero target by 2050.

2 months ago - BNN Bloomberg

ING bank tightens restrictions on oil and gas lending

Dutch lender ING is further restricting access to finance for some oil and gas companies and from 2026 could drop clients that fail to align with its plans to be net zero, the bank's chief executive t...

2 months ago - Reuters

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.

3 months ago - Seeking Alpha

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.

3 months ago - Seeking Alpha

52 Maybe Buy And Hold Stocks From August Dogcatcher Research

Screening for mid to large-caps, high (>2%) dividends, attractive or neutral rated, >5yr dividend history, positive cash flow stocks as of 8/12/24 data from YCharts revealed 52 potential buy to hold c...

3 months ago - Seeking Alpha

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...

4 months ago - Reuters

ING Groep N.V. (ING) Q2 2024 Earnings Call Transcript

ING Groep N.V. (NYSE:ING) Q2 2024 Earnings Conference Call August 1, 2024 3:00 AM ET Company Participants Steven van Rijswijk - CEO Tanate Phutrakul - CFO Ljiljana Cortan - Chief Risk Officer Confere...

4 months ago - Seeking Alpha

Europe's Markets Are Cheap. 4 Stocks to Play.

Nevertheless, its member economies are poised for a rebound.

4 months ago - Barrons

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...

5 months ago - PRNewsWire

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.

5 months ago - Reuters

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.

5 months ago - Reuters