(INGA) ING Groep - Ratings and Ratios

Exchange: AS • Country: Netherlands • Currency: EUR • Type: Common Stock • ISIN: NL0011821202

Banking, Mortgages, Loans, Investment, Insurance

EPS (Earnings per Share)

EPS (Earnings per Share) of INGA over the last years for every Quarter: "2020-12": 0.19, "2021-03": 0.26, "2021-06": 0.37, "2021-09": 0.35, "2021-12": 0.25, "2022-03": 0.11, "2022-06": 0.32, "2022-09": 0.26, "2022-12": 0.3, "2023-03": 0.44, "2023-06": 0.6, "2023-09": 0.56, "2023-12": 0.45, "2024-03": 0.48, "2024-06": 0.54, "2024-09": 0.59, "2024-12": 0.37, "2025-03": 0.47, "2025-06": 0.56, "2025-09": 0.6,

Revenue

Revenue of INGA over the last years for every Quarter: 2020-12: 4169, 2021-03: 4702, 2021-06: 4497, 2021-09: 4648, 2021-12: 4624, 2022-03: 4599, 2022-06: 4799, 2022-09: 4412, 2022-12: 4868, 2023-03: 5567, 2023-06: 5725, 2023-09: 5842, 2023-12: 5409, 2024-03: 5583, 2024-06: 5698, 2024-09: 5910, 2024-12: 5407, 2025-03: 5636, 2025-06: 5704, 2025-09: 5854,

Dividends

Dividend Yield 7.85%
Yield on Cost 5y 24.02%
Yield CAGR 5y 19.44%
Payout Consistency 73.5%
Payout Ratio 61.6%
Risk via 5d forecast
Volatility 21.5%
Value at Risk 5%th 33.2%
Relative Tail Risk -6.02%
Reward TTM
Sharpe Ratio 1.96
Alpha 56.76
CAGR/Max DD 1.42
Character TTM
Hurst Exponent 0.569
Beta 0.267
Beta Downside 0.525
Drawdowns 3y
Max DD 23.08%
Mean DD 4.69%
Median DD 3.44%

Description: INGA ING Groep December 03, 2025

ING Groep N.V. (ticker INGA) is a Dutch-headquartered, diversified banking group that serves retail and wholesale 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 including current and savings accounts, time deposits, consumer and SME loans, residential mortgages, working-capital financing, market-linked debt and equity solutions, payments, cash-management, trade finance, treasury services, as well as investment, insurance, and digital banking.

Key quantitative drivers (FY 2023, unless otherwise noted) include a net interest margin of roughly 1.6 % (down ≈ 0.2 pp YoY, reflecting a flattening European yield curve), a Common Equity Tier 1 (CET1) ratio of 15.2 % (well above the regulatory minimum and indicating strong capital resilience), and loan-book growth of about 4 % year-over-year, driven primarily by SME and mortgage lending in the Netherlands. The group’s digital adoption rate-measured by active online banking users-exceeds 80 % of its retail base, underscoring the sector-wide shift toward cost-efficient, technology-enabled banking services.

Given the sensitivity of ING’s earnings to Eurozone monetary-policy cycles and macro-economic conditions in its core markets, analysts should monitor ECB policy rate moves, German GDP trends, and Dutch housing-price dynamics as leading indicators of future profit trajectories.

For a deeper, data-driven look at ING’s valuation and risk profile, you might explore the detailed dashboards on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 6.07b TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.99 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.02 > 3% & CFO -22.54b > Net Income 6.07b
Net Debt (87.61b) to EBITDA (9.50b): 9.22 < 3
Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities)
Outstanding Shares: last quarter (2.94b) vs 12m ago -7.14% < -2%
Gross Margin: 100.0% > 18% (prev 0.24%; Δ 9976 % > 0.5%)
Asset Turnover: 2.11% > 50% (prev 2.15%; Δ -0.04% > 0%)
Interest Coverage Ratio: 0.20 > 6 (EBITDA TTM 9.50b / Interest Expense TTM 43.88b)

ValueRay F-Score (Strict, 0-100) 56.10

1. Piotroski: 3.0pt
2. FCF Yield: 192.6%
3. FCF Margin: data missing
4. Debt/Equity: data missing
5. Debt/Ebitda: 9.22
6. ROIC - WACC: -3.98%
7. RoE: 12.11%
8. Revenue Trend: 79.73%
9. EPS Trend: 71.83%

What is the price of INGA shares?

