Business description: ING Groep N.V.

ING Groep N.V. is the leading financial services group in Benelux. Income breaks down by activity as follows:

- retail banking (67.4%). Revenues breaks down by country between the Netherlands (32.2%), Germany (19.1%), Belgium (18%), and other (30.7%);

- corporate banking (30.9%);

- other (1.7%).

At the end of 2024, the group managed EUR 691.7 billion in current deposits and EUR 680.2 billion in current credits.

Number of employees: 60,000

Sales by Activity: ING Groep N.V.

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Wholesale Banking

4.04B 5.8B 5.1B 7.15B 6.35B

Retail Banking Netherlands

4.31B 4.34B 4.13B 5B 4.92B

Retail Banking Other

2.67B 3.4B 3.36B 3.92B 4.4B

Retail Banking Germany

2.06B 1.96B 2.04B 3.03B 2.76B

Retail Banking Belgium

1.86B 2.25B 2.01B 2.51B 2.62B

Corporate Line

16M 226M 56M 445M 377M

Unallocated Adjustment of The EU 'IAS 39 Carve Out'

- - 11.86B -4.46B -1.53B
See all business segments

Geographical breakdown of sales: ING Groep N.V.

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Netherlands

5.41B 5.68B 8.83B 5.17B 5.2B

Belgium

2.58B 2.72B 4.36B 1.92B 2.77B

Poland

1.4B 1.51B 1.65B 2.35B 2.62B

Germany

2.54B 2.39B 8.57B 1.24B 2.58B

United States

720M 936M 892M 1.12B 1.28B

Spain

679M 743M 899M 1.16B 1.22B

Australia

740M 782M 948M 1.03B 994M

United Kingdom

546M 636M 693M 758M 811M

Romania

456M 495M 584M 690M 749M

Italy

337M 335M 345M 433M 513M

Singapore

353M 331M 354M 354M 474M

Luxemburg

300M 338M 503M 587M 469M

Switzerland

187M 241M 290M 248M 228M

France

266M 271M 557M 221M 214M

Türkiye

420M 335M 64M 14M 142M

Russia

51M 38M 246M 136M 139M

Ireland

72M 70M 66M 83M 135M

South Korea

66M 65M 86M 92M 86M

Czech Republic

83M 121M 78M 76M 77M

Hong Kong

92M 79M 82M 101M 76M

Hungary

43M 44M 82M 85M 63M

Ukraine

26M 22M 45M 53M 45M

Japan

29M 25M 30M 40M 42M

China

26M 26M 30M 18M 29M

Bulgaria

13M 14M 15M 23M 27M

Taiwan

36M 26M 33M 39M 27M

Portugal

16M 15M 15M 17M 23M

Slovakia

18M 15M 15M 20M 22M

Philippines

13M 6M 10M 10M 16M

Austria

75M 175M 19M 9M 10M

Mexico

1M 1M - - 6M

Brazil

30M 13M 17M 18M 4M

Colombia

1M - - - -

Malaysia

1M - - - -

United Arab Emirates

- - -1M -2M -

Canada

3M - - - -
See all geographic segments

Executive Committee: ING Groep N.V.

Manager TitleAgeSince
Chief Executive Officer 56 2020-06-30
Director of Finance/CFO 61 2019-02-06
Chief Operating Officer 56 2021-08-31
Investor Relations Contact 43 2023-10-11
Corporate Officer/Principal - -
See ING GROEP N.V. governance

Composition of the Board of Directors: ING Groep N.V.

Director TitleAgeSince
Director/Board Member 72 2017-05-07
Director/Board Member 70 2019-04-22
Director/Board Member 59 2019-09-30
Director/Board Member 71 2020-04-27
Director/Board Member 57 2020-04-27
Director/Board Member 63 2020-09-30
Director/Board Member 62 2021-04-25
Director/Board Member 62 2023-04-23
Chairman 61 2023-06-30
Director/Board Member 64 2025-04-21
Composition of the Board of Directors

Shareholders: ING Groep N.V.

NameEquities%Valuation
Capital Research & Management Co. (Global Investors)
5.052 %
152,644,673 5.052 % 4 304 M €
Norges Bank Investment Management
3.27 %
98,803,996 3.27 % 2 786 M €
0.6086 %
18,389,361 0.6086 % 519 M €
Nordea Investment Management AB
0.3892 %
11,758,366 0.3892 % 332 M €
FMR Investment Management (UK) Ltd.
0.2728 %
8,242,778 0.2728 % 232 M €
NameEquities%Valuation
Fisher Asset Management LLC
1.891 %
57,140,954 1.891 % 1 600 M €
Eaton Vance Management
0.4277 %
12,922,312 0.4277 % 362 M €
Goldman Sachs Wealth Services LP
0.252 %
7,613,728 0.252 % 213 M €
Arrowstreet Capital LP
0.2513 %
7,594,231 0.2513 % 213 M €
U.S. Trust Company of Delaware
0.2411 %
7,285,220 0.2411 % 204 M €
List of ING GROEP N.V. shareholders

Holdings: ING Groep N.V.

NameEquities%Valuation
97,575,000 75% 9 294 M $
2,755,013,100 15.1% 2 160 M $
9,360,729 0.04% 1 746 M $
3,227,993 0.04% 1 561 M $
22,190,033,791 22.74% 1 423 M $
5,048,684 0.03% 1 373 M $
2,693,157 0.06% 932 M $
1,341,061 0.15% 766 M $
1,787,282 0.03% 559 M $
18,389,361 0.61% 519 M $

Company details: ING Groep N.V.

ING Groep NV

Bijlmerdreef 106

1102 CT, Amsterdam

+31 20 563 9111

http://www.ing.com
address ING Groep N.V.(INGA)

Group companies: ING Groep N.V.

NameCategory and Sector
Finance/Rental/Leasing
Finance/Rental/Leasing
Real Estate Development
See all subsidiaries

Other Banks

Change 5d. change 1-year change 3-years change Capi.($)
+0.20%+2.66%+57.71%+101.04% 84.23B
+1.04%-5.08%+20.57%+121.92% 842B
+0.72%-5.16%+13.84%+53.45% 382B
+0.16%+3.59%+29.07%+50.47% 365B
-0.39%+3.17%+49.75%+108.39% 283B
-0.65%-7.89%+14.66%+100.32% 273B
-0.25%+3.16%+30.07%+55.05% 269B
+0.03%-0.04%+35.08%+74.00% 237B
-0.44%+2.51%+15.98%+51.52% 233B
+0.88%+13.17%+60.11%+214.54% 214B
Average +0.13%+1.01%+32.68%+93.07% 318.31B
Weighted average by Cap. +0.30%-0.54%+28.01%+93.77%
See all sector performances
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
25.04EUR
Average target price
24.28EUR
Spread / Average Target
-3.06%
Consensus

Quarterly revenue - Rate of surprise

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