1. Netherlands Stocks

  2. •

    Financial Services

  3. •

    Banks - Diversified
ING Groep N.V.

ING Groep N.V.

INGS.TO
ING Groep N.V.CA flagToronto Stock Exchange
43.12
CAD
+0.92
- -
121.28BMarket Cap
ING Groep N.V.
INGS.TO
(Toronto Stock Exchange)

Recent

price

43.12

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.31
8.12
3.37
3.75
3.75
4.03
4.27
4.3
4.43
4.42
4.35
4.47
4.96
6.05
6.64
7.28
7.77
Revenue per Share
0.59
1.19
0.93
0.88
0.31
0.99
1.14
1.2
1.13
1.17
0.61
1.17
0.96
1.94
1.88
2.01
2.19
Basic EPS, GAAP
-1.33
3.43
-2.42
-2.19
2.87
2.52
2
-1.36
4.36
3.1
24.61
-3.7
-2.98
-3.09
-6.73
-2.14
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.34
0.62
0.63
0.62
0.65
- -
0.58
0.81
0.79
1.14
1.23
- -
Dividend per Share
9.84
11.18
12.22
11.02
13.32
12.36
12.84
12.98
13.09
12.04
14.01
14.28
13.79
15.32
16.25
17.12
17.57
Book Value per Share
8.44
10.25
11.53
10.54
12.89
11.96
12.46
12.6
12.62
11.55
13.65
13.97
13.49
14.97
15.82
16.6
16.96
Tangible Book Value per Share
3,979
3,981
3,995
4,025
4,056
4,057
4,078
4,096
4,090
4,090
4,103
4,092
3,808
3,749
3,397
3,146
3,055
Basic Weighted Avg Shares
45,002
32,343
13,449
15,113
15,227
16,368
17,402
17,594
18,101
18,061
17,839
18,285
18,891
22,674
22,554
22,903
23,732
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1,723
1,514
777
765
692
634
536
520
520
789
829
834
711
674
673
665
- -
Depreciation Expense
2,367
4,754
3,727
3,545
1,251
4,010
4,651
4,905
4,607
4,781
2,485
4,776
3,674
7,287
6,392
6,327
6,701
Net Income, GAAP
32.56
20.69
25.29
24.89
26.19
26.52
27.41
31.38
30.16
28.61
32.71
27.68
31.35
28.31
28.49
27.82
29.12
Effective Tax Rate (%)
5.26
14.7
27.71
23.46
8.22
24.5
26.73
27.88
25.45
26.47
13.93
26.12
19.45
32.14
28.34
27.63
28.24
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
179,192
168,403
168,945
161,262
144,510
149,909
131,754
121,578
142,004
119,689
105,743
116,014
119,497
150,000
171,327
179,219
185,079
LT Debt
43,448
46,604
50,350
49,688
59,416
48,470
50,399
51,121
51,735
47,817
55,660
54,656
50,411
52,182
51,308
50,953
51,386
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
6.88
11.8
8.35
7.99
2.67
8.09
9.53
9.79
9.09
9.77
4.89
8.8
7.08
14.41
12.59
12.65
13.49
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
178,169
182,898
185,079
LT Finance Leases
1,050
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,902
2,877
2,860
Market Capitalization
60,280
54,166
67,611

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
106,313
127,917
124,366
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
3,269
- -
517
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.7%
-1.68%
-0.69%
Free Cash Flow
-5.48%
-22.2%
-70.58%
Net Income, GAAP
12.53%
30.83%
-1.02%
Sales/Revenue/Turnover
3.57%
5.37%
1.55%
Total Cash Common Dividend
7,934.41%
15,871.33%
0.13%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,583
5,698
5,910
5,407
22,554
2025
5,636
5,704
5,854
5,798
22,903
2026
5,824
6,256
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
- -
0.56
0.35
1.88
2025
0.45
- -
- -
0.46
2.01
2026
0.51
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.14
2025
- -
- -
- -
- -
1.23
2026
- -
- -
- -
- -
- -
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Business
ING Groep N.V. is a Dutch banking and financial services group headquartered in Amsterdam, the Netherlands, and founded in 1991 through the merger of Nationale-Nederlanden and NMB Postbank Groep, with roots dating to 1762. The company provides retail and commercial banking, wholesale banking, private banking and wealth management, payments, cash management, lending, mortgages, consumer and business loans, deposit accounts, investment products, treasury services, trade finance, financial markets solutions, and, in some markets, insurance and asset management services, serving individual customers, small and medium-sized enterprises, corporates, financial institutions, and institutional investors across the Netherlands, Belgium, Germany, other European markets, and internationally. ING operates through Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line segments, with its business centered on digital retail banking and a focused international wholesale franchise. In 2025, the group reported total income of about €23.0 billion and continued growth in customer balances and fee income, while management raised its 2027 financial ambitions to more than €25 billion in total income, more than €5 billion in fee income, and a return on tangible equity above 15%. Recent strategic developments include the announced acquisition of the remaining stake in Goldman Sachs TFI to expand private banking and wealth management, with completion expected in the first half of 2026, and the rebranding of that business to ING TFI after completion. ING also says it is investing further in digital solutions, AI-based use cases, and process automation, while expanding investment and pension offerings and broadening its lending and deposit base.