ING Group is a multinational banking and financial services company with its roots dating back to the 19th century.
The company was founded in 1764 in the Netherlands as a small credit society, and has since grown into one of the largest banks in the world.
ING Group has a significant presence in 40 countries, with over 53,000 employees working across various business segments.
Its shares are listed on the Euronext Amsterdam stock exchange, under the ticker symbol ING.
Related reading: Ing Direct Wikipedia
Valuation and Performance
ING Group stock has had its ups and downs, with a 1-day performance of -0.35% and a 1-week performance of +0.88%.
The stock's performance over the past few months has been relatively stable, with a 3-month performance of +2.18%. However, its 6-month performance has taken a hit, with a decrease of -5.86%.
Here are some key valuation metrics for ING Group stock:
In terms of revenue, ING Group's 2023 revenue was 17.63 billion, a decrease of -40.09% compared to the previous year's 29.42 billion.
Valuation:
Valuation is a crucial aspect of assessing a company's performance and potential. The ING Groep N.V. valuation metrics show a significant range in capitalization, from 41.64B to 82.24B.
The P/E ratio in 2024 is 8.01x, indicating a relatively high valuation multiple. In contrast, the P/E ratio in 2025 is expected to be 7.89x.
The enterprise value of ING Groep N.V. also varies, ranging from 41.64B to 8,095B. The EV/Sales ratio in 2024 and 2025 is 2.2x, suggesting a stable valuation multiple.
A notable aspect of ING Groep N.V.'s valuation is the free-float, which is not specified. The yield in 2024 is 6.78%, while the yield in 2025 is expected to be 6.56%.
For your interest: Ing Banking Netherlands
Quotes and Performance
Let's take a closer look at ING Groep's performance over time. Their revenue in 2023 was 17.63 billion, a decrease of -40.09% compared to the previous year's 29.42 billion.
ING Groep's revenue has shown some fluctuations over the years, but their current month performance is a standout with a gain of +5.88%. This is a significant improvement from their 1-day performance, which showed a loss of -0.35%.
Here's a breakdown of ING Groep's performance over different time periods:
Looking at their recent stock prices, we can see that on January 27, 2025, the price was 16.02 €, with a change of +0.02%.
We Are Comfortable Regardless of Interest Rates
ING's CFO, Tanate Phutrakul, is confident in the bank's ability to perform well in any interest rate environment.
A banking union is necessary for competitiveness in European banking, according to ING's CFO.
This confidence stems from ING's diversified business model, which allows it to adapt to changing economic conditions.
ING's commitment to a banking union suggests a focus on long-term stability and growth, rather than short-term gains.
Recommended read: A Credit Union Is a Financial Institution
Company Information
ING Group is a Dutch multinational banking and financial services company. It was founded in 1768.
ING Group is headquartered in Amsterdam, Netherlands. The company has a long history of innovation and has been a leader in the banking industry for over two centuries.
ING Group offers a wide range of financial services, including personal banking, commercial banking, and investment services. Its products and services are available in 40 countries worldwide.
ING Group has a strong presence in Europe, with a significant presence in countries such as the Netherlands, Belgium, and Germany.
Recommended read: Fis Banking Solutions Uk Limited
News and Events
ING Group has a history of releasing earnings reports on a quarterly basis. The most recent reports were for Q3 2024, Q2 2024, and Q1 2024, with actual earnings per share (EPS) of 0.590 EUR, 0.540 EUR, and 0.480 EUR respectively.
The company's quarterly earnings reports are typically released in the following months: February, May, August, and November. For example, the Q4 2023 earnings report was released on February 1, 2024, with actual EPS of 0.450 EUR.
Here are some key upcoming events for ING Group, based on their calendar:
ING Group has also made headlines recently, with various news articles mentioning their stock performance and analyst ratings. For example, JP Morgan gave ING GROEP N.V. a Buy rating on January 22.
Latest News:
European banks are rewarding their shareholders, with ING Groep N.V. being a notable example. ING Groep N.V. has been the subject of various analyst ratings and buybacks in recent weeks.
