ING Groep N.V. (ING)

NYSE: ING · IEX Real-Time Price · USD
13.56
-0.31 (-2.24%)
Feb 3, 2023, 4:00 PM EST - Market closed
-2.24%
Market Cap 49.23B
Revenue (ttm) 20.18B
Net Income (ttm) 4.24B
Shares Out 3.63B
EPS (ttm) 1.11
PE Ratio 12.79
Forward PE 7.96
Dividend $0.87 (6.40%)
Ex-Dividend Date Aug 8, 2022
Volume 6,222,301
Open 13.53
Previous Close 13.87
Day's Range 13.49 - 13.66
52-Week Range 8.14 - 15.97
Beta 1.76
Analysts Buy
Price Target 15.97 (+17.77%)
Earnings Date Feb 2, 2023

About ING

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and rev... [Read more]

Sector Financials
Founded 1991
Employees 58,000
Stock Exchange NYSE
Ticker Symbol ING
Full Company Profile

Financial Performance

In 2021, ING Group's revenue was 18.29 billion, an increase of 2.62% compared to the previous year's 17.82 billion. Earnings were 4.78 billion, an increase of 97.76%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 31 analysts, the average rating for ING stock is "Buy." The 12-month stock price forecast is $15.97, which is an increase of 17.77% from the latest price.

Price Target
$15.97
(17.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ING's CFO says net interest income momentum will continue to rise

Tanate Phutrakul, chief financial officer of ING, discusses its better than expected fourth-quarter net profit.

3 days ago - CNBC International TV

Hans Wijers to retire as ING Supervisory Board chairman

Hans Wijers to retire as ING Supervisory Board chairman

3 days ago - GlobeNewsWire

ING posts FY2022 net result of €3,674 million, proposed final 2022 dividend of €0.389 per share

ING posts FY2022 net result of €3,674 million,proposed final 2022 dividend of €0.389 per share

3 days ago - GlobeNewsWire

Worldline and ING Expand Card Partnership

Worldline has announced an extended card issuing and processing arrangement with ING. The French multinational payment company said in a Monday (Jan. 30) press release that it has signed a new multiye...

5 days ago - PYMNTS

5 High-Flying Stocks Set to Move Higher

The Finance Sector remains attractive in 2023.

Other symbols: HSBCIBKRNWG
2 weeks ago - Zacks Investment Research

ING completes share buyback programme; remaining €297 million cash to be paid to shareholders in January

ING completes share buyback programme; remaining € 297 million cash to be paid to shareholders in January

1 month ago - GlobeNewsWire

Progress on share buyback programme

Progress on share buyback programme

1 month ago - GlobeNewsWire

ING Group 2022 SREP process completed

ING Group has been notified of the European Central Bank (ECB) decision on the 2022 Supervisory Review and Evaluation Process (SREP), based on which it has taken a decision on ING's prudential require...

1 month ago - GlobeNewsWire

ING announces changes to Management Board Banking

ING announces changes to Management Board Banking

1 month ago - GlobeNewsWire

Fed's rate hike slowdown or potential 2023 cuts back gold price rally - ING

(Kitco News) - Gold is up nearly 8% in the last three months as markets are counting on the Federal Reserve to slow down its rate hike pace as inflation starts to cool. And this time around, the rally...

1 month ago - Kitco

ING reports outcome of 2022 EU-wide Transparency Exercise

ING reports outcome of 2022 EU-wide Transparency Exercise

2 months ago - GlobeNewsWire

Special [Radiance] Report: An e.l.f.ing Glow Storm is On the Way

NEW YORK--(BUSINESS WIRE)--#1 Gen Z favorite makeup brand* e.l.f. Cosmetics is kicking off the holidays with a first-of-its-kind digital campaign informed by insights from The Weather Channel® and b...

2 months ago - Business Wire

Gold price is not done falling, but 2023 outlook promises returns as Fed starts to ease - ING

(Kitco News) - Gold is still in danger of falling lower and giving up its recent gains, but the longer-term outlook is more constructive as the Federal Reserve shifts from tightening to easing next ye...

2 months ago - Kitco

ING announces change in Supervisory Board

ING announces change in Supervisory Board

3 months ago - GlobeNewsWire

ING announces share buyback programme of up to €1.5 billion

ING announces share buyback programme of up to € 1.5 billion

3 months ago - GlobeNewsWire

ING posts 3Q2022 net result of €979 million and announces additional distribution to shareholders

ING posts 3Q2022 net result of €979 million and announces additional distribution to shareholders

3 months ago - GlobeNewsWire

ING makes climate progress, calls for collaborative effort

ING makes climate progress, calls for collaborative effort

5 months ago - GlobeNewsWire

Investment bank ING slashes its oil price forecasts by 20%, as Russia pumps much more crude than expected

Russian oil production was expected to tumble this year, but the country has had little problem rerouting its supplies towards India and China.

6 months ago - Business Insider

Oil prices track perceived riskier assets lower; ING cuts forecasts on sticky Russian crude output

Oil prices fell Friday in step with losses for global equities and other perceived riskier assets, as investors fretted over the possibility of higher U.S. interest rates that could bring on a recessi...

6 months ago - Market Watch

Euro-dollar rate to drop to between $0.75 and $0.80 in coming months, ING analyst says

ING Senior Technical Analyst Roelof-Jan van den Akker makes bearish predictions on the EUR-USD rate.

6 months ago - CNBC International TV

Ray Dalio's Bridgewater cuts European short bet to under $1 billion

Bridgewater Associates, one of the biggest hedge funds in the world, has seemingly walked away from its big short bet

Other symbols: BBVASAN
6 months ago - Finbold

ING Second Quarter Profit Tops Estimates

Anju Abrol, chief executive officer and head of wholesale banking for APAC at ING Bank NV, discusses second quarter earnings, her outlook for the bank in the second half of the year and the firm's gro...

6 months ago - Bloomberg Markets and Finance

ING posts 2Q2022 net result of €1,178 million, supported by increased income and modest risk costs

ING posts 2Q2022 net result of €1,178 million, supported by increased income and modest risk costs

6 months ago - GlobeNewsWire

ING Leads $350 Million Syndicated Financing for Precious Metals Merchant Auramet

NEW YORK , July 27, 2022 /PRNewswire/ -- ING Capital LLC ("ING") led a $350 million syndicated financing on behalf of Auramet Trading and Auramet International (collectively, "Auramet"), a precious me...

6 months ago - PRNewsWire