Ing Groep N.v. Earnings logo

ING

Ing Groep N.v. Earnings

$15.62

Earnings Summary

Revenue
$5909Mn
Net Profits
$1880Mn
Net Profit Margins
31.82%
PE Ratio
7.21
Highlights
Revenue:

Ing Groep N.v.’s revenue jumped 1.15% since last year same period to $5909Mn in the Q3 2024. On a quarterly growth basis, Ing Groep N.v. has generated 3.38% jump in its revenue since last 3-months.

Net Profits:

Ing Groep N.v.’s net profit fell -5.15% since last year same period to $1880Mn in the Q3 2024. On a quarterly growth basis, Ing Groep N.v. has generated 5.62% jump in its net profits since last 3-months.

Net Profit Margins:

Ing Groep N.v.’s net profit margin fell -6.22% since last year same period to 31.82% in the Q3 2024. On a quarterly growth basis, Ing Groep N.v. has generated 2.17% jump in its net profit margins since last 3-months.

PE Ratio:

Ing Groep N.v.’s price-to-earnings ratio after this Q3 2024 earnings stands at 7.21.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ing Groep N.v. post its latest quarter earnings
EPS Estimate Current Year
0.28
Highlights
EPS Estimate Current Year:

Ing Groep N.v.’s earning per share (EPS) estimates for the current year stand at 0.28.

Key Ratios

Key ratios of the Ing Groep N.v. post its Q3 2024 earnings
Earning Per Share (EPS)
0.31
Return on Assets (ROA)
0
Return on Equity (ROE)
0.07
Dividend Per Share (DPS)
0.38
Highlights
Earning Per Share (EPS):

Ing Groep N.v.’s earning per share (EPS) fell -47.47% since last year same period to 0.31 in the Q3 2024. This indicates that the Ing Groep N.v. has generated -47.47% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ing Groep N.v.’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ing Groep N.v.’s return on equity (ROE) stands at 0.07.

Dividend Per Share (DPS):

Ing Groep N.v. declared 0.38 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-31
0.43
0
-100%
2024-09-30
0.28
0.31
10.71%