ING Groep N.V. has received a Buy rating from JP Morgan, as well as from UBS, which has given the company a Buy rating twice in the past week. This suggests that analysts are optimistic about the company's future prospects.
ING Groep N.V. has also been actively buying back its shares, with 3.22 million shares bought back last week and 5.5 million shares bought back the week before. This could be a sign that the company is confident in its financial position and wants to return value to its shareholders.
Here is a list of some of the key analyst ratings and buybacks for ING Groep N.V. in recent weeks:
ING Groep N.V. has also been making headlines with its share buybacks, which could be a sign that the company is confident in its financial position.
Calendar
The ING Group Calendar is a valuable tool for staying up-to-date on the company's upcoming events.
The Q4 2024 Earnings Report is scheduled for February 6, 2025, with an estimated earnings per share of 0.401 EUR.
The Annual General Meeting is set to take place on April 22, 2025, with no estimated earnings per share.
The Q1 2025 Earnings Report has no estimated earnings per share and is scheduled for May 2, 2025.
The Q2 2025 Earnings Report is expected to have earnings per share of 0.511 EUR and is scheduled for July 31, 2025.
Here's a summary of the upcoming events:
Analysts and Recommendations
ING Group stock has received various analyst recommendations in recent times. JP Morgan gives a Buy rating to ING Groep N.V.
Several analysts have weighed in on ING Groep N.V., with UBS giving a Buy rating and Goldman Sachs reiterating its Neutral rating.
ING Groep N.V. has received a Neutral rating from Deutsche Bank as well. The analysts' recommendations are as follows:
Analysts' Recommendations
Analysts' Recommendations can be a valuable tool for investors looking to make informed decisions. Analysts at various firms have weighed in on ING Groep N.V., a Dutch multinational banking and financial services company.
JP Morgan gives a Buy rating to ING Groep N.V. Analysts at UBS have also given ING Groep N.V. a Buy rating.
Goldman Sachs has reiterating its Neutral rating for ING Groep N.V. Deutsche Bank has also given ING Groep N.V. a Neutral rating.
ING Groep N.V. has received multiple ratings from various analysts. Here's a breakdown of the ratings:
EUR Estimates
EUR Estimates are a crucial aspect of understanding a company's financial prospects. Analysts provide estimates for key financial metrics, giving investors a glimpse into the company's future performance.
The number of analysts providing estimates for ING Group's earnings is 7 for the current year ending 12/31/25, 4 for the next quarter ending 06/30/25, and 15 for the next year ending 12/31/26. Their average estimates are 2.005 EUR for the current year, 0.511 EUR for the next quarter, and 2.299 EUR for the next year.
The average earnings estimate for the current year ending 12/31/25 is 2.005 EUR, which is higher than the 0.401 EUR average estimate for the previous quarter. This suggests that analysts are optimistic about ING Group's future earnings.
Here is a summary of the average earnings estimates for ING Group:
Analysts also provide estimates for revenue, with 14 analysts providing estimates for the next year ending 12/31/26, and an average estimate of 23,513 EUR. This is higher than the 22,513 EUR average estimate for the current year.
Frequently Asked Questions
Is ING a good stock to buy?
ING stock holds buy signals from short and long-term Moving Averages, but a general sell signal is present due to the long-term average being above the short-term average. This mixed signal may warrant further analysis before making a buying decision
Is ING owned by Capital One?
Capital One acquired ING Direct USA in 2012, but ING itself is no longer owned by Capital One as it sold its shares later that year. However, the legacy of ING Direct USA lives on as part of Capital One.
Why is ING stock up?
ING stock is up due to a significant increase in net profit, driven by higher fee income and lower risk costs
Is ING Bank the same as the ING Bank NV?
ING Bank and ING Bank N.V. are essentially the same entity, with ING Bank N.V. being the parent company of ING Bank.
Who is ING Group owned by?
ING Group is a subsidiary of no other entity, as it is a multinational bank itself. However, ING in Australia is a subsidiary of the ING Group.
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