Overview Dividends

(ING) ING - Ratings and Ratios

Exchange: NYSE • Country: Netherlands • Currency: USD • Type: Common Stock • ISIN: US4568371037

Banking, Loans, Mortgages, Investments, Insurance

Diversified Banks
Market Cap in USD: 82,439m

IPO / Inception: 1996-11-18
Return 12m vs S&P 500: 62.7%

EPS (Earnings per Share)

EPS CAGR: 27.03%
EPS Trend: 57.5%

Last SUE: 1.41
Qual. Beats: 1

Revenue

Rev. CAGR: 6.49%
Rev. Trend: 25.9%

Last SUE: 0.02
Qual. Beats: 0

Dividends

Dividend Yield	4.88%
Yield on Cost 5y	21.04%
Yield CAGR 5y	19.20%
Payout Consistency	66.7%
Payout Ratio	60.6%

Risk via 5d forecast
Volatility	23.5%
Value at Risk 5%th	36.7%
Relative Tail Risk	-4.96%

Reward TTM
Sharpe Ratio	2.43
Alpha	78.84
CAGR/Max DD	1.67

Character TTM
Hurst Exponent	0.429
Beta	0.787
Beta Downside	0.831

Drawdowns 3y
Max DD	23.43%
Mean DD	5.78%
Median DD	4.45%

Description: ING ING December 02, 2025

ING Groep N.V. (NYSE: ING) is a diversified European bank headquartered in Amsterdam that serves retail, SME, and corporate clients across the Netherlands, Belgium, Germany, the broader European region, and internationally. Its operations are organized into five segments-Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking-offering a full suite of products including current and savings accounts, time deposits, residential mortgages, SME loans, payment and cash-management services, and digital banking solutions.

Key metrics that shape ING’s outlook include a CET1 capital ratio of ~15.5% (Q3 2024), a net interest margin of 1.45% reflecting the low-rate environment in the Eurozone, and a loan-to-deposit growth of 4.2% YoY driven by strong demand for SME financing. The bank’s earnings are sensitive to European monetary policy, credit-quality trends in the corporate sector, and the pace of digital adoption, which has been a core driver of cost efficiency and customer acquisition.

For a deeper dive into ING’s valuation nuances and scenario analysis, explore the detailed breakdown on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (6.07b TTM) > 0 and > 6% of Revenue (6% = 2.47b TTM)

FCFTA -0.02 (>2.0%) and ΔFCFTA -0.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1749 % (prev -1491 %; Δ -258.4pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.01 (>3.0%) and CFO -12.05b <= Net Income 6.07b (YES >=105%, WARN >=100%)

Net Debt (87.61b) to EBITDA (8.82b) ratio: 9.93 <= 3.0 (WARN <= 3.5)

Current Ratio 0.16 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (2.96b) change vs 12m ago -7.51% (target <= -2.0% for YES)

Gross Margin 96.99% (prev 98.35%; Δ -1.36pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 3.84% (prev 4.28%; Δ -0.44pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.20 (EBITDA TTM 8.82b / Interest Expense TTM 43.88b) >= 6 (WARN >= 3)

Altman Z'' -4.12

(A) -0.66 = (Total Current Assets 134.75b - Total Current Liabilities 854.52b) / Total Assets 1092.36b

(B) 0.03 = Retained Earnings (Balance) 33.85b / Total Assets 1092.36b

(D) 0.05 = Book Value of Equity 49.45b / Total Liabilities 1041.79b

Total Rating: -4.12 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 24.91

1. Piotroski 3.0pt

2. FCF Yield -21.65%

3. FCF Margin -55.59%

4. Debt/Equity 3.45

5. Debt/Ebitda 9.93

6. ROIC - WACC (= -12.88)%

7. RoE 11.92%

8. Rev. Trend 25.86%

9. EPS Trend 57.53%

What is the price of ING shares?

As of December 31, 2025, the stock is trading at USD 28.10 with a total of 1,293,671 shares traded.
Over the past week, the price has changed by -0.25%, over one month by +7.99%, over three months by +7.99% and over the past year by +92.25%.

Is ING a buy, sell or hold?

ING has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold ING.

Strong Buy: 0
Buy: 0
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the ING price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	26.3	-6.4%
Analysts Target Price	26.3	-6.4%
ValueRay Target Price	42.6	51.7%

ING Fundamental Data Overview December 27, 2025

Market Cap EUR = 69.94b (82.44b USD * 0.8484 USD.EUR)
P/E Trailing = 11.9746
P/E Forward = 10.2145
P/S = 4.1139
P/B = 1.4037
P/EG = 1.6219
Beta = 1.171
Revenue TTM = 41.15b EUR
EBIT TTM = 8.82b EUR
EBITDA TTM = 8.82b EUR
Long Term Debt = 170.48b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 170.48b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 87.61b EUR (from netDebt column, last quarter)
Enterprise Value = 105.67b EUR (69.94b + Debt 170.48b - CCE 134.75b)
Interest Coverage Ratio = 0.20 (Ebit TTM 8.82b / Interest Expense TTM 43.88b)
FCF Yield = -21.65% (FCF TTM -22.88b / Enterprise Value 105.67b)
FCF Margin = -55.59% (FCF TTM -22.88b / Revenue TTM 41.15b)
Net Margin = 14.75% (Net Income TTM 6.07b / Revenue TTM 41.15b)
Gross Margin = 96.99% ((Revenue TTM 41.15b - Cost of Revenue TTM 1.24b) / Revenue TTM)
Gross Margin QoQ = 94.43% (prev 98.77%)
Tobins Q-Ratio = 0.10 (Enterprise Value 105.67b / Total Assets 1092.36b)
Interest Expense / Debt = 25.74% (Interest Expense 43.88b / Debt 170.48b)
Taxrate = 27.46% (703.0m / 2.56b)
NOPAT = 6.40b (EBIT 8.82b * (1 - 27.46%))
Current Ratio = 0.16 (Total Current Assets 134.75b / Total Current Liabilities 854.52b)
Debt / Equity = 3.45 (Debt 170.48b / totalStockholderEquity, last quarter 49.45b)
Debt / EBITDA = 9.93 (Net Debt 87.61b / EBITDA 8.82b)
Debt / FCF = -3.83 (negative FCF - burning cash) (Net Debt 87.61b / FCF TTM -22.88b)
Total Stockholder Equity = 50.93b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.56% (Net Income 6.07b / Total Assets 1092.36b)
RoE = 11.92% (Net Income TTM 6.07b / Total Stockholder Equity 50.93b)
RoCE = 3.99% (EBIT 8.82b / Capital Employed (Equity 50.93b + L.T.Debt 170.48b))
RoIC = 2.95% (NOPAT 6.40b / Invested Capital 216.79b)
WACC = 15.84% (E(69.94b)/V(240.42b) * Re(8.92%) + D(170.48b)/V(240.42b) * Rd(25.74%) * (1-Tc(0.27)))
Discount Rate = 8.92% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.91%
Fair Price DCF = unknown (Cash Flow -22.88b)
EPS Correlation: 57.53 | EPS CAGR: 27.03% | SUE: 1.41 | # QB: 1
Revenue Correlation: 25.86 | Revenue CAGR: 6.49% | SUE: 0.02 | # QB: 0
EPS next Year (2026-12-31): EPS=2.61 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+11.9% | Growth Revenue=+6.1%

Additional Sources for ING Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle