Stock

ING Groep N.V.

ING
42
Banks - Diversified · Financial Services
Price
$33.45
+0.18 (+0.54%)
Market Cap
$95.03B
Exchange
New York Stock Exchange
Winston Score
42
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Oct 18, 2026 · filings through Jun 30, 2026

§How the score breaks down

Bank Quality
Not counted
n/a
Growth
Mixed
9/20
Capital Strength
Not counted
n/a
Asset Quality
Not counted
n/a
Valuation
Strong
8/10
Ownership
Weak
1/15
Dividends
Good
3/5

21 of 50 counted points = Winston Score 42. Pillars marked n/a do not apply to this company and are left out of the total.

Share count falling — buybacks

−23.3% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 3.89B (2021) → 2.98B (2025)

§Winston Score History

The full picture

ING Groep N.V. is a Dutch bank headquartered in Amsterdam that offers everyday banking services to regular people and businesses. Its core products include checking and savings accounts, loans, mortgages, and investment services. ING is one of the largest banks in Europe and is well known for its digital-first approach, operating primarily under the ING brand across more than 40 countries.

ING makes money mainly through net interest income — the difference between what it charges borrowers and what it pays savers — as well as fees on financial products and services. The bank serves roughly 40 million customers, with its strongest presence in the Netherlands, Belgium, Germany, and other European markets. Its large retail deposit base and recognizable brand give it a stable funding advantage, but its main risk is exposure to rising credit losses if economic conditions in Europe weaken and loan defaults increase.

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4 trades / 12mo

2 Congressional buys and 2 sells on ING in the last 12 months.

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Score breakdown

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Bank Quality

Not applicable for this business.

Growth

Sales growth
Sales YoY
-1.6%
Shrinking sales (-1.6% YoY)
Profit growth
EPS YoY
+16.2%
Earnings growing fast (+16.2% YoY)

Healthy double-digit earnings growth — what compounders look like.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

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Capital Strength

Not applicable for this business.

Asset Quality

Not applicable for this business.

Valuation

Price vs profit
P/E Ratio (TTM)
14.6x
Attractive valuation — P/E 14.6

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+5.5
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (14.6 → 9.2)

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Dividends

Dividend
Dividend Yield
5.20%
Healthy income — 5.20% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record
Dividend Growth
-10.9%
Dividend cut (-10.9% YoY) — warning sign

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