ING Bank Slaski S.A. provides various banking products and services in Poland.
No risks detected for ING from our risk checks.
Adequate balance sheet with acceptable track record.
Share Price & News
How has ING Bank Slaski's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ING has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ING exceeded the Polish Banks industry which returned -12.1% over the past year.
Return vs Market: ING exceeded the Polish Market which returned -7.6% over the past year.
Price Volatility Vs. Market
How volatile is ING Bank Slaski's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Should Investors React To ING Bank Slaski S.A.'s (WSE:ING) CEO Pay?
1 month ago | Simply Wall StDoes ING Bank Slaski's (WSE:ING) Share Price Gain of 49% Match Its Business Performance?
2 months ago | Simply Wall StWhy ING Bank Slaski S.A. (WSE:ING) Is A Top Dividend Stock
Is ING Bank Slaski undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ING (PLN197) is trading above our estimate of fair value (PLN163.91)
Significantly Below Fair Value: ING is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ING is poor value based on its PE Ratio (15.5x) compared to the Banks industry average (13.2x).
PE vs Market: ING is poor value based on its PE Ratio (15.5x) compared to the Polish market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: ING is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: ING is overvalued based on its PB Ratio (1.7x) compared to the PL Banks industry average (1x).
How is ING Bank Slaski forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ING's forecast earnings growth (8.9% per year) is above the savings rate (2%).
Earnings vs Market: ING's earnings (8.9% per year) are forecast to grow slower than the Polish market (11.5% per year).
High Growth Earnings: ING's earnings are forecast to grow, but not significantly.
Revenue vs Market: ING's revenue (11.1% per year) is forecast to grow faster than the Polish market (6.2% per year).
High Growth Revenue: ING's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ING's Return on Equity is forecast to be low in 3 years time (11.4%).
How has ING Bank Slaski performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ING has high quality earnings.
Growing Profit Margin: ING's current net profit margins (32%) are lower than last year (32.2%).
Past Earnings Growth Analysis
Earnings Trend: ING's earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: ING's earnings growth over the past year (8.7%) is below its 5-year average (9.6% per year).
Earnings vs Industry: ING earnings growth over the past year (8.7%) exceeded the Banks industry -3.5%.
Return on Equity
High ROE: ING's Return on Equity (10.9%) is considered low.
Return on Assets
Return on Capital Employed
How is ING Bank Slaski's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: ING has a low level of unsold assets or inventory.
Debt Coverage by Assets: ING's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: ING's level of assets compared to its equity is moderate.
Allowance for Bad Loans: ING has a low allowance for bad loans.
Low Risk Liabilities: ING's liabilities are made up of primarily low risk sources of funding.
Loan Level: ING has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ING's loans are broadly funded by customer deposits.
Level of Bad Loans: ING has a high level of bad loans (2.9%)
What is ING Bank Slaski's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ING's dividend (1.78%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (2.35%).
High Dividend: ING's dividend (1.78%) is low compared to the top 25% of dividend payers in the Polish market (6.73%).
Stability and Growth of Payments
Stable Dividend: ING has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ING's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.5%), ING's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ING's dividends in 3 years are forecast to be well covered by earnings (40.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brunon Bartkiewicz (57yo)
Mr. Brunon Cezary Bartkiewicz, Mec, has been the President of Management Board and Chief Executive Officer at ING Bank Slaski S.A. since April 1, 2016. Mr. Bartkiewicz served as the Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: Brunon's total compensation ($USD1.01M) is above average for companies of similar size in the Polish market ($USD537.92K).
Compensation vs Earnings: Brunon's compensation has been consistent with company performance over the past year.
|President of the Management Board & CEO||0yrs||zł3.97m||no data|
|Vice President of the Management Board||11.6yrs||zł2.97m||no data|
|Vice President of the Management Board||6.8yrs||zł2.70m||no data|
|VP of the Management Board & Chief Risk Officer||4.6yrs||zł2.40m||no data|
|Vice President of the Management Board & CFO||2.7yrs||zł1.69m||no data|
|Secretary & Independent Supervisory Board Member||5.8yrs||zł235.30k||no data|
|Vice President of Management Board||3.5yrs||no data||no data|
|Vice President of Management Board & COO||1.1yrs||no data||no data|
|Director of Accounting Department & Chief Accountant||0yrs||no data||no data|
|Head of IR||0yrs||no data||no data|
Experienced Management: ING's management team is considered experienced (4 years average tenure).
|Secretary & Independent Supervisory Board Member||5.8yrs||zł235.30k||no data|
|Supervisory Board Member||1.8yrs||no data||no data|
|Supervisory Board Member||5.8yrs||zł208.60k||no data|
|Deputy Chair of the Supervisory Board||3.1yrs||no data||no data|
|Supervisory Board Member||6.8yrs||no data||no data|
|Supervisory Board Chairman||5.8yrs||zł330.50k||no data|
|Supervisory Board Member||2.8yrs||no data||no data|
Experienced Board: ING's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ING Bank Slaski S.A.'s company bio, employee growth, exchange listings and data sources
- Name: ING Bank Slaski S.A.
- Ticker: ING
- Exchange: WSE
- Founded: 1988
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: zł25.630b
- Shares outstanding: 130.10m
- Website: https://www.ing.pl
Number of Employees
- ING Bank Slaski S.A.
- ul. Sokolska 34
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ING||WSE (Warsaw Stock Exchange)||Yes||Ordinary Bearer Shares||PL||PLN||Jan 1994|
|0MNY||LSE (London Stock Exchange)||Yes||Ordinary Bearer Shares||GB||PLN||Jan 1994|
ING Bank Slaski S.A. provides various banking products and services in Poland. The company operates in two segments, Retail Banking and Corporate Banking. The Retail Banking segment offers various deposit products, including current accounts, term deposits, and savings accounts; credit products, such as overdraft on the savings and settlement accounts, loans related to cards, hire purchase loans, housing loans, and mortgage loans; structured products; ING fund units; brokerage services; and bank cards. It serves individual customers and sole traders. The Corporate Banking segment provides deposit products comprising current accounts, term deposits and negotiated deposits, and savings accounts; working and investment loans; financial markets products; trust services; capital market operations. This segment serves strategic clients, large corporate entities, and mid-sized companies. The company also offers leasing and factoring services. As of December 31, 2016, ING Bank Slaski S.A. operated 384 branches and 1145 ATMs. The company was founded in 1988 and is headquartered in Katowice, Poland. ING Bank Slaski S.A. operates as a subsidiary of ING Bank N.V.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/15 20:44|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.