(ING) ING - Overview

Sector: Financial Services | Industry: Banks - Diversified | Exchange: NYSE (USA) | Market Cap: 87.925m USD | Total Return: 55.2% in 12m

Retail Banking, Business Loans, Mortgages, Asset Management, Insurance
Total Rating 44
Safety 50
Buy Signal 0.24
Banks - Diversified
Industry Rotation: +4.4
Market Cap: 87.9B
Avg Turnover: 67.7M
Risk 3d forecast
Volatility24.3%
VaR 5th Pctl4.24%
VaR vs Median5.72%
Reward TTM
Sharpe Ratio1.68
Rel. Str. IBD75.2
Rel. Str. Peer Group76.4
Character TTM
Beta0.685
Beta Downside0.380
Hurst Exponent0.533
Drawdowns 3y
Max DD19.87%
CAGR/Max DD2.27
CAGR/Mean DD8.75
EPS (Earnings per Share) EPS (Earnings per Share) of ING over the last years for every Quarter: "2021-03": 0.3135, "2021-06": 0.4351, "2021-09": 0.4041, "2021-12": 0.2854, "2022-03": 0.12, "2022-06": 0.33, "2022-09": 0.25, "2022-12": 0.33, "2023-03": 0.48, "2023-06": 1.14, "2023-09": 0.5901, "2023-12": 0.4873, "2024-03": 0.48, "2024-06": 0.5828, "2024-09": 0.31, "2024-12": 0.3933, "2025-03": 0.53, "2025-06": 0.64, "2025-09": 0.7, "2025-12": 0.57, "2026-03": 0.63,
EPS CAGR: -3.27%
EPS Trend: -18.9%
Last SUE: 0.66
Qual. Beats: 0
Revenue Revenue of ING over the last years for every Quarter: 2021-03: 4702, 2021-06: 8365, 2021-09: 4648, 2021-12: 4624, 2022-03: 4599, 2022-06: 9741, 2022-09: 4412, 2022-12: 4868, 2023-03: 5567, 2023-06: 23042, 2023-09: 5842, 2023-12: 5409, 2024-03: 27867, 2024-06: 5716, 2024-09: 5910, 2024-12: 5407, 2025-03: 5636, 2025-06: 24257, 2025-09: 5854, 2025-12: 5798, 2026-03: 5824,
Rev. CAGR: -3.19%
Rev. Trend: -13.0%
Last SUE: 0.00
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: ING ING

ING Groep N.V. is a global financial institution headquartered in Amsterdam, providing retail and wholesale banking services across Europe and international markets. The company operates through a segmented structure focused on the Netherlands, Belgium, and Germany, alongside a diverse Wholesale Banking division that serves corporate clients and financial institutions.

The firm utilizes a universal banking business model, generating revenue through net interest income from loans and mortgages as well as fee-based services like asset management and treasury solutions. As a major player in the Eurozone banking sector, ING is subject to the monetary policies of the European Central Bank, which directly influence its lending margins and capital requirements.

For a detailed analysis of the companys valuation metrics and historical performance, consider reviewing the data available on ValueRay.

Headlines to Watch Out For
  • European Central Bank interest rate cuts reduce net interest income margins
  • Mortgage loan demand fluctuates based on Eurozone housing market price stability
  • Wholesale banking revenue sensitive to global corporate trade and investment flows
  • Regulatory capital requirements influence share buyback programs and dividend payout capacity
  • Digital transformation initiatives drive down operational costs across core European retail segments
Piotroski VR-10 (Strict) 3.0
Net Income: 6.43b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA 1.53 > 1.0
NWC/Revenue: -1.67k% < 20% (prev -3.09k%; Δ 1.43k% < -1%)
CFO/TA -0.01 > 3% & CFO -6.38b > Net Income 6.43b
Net Debt (-5.83b) to EBITDA (9.95b): -0.59 < 3
Current Ratio: 0.21 > 1.5 & < 3
Outstanding Shares: last quarter (2.89b) vs 12m ago -6.64% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 3.77% > 50% (prev 2.10%; Δ 1.66% > 0%)
Interest Coverage Ratio: 0.26 > 6 (EBITDA TTM 9.95b / Interest Expense TTM 36.4b)
Altman Z'' -3.77
A: -0.61 (Total Current Assets 190b - Total Current Liabilities 885b) / Total Assets 1138b
B: 0.03 (Retained Earnings 35.6b / Total Assets 1138b)
C: 0.01 (EBIT TTM 9.28b / Avg Total Assets 1108b)
D: 0.08 (Book Value of Equity 85.3b / Total Liabilities 1085b)
Altman-Z'' = -3.77 = D
What is the price of ING shares?

