ING Groep N.V.

Report azionario NYSE:ING

Capitalizzazione di mercato: US$88.0b

ING Groep Performance degli utili passati

Criteri Il passato verificati 4/6

Gli utili di ING Groep sono diminuiti a un tasso medio annuo di -0.3%, mentre il settore Banks ha visto gli utili crescere a un tasso medio annuo di 2.8%. I ricavi sono cresciuti crescere a un tasso medio annuo di 1.4%. Il ritorno sul capitale proprio di ING Groep è 16.7% e ha margini netti di 34.2%.

Informazioni chiave

-0.27%

Tasso di crescita degli utili

5.11%

Tasso di crescita dell'EPS

Banks Crescita del settore11.18%
Tasso di crescita dei ricavi1.42%
Rendimento del capitale proprio16.68%
Margine netto34.23%
Prossimo aggiornamento sugli utili30 Jul 2026

Aggiornamenti sulle prestazioni recenti

Recent updates

Seeking Alpha Apr 13

ING Groep: I Like The Stock, But Not At This Price

Summary ING Groep N.V. updated its guidance, providing a stable outlook, reiterating income and cost guidance despite macro uncertainties. ING trades at 1.4x book value, reflecting a targeted ROTE of 14% for 2026; the current valuation appears fair. Dividend yield remains attractive at ~5%, with potential for further buybacks pending the Q1 results update on April 30. I maintain a Hold rating as upside depends on ING increasing profitability amid economic and geopolitical risks. Read the full article on Seeking Alpha
Seeking Alpha Feb 19

ING Groep: An Ambitious ROE Target Of Over 14% For 2027

Summary If we exclude the volatile Other income category, ING Groep relies on net interest income for 79% of its revenues - a key concern during ECB monetary policy normalization. Lower NII and a normalizing cost of risk resulted in ING reporting a return on equity of 13% in 2024, below the exceptional 14.8% result in 2023. The bank's ROE is forecast at above 12% in 2025, impacted by higher costs and the ongoing effects of ECB rate cuts on NII. Looking ahead to 2027, ING expects ROE to improve to over 14%, driven by business growth and higher net commission income, as well as a smaller capital buffer. While not prohibitively expensive relative to broad European or U.S. financial ETFs, I think ING is still a Hold given the near-term impact of Russia's exit and stiff competition for commission income. Read the full article on Seeking Alpha
Seeking Alpha Feb 07

ING Groep: So-So Q4 Results, But Shares Still Offer An Attractive Total Yield

Summary Shares of ING Groep N.V. have been pretty soft since my last update, trailing the wider European financials space. Fourth quarter net income missed sell-side expectations, with lower Eurozone interest rates weighing on the bank's deposit margin. The core capital returns story remains in place here - with 2025 set to be another bumper year for dividends and buybacks. Read the full article on Seeking Alpha
Seeking Alpha Nov 28

ING Groep: Big Shareholder Yield, Sluggish EPS Growth, Downbeat P/E

Summary I maintain a buy rating on ING Groep due to its undervaluation, despite technical risks and modest earnings growth expectations. ING's Q3 2024 performance showed strong ROE, CET1 ratio, and a 17% shareholder return, with a forward dividend yield of 7.8%. The bank's revenue and EPS growth are forecasted to be modest, justifying a low P/E multiple, but shares trade below book value. Key risks include sluggish Euro Area growth, unfavorable interest rates, and potential global macroeconomic slowdown impacting ING's outlook. Read the full article on Seeking Alpha
Seeking Alpha Oct 31

ING Groep: Mixed Q3 But Welcome Progress On Capital Returns

Summary ING Groep N.V. reported third-quarter earnings today, beating consensus on the bottom line. The bank announced an extra €2.5 billion in capital returns to shareholders, with its capital ratio slowly working its way toward management's 2025 target. The stock has dipped back below tangible book value. With the bank's return on tangible equity still comfortably in the double digits, the valuation remains attractive. Read the full article on Seeking Alpha
Seeking Alpha Aug 21

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

Summary 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 pressures make it less attractive for investment. ING's profitability is expected to decline in the near future, with uncertain macroeconomic conditions potentially impacting earnings growth. Read the full article on Seeking Alpha
Seeking Alpha Jul 15

