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ING Groep NV
Previous close
$16.95
Day range
$16.92 - $17.13
Year range
$12.45 - $18.72
Market cap
56.24B USD
Avg Volume
1.72M
In the news
Financials
Income Statement
Revenue
Net income
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 5.58B | -1.48% |
Operating expense | 2.88B | 3.19% |
Net income | 1.88B | -5.15% |
Net profit margin | 33.72 | -3.71% |
Earnings per share | 0.59 | 5.36% |
EBITDA | — | — |
Effective tax rate | 27.13% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 179.79B | -4.23% |
Total assets | 1.05T | 2.73% |
Total liabilities | 997.24B | 2.90% |
Total equity | 52.24B | — |
Shares outstanding | 3.16B | — |
Price to book | 1.05 | — |
Return on assets | 0.74% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 1.88B | -5.15% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of US$967.8 billion, it is one of the biggest banks in the world, and consistently ranks among the largest banks globally.
ING is the Dutch member of the Inter-Alpha Group of Banks, a co-operative consortium of 11 prominent European banks. Since the creation in 2012, ING Bank is a member in the list of global systemically important banks. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.
In 2020, ING had 53.2 million clients in more than 40 countries. The company is a component of the Euro Stoxx 50 stock market index. The long-term debt for the company as of December 2019 is €150 billion.
ING is an abbreviation for Internationale Nederlanden Groep. The orange lion on ING's logo alludes to the group's Dutch origins. Wikipedia
Founded
1991
Website
Employees
60,000