ING Groep N.V. Logo

ING Groep N.V.

ISIN: NL0011821202 | Ticker: INGA | LEI: 549300NYKK9MWM7GGW15
Sector: FinancialsSub-Industry: Diversified Banks
Country: Netherlands

About ING Groep N.V.

Company Description

ING is a global bank with a strong European base. Our more than 58,000 employees serve around 38 million customers, corporate clients and financial institutions in over 40 countries. Our purpose is to empower people to stay a step ahead in life and in business.

Our products include savings, payments, investments, loans and mortgages in most of our retail markets. For our Wholesale Banking clients we provide specialised lending, tailored corporate finance, debt and equity market solutions, sustainable finance solutions, payments & cash management and trade and treasury services.

Customer experience is what differentiates us and we’re continuously innovating to improve it. We also partner with others to bring disruptive ideas to market faster.

Year founded

1991

Served area

Worldwide

Headquarters

Amsterdamse Poort Bijlmerplein 106, 1102 Amsterdam – Netherlands

Financial statements

Download as Excel
Line item in (eur) 01.01.2019 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A N/A 937,275,000,000.00 951,290,000,000.00 967,817,000,000.00
Property Plant And Equipment N/A N/A 2,841,000,000.00 2,515,000,000.00 2,446,000,000.00
Investment Accounted For Using Equity Method N/A N/A 1,475,000,000.00 1,587,000,000.00 1,500,000,000.00
Deferred Tax Assets N/A N/A 773,000,000.00 957,000,000.00 1,796,000,000.00
Cash and cash equivalents 47,529,000,000.00 54,031,000,000.00 111,566,000,000.00 107,665,000,000.00 95,391,000,000.00
Equity And Liabilities N/A N/A 937,275,000,000.00 951,290,000,000.00 967,817,000,000.00
Equity 51,735,000,000.00 54,662,000,000.00 55,659,000,000.00 54,654,000,000.00 50,413,000,000.00
Retained Earnings N/A N/A 35,180,000,000.00 37,318,000,000.00 34,944,000,000.00
Other Reserves N/A N/A 2,329,000,000.00 -544,000,000.00 -2,189,000,000.00
Equity Attributable To Owners Of Parent N/A N/A 54,637,000,000.00 53,919,000,000.00 49,909,000,000.00
Noncontrolling Interests N/A N/A 1,022,000,000.00 736,000,000.00 504,000,000.00
Liabilities N/A N/A 881,616,000,000.00 896,635,000,000.00 917,405,000,000.00
Deferred Tax Liabilities N/A N/A 584,000,000.00 603,000,000.00 257,000,000.00
Line item in (eur) 01.01.2019/
01.01.2020
01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue N/A 17,637,000,000.00 18,490,000,000.00 18,561,000,000.00
Interest Revenue Calculated Using Effective Interest Method 25,347,000,000.00 20,854,000,000.00 18,639,000,000.00 24,537,000,000.00
Revenue From Interest 28,454,000,000.00 22,698,000,000.00 21,114,000,000.00 28,470,000,000.00
Interest Income On Other Financial Assets N/A 1,843,000,000.00 2,474,000,000.00 3,934,000,000.00
Other Income 214,000,000.00 20,000,000.00 236,000,000.00 N/A
Employee Benefits Expense 5,755,000,000.00 5,812,000,000.00 5,941,000,000.00 6,152,000,000.00
Other Expense By Nature 4,598,000,000.00 5,341,000,000.00 5,251,000,000.00 N/A
Profit Loss From Operating Activities 18,306,000,000.00 17,637,000,000.00 18,490,000,000.00 N/A
Gain Loss Arising From Derecognition Of Financial Assets Measured At Amortised Cost 38,000,000.00 189,000,000.00 0.00 -5,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 82,000,000.00 66,000,000.00 141,000,000.00 92,000,000.00
Profit Loss Before Tax 6,834,000,000.00 3,809,000,000.00 6,782,000,000.00 5,502,000,000.00
Income Tax Expense Continuing Operations 1,955,000,000.00 1,246,000,000.00 1,877,000,000.00 1,725,000,000.00
Profit Loss From Continuing Operations 4,879,000,000.00 2,563,000,000.00 4,905,000,000.00 N/A
Profit (loss) N/A 2,563,000,000.00 4,905,000,000.00 3,777,000,000.00
Profit Loss Attributable To Owners Of Parent 4,781,000,000.00 2,485,000,000.00 4,776,000,000.00 3,674,000,000.00
