ING Groep N.V. (ETR: INN1)

Germany flag Germany · Delayed Price · Currency is EUR
14.71
-0.17 (-1.13%)
Dec 20, 2024, 5:35 PM CET
7.56%
Market Cap 45.86B
Revenue (ttm) 17.21B
Net Income (ttm) 3.65B
Shares Out n/a
EPS (ttm) 1.11
PE Ratio 12.56
Forward PE n/a
Dividend 1.11 (7.42%)
Ex-Dividend Date Aug 5, 2024
Volume 69,067
Open 14.76
Previous Close 14.88
Day's Range 14.60 - 14.77
52-Week Range 11.91 - 17.23
Beta 1.58
Analysts n/a
Price Target n/a
Earnings Date Feb 6, 2025

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 Deutsche Börse Xetra
Ticker Symbol INN1
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

ING Is Said to Hire Ex-BNP Kevin Sim as Head of Asia FIG Deals

ING Groep NV has hired Kevin Sim, most recently of BNP Paribas SA, as head of its financial institutions advisory practice in Asia Pacific, as the Dutch bank seeks to beef up its investment banking te...

1 day ago - BNN Bloomberg

Dutch See Insufficient Evidence to Prosecute Ex-UBS CEO Hamers

Ralph Hamers, the former chief executive officer of Swiss lender UBS Group AG and Dutch lender ING Groep NV, can start looking past a long legal case in the Netherlands.

3 days ago - BNN Bloomberg

Dutch prosecutors drop cases against former ING, ABN Amro executives

Dutch prosecutors said on Wednesday they will not attempt to prosecute former executives of the Netherlands' two biggest banks following a lengthy investigation into whether they bore criminal respons...

3 days ago - Reuters

Gold To Shine Bright In 2025 As Top Investment Bank Predicts Bullish Outlook Amid Trade Tensions

As the global commodity market braces for a challenging 2025, ING Group NV forecasts a bullish outlook for gold amid potential trade tensions between the U.S. and China. What Happened : ING Group NV a...

9 days ago - Benzinga

ING Group 2024 SREP process completed

ING Group has been notified of the European Central Bank (ECB) decision on the 2024 Supervisory Review and Evaluation Process (SREP), based on which it has taken a decision on ING's prudential require...

9 days ago - GlobeNewsWire

ING names economist for Asia Pacific

ING Group N.V. announced last Wednesday the appointment of Deepali Bhargava as the new head of research and chief economist for Asia Pacific. Bhargava succeeds Robert Carnell, who led ING’s Research t...

17 days ago - BusinessMirror

ING Braces for Trump Fallout as Tariffs Cloud Trade Outlook

ING Groep NV is preparing for fallout from US President-elect Donald Trump’s pledge to place tariffs on foreign goods, underscoring how geopolitical developments increasingly impact lenders across the...

25 days ago - BNN Bloomberg

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.

5 weeks 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...

6 weeks ago - Seeking Alpha

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

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

7 weeks 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...

7 weeks 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.

7 weeks 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.

7 weeks 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.

7 weeks 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...

7 weeks 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...

7 weeks 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.

2 months 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...

2 months 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.

3 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.

3 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.

3 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.

3 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...

3 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.

4 months ago - Seeking Alpha