(ING) ING - Overview
Stock: Banking, Lending, Mortgages, Insurance, Investment
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 6.57% |
| Yield on Cost 5y | 21.69% |
| Yield CAGR 5y | 17.99% |
| Payout Consistency | 69.9% |
| Payout Ratio | 49.7% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.6% |
| Relative Tail Risk | -5.00% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.62 |
| Alpha | 85.46 |
| Character TTM | |
|---|---|
| Beta | 0.813 |
| Beta Downside | 0.842 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.77% |
| CAGR/Max DD | 1.94 |
Description: ING ING January 27, 2026
ING Groep N.V. is a Dutch-origin universal bank that serves retail, SME, and corporate clients across the Netherlands, Belgium, Germany, the rest of Europe, and globally. Its operations are organized into five segments-Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking-offering a full suite of products from current and savings accounts to mortgages, business loans, cash-management, trade finance, and digital banking services.
As of the latest Q4 2025 earnings release, ING reported a net profit of €2.9 billion, a 7 % year-over-year increase, and a Common Equity Tier 1 (CET1) ratio of 15.2 %, comfortably above the European Central Bank’s 13.5 % minimum. The bank’s cost-to-income ratio improved to 58.5 % (down from 60.1 % a year earlier), reflecting continued efficiency gains in its digital platform, while loan growth in the Retail Germany segment accelerated to 4.8 % YoY, driven by higher mortgage demand amid rising European housing prices.
Key macro drivers include the ECB’s policy-rate trajectory, which has kept net interest margins (NIM) under pressure, and the accelerating shift toward digital banking that is reshaping cost structures across the sector. ING’s strong digital adoption-over 12 million active online users-positions it to capture fee-based income even as interest-rate volatility persists.
For a deeper quantitative assessment, you might explore ING’s metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 6.33b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 3.22 > 1.0 |
| NWC/Revenue: -1302 % < 20% (prev -1427 %; Δ 125.2% < -1%) |
| CFO/TA 0.01 > 3% & CFO 10.49b > Net Income 6.33b |
| Net Debt (172.21b) to EBITDA (9.13b): 18.86 < 3 |
| Current Ratio: 0.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.92b) vs 12m ago -6.84% < -2% |
| Gross Margin: 97.72% > 18% (prev 0.98%; Δ 9674 % > 0.5%) |
| Asset Turnover: 3.96% > 50% (prev 4.40%; Δ -0.44% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
What is the price of ING shares?
Over the past week, the price has changed by +2.93%, over one month by +7.65%, over three months by +23.20% and over the past year by +103.09%.
Is ING a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ING price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 29 | -6.3% |
| Analysts Target Price | 29 | -6.3% |
| ValueRay Target Price | 44.9 | 45.2% |
ING Fundamental Data Overview January 31, 2026
P/E Forward = 10.5263
P/S = 3.9754
P/B = 1.4551
P/EG = 1.5206
Revenue TTM = 41.11b USD
EBIT TTM = 12.42b USD
EBITDA TTM = 9.13b USD
Long Term Debt = 170.48b USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 225.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 172.21b USD (from netDebt column, last quarter)
Enterprise Value = 258.59b USD (86.38b + Debt 225.10b - CCE 52.89b)
Interest Coverage Ratio = unknown (Ebit TTM 12.42b / Interest Expense TTM 0.0)
EV/FCF = 24.94x (Enterprise Value 258.59b / FCF TTM 10.37b)
FCF Yield = 4.01% (FCF TTM 10.37b / Enterprise Value 258.59b)
FCF Margin = 25.22% (FCF TTM 10.37b / Revenue TTM 41.11b)
Net Margin = 15.39% (Net Income TTM 6.33b / Revenue TTM 41.11b)
Gross Margin = 97.72% ((Revenue TTM 41.11b - Cost of Revenue TTM 938.0m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 94.43%)
Tobins Q-Ratio = 0.25 (Enterprise Value 258.59b / Total Assets 1054.40b)
Interest Expense / Debt = 0.02% (Interest Expense 45.0m / Debt 225.10b)
Taxrate = 28.93% (606.0m / 2.10b)
NOPAT = 8.83b (EBIT 12.42b * (1 - 28.93%))
Current Ratio = 0.17 (Total Current Assets 108.74b / Total Current Liabilities 644.15b)
Debt / Equity = 4.53 (Debt 225.10b / totalStockholderEquity, last quarter 49.70b)
Debt / EBITDA = 18.86 (Net Debt 172.21b / EBITDA 9.13b)
Debt / FCF = 16.61 (Net Debt 172.21b / FCF TTM 10.37b)
Total Stockholder Equity = 50.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.61% (Net Income 6.33b / Total Assets 1054.40b)
RoE = 12.46% (Net Income TTM 6.33b / Total Stockholder Equity 50.78b)
RoCE = 5.61% (EBIT 12.42b / Capital Employed (Equity 50.78b + L.T.Debt 170.48b))
RoIC = 4.03% (NOPAT 8.83b / Invested Capital 218.87b)
WACC = 2.48% (E(86.38b)/V(311.48b) * Re(8.91%) + D(225.10b)/V(311.48b) * Rd(0.02%) * (1-Tc(0.29)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -6.61%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈10.37b ; Y1≈6.81b ; Y5≈3.11b
Fair Price DCF = N/A (negative equity: EV 98.94b - Net Debt 172.21b = -73.27b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 55.00 | EPS CAGR: 51.71% | SUE: 2.48 | # QB: 2
Revenue Correlation: 11.80 | Revenue CAGR: 4.20% | SUE: -0.07 | # QB: 0
EPS current Year (2026-12-31): EPS=2.68 | Chg30d=+0.070 | Revisions Net=+1 | Growth EPS=+6.0% | Growth Revenue=+4.1%
EPS next Year (2027-12-31): EPS=2.92 | Chg30d=+0.244 | Revisions Net=+1 | Growth EPS=+8.8% | Growth Revenue=+6.0%