See more : Franklin BSP Lending Corporation (BDVC) Income Statement Analysis – Financial Results
Complete financial analysis of ING Groep N.V. (ING) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ING Groep N.V., a leading company in the Banks – Diversified industry within the Financial Services sector.
You may be interested
- Southern Concrete Pile Public Company Limited (SCP.BK) Income Statement Analysis – Financial Results
- Syncom Healthcare Limited (SYNCOM.NS) Income Statement Analysis – Financial Results
- Innovid Corp. (CTV) Income Statement Analysis – Financial Results
- Murphy Canyon Acquisition Corp. (MURFW) Income Statement Analysis – Financial Results
- Youcare Pharmaceutical Group Co., Ltd. (688658.SS) Income Statement Analysis – Financial Results
ING Groep N.V. (ING)
About ING Groep N.V.
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans. It also provides debt capital market, working capital, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, equity market, finance, payments and cash management, and trade services and solutions, as well as savings, investment, insurance, mortgage, and digital banking services. The company serves customers, corporate clients, and financial institutions, including small and medium-sized, and mid-corporates. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.41B | 29.00M | 18.29B | 17.82B | 18.31B | 18.18B | 17.77B | 17.39B | 16.55B | 15.30B | 27.93B | 40.13B | 53.94B | 53.17B | 45.77B | 66.82B | 75.65B | 72.92B | 70.12B | 67.34B | 67.85B | 75.58B | 73.30B | 57.99B | 45.30B | 37.29B | 26.57B |
| Cost of Revenue | -171.00M | 0.00 | 0.00 | 0.00 | 0.00 | 18.00M | 158.00M | 0.00 | 201.00M | 397.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 22.58B | 29.00M | 18.29B | 17.82B | 18.31B | 18.16B | 17.62B | 17.39B | 16.35B | 14.90B | 27.93B | 40.13B | 53.94B | 53.17B | 45.77B | 66.82B | 75.65B | 72.92B | 70.12B | 67.34B | 67.85B | 75.58B | 73.30B | 57.99B | 45.30B | 37.29B | 26.57B |
| Gross Profit Ratio | 100.76% | 100.00% | 100.00% | 100.00% | 100.00% | 99.90% | 99.11% | 100.00% | 98.79% | 97.40% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 7.33B | 6.85B | 6.22B | 6.14B | 6.08B | 5.98B | 5.79B | 6.36B | 6.34B | 8.89B | 16.38B | 31.38B | 42.72B | 42.51B | 40.38B | 60.57B | 59.45B | 58.41B | 7.64B | 7.74B | 7.42B | 7.56B | 7.81B | 6.75B | 5.79B | 4.93B | 3.43B |
| Selling & Marketing | 369.00M | 331.00M | 305.00M | 335.00M | 391.00M | 402.00M | 455.00M | 404.00M | 418.00M | 405.00M | 455.00M | 562.00M | 685.00M | 699.00M | 629.00M | 1.04B | 1.02B | 899.00M | 768.32M | 684.57M | 569.32M | 491.73M | 493.40M | 429.09M | 297.14M | 0.00 | 0.00 |
| SG&A | 7.70B | 7.18B | 6.53B | 6.47B | 6.47B | 6.39B | 6.24B | 6.76B | 6.76B | 8.89B | 16.84B | 31.95B | 43.40B | 43.21B | 41.01B | 61.60B | 60.47B | 59.30B | 8.41B | 8.42B | 7.99B | 8.05B | 8.30B | 7.18B | 6.09B | 4.93B | 3.43B |
| Other Expenses | 14.70B | -2.52B | -18.16B | -20.56B | -18.04B | -3.96B | 13.57B | 13.06B | 16.30B | 14.50B | 978.00M | -20.12B | -40.39B | -310.00M | -264.00M | -43.91B | -57.57B | -72.65B | -29.59B | -67.01B | -69.19B | -76.75B | -56.30B | -31.99B | -31.89B | -24.91B | -20.22B |
| Operating Expenses | 22.41B | 4.66B | -11.63B | -14.09B | -11.57B | 2.42B | 19.81B | 19.82B | 23.06B | 23.39B | 17.82B | 11.83B | 3.01B | 42.90B | 40.75B | 17.70B | 2.90B | -13.34B | -21.18B | -58.59B | -61.20B | -68.70B | -48.00B | -24.82B | -25.80B | -19.98B | -16.79B |
