ING
ING Group NV ADR
NYSE: ING · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$28.93
+4.63% today
Updated 2026-04-30
Market cap
$80.31B
P/E ratio
11.27
P/S ratio
3.28x
EPS (TTM)
$2.48
Dividend yield
3.92%
52W range
$18 – $30
Volume
3.1M
ING Group NV ADR (ING) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $123.52B | $143.94B | $149.31B | $114.72B | $100.01B | $83.54B | $61.57B | $54.81B | $51.09B | $50.13B | $48.34B | $47.94B | $32.33B | $32.44B | $26.93B | $25.78B | $18.59B | $58.90B | $66.41B | $23.04B |
| Revenue growth (YoY) | — | +16.5% | +3.7% | -23.2% | -12.8% | -16.5% | -26.3% | -11.0% | -6.8% | -1.9% | -3.6% | -0.8% | -32.6% | +0.3% | -17.0% | -4.3% | -27.9% | +216.8% | +12.7% | -65.3% |
| Cost of revenue | $50.08B | $67.90B | $87.25B | $70.45B | $56.76B | $52.87B | $50.24B | $41.98B | $37.46B | $35.11B | $31.91B | $31.03B | $14.88B | $15.50B | $11.74B | $7.99B | $16.54B | $36.75B | $45.00B | $1.30B |
| Gross profit | $73.44B | $76.04B | $62.06B | $44.27B | $43.25B | $30.67B | $11.32B | $12.82B | $13.63B | $15.02B | $16.43B | $16.92B | $17.44B | $16.94B | $15.19B | $17.79B | $18.59B | $22.15B | $21.41B | $21.73B |
| Gross margin | 59.5% | 52.8% | 41.6% | 38.6% | 43.2% | 36.7% | 18.4% | 23.4% | 26.7% | 30.0% | 34.0% | 35.3% | 54.0% | 52.2% | 56.4% | 69.0% | 100.0% | 37.6% | 32.2% | 94.3% |
| R&D | — | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $58.20B | $59.23B | $60.56B | $39.99B | $34.86B | $21.54B | $6.14B | $6.26B | $7.11B | $5.59B | $5.62B | $5.79B | $5.99B | $6.08B | $6.54B | $6.66B | $6.85B | $7.33B | $7.69B | $8.04B |
| Operating income | $9.94B | $11.55B | $-5.20B | $-2.49B | $3.05B | $5.08B | $3.38B | $4.17B | $3.71B | $6.17B | $5.90B | $7.27B | $6.75B | $6.83B | $3.81B | $6.78B | $4.69B | $10.49B | $9.30B | $9.15B |
| Operating margin | 8.0% | 8.0% | -3.5% | -2.2% | 3.1% | 6.1% | 5.5% | 7.6% | 7.3% | 12.3% | 12.2% | 15.2% | 20.9% | 21.1% | 14.1% | 26.3% | 25.2% | 17.8% | 14.0% | 39.7% |
| EBITDA | $11.24B | $12.94B | $-3.70B | $-791.00M | $4.78B | $6.59B | $4.16B | $4.93B | $4.40B | $6.81B | $6.44B | $7.79B | $7.27B | $7.62B | $4.64B | $7.62B | $6.12B | $11.17B | $9.97B | $9.15B |
| EBITDA margin | 9.1% | 9.0% | -2.5% | -0.7% | 4.8% | 7.9% | 6.8% | 9.0% | 8.6% | 13.6% | 13.3% | 16.2% | 22.5% | 23.5% | 17.2% | 29.5% | 32.9% | 19.0% | 15.0% | 39.7% |
| EBIT | $9.94B | $11.55B | $-5.20B | $-2.49B | $3.05B | $5.08B | $3.38B | $4.17B | $3.71B | $6.17B | $5.90B | $7.27B | $6.75B | $6.83B | $3.81B | $6.78B | $5.41B | $10.49B | $9.30B | — |
| Interest expense | $49.98B | $67.77B | $85.97B | $67.47B | $55.01B | $51.20B | $48.12B | $39.69B | $35.87B | $33.76B | $30.94B | $30.35B | $14.23B | $14.38B | $9.09B | $7.50B | $14.71B | $36.25B | $43.88B | $36.37B |
| Income tax | $1.91B | $1.67B | $-1.67B | $-780.00M | $994.00M | $1.05B | $856.00M | $1.04B | $971.00M | $1.64B | $1.62B | $2.28B | $2.04B | $1.96B | $1.25B | $1.88B | $1.73B | $2.97B | $2.65B | $2.54B |
| Effective tax rate | 19.9% | 14.8% | 32.3% | 34.3% | 29.6% | 18.1% | 18.7% | 22.6% | 43.7% | 29.0% | 25.8% | 31.7% | 30.6% | 29.0% | 33.4% | 28.2% | 32.0% | 29.0% | 29.3% | 28.7% |
| Net income | $7.69B | $9.62B | $-3.49B | $-1.49B | $2.37B | $4.75B | $3.73B | $3.54B | $1.25B | $4.01B | $4.65B | $4.91B | $4.61B | $4.78B | $2.48B | $4.78B | $3.67B | $7.29B | $6.39B | $6.33B |
| Net income growth (YoY) | — | +25.1% | -136.3% | +57.2% | +258.4% | +100.8% | -21.6% | -4.9% | -64.7% | +220.5% | +16.0% | +5.5% | -6.1% | +3.8% | -48.0% | +92.2% | -23.1% | +98.3% | -12.3% | -1.0% |
| Profit margin | 6.2% | 6.7% | -2.3% | -1.3% | 2.4% | 5.7% | 6.1% | 6.5% | 2.4% | 8.0% | 9.6% | 10.2% | 14.3% | 14.7% | 9.2% | 18.5% | 19.8% | 12.4% | 9.6% | 27.5% |