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

Summary ING Groep's restructuring efforts paid off in 2023, as the bank leveraged higher rates to generate better core earnings and outperform its sector. Second quarter results should be positive, with potential upside in revenue from both net interest income and core fees, but opex is a key watch item. Management has set ambitious growth targets; loans will have to grow around 4%, and fees will have to grow around 7%-8% to meet targets, and that could prove too ambitious. ING is in a position to return substantial amounts of capital to shareholders, but I could see a limited amount of capital going toward M&A to boost fee-generating businesses. I still believe ING Groep is a top-tier bank, but I struggle to drive a truly comparing fair value unless the bank can meaningfully outperform my long-term 3% core growth expectations. Read the full article on Seeking Alpha
Seeking Alpha May 03

ING Groep: Strong Capital Returns Ahead

Summary ING Groep remains an interesting income pick in the European banking sector due to its excess capital position. The benefit of high interest rates is likely to have reached its peak for ING. ING's recent financial performance has been supported by rising interest rates, but its net interest income is expected to decline in the future. Read the full article on Seeking Alpha
Seeking Alpha Feb 02

ING: Still Too Cheap Despite Disappointing Results

Summary ING has underperformed since prior coverage, with weak Q4 2023 results and 2024 guidance driving a big chunk of that. Though net interest income will be weaker than anticipated, the bank should still post solid profitability even assuming modestly lower interest rates and more normal levels of provisioning. Relative to tangible book value, these shares are cheaper than when interest rates were zero, which continues to look puzzling given the bank's step-up in profitability. Catalysts for a re-rate are admittedly few, though capital returns potential remains compelling through 2025. Read the full article on Seeking Alpha
Seeking Alpha Jan 24

ING Groep: Options Can Boost Your Returns As The ECB Is Set To Cut Rates

Summary ING's net interest income was boosted by ECB rate hikes, with a confluence of factors likely making 2023 a peak for the bank's profitability. The ECB is set to start cutting rates, impacting ROE by between 0.9% and 2.7% depending on the magnitude of the cuts. With expected rate cuts, ING's net interest income will decrease, but the 12% ROE target seems sustainable. Selling covered calls can be a way to generate extra income. The main risk to the covered call strategy is a recession accompanied, with 0% interest rates, severely impacting ING's net interest income. Read the full article on Seeking Alpha
Seeking Alpha Dec 24

ING Groep: A European Dividend Standout, Buying Back Stock

Summary European stocks offer a potentially better value compared to the US market, with the Euro Area trading at just 12.3 times NTM EPS estimates. ING Groep is a European bank that has performed well recently, with strong Q3 earnings, a 2.5 billion euro buyback program, and a yield north of 5%. ING has attractive valuation metrics, with a high dividend yield and potential for future growth. Technical indicators suggest a bullish breakout potential. Read the full article on Seeking Alpha
Seeking Alpha Nov 21

Dutch Bank ING Groep Roars With Strong Buy Rating And 5.4% Dividend Yield

Summary ING and its ADR trading in the US gets Strong Buy rating, in line with Wall Street consensus. Some positives include 5.4% dividend yield and growth, earnings and revenue growth, and a price return beating the S&P 500 index. The risk of loan loss provisions is on the decline. The firm is a global banking sector leader with 37MM customers. Read the full article on Seeking Alpha
Seeking Alpha Sep 01

ING Groep: The Market Is Skeptical Of Its Earnings Power

Summary Higher Eurozone base rates and stable levels of bad debt have landed ING in a sweet spot after years of chronically low earnings. The bank is now generating a strong double-digit return on tangible equity yet the market continues to price these shares below tangible book value. A return to the levels of earnings power seen in the past decade is something to consider, but even so these shares would remain inexpensive. Read the full article on Seeking Alpha
Seeking Alpha Jun 22

ING Groep Is Another Buy Opportunity

Summary ING Groep reported solid profit thanks to net interest income development, lower regulatory costs, and low provisions. The bank announced a €1.5 billion buyback, but we are forecasting a higher share repurchase program. We see solid progress towards ING's 2025 financial targets. The company is now a buy. Read the full article on Seeking Alpha
Seeking Alpha May 26

