ING Groep N.V.
Research ING Groep N.V. (ING) on Bullrun: valuation model: 8.9% overvalued, market cap USD 95.43B, P/E 12.4, dividend yield 4.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerING
- ExchangeNYSE
- CountryNetherlands
- SectorFinancial Services
- IndustryBanks-Diversified
- CurrencyUSD
- Valuation signal8.9% overvalued
- Market capUSD 95.43B
- P/E12.4
- Dividend yield4.0%
- Financial periodQ2 2026
- RevenueEUR 6.26B
- Net incomeEUR 1.95B
Valuation Snapshot
Bullrun's latest valuation model marks ING Groep N.V. as 8.9% overvalued; latest market cap is USD 95.43B; P/E is 12.4; dividend yield is 4.0%.
Peer valuation comparison
Latest P/E is 12.42x versus a Financial Services sector median of 13.39x (7.3% below).
Latest dividend yield is 4.01% versus a Financial Services sector median of 3.66% (9.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | EUR 22.90B | EUR 6.33B | -EUR 6.73B | n/a | 2.12 | EUR 52.89B | EUR 179.22B | EUR 49.70B |
| FY2024 | EUR 22.55B | EUR 6.39B | -EUR 22.88B | n/a | 1.98 | EUR 70.35B | EUR 171.33B | EUR 50.31B |
| FY2023 | EUR 22.67B | EUR 7.29B | -EUR 11.59B | n/a | 2.04 | EUR 90.21B | EUR 150.00B | EUR 51.24B |
| FY2022 | EUR 18.89B | EUR 3.67B | -EUR 11.34B | n/a | 1.01 | EUR 87.61B | EUR 119.50B | EUR 49.91B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 95.43B | 12.4 | 4.0% | 1.34 |
| 2025 | 2025-12-31 | USD 81.27B | 11.7 | n/a | n/a |
| 2024 | 2024-12-31 | USD 48.52B | 40.2 | 7.7% | 1.2 |
| 2023 | 2023-12-29 | USD 50.26B | n/a | 5.9% | 0.88 |
| 2022 | 2022-12-30 | USD 44.68B | 36.9 | 7.1% | 0.87 |
| 2021 | 2021-12-31 | USD 52.56B | 44.9 | 5.1% | 0.71 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.34 USD, yield 4.0%.
| Year | Dividends/share |
|---|---|
| FY2024 | 1.2 EUR |
| FY2023 | 0.88 EUR |
| FY2022 | 0.87 EUR |
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.
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Frequently asked questions
Is ING Groep N.V. overvalued or undervalued?
Bullrun's valuation model currently marks ING Groep N.V. as 8.9% overvalued.
What is ING Groep N.V.'s market cap?
ING Groep N.V.'s market capitalization is USD 95.43B.
What is ING Groep N.V.'s P/E ratio?
ING Groep N.V.'s price-to-earnings (P/E) ratio is 12.4.
Does ING Groep N.V. pay a dividend?
ING Groep N.V. has a dividend yield of 4.0%.
What does ING Groep N.V. do?
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.