ING Groep N.V. (ING)

NYSE: ING · Real-Time Price · USD
18.57
-0.06 (-0.33%)
Sep 20, 2024, 10:39 AM EDT - Market open
-0.33%
Market Cap 58.93B
Revenue (ttm) 20.98B
Net Income (ttm) 5.78B
Shares Out 3.24B
EPS (ttm) 1.69
PE Ratio 10.20
Forward PE 8.50
Dividend $1.20 (6.43%)
Ex-Dividend Date Aug 8, 2024
Volume 344,217
Open 18.71
Previous Close 18.63
Day's Range 18.54 - 18.72
52-Week Range 12.45 - 18.72
Beta 1.58
Analysts Buy
Price Target n/a
Earnings Date Oct 31, 2024

About ING

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 1991
Employees 59,434
Stock Exchange NYSE
Ticker Symbol ING
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 numbers in EUR Financial Statements

News

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...

1 day ago - Reuters

ING Groep: There Are Better Income Alternatives In The European Banking Sector

ING Groep N.V. reported Q2 earnings showing rates are now a headwind for growth, leading to a premium valuation. Despite strong fundamentals and high dividend yield, ING's revenue decline and cost pre...

4 weeks 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...

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5 weeks 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...

7 weeks 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...

7 weeks ago - Seeking Alpha

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

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7 weeks 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...

3 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.

3 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.

3 months ago - Reuters

Yields Of More Than 9%: My Top 10 High Dividend Yield Companies For June 2024

The inclusion of high dividend yield companies is important when building a dividend portfolio that aims to generate a passive and sustainable income stream. You should carefully select your high divi...

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4 months ago - Seeking Alpha

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...

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4 months ago - Invezz

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.

5 months ago - CNBC International TV

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.

5 months ago - WSJ

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.

5 months ago - GlobeNewsWire

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.

5 months ago - Invezz

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...

6 months ago - Invezz

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...

7 months ago - GlobeNewsWire

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...

8 months ago - Reuters

ING Groep NV (ING) Q4 2023 Earnings Call Transcript

ING Groep NV (ING) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

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.

8 months ago - Reuters

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.

8 months ago - Reuters

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.

8 months ago - Forbes

46 Ideal 2024 Fortune And Barron's DiviDogs

In December 2023 - January 2024, Barron's/Fortune analysts-reporters combined to list three sets of stocks: (1) Top 100 of first-ever Euro Fortune 500; (2) 13 Inflation-Proof 2024 stocks; (3) Barron's...

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9 months ago - Seeking Alpha

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.

9 months ago - Reuters