Company ING Groep N.V.

Equities

INGA

NL0011821202

Banks

Market Closed - Euronext Amsterdam 11:37:08 2024-05-24 EDT After market 13:11:08
16.35 EUR -0.54% Intraday chart for ING Groep N.V. 16.3 -0.32%

Business Summary

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

- retail banking (66.7%). Revenues breaks down by country between the Netherlands (33.2%), Germany (20.9%), Belgium (17.8%), and other (28.1%);

- corporate banking (31.3%);

- other (2%).

At the end of 2023, the group managed EUR 650.3 billion in current deposits and EUR 642.4 billion in current credits.

Number of employees: 60,000

Sales per Business

EUR in Million2022Weight2023Weight Delta
Wholesale Banking
31.3 %
6,325 34.1 % 7,057 31.3 % +11.57%
Retail Netherlands
22.2 %
4,196 22.6 % 5,001 22.2 % +19.18%
Retail Other
18.8 %
3,663 19.7 % 4,233 18.8 % +15.56%
Retail Germany
14.0 %
2,172 11.7 % 3,152 14.0 % +45.12%
Retail Belgium
11.9 %
2,147 11.6 % 2,683 11.9 % +24.97%
Corporate Line
2.0 %
58 0.3 % 450 2.0 % +675.86%

Sales per region

EUR in Million2022Weight2023Weight Delta
Netherlands
28.5 %
5,033 27.1 % 5,171 28.5 % +2.74%
Poland
13.0 %
1,652 8.9 % 2,350 13.0 % +42.25%
Belgium
10.6 %
2,353 12.7 % 1,917 10.6 % -18.53%
Germany
6.9 %
2,815 15.2 % 1,244 6.9 % -55.81%
Spain
6.4 %
877 4.7 % 1,156 6.4 % +31.81%
United States
6.2 %
892 4.8 % 1,124 6.2 % +26.01%
Australia
5.7 %
948 5.1 % 1,033 5.7 % +8.97%
United Kingdom
4.2 %
693 3.7 % 758 4.2 % +9.38%
Romania
3.8 %
584 3.1 % 690 3.8 % +18.15%
Luxembourg
3.2 %
422 2.3 % 587 3.2 % +39.10%
Italy
2.4 %
345 1.9 % 433 2.4 % +25.51%
Singapore
2.0 %
354 1.9 % 354 2.0 % 0.00%
Switzerland
1.4 %
290 1.6 % 248 1.4 % -14.48%
France
1.2 %
372 2.0 % 221 1.2 % -40.59%
Russia
0.8 %
246 1.3 % 136 0.8 % -44.72%
Hong Kong
0.6 %
82 0.4 % 101 0.6 % +23.17%
South Korea
0.5 %
86 0.5 % 92 0.5 % +6.98%
Hungary
0.5 %
82 0.4 % 85 0.5 % +3.66%
Ireland
0.5 %
66 0.4 % 83 0.5 % +25.76%
Czech Republic
0.4 %
78 0.4 % 76 0.4 % -2.56%
Ukraine
0.3 %
45 0.2 % 53 0.3 % +17.78%
Japan
0.2 %
30 0.2 % 40 0.2 % +33.33%
Taiwan
0.2 %
33 0.2 % 39 0.2 % +18.18%
Bulgaria
0.1 %
15 0.1 % 23 0.1 % +53.33%
Slovakia
0.1 %
15 0.1 % 20 0.1 % +33.33%
Brazil
0.1 %
17 0.1 % 18 0.1 % +5.88%
China
0.1 %
30 0.2 % 18 0.1 % -40.00%
Portugal
0.1 %
15 0.1 % 17 0.1 % +13.33%
Turkey
0.1 %
64 0.3 % 14 0.1 % -78.12%
Philippines
0.1 %
10 0.1 % 10 0.1 % 0.00%
Austria
0.0 %
19 0.1 % 9 0.0 % -52.63%
United Arab Emirates
0.0 %
-1 0.0 % -2 0.0 % +100.00%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 94-12-31
Director of Finance/CFO 59 19-02-06
Chief Operating Officer 54 97-12-31
Investor Relations Contact 41 06-12-31
Investor Relations Contact - 17-03-30
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 21-03-31
Corporate Secretary - -
Corporate Officer/Principal 53 20-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 60 23-06-30
Director/Board Member 68 19-04-22
Director/Board Member 60 21-04-25
Director/Board Member 57 19-09-30
Director/Board Member 60 23-04-23
Director/Board Member 61 20-09-30
Director/Board Member 71 17-05-07
Director/Board Member 55 20-04-27
Director/Board Member 69 20-04-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,498,200,000 3,148,705,630 ( 90.01 %) 195,700,000 ( 5.594 %) 90.01 %
Stock B 0 5,296,020 0 5,296,020 ( 100.00 %)