ING Groep: High-Dividend Yield Stock For Income Investors

Summary ING Groep is one of the best European banks due to strong fundamentals, an excess capital position, and a high-dividend yield. The rising interest rate environment is a strong support for earnings and dividend growth. ING offers a high-dividend yield that is sustainable over the long term. Read the full article on Seeking Alpha
Seeking Alpha Feb 02

ING Group reports Q4 results

ING Group press release (NYSE:ING): Q4 Total income of €4.87B, up 5% from last year. Net interest income of €3.86B (+17% Y/Y). The net interest margin was 1.36%. Investment income was fl at year-on-year at €15 million and lower sequentially. Net core deposits growth – which excludes FX impacts and movements in Treasury deposits as well as in the run-off portfolios – was €7.2 billion in 4Q2022. Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income Higher net interest income, as a further increase in liability margins helped off set TLTRO impact this quarter Risk costs declined to 17 bps of average customer lending

Ripartizione dei ricavi e delle spese

Come ING Groep guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.


Storico di utili e ricavi

NYSE:ING Ricavi, spese e utili (EUR Millions )
DataRicaviUtiliSpese G+ASpese di R&S
31 Mar 2624,6148,4257,8690
31 Dec 2524,4598,3247,8690
30 Sep 2520,0395,0137,6250
30 Jun 2519,5944,7937,8870
31 Mar 2520,0545,2117,6250
31 Dec 2420,0545,3347,4610
30 Sep 2417,2083,6507,0930
30 Jun 2419,5755,3907,0850
31 Mar 2417,5364,1277,0930
31 Dec 2317,6274,1407,0130
30 Sep 2334,05515,2686,4820
30 Jun 2323,0397,5876,8570
31 Mar 2331,29413,2886,4820
31 Dec 2229,42312,1266,4820
30 Sep 2226,54910,8439,3650
30 Jun 2227,10511,2319,3650
31 Mar 2217,0364,2006,2450
31 Dec 2119,5065,9516,2460
30 Sep 2117,7144,5601,7940
30 Jun 2116,9243,9813,0570
31 Mar 2115,6482,8206,1460
31 Dec 2014,6072,2506,1470
30 Sep 2013,7541,7596,2250
30 Jun 2016,6384,0436,4240
31 Mar 2015,5243,4546,2370
31 Dec 1917,1084,7816,1460
30 Sep 1917,6165,2316,0890
30 Jun 1916,5643,8145,7090
31 Mar 1917,5484,6556,1230
31 Dec 1817,5214,7035,8220
30 Sep 1817,5374,4465,9640
30 Jun 1818,0485,6046,0970
31 Mar 1817,2024,9876,0330
31 Dec 1717,7935,4645,6570
30 Sep 1717,6734,9675,7530
30 Jun 1717,0884,6145,8250
31 Mar 1717,3644,9265,7570
31 Dec 1616,9284,5345,7530
30 Sep 1615,8274,2765,7210
30 Jun 1616,3634,7925,6370
31 Mar 1615,4164,0475,6820
31 Dec 1515,5914,4665,6710
30 Sep 1515,2453,8375,6270
30 Jun 1515,2563,8955,6220

Guadagni di qualità: ING ha guadagni di alta qualità.

Margine di profitto in crescita: Gli attuali margini di profitto netti di ING (34.2%) ING sono più alti rispetto allo scorso anno (26%).


Flusso di cassa libero e analisi degli utili


Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di ING sono diminuiti del 0.3% all'anno negli ultimi 5 anni.

Accelerare la crescita: La crescita degli utili di ING nell'ultimo anno ( 61.7% ) supera la media quinquennale ( -0.3% all'anno).

Guadagni vs Settore: La crescita degli utili ING nell'ultimo anno ( 61.7% ) ha superato la percentuale del settore Banks 22.8%.


Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 16.7% ) di ING è considerato basso.


Rendimento delle attività


Rendimento del capitale investito


Scoprire le aziende con forti performance passate

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/22 17:30
Prezzo dell'azione a fine giornata2026/05/22 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

ING Groep N.V. è coperta da 35 analisti. 15 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
null nullBanco de Sabadell. S.A.
Juan Lopez CoboBanco Santander
Namita SamtaniBarclays