ING Groep N.V. (INGVF)
ING Groep N.V. operates in the Banks - Diversified industry of the Financial Services sector, headquartered in Amsterdam, NH, NL. The stock last traded at $35.15, up 1.86% on the session, giving a market capitalisation of $100.41B. On trailing twelve-month figures it carries a trailing P/E of 13.43, a net margin of 28.2%. Its beta of 0.96 implies it has historically moved less than the broad market.
ING Groep N.V., a prominent financial institution with roots dating back to 1762, is headquartered in Amsterdam, the Netherlands. The company offers a wide array of banking products and services across a significant global presence, including the Netherlands, Belgium, Germany, Poland, the rest of Europe, North and Latin America, Asia, and Australia. Its business operations are segmented into Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The firm accepts various types of deposits, such as current and savings accounts. It provides diverse lending options, including business loans and consumer credit products like residential mortgages, term loans, revolving loans, and personal loans. Beyond core banking, ING Groep N.V. delivers specialized solutions such as debt capital market services, working capital financing, export finance, daily banking operations, treasury and risk management, and corporate finance. Additional offerings include specialized lending, equity market access, comprehensive financial advice, payment and cash management solutions, and trade services. The company also extends its portfolio to encompass savings plans, investment products, insurance, mortgages, and advanced digital banking facilities. ING Groep N.V. caters to a broad customer base, serving individual consumers, small, medium-sized, and mid-corporate clients, as well as other financial institutions.
ING Groep N.V. is most often compared with the following Financial Services names: