How have ING shares performed this year?

ING Groep's stock was trading at $15.02 at the beginning of the year. Since then, ING stock has increased by 23.7% and is now trading at $18.5750. View the best growth stocks for 2024 here .

How were ING Groep's earnings last quarter?

ING Groep (NYSE:ING) announced its quarterly earnings results on Thursday, May, 2nd. The financial services provider reported $0.52 earnings per share for the quarter. The financial services provider had revenue of $6.06 billion for the quarter. ING Groep had a trailing twelve-month return on equity of 13.22% and a net margin of 32.20%.

What is Ralph Hamers' approval rating as ING Groep's CEO?

470 employees have rated ING Groep Chief Executive Officer Ralph Hamers on Glassdoor.com . Ralph Hamers has an approval rating of 86% among the company's employees.

Does ING Groep have any subsidiaries?

ING Groep subsidiaries include these companies: Intersoftware Group B.V, Payvision Holding B.V, Makelaarsland B.V., 3W Holding B.V., Oyak Emeklilik, Interhyp AG, CitiStreet, and others.

Who are ING Groep's major shareholders?

Top institutional investors of ING Groep include Bank of New York Mellon Corp (0.02%), Raymond James & Associates (0.02%), Boston Common Asset Management LLC (0.01%) and QRG Capital Management Inc..

How do I buy shares of ING Groep?

Shares of ING stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

What other stocks do shareholders of ING Groep own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ING Groep investors own include AT&T (T) , Pfizer (PFE) , Bank of America (BAC) , Gilead Sciences (GILD) , Verizon Communications (VZ) , Cisco Systems (CSCO) and General Electric (GE) .

NYSE:ING

ING Groep (ING) Stock Price, News & Analysis

$18.58

+0.22 (+1.20%)

(As of 07/26/2024 ET)

Compare

Today's Range: $18.33
▼
$18.58
50-Day Range: $16.42
▼
$18.65
52-Week Range: $12.44
▼
$18.66

Volume: 2.44 million shs
Average Volume: 2.60 million shs
Market Capitalization: $64.98 billion

P/E Ratio: 8.22
Dividend Yield: 7.43%
Price Target: N/A

Get ING Groep alerts:

ING Groep MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.13% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.19
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.42%
From $2.02 to $2.19 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.64 out of 5 stars

Finance Sector

552nd out of 898 stocks

Commercial Banks, Not Elsewhere Classified Industry

24th out of 27 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for ING Groep.
Read more about ING Groep's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
0.13% of the float of ING Groep has been sold short.
Short Interest Ratio / Days to Cover
ING Groep has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ING Groep has recently increased by 2.25%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
ING Groep is a leading dividend payer. It pays a dividend yield of 7.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ING Groep does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ING Groep is 61.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, ING Groep will have a dividend payout ratio of 63.01% next year. This indicates that ING Groep will be able to sustain or increase its dividend.
Read more about ING Groep's dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ING.

2.3

News and Social Media Coverage

News Sentiment
ING Groep has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for ING Groep this week, compared to 6 articles on an average week.
Search Interest
13 people have searched for ING on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added ING Groep to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ING Groep insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 4.49% of the stock of ING Groep is held by institutions.
Read more about ING Groep's insider trading history.

2.5

Earnings and Valuation

Earnings Growth
Earnings for ING Groep are expected to grow by 8.42% in the coming year, from $2.02 to $2.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ING Groep is 8.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of ING Groep is 8.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.
Price to Book Value per Share Ratio
ING Groep has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about ING Groep's valuation and earnings.

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About ING Groep Stock (NYSE: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 equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

ING Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ING Stock News Headlines

July 26 at 4:28 PM | finance.yahoo.com

ING Groep N.V. (AMS:INGA) is favoured by institutional owners who hold 52% of the company

July 24 at 2:52 PM | msn.com

UMG Q2 revenue beat offset by subscription and streaming headwinds

July 26, 2024 | American Hartford Gold Group (Ad)

Dave Ramsey Makes Big Mistake Live On Air

Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.

July 24 at 2:52 PM | oilprice.com

Oil Moves Higher on Crude, Fuel Inventory Draw

July 24 at 2:52 PM | msn.com

Oil Prices Edge up off Six-Week Lows

July 23 at 11:49 PM | barrons.com

Oil Steadies as Market Focus Turns to Fundamentals

July 23 at 5:42 AM | fxstreet.com

GBP: Barely 3% away from pre-Brexit vote levels – ING

July 21, 2024 | morningstar.com

ING Groep NV BRDR INGG34

July 26, 2024 | American Hartford Gold Group (Ad)

Dave Ramsey Makes Big Mistake Live On Air

July 20, 2024 | fxstreet.com

JPY: It’s getting interesting – ING

July 17, 2024 | americanbankingnews.com

ING Groep (NYSE:ING) Reaches New 12-Month High at $18.32

July 15, 2024 | seekingalpha.com

With Rate Cycle Benefits In The Rearview Mirror, Further Progress At ING Groep Will Be Harder

June 25, 2024 | prnewswire.com

ING to Provide Sustainability Linked Revolving Credit Facility for Lafayette Square