As of January 23, 2026, the stock is trading at EUR 24.52 with a total of 7,387,941 shares traded.
Over the past week, the price has changed by -1.90%, over one month by +3.23%, over three months by +20.04% and over the past year by +66.35%.

Is INGA a buy, sell or hold?

ING Groep has no consensus analysts rating.

What are the forecasts/targets for the INGA price?

Issuer Target Up/Down from current
Wallstreet Target Price 24.3 -1%
Analysts Target Price - -
ValueRay Target Price 35.2 43.6%

INGA Fundamental Data Overview January 20, 2026

Market Cap USD = 82.87b (70.99b EUR * 1.1673 EUR.USD)
P/E Trailing = 12.2375
P/E Forward = 10.6157
P/S = 3.5427
P/B = 1.4684
P/EG = 1.5188
Revenue TTM = 22.60b EUR
EBIT TTM = 8.82b EUR
EBITDA TTM = 9.50b EUR
Long Term Debt = 170.48b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = 87.61b EUR (from netDebt column, last quarter)
Enterprise Value = -11.88b EUR (70.99b + (null Debt) - CCE 82.87b)
Interest Coverage Ratio = 0.20 (Ebit TTM 8.82b / Interest Expense TTM 43.88b)
EV/FCF = 0.52x (Enterprise Value -11.88b / FCF TTM -22.88b)
FCF Yield = 192.6% (FCF TTM -22.88b / Enterprise Value -11.88b)
FCF Margin = -101.2% (FCF TTM -22.88b / Revenue TTM 22.60b)
Net Margin = 26.86% (Net Income TTM 6.07b / Revenue TTM 22.60b)
Gross Margin = 100.0% ((Revenue TTM 22.60b - Cost of Revenue TTM 0.0) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 100.0%)
Tobins Q-Ratio = -0.01 (set to none) (Enterprise Value -11.88b / Total Assets 1092.36b)
Interest Expense / Debt = unknown (Interest Expense 43.88b / Debt none)
Taxrate = 27.46% (703.0m / 2.56b)
NOPAT = 6.40b (EBIT 8.82b * (1 - 27.46%))
Current Ratio = unknown (Total Current Assets 134.75b / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = 9.22 (Net Debt 87.61b / EBITDA 9.50b)
Debt / FCF = -3.83 (negative FCF - burning cash) (Net Debt 87.61b / FCF TTM -22.88b)
Total Stockholder Equity = 50.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.57% (Net Income 6.07b / Total Assets 1092.36b)
RoE = 12.11% (Net Income TTM 6.07b / Total Stockholder Equity 50.14b)
RoCE = 4.00% (EBIT 8.82b / Capital Employed (Equity 50.14b + L.T.Debt 170.48b))
RoIC = 2.92% (NOPAT 6.40b / Invested Capital 219.28b)
WACC = 6.90% (E(70.99b)/V(70.99b) * Re(6.90%) + (debt-free company))
Discount Rate = 6.90% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -5.90%
Fair Price DCF = unknown (Cash Flow -22.88b)
EPS Correlation: 71.83 | EPS CAGR: 26.30% | SUE: 2.35 | # QB: 1
Revenue Correlation: 79.73 | Revenue CAGR: 6.49% | SUE: 1.86 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.52 | Chg30d=+0.007 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=2.30 | Chg30d=-0.012 | Revisions Net=-2 | Growth EPS=+10.9% | Growth Revenue=+5.4%

Additional Sources for INGA Stock

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