(ING) ING - Overview

Exchange: NYSE • Country: Netherlands • Currency: USD • Type: Common Stock • ISIN: US4568371037

Stock: Banking, Lending, Mortgages, Insurance, Investment

Total Rating 55
Risk 81
Buy Signal 0.12
Risk 5d forecast
Volatility 28.5%
Relative Tail Risk -4.70%
Reward TTM
Sharpe Ratio 2.09
Alpha 70.04
Character TTM
Beta 0.844
Beta Downside 0.846
Drawdowns 3y
Max DD 21.77%
CAGR/Max DD 1.78

EPS (Earnings per Share)

EPS (Earnings per Share) of ING over the last years for every Quarter: "2020-12": 0.2303, "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,

Revenue

Revenue of ING over the last years for every Quarter: 2020-12: 4169, 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,

Description: ING ING January 27, 2026

ING Groep N.V. is a Dutch-origin universal bank that serves retail, SME, and corporate 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 from current and savings accounts to mortgages, business loans, cash-management, trade finance, and digital banking services.

As of the latest Q4 2025 earnings release, ING reported a net profit of €2.9 billion, a 7 % year-over-year increase, and a Common Equity Tier 1 (CET1) ratio of 15.2 %, comfortably above the European Central Bank’s 13.5 % minimum. The bank’s cost-to-income ratio improved to 58.5 % (down from 60.1 % a year earlier), reflecting continued efficiency gains in its digital platform, while loan growth in the Retail Germany segment accelerated to 4.8 % YoY, driven by higher mortgage demand amid rising European housing prices.

Key macro drivers include the ECB’s policy-rate trajectory, which has kept net interest margins (NIM) under pressure, and the accelerating shift toward digital banking that is reshaping cost structures across the sector. ING’s strong digital adoption-over 12 million active online users-positions it to capture fee-based income even as interest-rate volatility persists.

For a deeper quantitative assessment, you might explore ING’s metrics on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 6.33b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 3.22 > 1.0
NWC/Revenue: -1716 % < 20% (prev -1427 %; Δ -288.2% < -1%)
CFO/TA 0.01 > 3% & CFO 10.49b > Net Income 6.33b
Net Debt (116.44b) to EBITDA (9.15b): 12.73 < 3
Current Ratio: 0.13 > 1.5 & < 3
Outstanding Shares: last quarter (2.92b) vs 12m ago -6.84% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 4.00% > 50% (prev 4.40%; Δ -0.40% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM)

Altman Z''

A: -0.68 (Total Current Assets 106.31b - Total Current Liabilities 819.08b) / Total Assets 1054.40b
B: error (Retained Earnings missing)
C: 0.01 (EBIT TTM 9.15b / Avg Total Assets 1037.47b)
D: 0.05 (Book Value of Equity 49.70b / Total Liabilities 1003.45b)

Beneish M

DSRI: none (Receivables none/984.0m, Revenue 41.55b/44.90b)
GMI: 1.01 (GM 96.86% / 97.88%)
AQI: 1.01 (AQ_t 0.90 / AQ_t-1 0.88)
SGI: 0.93 (Revenue 41.55b / 44.90b)
TATA: -0.00 (NI 6.33b - CFO 10.49b) / TA 1054.40b)
Beneish M-Score: cannot calculate (missing components)

What is the price of ING shares?

As of February 19, 2026, the stock is trading at USD 29.23 with a total of 2,197,637 shares traded.
Over the past week, the price has changed by -3.05%, over one month by +3.58%, over three months by +19.10% and over the past year by +79.05%.

Is ING a buy, sell or hold?

ING has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold ING.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ING price?

Issuer Target Up/Down from current
Wallstreet Target Price 29 -1%
Analysts Target Price 29 -1%

ING Fundamental Data Overview February 18, 2026

Market Cap EUR = 71.60b (84.98b USD * 0.8425 USD.EUR)
P/E Trailing = 11.5198
P/E Forward = 9.9108
P/S = 3.9107
P/B = 1.3879
P/EG = 1.5739
Revenue TTM = 41.55b EUR
EBIT TTM = 9.15b EUR
EBITDA TTM = 9.15b EUR
Long Term Debt = 169.33b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 169.33b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 116.44b EUR (from netDebt column, last quarter)
Enterprise Value = 134.61b EUR (71.60b + Debt 169.33b - CCE 106.31b)
Interest Coverage Ratio = unknown (Ebit TTM 9.15b / Interest Expense TTM 0.0)
EV/FCF = 12.98x (Enterprise Value 134.61b / FCF TTM 10.37b)
FCF Yield = 7.70% (FCF TTM 10.37b / Enterprise Value 134.61b)
FCF Margin = 24.95% (FCF TTM 10.37b / Revenue TTM 41.55b)
Net Margin = 15.23% (Net Income TTM 6.33b / Revenue TTM 41.55b)
Gross Margin = unknown ((Revenue TTM 41.55b - Cost of Revenue TTM 1.30b) / Revenue TTM)
Tobins Q-Ratio = 0.13 (Enterprise Value 134.61b / Total Assets 1054.40b)
Interest Expense / Debt = 0.03% (Interest Expense 45.0m / Debt 169.33b)
Taxrate = 28.93% (606.0m / 2.10b)
NOPAT = 6.50b (EBIT 9.15b * (1 - 28.93%))
Current Ratio = 0.13 (Total Current Assets 106.31b / Total Current Liabilities 819.08b)
Debt / Equity = 3.41 (Debt 169.33b / totalStockholderEquity, last quarter 49.70b)
Debt / EBITDA = 12.73 (Net Debt 116.44b / EBITDA 9.15b)
Debt / FCF = 11.23 (Net Debt 116.44b / FCF TTM 10.37b)
Total Stockholder Equity = 49.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.61% (Net Income 6.33b / Total Assets 1054.40b)
RoE = 12.66% (Net Income TTM 6.33b / Total Stockholder Equity 49.98b)
RoCE = 4.17% (EBIT 9.15b / Capital Employed (Equity 49.98b + L.T.Debt 169.33b))
RoIC = 2.97% (NOPAT 6.50b / Invested Capital 218.91b)
WACC = 2.69% (E(71.60b)/V(240.93b) * Re(9.02%) + D(169.33b)/V(240.93b) * Rd(0.03%) * (1-Tc(0.29)))
Discount Rate = 9.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -6.61%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈10.37b ; Y1≈6.81b ; Y5≈3.11b
Fair Price DCF = N/A (negative equity: EV 98.94b - Net Debt 116.44b = -17.51b; debt exceeds intrinsic value)
EPS Correlation: 54.92 | EPS CAGR: 51.51% | SUE: 2.41 | # QB: 2
Revenue Correlation: 13.25 | Revenue CAGR: 6.37% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.67 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=2.77 | Chg30d=+0.159 | Revisions Net=+2 | Growth EPS=+9.6% | Growth Revenue=+4.3%
EPS next Year (2027-12-31): EPS=3.04 | Chg30d=+0.127 | Revisions Net=+1 | Growth EPS=+9.8% | Growth Revenue=+6.9%

Additional Sources for ING Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle