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

INN1 Stock Overview

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

About the company

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 59.9% below our estimate of its fair value

Earnings are forecast to grow 7.69% per year

Risk Analysis

Dividend of 7.2% is either not well covered by earnings currently or not forecast to be covered

Profit margins (23.5%) are lower than last year (41.2%)

ING Groep N.V. Competitors

Commerzbank

XTRA:CBK

€16.0b

ProCredit Holding

XTRA:PCZ

€523.0m

UmweltBank

XTRA:UBK

€227.5m

Banco Bilbao Vizcaya Argentaria

BME:BBVA

€58.4b

Price History & Performance

Summary of all time highs, changes and price drops for ING Groep
Historical stock prices
Current Share Price	€15.33
52 Week High	€15.99
52 Week Low	€10.73
Beta	1.63
1 Month Change	4.54%
3 Month Change	19.03%
1 Year Change	30.08%
3 Year Change	45.48%
5 Year Change	34.58%
Change since IPO	53.94%

Recent updates

Shareholder Returns

	INN1	DE Banks	DE Market
7D	1.7%	0.3%	-2.0%
1Y	30.1%	23.9%	-0.3%

Return vs Industry: INN1 exceeded the German Banks industry which returned 23.9% over the past year.

Return vs Market: INN1 exceeded the German Market which returned -0.3% over the past year.

Price Volatility

Is INN1's price volatile compared to industry and market?
INN1 volatility
INN1 Average Weekly Movement	3.1%
Banks Industry Average Movement	3.3%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.0%
10% least volatile stocks in DE Market	2.4%

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

Volatility Over Time: INN1's weekly volatility (3%) has been stable 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	€50.68b
Earnings (TTM)	€4.14b
Revenue (TTM)	€17.63b

12.2x

P/E Ratio

0.9x

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	€17.63b
Cost of Revenue	€0
Gross Profit	€17.63b
Other Expenses	€13.49b
Earnings	€4.14b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)	1.25
Gross Margin	100.00%
Net Profit Margin	23.49%
Debt/Equity Ratio	395.0%

How did INN1 perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

95%

Payout Ratio

Does INN1 pay a reliable dividends?

See INN1 dividend history and benchmarks

When do you need to buy INN1 by to receive an upcoming dividend?
ING Groep dividend dates
Ex Dividend Date	Apr 24 2024
Dividend Pay Date	May 03 2024
Days until Ex dividend	1 day
Days until Dividend pay date	10 days

Does INN1 pay a reliable dividends?

See INN1 dividend history and benchmarks

INN1 Stock Overview

Rewards

Risk Analysis

ING Groep N.V. Competitors

XTRA:CBK

€16.0b

XTRA:PCZ

€523.0m

XTRA:UBK

€227.5m

BME:BBVA

€58.4b

Price History & Performance

Recent News & Updates

Upcoming dividend of €0.76 per share

Full year 2023 earnings released: EPS: €1.16 (vs €3.35 in FY 2022)

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

Dividend of €0.76 announced

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

Full year 2023 earnings released: EPS: €2.08 (vs €3.35 in FY 2022)

Recent updates

Upcoming dividend of €0.76 per share

Full year 2023 earnings released: EPS: €1.16 (vs €3.35 in FY 2022)

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

Dividend of €0.76 announced

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

Full year 2023 earnings released: EPS: €2.08 (vs €3.35 in FY 2022)

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

Third quarter 2023 earnings released

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

Second quarter 2023 earnings released

ING Announces Executive Changes

ING Announces Executive Changes

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

Key Executive recently bought €80k worth of stock

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

First quarter 2023 earnings released: EPS: €0.44 (vs €0.11 in 1Q 2022)

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

Upcoming dividend of €0.39 per share at 4.6% yield

Investor sentiment deteriorates as stock falls 15%

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

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

Third quarter 2022 earnings released

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

Second quarter 2022 earnings released: EPS: €0.31 (vs €0.37 in 2Q 2021)

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.

First quarter 2022 earnings released: EPS: €0.11 (vs €0.26 in 1Q 2021)

Upcoming dividend of €0.41 per share

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

Now 20% undervalued

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

Third quarter 2021 earnings released

Upcoming dividend of €0.48 per share

Second quarter 2021 earnings released: EPS €0.37 (vs €0.02 loss in 2Q 2020)

COO, Chief Transformation Officer & Member of Management Board Banking Roel M. Louwhoff has left the company

COO, Chief Transformation Officer & Member of Management Board Banking Roel M. Louwhoff has left the company

COO, Chief Transformation Officer & Member of Management Board Banking Roel M. Louwhoff has left the company

COO, Chief Transformation Officer & Member of Management Board Banking Roel M. Louwhoff has left the company

COO, Chief Transformation Officer & Member of Management Board Banking Roel M. Louwhoff has left the company

COO, Chief Transformation Officer & Member of Management Board Banking Roel M. Louwhoff has left the company

National Australia Bank Reportedly in Box Seat in Race for Citi Retail Banking Business

ING Groep N.V. Intends to Make an Additional Payment of Dividend for 2020

Ing Groep N.V. Proposes Dividend

Shareholder Returns

Price Volatility

About the Company

ING Groep N.V. Fundamentals Summary

12.2x

0.9x