ING Groep N.V. (ING) Financials

NYSE:ING

Market Cap

48.74B

Total Revenue

29.00M

Gross Profit

29.00M

Operating Income

4.69B

Net Income

3.67B

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	27,928,000,000	15,296,000,000	16,552,000,000	17,386,000,000	17,774,000,000	18,176,000,000	18,307,000,000	17,819,000,000	18,285,000,000	29,000,000
costOfRevenue	--	397,000,000	201,000,000	--	158,000,000	18,000,000	--	--	--	--
grossProfit	27,928,000,000	14,899,000,000	16,351,000,000	17,386,000,000	17,616,000,000	18,158,000,000	18,307,000,000	17,819,000,000	18,285,000,000	29,000,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	455,000,000	405,000,000	418,000,000	404,000,000	455,000,000	402,000,000	391,000,000	335,000,000	305,000,000	331,000,000
generalAndAdministrativeExpenses	16,383,000,000	8,891,000,000	6,343,000,000	6,359,000,000	5,789,000,000	5,984,000,000	6,080,000,000	6,137,000,000	6,222,000,000	6,850,000,000
sellingGeneralAndAdministrativeExpenses	16,838,000,000	8,891,000,000	6,761,000,000	6,763,000,000	6,244,000,000	6,386,000,000	6,471,000,000	6,472,000,000	6,527,000,000	7,181,000,000
operatingExpenses	-10,827,000,000	23,386,000,000	23,056,000,000	19,824,000,000	19,814,000,000	2,424,000,000	-11,571,000,000	-14,087,000,000	-11,632,000,000	4,659,000,000
operatingIncome	17,101,000,000	38,285,000,000	39,407,000,000	37,210,000,000	37,430,000,000	20,582,000,000	6,736,000,000	3,732,000,000	6,653,000,000	4,688,000,000
totalOtherIncomeExpensesNet	-11,188,000,000	-33,561,000,000	-33,448,000,000	-31,307,000,000	-30,162,000,000	-13,744,000,000	98,000,000	78,000,000	129,000,000	814,000,000
ebitda	46,509,000,000	38,373,000,000	40,041,000,000	37,746,000,000	37,950,000,000	21,102,000,000	7,525,000,000	4,561,000,000	7,487,000,000	5,399,000,000
depreciationAndAmortization	765,000,000	88,000,000	634,000,000	536,000,000	520,000,000	520,000,000	789,000,000	829,000,000	834,000,000	711,000,000
interestIncome	51,394,000,000	12,376,000,000	12,590,000,000	44,182,000,000	13,714,000,000	13,916,000,000	14,079,000,000	22,709,000,000	21,113,000,000	28,471,000,000
interestExpense	39,693,000,000	35,859,000,000	33,760,000,000	30,941,000,000	30,244,000,000	13,852,000,000	14,377,000,000	9,111,000,000	7,498,000,000	14,714,000,000
incomeBeforeTax	5,913,000,000	4,724,000,000	5,959,000,000	5,903,000,000	7,268,000,000	6,838,000,000	6,834,000,000	3,810,000,000	6,782,000,000	5,502,000,000
incomeTaxExpense	1,474,000,000	1,221,000,000	1,668,000,000	1,618,000,000	2,280,000,000	2,027,000,000	1,955,000,000	1,317,000,000	1,877,000,000	1,725,000,000
netIncome	4,577,000,000	1,251,000,000	4,010,000,000	4,651,000,000	4,905,000,000	4,703,000,000	4,781,000,000	2,415,000,000	4,776,000,000	3,674,000,000
eps	0.79	0.13	1.04	1.2	1.26	1.21	1.23	0.64	1.23	0.94
epsdiluted	0.79	0.13	1.03	1.2	1.26	1.21	1.23	0.64	1.23	0.94
weightedAverageShsOut	3,825,000,000	3,849,700,000	3,864,800,000	3,875,000,000	3,882,800,000	3,890,591,099	3,894,800,000	3,898,900,000	3,888,500,000	3,888,500,000
weightedAverageShsOutDil	3,833,500,000	3,856,000,000	3,870,300,000	3,878,500,000	3,885,600,000	3,890,591,099	3,895,300,000	3,901,100,000	3,890,700,000	3,890,700,000
costAndExpenses	-10,827,000,000	397,000,000	201,000,000	19,824,000,000	158,000,000	2,424,000,000	-11,571,000,000	-14,087,000,000	-11,632,000,000	4,659,000,000
otherExpenses	-27,665,000,000	14,495,000,000	16,295,000,000	13,061,000,000	13,570,000,000	-3,962,000,000	-18,042,000,000	-20,559,000,000	-18,159,000,000	-2,522,000,000

Key Facts

Industry

Banks—Diversified

Sector

Financial Services

Headquarters

Amsterdam, , NL

Website

ing.com

CEO

Mr. Steven J. A. van Rijswijk

Employees

59000

About the Company

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans. It also provides debt capital market, working capital, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, equity market, finance, payments and cash management, and trade services and solutions, as well as savings, investment, insurance, mortgage, and digital banking services. The company serves customers, corporate clients, and financial institutions, including small and medium-sized, and mid-corporates. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.