| Cost & Expenses | 22.41B | 4.66B | -11.63B | -14.09B | -11.57B | 2.42B | 158.00M | 19.82B | 201.00M | 397.00M | 17.82B | 11.83B | 3.01B | 42.90B | 40.75B | 17.70B | 2.90B | -13.34B | -21.18B | -58.59B | -61.20B | -68.70B | -48.00B | -24.82B | -25.80B | -19.98B | -16.79B |
| Interest Income | 52.23B | 28.47B | 21.11B | 22.71B | 14.08B | 13.92B | 13.71B | 44.18B | 12.59B | 12.38B | 51.39B | 60.00B | 64.65B | 68.33B | 79.85B | 97.01B | 76.75B | 59.17B | 48.14B | 8.84B | 8.15B | 7.71B | 24.36B | 24.40B | 18.66B | 18.54B | 10.61B |
| Interest Expense | 36.25B | 14.71B | 7.50B | 9.11B | 14.38B | 13.85B | 30.24B | 30.94B | 33.76B | 35.86B | 39.69B | 48.12B | 51.20B | 55.01B | 67.48B | 85.97B | 67.77B | 49.98B | 40.05B | 1.02B | 1.12B | 1.29B | 19.55B | 19.31B | 13.50B | 13.87B | 7.29B |
| Depreciation & Amortization | 674.00M | 711.00M | 834.00M | 829.00M | 788.00M | 521.00M | 498.00M | 517.00M | 634.00M | 88.00M | 765.00M | 777.00M | 1.51B | 1.72B | 1.70B | 1.49B | 1.38B | 1.30B | 1.28B | 498.67M | 624.11M | 993.95M | 592.30M | 610.10M | 541.62M | 0.00 | 344.18M |
| EBITDA | 0.00 | 6.12B | 7.48B | 4.57B | 7.57B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 50.16B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.38B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 17.31B | 0.00 |
| EBITDA Ratio | 0.00% | 18,617.24% | 40.95% | 25.60% | 41.10% | 116.10% | 213.51% | 217.11% | 241.91% | 250.87% | 166.53% | 131.40% | 108.39% | 113.81% | 146.62% | 128.72% | 105.66% | 83.48% | 71.61% | 13.73% | 10.71% | 10.42% | 35.33% | 58.25% | 44.24% | 46.42% | 38.11% |
| Operating Income | 0.00 | 4.69B | 6.65B | 3.73B | 6.74B | 20.58B | 37.43B | 37.21B | 39.41B | 38.29B | 45.74B | 51.96B | 56.95B | 58.79B | 65.41B | 84.52B | 78.55B | 59.58B | 48.94B | 8.75B | 6.65B | 6.88B | 25.30B | 33.17B | 19.50B | 17.31B | 9.78B |
| Operating Income Ratio | 0.00% | 16,165.52% | 36.39% | 20.94% | 36.79% | 113.24% | 210.59% | 214.02% | 238.08% | 250.29% | 163.79% | 129.47% | 105.58% | 110.57% | 142.90% | 126.48% | 103.83% | 81.70% | 69.79% | 12.99% | 9.79% | 9.11% | 34.52% | 57.20% | 43.04% | 46.42% | 36.82% |
| Total Other Income/Expenses | 10.49B | -711.00M | -834.00M | -829.00M | -4.13B | -5.00B | -12.00M | -1.30B | -4.24B | -33.56B | -1.56B | -48.92B | -52.22B | -54.91B | -2.49B | -5.20B | 706.00M | -49.64B | -40.05B | -32.00M | -1.12B | -1.29B | -19.55B | -19.31B | -13.50B | -53.83B | -7.29B |
| Income Before Tax | 10.49B | 5.50B | 6.78B | 3.81B | 6.83B | 6.84B | 7.27B | 5.90B | 5.96B | 4.72B | 5.91B | 3.04B | 4.73B | 3.88B | -2.18B | -1.49B | 11.04B | 9.94B | 8.89B | 7.73B | 5.52B | 5.59B | 5.75B | 13.86B | 6.00B | 3.44B | 2.49B |
| Income Before Tax Ratio | 46.83% | 18,972.41% | 37.09% | 21.38% | 37.33% | 37.62% | 40.89% | 33.95% | 36.00% | 30.88% | 21.17% | 7.58% | 8.76% | 7.30% | -4.76% | -2.23% | 14.60% | 13.63% | 12.67% | 11.48% | 8.14% | 7.40% | 7.85% | 23.90% | 13.24% | 9.22% | 9.38% |
| Income Tax Expense | 2.97B | 1.73B | 1.88B | 1.32B | 1.96B | 2.03B | 2.28B | 1.62B | 1.67B | 1.22B | 1.47B | 578.00M | 1.01B | 1.00B | -640.00M | -721.00M | 1.54B | 1.91B | 1.38B | 1.77B | 1.49B | 1.09B | 1.17B | 1.84B | 1.06B | 783.77M | 649.73M |
| Net Income | 7.29B | 3.67B | 4.78B | 2.49B | 4.78B | 4.70B | 4.91B | 4.65B | 4.01B | 1.25B | 4.58B | 3.26B | 4.74B | 2.78B | -1.42B | -729.00M | 9.24B | 7.69B | 7.51B | 5.96B | 4.04B | 4.50B | 4.58B | 12.02B | 4.94B | 2.65B | 1.84B |
