About
About ING Groep N.V
ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. The company operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. It accepts current and savings accounts; and time deposits. The company also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, it provides working capital solutions; debt and equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. The company serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
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5 years, 4 months ago
ING Groep N.V is currently in a long term uptrend where the price is trading 17.3% above its 200 day moving average.
From a valuation standpoint, the stock is 78.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.3.
ING Groep N.V's total revenue rose by 27.0% to $4B since the same quarter in the previous year.
Its net income has dropped by 77.8% to $493M since the same quarter in the previous year.
Finally, its free cash flow grew by 509.6% to $77B since the same quarter in the previous year.
Based on the above factors, ING Groep N.V gets an overall score of 4/5.