June 24, 2024 | seekingalpha.com

ING Groep N.V. 2024 Q1 - Results - Earnings Call Presentation

June 12, 2024 | reuters.com

ING to set up European investment bank hub in Madrid, Cinco Dias says

May 29, 2024 | msn.com

Gold prices make minor gain

May 29, 2024 | barrons.com

Asian Markets Retreat On US Rate Concerns, Oil Rallies After Attack

May 28, 2024 | msn.com

Goldman Sachs hikes oil demand outlook, sees peak at least a decade away

See More Headlines

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Company Calendar

Ex-Dividend for 5/10 Dividend: 4/24/2024
Last Earnings: 5/02/2024
Dividend Payable: 5/10/2024
Today: 7/26/2024
Next Earnings (Estimated): 8/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: Banking
Current Symbol: NYSE:ING
CUSIP: N/A
CIK: 1039765
Web: www.ing.com
Phone: (120) 563-9111
Fax: N/A
Employees: 46,000
Year Founded: 1991

Profitability

EPS (Most Recent Fiscal Year): $2.26
Trailing P/E Ratio: 8.22
Forward P/E Ratio: 9.20
P/E Growth: N/A
Net Income: $4.48 billion
Net Margins: 32.20%
Pretax Margin: 11.11%
Return on Equity: 13.22%
Return on Assets: 0.71%

Debt

Debt-to-Equity Ratio: 2.68
Current Ratio: 1.12
Quick Ratio: 1.12

Sales & Book Value

Annual Sales: $24.43 billion
Price / Sales: 2.66
Cash Flow: $2.49 per share
Price / Cash Flow: 7.45
Book Value: $17.21 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 3,498,190,000
Free Float: N/A
Market Cap: $64.98 billion
Optionable: Optionable
Beta: 1.54

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Key Executives

Mr. Steven J. A. van Rijswijk (Age 54)
CEO and Chairman of the Executive Board & Management Board Banking
Comp: $2.79M
Mr. Tanate Phutrakul (Age 59)
CFO and Member of the Executive Board & Management Board Banking
Comp: $1.97M
Ms. Ljiljana Cortan (Age 53)
Chief Risk Officer and Member of the Executive Board & Management Board Banking
Comp: $2.08M
Ms. Pinar Abay (Age 47)
Head of Retail, Market Leaders, Challengers & Growth Markets and Member of Management Board Banking
Mr. Andrew John Milton Bester (Age 59)
Head of Wholesale Banking and Member of the Executive Board & Management Board Banking
Mr. Marnix van Stiphout (Age 54)
CTO, COO, Chief Transformation Officer & Member of Management Board Banking
Mr. Erwin H. M. Olijslager
Principal Accounting Officer
Mr. Han-Tsung Ho
Executive Director
Rob Van Veldhuizen
Head of Corporate Finance Benelux
Mr. Sjoerd Miltenburg
Head of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy ING Groep Stock? ING Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ING Groep:

ING Groep N.V. provides various banking products and services in multiple countries, offering diversification opportunities for investors.
Recent developments in the company's Retail and Wholesale Banking segments have shown strong growth potential, indicating positive future prospects.
The current stock price of ING is favorable, making it an attractive entry point for investors looking for value.
ING Groep has a strong track record of financial stability and sound management practices, instilling confidence in investors.
The company's focus on digital innovation and technology integration in its banking services positions it well for future growth in the industry.

Cons

Investors should be bearish about investing in ING Groep for these reasons:

While the company has shown growth potential, there may be regulatory challenges in the banking sector that could impact ING's operations and profitability.
Market volatility and economic uncertainties could affect ING Groep's performance, leading to potential risks for investors.
Competition in the banking industry is intense, and ING may face challenges in maintaining its market position against other major players.
Changes in interest rates and global economic conditions could impact ING's revenue streams and financial performance.
Investors should closely monitor any geopolitical risks that may affect ING Groep's international operations and expansion plans.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these ING Groep pros and cons to contact@marketbeat.com.

ING Stock Analysis - Frequently Asked Questions

How have ING shares performed this year?: ING Groep's stock was trading at $15.02 at the beginning of the year. Since then, ING stock has increased by 23.7% and is now trading at $18.5750.
View the best growth stocks for 2024 here.
How were ING Groep's earnings last quarter?: ING Groep (NYSE:ING) announced its quarterly earnings results on Thursday, May, 2nd. The financial services provider reported $0.52 earnings per share for the quarter. The financial services provider had revenue of $6.06 billion for the quarter. ING Groep had a trailing twelve-month return on equity of 13.22% and a net margin of 32.20%.
What is Ralph Hamers' approval rating as ING Groep's CEO?: 470 employees have rated ING Groep Chief Executive Officer Ralph Hamers on Glassdoor.com. Ralph Hamers has an approval rating of 86% among the company's employees.
Does ING Groep have any subsidiaries?: ING Groep subsidiaries include these companies: Intersoftware Group B.V, Payvision Holding B.V, Makelaarsland B.V., 3W Holding B.V., Oyak Emeklilik, Interhyp AG, CitiStreet, and others.
Who are ING Groep's major shareholders?: Top institutional investors of ING Groep include Bank of New York Mellon Corp (0.02%), Raymond James & Associates (0.02%), Boston Common Asset Management LLC (0.01%) and QRG Capital Management Inc..
How do I buy shares of ING Groep?: Shares of ING stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
What other stocks do shareholders of ING Groep own?: Based on aggregate information from My MarketBeat watchlists, some other companies that ING Groep investors own include AT&T (T), Pfizer (PFE), Bank of America (BAC), Gilead Sciences (GILD), Verizon Communications (VZ), Cisco Systems (CSCO) and General Electric (GE).