Profit Loss Attributable To Noncontrolling Interests 99,000,000.00 78,000,000.00 128,000,000.00 102,000,000.00
Line item in (eur) 01.01.2019 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A N/A 2,563,000,000.00 4,905,000,000.00 3,777,000,000.00
Adjustments For Depreciation And Amortisation Expense N/A 789,000,000.00 829,000,000.00 834,000,000.00 711,000,000.00
Adjustments For Provisions N/A 1,120,000,000.00 2,675,000,000.00 516,000,000.00 N/A
Other Adjustments To Reconcile Profit Loss N/A 32,000,000.00 1,261,000,000.00 413,000,000.00 5,524,000,000.00
Interest Paid Classified As Operating Activities N/A 14,550,000,000.00 9,672,000,000.00 8,705,000,000.00 14,193,000,000.00
Interest Received Classified As Operating Activities N/A 28,957,000,000.00 23,352,000,000.00 21,496,000,000.00 28,105,000,000.00
Other Inflows Outflows Of Cash Classified As Operating Activities N/A N/A -3,856,000,000.00 -7,175,000,000.00 -2,671,000,000.00
Cash Flows From Used In Operating Activities N/A 13,055,000,000.00 101,243,000,000.00 -14,943,000,000.00 -11,112,000,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A N/A -3,000,000.00 27,000,000.00 7,000,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 17,000,000.00 N/A N/A N/A
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 81,000,000.00 75,000,000.00 39,000,000.00 83,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 355,000,000.00 287,000,000.00 184,000,000.00 231,000,000.00
Proceeds From Other Longterm Assets Classified As Investing Activities N/A 744,000,000.00 N/A N/A N/A
Other Inflows Outflows Of Cash Classified As Investing Activities N/A -395,000,000.00 -300,000,000.00 -179,000,000.00 N/A
Cash Flows From Used In Investing Activities N/A -2,495,000,000.00 -8,487,000,000.00 6,220,000,000.00 -5,307,000,000.00
Payments To Acquire Or Redeem Entitys Shares N/A N/A N/A 1,608,000,000.00 N/A
Payments Of Lease Liabilities Classified As Financing Activities N/A 271,000,000.00 273,000,000.00 301,000,000.00 296,000,000.00
Dividends Paid Classified As Financing Activities N/A 2,679,000,000.00 3,000,000.00 2,382,000,000.00 3,093,000,000.00
Other Inflows Outflows Of Cash Classified As Financing Activities N/A 2,000,000.00 -1,000,000.00 1,000,000.00 0.00
Cash Flows From Used In Financing Activities N/A -4,154,000,000.00 -34,796,000,000.00 5,387,000,000.00 4,649,000,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A 6,406,000,000.00 57,960,000,000.00 -3,335,000,000.00 -11,770,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 95,000,000.00 -425,000,000.00 -565,000,000.00 -504,000,000.00
Cash and cash equivalents 47,529,000,000.00 54,031,000,000.00 111,566,000,000.00 107,665,000,000.00 95,391,000,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
11.05.23 S.J.A. van Rijswijk Non-Executive member Sell EUR 75,053.69
11.05.23 T. Phutrakul Non-Executive member Sell EUR 52,370.49
11.05.23 L.J. Cortan Non-Executive member Sell EUR 28,657.28
11.05.23 S.J.A. van Rijswijk Non-Executive member Other EUR 0.00
10.05.23 S.J.A. van Rijswijk Non-Executive member Other EUR 0.00
27.03.23 T. Phutrakul Non-Executive member Sell EUR 5,904.20
27.03.23 S.J.A. van Rijswijk Non-Executive member Sell EUR 1,770.20
27.03.23 S.J.A. van Rijswijk Non-Executive member Other EUR 0.00
01.02.23 T. Phutrakul Non-Executive member Other EUR 0.00
11.05.22 S.J.A. van Rijswijk Non-Executive member Sell EUR 12,430.44

Short Interest


Current short interest

Position Holder Short Interest in Percent Date
Marshall Wace LLP 0.51% 03.01.24
Qube Research & Technologies Ltd. 0.51% 21.02.24
Total 1.02%

Capital markets information

ISIN

NL0011821202

LEI

549300NYKK9MWM7GGW15

Sector

Financials

Industry Group

Banks

Industry

Banks

Sub-Industry

Diversified Banks

Listed Stock Exchange

Euronext Amsterdam

Stock Index

AEX

Main Stock Exchange

Contact Investor Relations department

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