ING has posted stronger-than-expected performance so far this year, which has driven management's guidance upgrade for 2026 and 2027. We now revise our near-term assumptions upward, while our midterm view remains moderate.
ING benefits from a very attractive funding structure dominated by cheap, sticky retail deposits.
ING relies on net interest income for the bulk of its revenue, and without the tailwind from higher interest rates, growing revenue will be challenging.
|
Metric
|
INGA
|
KBC
|
ABN
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.65 | 13.34 | 14.55 |
Price/Book Value | 1.69 | 1.89 | 1.37 |
Price/Sales | 3.63 | 3.63 | 3.62 |
Price/Cash Flow | 6.71 | 10.34 | 8.49 |
|
Metric
|
INGA
|
KBC
|
ABN
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
INGA
|
KBC
|
ABN
|
|---|---|---|---|
Return on Assets (Normalized) | 0.64% | 0.96% | 0.59% |
Return on Equity (Normalized) | 14.13% | 15.28% | 10.61% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States