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MARKETS / NYSE / ING
NYSE · COMMERCIAL BANKS, NEC · LARGE CAP

ING Groep NV ING

11 fiscal years on record · EUR · FY2025 reported · SEC filings only
€25.7B
▲ 21.8% YoY
€8.3B
▲ 56.1% YoY
€-6.7B
In brief

What this company does

ING offers a broad range of banking products and services for private individuals, including savings accounts, payments, credit cards, mortgages, unsecured lending, investment solutions and insurance products, serving nearly 41 million Private Individual customers across 10 markets: the Netherlands, Belgium, Luxembourg, Germany, Spain, Italy, Türkiye, Poland, Romania and Australia. In Retail Banking, ING serves customers across three pillars: Private Individuals, Business Banking, and Private Banking & Wealth Management. Its Business Banking segment serves clients in nine markets: the Netherlands, Belgium, Luxembourg, Germany, Türkiye, Poland, Romania, Australia and, most recently, Italy. Its Private Banking & Wealth Management offering provides tailored banking solutions to ultra-high-net-worth and high-net-worth individuals and their entities in the Netherlands, Belgium, Luxembourg and Poland. ING's Wholesale Banking network serves clients around the world and operates from 37 countries across three regions: EMEA, APAC and the Americas.

Written from the business description in ING GROEP NV's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
EUR 25.7B
Revenue, FY2025 · full 11-year series below
Revenue €B Net income €B
FY2025 · Revenue 25.7 · Net income 8.3
20B201520172019202120232025
Compound annual growth
−5.5%
+8.3%
+3.6%
−11.8%
+29.9%
+5.4%
−6.0%
+36.8%
+8.1%
+24.8%
+55.4%
+5.3%
+13.7%
+369.8%
+17.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.3% a year over five years — but profit grew faster: net income at +29.9%, earnings per share at +36.8%.

The share count fell from 3.90B to 3.02B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
33 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 100.0% · Net 33.5%
50%201520172019202120232025
ROE
FY2025 · ROE 15.6%
10%20%201520172019202120232025

Each EUR of equity produced 16 cents of profit this year.

Cash & shareholders
EUR 6.9B
returned in FY2025 · dividends + net buybacks
Free cash flow €B
FY2025 · FCF -6.7
40B80B-8B-16B201520172019202120232025
Net buybacks €B Dividends €B
FY2025 · Dividends 3.2 · Net buybacks 3.7
2.5B5.0BDividendsNet buybacks201520172019202120232025

EUR 3.2B in dividends and EUR 3.7B in buybacks — 83% of the year's profit went back to shareholders.

Total assetsEUR 1.06T
EquityEUR 54.1B
CashEUR 54.1B
DepositsEUR 721.4B

Equity funds 5% of total assets.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · EUR
row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue €B25.721.118.130.420.117.217.118.318.617.918.0
Operating income €B25.721.118.130.420.117.217.118.3···
EBITDA €B···········
Income tax €B3.22.21.75.12.31.11.72.12.51.71.9
Net income €B8.35.34.112.16.02.23.94.85.55.04.9
Free cash flow €B−6.7−22.9−11.6−11.3−15.1101.012.76.6−5.68.110.2
EPS, diluted2.781.651.163.351.530.581.001.221.411.281.27
Dividend / sh1.091.061.110.560.620.120.240.680.670.660.65
Payout %386291264006955475128
ROE %15.69.97.422.311.54.47.89.811.410.811.0
Shares out B3.023.153.503.733.903.903.903.893.893.883.87

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 25 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCommercial Banks, NEC
Listed onNYSE
Incorporated inoutside the United States — SEC code P7
Fiscal year endsDecember 31
Data on record since2015

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