| Net Income Ratio | 32.52% | 12,668.97% | 26.12% | 13.95% | 26.12% | 25.87% | 27.60% | 26.75% | 24.23% | 8.18% | 16.39% | 8.12% | 8.79% | 5.22% | -3.11% | -1.09% | 12.22% | 10.55% | 10.71% | 8.86% | 5.95% | 5.96% | 6.25% | 20.72% | 10.90% | 7.12% | 6.93% |
| EPS | 1.16 | 1.02 | 1.23 | 0.64 | 1.23 | 1.21 | 1.26 | 1.20 | 1.04 | 0.32 | 0.79 | 0.81 | 0.85 | 0.51 | -0.53 | -0.27 | 3.45 | 3.57 | 3.32 | 2.71 | 2.00 | 2.32 | 2.37 | 6.29 | 2.57 | 1.41 | 1.18 |
| EPS Diluted | 1.16 | 1.01 | 1.23 | 0.64 | 1.23 | 1.21 | 1.26 | 1.20 | 1.04 | 0.32 | 0.79 | 0.81 | 0.85 | 0.51 | -0.53 | -0.27 | 3.43 | 3.57 | 3.32 | 2.71 | 2.00 | 2.32 | 2.35 | 6.29 | 2.53 | 1.39 | 1.18 |
| Weighted Avg Shares Out | 3.57B | 3.62B | 3.89B | 3.90B | 3.89B | 3.89B | 3.88B | 3.88B | 3.86B | 3.85B | 3.83B | 3.80B | 3.78B | 3.78B | 2.69B | 2.66B | 2.79B | 2.16B | 2.17B | 2.13B | 2.01B | 1.94B | 1.93B | 1.91B | 1.91B | 1.88B | 1.56B |
| Weighted Avg Shares Out (Dil) | 3.57B | 3.62B | 3.89B | 3.90B | 3.90B | 3.89B | 3.89B | 3.88B | 3.86B | 3.85B | 3.83B | 3.80B | 3.79B | 3.79B | 2.69B | 2.66B | 2.81B | 2.18B | 2.17B | 2.13B | 2.01B | 1.94B | 1.95B | 1.93B | 1.94B | 1.92B | 1.56B |
Gold rally is just getting started, Fed cuts will drive prices above $2,700 in 2025 – ING's Manthey
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
ING Groep: There Are Better Income Alternatives In The European Banking Sector
ING Groep N.V. reported Q2 earnings showing rates are now a headwind for growth, leading to a premium valuation. Despite strong fundamentals and high dividend yield, ING's revenue decline and cost pressures make it less attractive for investment. ING's profitability...
52 Maybe Buy And Hold Stocks From August Dogcatcher Research
Screening for mid to large-caps, high (>2%) dividends, attractive or neutral rated, >5yr dividend history, positive cash flow stocks as of 8/12/24 data from YCharts revealed 52 potential buy to hold candidates. The resulting list targets investors who “want to...
Gold will maintain its upward momentum as Fed cuts, sovereign buying, ETF flows support prices – ING's Manthey
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
ING Groep N.V. (ING) Q2 2024 Earnings Call Transcript
ING Groep N.V. (NYSE:ING ) Q2 2024 Earnings Conference Call August 1, 2024 3:00 AM ET Company Participants Steven van Rijswijk - CEO Tanate Phutrakul - CFO Ljiljana Cortan - Chief Risk Officer Conference Call Participants Benoit Petrarque - Kepler...
Europe's Markets Are Cheap. 4 Stocks to Play.
Nevertheless, its member economies are poised for a rebound.
ING Groep (ING) is a Great Momentum Stock: Should You Buy?
Does ING Groep (ING) have what it takes to be a top stock pick for momentum investors? Let's find out.
Gold will gain through Q4 on sovereign, safe haven buying, Fed rate cut would magnify the move – ING's Manthey
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
ING to Provide Sustainability Linked Revolving Credit Facility for Lafayette Square
MIAMI and NEW YORK , June 25, 2024 /PRNewswire/ -- Lafayette Square USA, Inc. ("Lafayette Square"), a business development company, announced today that it has entered into a new hybrid credit facility with ING Capital LLC ("ING"). The facility will...
Best Momentum Stocks to Buy for June 21st
ASYS, FUTU and ING made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 21, 2024.
Source: https://incomestatements.info
Category: Stock Reports