Ing Group Nv Stock Net Income
ING Stock | USD 16.49 0.23 1.41% |
ING Group NV fundamentals help investors to digest information that contributes to ING Group's financial success or failures. It also enables traders to predict the movement of ING Stock. The fundamental analysis module provides a way to measure ING Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ING Group stock.
At this time, ING Group's Net Income Applicable To Common Shares is most likely to decrease significantly in the upcoming years. The ING Group's current Net Income Per E B T is estimated to increase to 0.81, while Net Income is projected to decrease to roughly 6.4 B. ING | Net Income |
ING Net Income Analysis
ING Group's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
More About Net Income | All Equity Analysis
ING Group Net Income |
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Net Income | = | (Rev + Gain) | - | (Exp + Loss) |
Current ING Group Net Income | 10.49 B |
Most of ING Group's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ING Group NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ING Net Income Historical Pattern
Today, most investors in ING Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ING Group's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ING Group net income as a starting point in their analysis.
ING Group Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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ING Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, ING Group NV reported net income of 10.49 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is significantly lower than that of the firm.
ING Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ING Group's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ING Group could also be used in its relative valuation, which is a method of valuing ING Group by comparing valuation metrics of similar companies.ING Group is currently under evaluation in net income category among related companies.
ING Group Institutional Holders
Institutional Holdings refers to the ownership stake in ING Group that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ING Group's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ING Group's value.Shares | Envestnet Asset Management Inc | 2023-12-31 | 3 M | Todd Asset Management | 2023-12-31 | 2.5 M | Natixis Advisors, Llc. | 2023-12-31 | 1.8 M | Causeway Capital Management Llc | 2023-12-31 | 1.6 M | Teachers Retirement System Of The State Of Kentucky | 2023-12-31 | 1.4 M | Cambiar Investors Llc | 2023-12-31 | 1.4 M | Wells Fargo & Co | 2023-12-31 | 1.3 M | Jpmorgan Chase & Co | 2023-12-31 | 1.2 M | Hightower Advisors, Llc | 2023-12-31 | 1 M | Fisher Asset Management, Llc | 2023-12-31 | 63.7 M | Goldman Sachs Group Inc | 2023-12-31 | 17.1 M |
ING Fundamentals
Return On Equity | 0.0777 | |||
Return On Asset | 0.0045 | |||
Profit Margin | 0.23 % | |||
Operating Margin | (2.15) % | |||
Current Valuation | 148.69 B | |||
Shares Outstanding | 3.3 B | |||
Shares Owned By Institutions | 5.05 % | |||
Number Of Shares Shorted | 2.67 M | |||
Price To Earning | 15.68 X | |||
Price To Book | 0.97 X | |||
Price To Sales | 3.09 X | |||
Revenue | 22.58 B | |||
Gross Profit | 29.42 B | |||
EBITDA | (235 M) | |||
Net Income | 10.49 B | |||
Cash And Equivalents | 259.31 B | |||
Cash Per Share | 68.96 X | |||
Total Debt | 163.33 B | |||
Debt To Equity | 3.09 % | |||
Current Ratio | 1.20 X | |||
Book Value Per Share | 16.36 X | |||
Cash Flow From Operations | (11.34 B) | |||
Short Ratio | 0.79 X | |||
Earnings Per Share | 2.21 X | |||
Price To Earnings To Growth | 0.41 X | |||
Target Price | 17.84 | |||
Number Of Employees | 60 K | |||
Beta | 1.61 | |||
Market Capitalization | 54.4 B | |||
Total Asset | 975.58 B | |||
Retained Earnings | 36.85 B | |||
Working Capital | (434.29 B) | |||
Current Asset | 190.87 B | |||
Current Liabilities | 625.16 B | |||
Z Score | -0.26 | |||
Annual Yield | 0.07 % | |||
Five Year Return | 5.57 % | |||
Net Asset | 975.58 B | |||
Last Dividend Paid | 1.11 |
About ING Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ING Group NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ING Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ING Group NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Net Income | 10.5 B | 6.4 B | |
Net Income Applicable To Common Shares | 3.3 B | 4.6 B | |
Net Income From Continuing Ops | 7.5 B | 5.2 B | |
Net Income Per E B T | 0.69 | 0.81 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ING Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ING Group's short interest history, or implied volatility extrapolated from ING Group options trading.
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When running ING Group's price analysis, check to measure ING Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ING Group is operating at the current time. Most of ING Group's value examination focuses on studying past and present price action to predict the probability of ING Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ING Group's price. Additionally, you may evaluate how the addition of ING Group to your portfolios can decrease your overall portfolio volatility.
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Is ING Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ING Group. If investors know ING will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ING Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 1.106 | Earnings Share 2.21 | Revenue Per Share 4.947 | Quarterly Revenue Growth (0.95) |
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ING Group's market value can be influenced by many factors that don't directly affect ING Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.