ING Groep N.V. (ETR: INN1)
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]
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 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...
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.
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...
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...
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...
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...
ING Groep: Big Shareholder Yield, Sluggish EPS Growth, Downbeat P/E
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...
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.
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...
ING Groep N.V. 2024 Q3 - Results - Earnings Call Presentation
The following slide deck was published by ING Groep N.V.
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...
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.
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.
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.
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...
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...
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.
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...
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.
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.
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.
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.
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...
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.