ING Groep N.V. (ING)
| Market Cap | 52.61B |
| Revenue (ttm) | 24.08B |
| Net Income (ttm) | n/a |
| Shares Out | 3.50B |
| EPS (ttm) | 2.10 |
| PE Ratio | 8.39 |
| Forward PE | 6.73 |
| Dividend | $0.88 (5.86%) |
| Ex-Dividend Date | Aug 11, 2023 |
| Volume | 1,933,176 |
| Open | 15.05 |
| Previous Close | 15.01 |
| Day's Range | 14.95 - 15.07 |
| 52-Week Range | 11.00 - 15.22 |
| Beta | 1.69 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 1, 2024 |
About ING
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, 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. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loan... [Read more]
Financial Performance
In 2022, ING Groep's revenue was 29.00 million, a decrease of -99.84% compared to the previous year's 18.29 billion. Earnings were 3.67 billion, a decrease of -23.07%.
Financial numbers in EUR Financial StatementsNews
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.
ING takes next steps on energy financing after COP28
ING takes next steps on energy financing after COP28 Phase-out of upstream oil & gas financing by 2040 Aim to triple renewables financing by 2025 ING announced today it is taking the next steps in our...
ING to ditch upstream oil and gas by 2040, triple renewables - CEO
LONDON, Dec 20 (Reuters) - Dutch lender ING (INGA.AS) will stop financing oil and gas exploration and production by 2040 and triple new lending to renewable energy over the next two years as part of a...
ING reports outcome of 2023 EU-wide Transparency Exercise
ING reports outcome of 2023 EU-wide Transparency Exercise ING Groep N.V. notes the announcements made today by the European Banking Authority and the European Central Bank (ECB) regarding the informat...
ING Group 2023 SREP process completed
ING Group 2023 SREP process completed ING Group has been notified of the European Central Bank decision on the 2023 Supervisory Review and Evaluation Process (SREP), based on which it has taken a deci...
The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says
The Federal Reserve is poised to cut interest rates six times in 2024, according to ING Economics. The interest rate cuts will be in response to a slowing US economy.
German budget crisis: The economy is structurally weak, ING says
Carsten Brzeski of ING says "it needs a lot of structural transitions, but that is something the constitutional debt brake has not foreseen."
Investors will want to own gold as ‘America faces a debt reckoning' - Maison Placements Canada's John Ing
(Kitco News) - One of Toronto's oldest boutique investment firms is warning investors that gold could be a good asset to own as the world faces significant threats in the coming months and years.
The 'dollar's long goodbye' means the no-brainer trade will end in 2024 as other currencies rise, ING says
The dollar's bullish run is set to run its course in 2024, ING analysts wrote on Wednesday. As a recession kicks in next year, the Fed will cut interest rates by 150 basis points.
ING Groep CFO: Strong Capital Position Allows to Conduct Buyback
ING Groep NV Chief Financial Officer Tanate Phutrakul discusses the lender's financial results, outlook and strategy. The Netherlands' largest bank announced a fresh buyback program as higher interest...
ING announces new buyback programme, Q3 net profit beats estimates
ING Groep , the largest Dutch bank, on Thursday announced its second share buyback programme of the year, of up to 2.5 billion euros ($2.65 billion), following third-quarter net profits that more than...
ING announces share buyback programme of up to €2.5 billion
ING announces share buyback programme of up to €2.5 billion ING announced today a share buyback programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amou...
ING posts 3Q2023 net result of €1,982 million, driven by strong income in both Retail and Wholesale Banking
ING posts 3Q2023 net result of €1,982 million, drivenby strong income in both Retail and Wholesale Banking Profit before tax increases significantly year-on-year to €2,866 million; CET1 ratio rises to...
Görkem Köseoğlu to step down from ING Management Board Banking
Görkem Köseoğlu to step down from ING Management Board Banking ING announced today that Görkem Köseoğlu will step down from his position as chief technology officer and member of the Management Board ...
ING completes share buyback programme
ING completes share buyback programme ING announced today that it has completed the share buyback programme which was announced on 11 May 2023. The total number of shares repurchased under the program...
It is 'unwise' for governments to interfere in bank interest rates, ING CEO says
ING CEO Stephen van Rijswijk discusses the responsibility of banks in the current climate and whether or not governments should intervene.
ING appoints Sjoerd Miltenburg as Head of Investor Relations
ING appoints Sjoerd Miltenburg as Head of Investor Relations ING today announced the appointment of Sjoerd Miltenburg (40) as its new Head of Investor Relations. He succeeds Mark Milders, who was made...
ING publishes 2023 Climate Report
ING publishes 2023 Climate Report ING today published its annual Climate Report. This report explains how our financing impacts climate change, as well as how climate change impacts our business.
Dutch bank ING urges policy shift to help it hit climate targets
Governments must set tougher rules to aid the decarbonisation of real estate and other sectors, ING's CEO said, warning that the Dutch bank will otherwise struggle to hit its climate targets.
Here's why the ING Bank share price has fallen to a key support
ING Group (AMS: INGA) share price nosedived on Friday, becoming one of the worst-performing European bank stocks. The shares crashed to a low of €12.43, the lowest level it has been since August 2nd.
The pace of wage inflation is starting to slow, ING CFO says
ING CFO Tanate Phutrakul discusses the bank's quarterly earnings and the outlook for its performance.
ING posts 2Q2023 net result of €2,155 million with strong income growth and low risk costs
ING posts 2Q2023 net result of €2,155 million with strong income growth and low risk costs Profit before tax increases significantly to €3,035 million in 2Q2023; CET1 ratio rises to 14.9% • Good int...
ING appoints Görkem Köseoğlu as chief technology officer and member of the Management Board Banking
ING appoint s G ö rkem K ö seo ğ lu as chief tech nology officer and member of the Management Board Banking
ING Groep suing Chinese copper trader He Jinbi over unpaid debt - Bloomberg
Dutch bank ING Groep NV is suing Chinese copper trader and Maike Metals International Co founder He Jinbi over more than $147 million in payments owed by Maike's trading arm Triway International Ltd, ...
Nur Ink Innovations welcomes Dr.-Ing. Christian Compera and commends his appointment as a senior strategic consultant
Dr.-Ing. Compera, who will serve as a senior strategic & business development consultant, until recently served as the General Manager of the Industrial Printing Solutions division at The Ricoh Compan...