ING Groep stock
INGA.ASAMSING Groep N.V., Financial ServicesISIN NL0011821202
77Score 77 out of 100, Strong
Price and trend
71 / 100
Price history
+31% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 9.6% above it.
Since March 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 62).
The price is 7.1% below its 52-week high. Largest decline in 20 years: 93% (June 2007 to March 2009).
Chart figures for advanced users
- SMA 50$33.70
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$30.33
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)62
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$23.69
- The lowest closing price of the last twelve months.
- Resistance$35.80
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- ING Groep N.V. belongs to the Banks (Diversified) industry (Netherlands) and, with a market value of $94.32B, is number 21 of 33 companies in its industry on MEQIRI.
- In fiscal 2025 it earned $7.01B (down 1% year on year).
- For fiscal 2026, analysts expect on average adjusted earnings per share of $2.77 (up 18.9%).
Show more
- MEQIRI Score 77 out of 100 (Strong): rank 154 of 975 in Financial Services, median 68.
- The P/E is 12.7 (Banks (Diversified) median 11.9, own median of recent years 10.6).
- Our model puts fair value at $47.28, with the price 30% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 26.9% a year since 2020.Growth 100
- Share buybacksShare count down 23% since 2020.Capital allocation 88
- Below fair valuePrice 30% below the fair value of $47.28.Valuation 85
Weaknesses
- High leverageTotal assets 23.5 times equity.Stability 42
Its standout strengths are growth and capital allocation, while stability holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $33.77 and expensive above $78.80 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $63.18 (excess return model) and $31.38 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.3%. At 8.3% the fair value would be $42.02, at 6.3% it would be $55.18.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (11.9).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the quarter to 30 Sep 2026, revenue rose 6.4% on the same quarter a year earlier. Revenue has grown solidly since 2011, at about 8% per year. From 2011 revenue only includes continuing operations, sold or discontinued divisions have been reclassified. Earlier years are not comparable and not shown, and the margins for 2011 are not measured.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 40%, net 27%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out. From 2011 revenue only includes continuing operations, sold or discontinued divisions have been reclassified. Earlier years are not comparable and not shown, and the margins for 2011 are not measured.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 28 Jan 2027in 76 days
- Last reported
- 29 Oct 2026EPS reported $0.73 (expected $0.77)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $2.77−0.4%
- Revenue
- $27.37B−0.1%
- Earnings per share
- $3.30+1.0%
- Revenue
- $29.61B+0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −4.0%ING raised its 2027 outlook: total income is expected to exceed the original target by at least 1 billion euros, costs to land about 300 million euros below plan, and return on tangible equity to top 16% instead of the previous 14%. The 5 billion euro fee income target will already be reached in …
“In fee income, we are performing well ahead of plan, and we expect to already reach the EUR 5 billion mark this year, 1 year ahead of our original plan and on the back of strong momentum, both in commercial and in fee income, total income is expected to exceed our original target for 2027 by at least EUR 1 billion.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
What happened at ING Groep
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 77
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Diversified)
The next larger and next smaller companies by market value
- Bank of MontrealBMO $120.2B66
- Bank of Nova ScotiaBNS $112.94B68
- Bank of Communications601328.SS $111.97B63
- Canadian Imperial Bank of CommerceCM $105.36B73
- BarclaysBCS $76.55B63
- National Bank of CanadaNA.TO $58.88B72
- ABN AMRO BankABN.AS $37.98B68
- Svenska HandelsbankenSHB-A.ST $32.07B67
ETFs that hold ING Groep
Held by 170 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares EURO STOXX Banks 30-15 UCITS ETF (DE)EXX1 | 6.74% | 0.51% | €2.5B |
| Amundi Euro Stoxx Banks UCITS ETF AccLYBK | 6.66% | 0.30% | €6.23B |
| UBS MSCI EMU Socially Responsible UCITS ETF A DistributionUIMR | 4.86% | 0.20% | €1.23B |
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| Amundi MSCI EMU SRI Climate Paris Aligned UCITS ETF DR (C)SRHE | 4.59% | 0.18% | €121.19M |
| iShares STOXX Europe 600 Banks UCITS ETF (DE)EXV1 | 4.18% | 0.46% | €2.98B |
| iShares EURO STOXX Select Dividend 30 UCITS ETF (DE)EXSG | 3.64% | 0.31% | €613.09M |
| Amundi Euro Stoxx Select Dividend30 UCITS ETF DistC051 | 3.60% | 0.25% | €139.72M |
| iShares Euro Dividend UCITS ETF EUR DistIQQA | 3.60% | 0.40% | €1.67B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.