As of May 29, 2026, the stock is trading at USD 30.84 with a total of 2,582,277 shares traded.
Over the past week, the price has changed by +1.58%, over one month by +9.75%, over three months by +10.52% and over the past year by +55.15%.

Is ING a buy, sell or hold?

ING has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold ING.

  • StrongBuy: 0
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ING price?
Analysts Target Price 31.1 0.9%
ING (ING) - Fundamental Data Overview as of 23 May 2026
Market Cap USD = 87.9b (87.9b USD * 1.0 USD.USD)
Market Cap EUR = 75.4b (87.9b USD * 0.8577 USD.EUR)
P/E Trailing = 12.0709
P/E Forward = 10.8696
P/S = 3.5721
P/B = 1.4891
P/EG = 1.7255
Revenue TTM = 41.7b EUR
EBIT TTM = 9.28b EUR
EBITDA TTM = 9.95b EUR
Long Term Debt = 183b EUR (from longTermDebt, last quarter)
 Short Term Debt = unknown (none)
 Debt = 184b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.05b
Net Debt = -5.83b EUR (calculated: Debt 184b - CCE 190b)
Enterprise Value = 69.6b EUR (75.4b + Debt 184b - CCE 190b)
Interest Coverage Ratio = 0.26 (Ebit TTM 9.28b / Interest Expense TTM 36.4b)
EV/FCF = -10.34x (Enterprise Value 69.6b / FCF TTM -6.73b)
FCF Yield = -9.67% (FCF TTM -6.73b / Enterprise Value 69.6b)
FCF Margin = -16.13% (FCF TTM -6.73b / Revenue TTM 41.7b)
Net Margin = 15.41% (Net Income TTM 6.43b / Revenue TTM 41.7b)
 Gross Margin = unknown ((Revenue TTM 41.7b - Cost of Revenue TTM 1.34b) / Revenue TTM)
 Tobins Q-Ratio = 0.06 (Enterprise Value 69.6b / Total Assets 1138b)
Interest Expense / Debt = 19.77% (Interest Expense 36.4b / Debt 184b)
Taxrate = 28.88% (652.0m / 2.26b)
NOPAT = 6.60b (EBIT 9.28b * (1 - 28.88%))
Current Ratio = 0.21 (Total Current Assets 190b / Total Current Liabilities 885b)
Debt / Equity = 3.62 (Debt 184b / totalStockholderEquity, last quarter 50.9b)
Debt / EBITDA = -0.59 (Net Debt -5.83b / EBITDA 9.95b)
 Debt / FCF = 0.87 (negative FCF - burning cash) (Net Debt -5.83b / FCF TTM -6.73b)
 Total Stockholder Equity = 49.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.58% (Net Income 6.43b / Total Assets 1138b)
RoE = 12.91% (Net Income TTM 6.43b / Total Stockholder Equity 49.8b)
RoCE = 3.99% (EBIT 9.28b / Capital Employed (Equity 49.8b + L.T.Debt 183b))
RoIC = 2.63% (NOPAT 6.60b / Invested Capital 251b)
WACC = 12.41% (E(75.4b)/V(259b) * Re(8.39%) + D(184b)/V(259b) * Rd(19.77%) * (1-Tc(0.29)))
Discount Rate = 8.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.75 | Cagr: -6.27%
 [DCF] Fair Price = unknown (Cash Flow -6.73b)
 EPS Correlation: -18.94 | EPS CAGR: -3.27% | SUE: 0.66 | # QB: 0
Revenue Correlation: -12.98 | Revenue CAGR: -3.19% | SUE: -0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.69 | Chg30d=-2.52% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.70 | Chg30d=-2.52% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=2.83 | Chg30d=+1.95% | Revisions=+0% | GrowthEPS=+12.0% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=3.15 | Chg30d=+1.39% | Revisions=+0% | GrowthEPS=+11.2% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: -20%