How does INN1's PE Ratio compare to its peers?

INN1 is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (7x).

How does INN1's PE Ratio compare vs other companies in the European Banks Industry?

INN1 is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the European Banks industry average (7.6x).

What is INN1's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate INN1's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of INN1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

INN1 (€14.4) is trading below our estimate of [[fair value]] (€29.94)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

ING Groep (BUL:INN1) - Stock Price, News & Analysis

INN1 Stock Overview

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. More details

INN1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 51.9% below our estimate of its fair value

Earnings are forecast to grow 7.83% per year

Risk Analysis

Shares are highly illiquid

Dividend of 7.21% is either not well covered by earnings currently or not forecast to be covered

Profit margins (23.5%) are lower than last year (42.5%)

ING Groep N.V. Competitors

First Investment Bank AD

BUL:FIB

лв581.4m

Saudi National Bank

SASE:1180

ر.س195.0b

Oversea-Chinese Banking

SGX:O39

S$72.4b

Itaú Unibanco Holding

BOVESPA:ITUB4

R$311.5b

Price History & Performance

Summary of all time highs, changes and price drops for ING Groep
Historical stock prices
Current Share Price	€14.40
52 Week High	€14.40
52 Week Low	€13.01
Beta	0
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	16.88%

Recent updates

Shareholder Returns

	INN1	BG Banks	BG Market
7D	0%	-1.8%	0.2%
1Y	n/a	19.4%	10.7%

Return vs Industry: Insufficient data to determine how INN1 performed against the BG Banks industry.

Return vs Market: Insufficient data to determine how INN1 performed against the BG Market.

Price Volatility

Is INN1's price volatile compared to industry and market?
INN1 volatility
INN1 Average Weekly Movement	n/a
Banks Industry Average Movement	3.0%
Market Average Movement	4.1%
10% most volatile stocks in BG Market	7.4%
10% least volatile stocks in BG Market	2.5%

Stable Share Price: INN1 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine INN1's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1762	60,000	Steven J. van Rijswijk	www.ing.com

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.

ING Groep N.V. Fundamentals Summary

How do ING Groep's earnings and revenue compare to its market cap?
INN1 fundamental statistics
Market cap	€50.51b
Earnings (TTM)	€4.13b
Revenue (TTM)	€17.54b

12.2x

P/E Ratio

1.0x

P/B Ratio

Is INN1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INN1 income statement (TTM)
Revenue	€17.54b
Cost of Revenue	€0
Gross Profit	€17.54b
Other Expenses	€13.41b
Earnings	€4.13b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 01, 2024

Earnings per share (EPS)	1.25
Gross Margin	100.00%
Net Profit Margin	23.53%
Debt/Equity Ratio	421.8%

How did INN1 perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

95%

Payout Ratio

INN1 Stock Overview

Rewards

Risk Analysis

ING Groep N.V. Competitors

BUL:FIB

лв581.4m

SASE:1180

ر.س195.0b

SGX:O39

S$72.4b

BOVESPA:ITUB4

R$311.5b

Price History & Performance

Recent News & Updates

ING Groep N.V. to Report Q1, 2025 Results on May 02, 2025

ING Announces Additional Shareholder Distribution, Payable on 16 January 2025

ING Appoints Uday Sareen as Head for Wholesale Banking in the APAC Region

ING Groep N.V., Annual General Meeting, Apr 22, 2025

ING Groep N.V. to Report Q4, 2024 Results on Feb 06, 2025

ING Announces Executive Changes

Recent updates

ING Groep N.V. to Report Q1, 2025 Results on May 02, 2025

ING Announces Additional Shareholder Distribution, Payable on 16 January 2025

ING Appoints Uday Sareen as Head for Wholesale Banking in the APAC Region

ING Groep N.V., Annual General Meeting, Apr 22, 2025

ING Groep N.V. to Report Q4, 2024 Results on Feb 06, 2025

ING Announces Executive Changes

ING Americas Announces Executive Changes

New minor risk - Profit margin trend

ING Americas Appoints Keith Tamayo as Managing Director, Head of North America Credit Sales to support Larger Expansion into ABS market

ING Groep N.V. Proposes to Pay Final Dividend for the Year Ended December 31, 2023, Euronext Amsterdam Payable on 3 May 2024 and Nyse Payable on 10 May 2024

ING Groep N.V. Proposes to Pay Final Dividend for the Year Ended December 31, 2023, Euronext Amsterdam Payable on 3 May 2024 and Nyse Payable on 10 May 2024

ING Groep N.V. to Report Q2, 2024 Results on Aug 01, 2024

ING Groep N.V. to Report Q1, 2024 Results on May 02, 2024

Ing Groep N.V. Announces Management Changes

ING Groep N.V. Announces Executive Changes

ING Americas Announces Executive Appointments

ING Groep N.V. to Report Fiscal Year 2023 Final Results on Mar 07, 2024

ING Announces Executive Changes

ING Groep N.V. Appoints Bahadir Yilmaz as Chief Analytics Officer, Effective 1 July 2023

ING Groep N.V. Provides Earnings Guidance for the Years 2023

Full year 2022 earnings released: EPS: €1.02 (vs €1.23 in FY 2021)

ING Announces Retirement of Hans Wijers as Chairman

ING Reportedly Weighs Buying IDBI Bank for India Return

ING Announces Changes to Management Board Banking

ING Groep N.V. to Report Q2, 2023 Results on Aug 03, 2023

ING Announces Mariana Gheorghe Not to Be Available for Reappointment to the Supervisory Board

ING Groep N.V. Declares Interim Cash Dividend

Global Markets Exchange Group International LLP acquired Pyctor from ING Groep N.V. (ENXTAM:INGA).

ING Groep N.V. commences an Equity Buyback Plan, under the authorization approved on April 25, 2022.

Boursorama Société Anonyme agreed to acquire Retail Banking Business of ING Groep NV in France from ING Groep N.V. (ENXTAM:INGA).

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Shareholder Returns

Price Volatility

About the Company

ING Groep N.V. Fundamentals Summary

12.2x

1.0x

Earnings & Revenue

Dividends

7.2%

95%