ING Groep N.V. (ING) Stock

About ING Groep N.V.

ING Groep N.V. functions as a prominent global financial services institution, offering a comprehensive suite of banking products and solutions across a vast international footprint. Its operations extend throughout the Netherlands, Belgium, Germany, Poland, other European countries, North America, Latin America, Asia, and Australia. The company organizes its business into six distinct segments: Retail Banking focused on the Netherlands, Belgium, Germany, and other regions, in addition to its Wholesale Banking and Corporate Line Banking divisions. ING facilitates various client deposits, including checking and savings accounts, and extends credit options to both businesses and individual consumers. These lending products encompass residential mortgage loans, term loans, revolving credit facilities, and personal loans. Furthermore, its extensive offerings include debt and equity capital market services, working capital solutions, export finance, and daily banking conveniences. The firm also provides expertise in treasury and risk management, corporate finance advisory, specialized lending, and general financing. Customers can also utilize payment and cash management systems, international trade services, and a full array of digital banking experiences, alongside its savings, investment, insurance, and mortgage product lines. ING serves a diverse clientele, including individual customers, a broad spectrum of corporate entities—from small and medium-sized enterprises to mid-market corporations—and other financial institutions. The organization, founded in 1762, is headquartered in Amsterdam, the Netherlands.

ING Groep N.V. is led by CEO Steven J. A. van Rijswijk, employs 60,000 people, headquartered in Amsterdam, NL, publicly traded since 1994.

ING Groep N.V. (ING) stock trades at $32.51 with a market capitalization of $92.87B. The stock is valued at a price-to-earnings (P/E) ratio of 11.72, price-to-book of 1.38, price-to-sales of 1.84. Over the past 52 weeks the stock has ranged between $20.42 and $33.57, and currently trades 3.2% below its 52-week high. It pays a dividend yielding 4.71%.

On profitability, ING Groep N.V. generates a return on equity (ROE) of 16.57%, above the typical market average, return on capital employed of 17.95%, an operating margin of 39.71%, a net profit margin of 15.41%.

In its most recent fiscal year, ING Groep N.V. reported annual revenue of $23.0B, net profit of $6.3B, revenue has compounded at -3.1% a year over the last five years, profit at 20.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 4.23 — a leveraged balance sheet worth monitoring, a current ratio of 0.13, total assets of $1.05T, $52.9B in cash and equivalents.

ING has an average daily trading volume of 3,227,119 shares, a beta of 0.90.

Official website: www.ing.com