ING Groep N.V.

Factors to consider:

• Company pays dividends (annually): last record date 2026-08-04, amount 0.46$ (Y1.25%)
• Total employees count: 60000 (-1.8%) as of 2025
• Current price 13.1% above estimated high
• Earnings for 6 months up through Q2 are close to our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-12-31 to 2027-12-31

• 2025-12-31 to 2026-12-31 estimated range: [23.77$, 32.60$]
• 2026-12-31 to 2027-12-31 estimated range: [24.83$, 34.37$]

Financial Metrics affecting the INGVF estimates:

• Positive: with PPE of 11.2 at the end of fiscal year the price was neutral
• Negative: negative Operating cash flow
• Positive: 11.29 < Operating profit margin, % of 15.43
• Negative: Interest expense per share per price, % of 52.16 > 10.35
• Positive: -0.55 < Return on assets ratio (scaled to [-100,100]) of 0.60
• Positive: 0.90 < Industry operating cash flow per share per price (median), % of 3.14
• Positive: Industry operating profit margin (median), % of 33.33 > 26.54