Shareholders

NameEquities%Valuation
175,453,820 5.311 % 2 788 M €
Artisan Partners LP
3.334 %
110,126,133 3.334 % 1 750 M €
Norges Bank Investment Management
3.080 %
101,729,749 3.080 % 1 617 M €
Amundi Asset Management SA (Investment Management)
2.605 %
86,044,171 2.605 % 1 367 M €
Capital Research & Management Co. (Global Investors)
1.742 %
57,557,399 1.742 % 915 M €
Lyxor International Asset Management SAS
0.9911 %
32,738,328 0.9911 % 520 M €
Barings (UK) Ltd.
0.7174 %
23,697,851 0.7174 % 377 M €
MFS International Singapore Pte Ltd.
0.6394 %
21,123,126 0.6394 % 336 M €
Eleva Capital LLP
0.4882 %
16,126,149 0.4882 % 256 M €
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
0.4600 %
15,194,924 0.4600 % 241 M €
NameEquities%Valuation
Fisher Asset Management LLC
1.997 %
65,952,033 1.997 % 1 037 M €
U.S. Trust Company of Delaware
0.2595 %
8,572,704 0.2595 % 135 M €
Eaton Vance Management
0.2292 %
7,569,806 0.2292 % 119 M €
The Ayco Co. LP
0.2290 %
7,563,210 0.2290 % 119 M €
Aristotle Capital Management LLC
0.2160 %
7,136,726 0.2160 % 112 M €
RBC Private Counsel (USA), Inc.
0.2012 %
6,647,609 0.2012 % 105 M €
Fidelity Management & Research Co. LLC
0.1612 %
5,326,186 0.1612 % 84 M €
Lazard Asset Management LLC
0.1481 %
4,892,252 0.1481 % 77 M €
Wells Fargo Bank NA
0.1438 %
4,749,046 0.1438 % 75 M €
Arrowstreet Capital LP
0.1002 %
3,308,888 0.1002 % 52 M €

Holdings

NameEquities%Valuation
97,575,000 75.00% 7,668,450,474 $
175,453,820 5.31% 2,788,169,990 $
2,755,013,100 15.10% 2,122,902,894 $
22,190,033,791 22.81% 1,083,761,250 $
2,641,241 0.04% 1,028,314,359 $
5,036,906 0.03% 857,936,199 $
893,103 0.04% 771,658,854 $
1,380,313 0.15% 622,797,226 $
3,534,777 0.03% 618,585,975 $
2,165,740 0.04% 352,539,157 $

Company contact information

ING Groep NV

Bijlmerdreef 106

1102 CT, Amsterdam

+31 20 563 9111

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

Group companies

NameCategory and Sector
IBAL Covered Bond Trust
Investment Trusts/Mutual Funds
The Trustee for IDOL 2023-1 Trust
Investment Trusts/Mutual Funds
ING Real Estate Lion Mexico Fund BV
Real Estate Development
ING REIM Development US Holding BV
ING Vastgoed Ontwikkeling BV
Nationale-Nederlanden Intervest II BV
Ing Real Estate Investment Management Holding BV
Financial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
16.44 EUR
Average target price
17.17 EUR
Spread / Average Target
+4.43%
Consensus
  1. Stock Market
  2. Equities
  3. INGA Stock
  4. Company ING Groep N.V.