ING Groep (ING) to Release Earnings on Thursday

ING Groep (NYSE:ING) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect ING Groep to post earnings of $0.46 per share and revenue of $5.74 billion for the quarter.

ING Groep (NYSE:ING) last announced its quarterly earnings data on Thursday, February 6th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). ING Groep had a net margin of 28.30% and a return on equity of 11.81%. On average, analysts expect ING Groep to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ING Groep Price Performance

ING opened at $19.39 on Tuesday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 1.13 and a current ratio of 1.13. The company has a 50-day moving average of $18.91 and a 200-day moving average of $17.13. ING Groep has a 1-year low of $15.09 and a 1-year high of $20.79. The company has a market capitalization of $67.83 billion, a P/E ratio of 9.06, a PEG ratio of 6.42 and a beta of 1.07.

ING Groep Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be paid a $0.6526 dividend. This is a boost from ING Groep’s previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Friday, April 25th. This represents a yield of 5.1%. ING Groep’s payout ratio is 60.75%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of ING Groep from a “neutral” rating to a “buy” rating in a research report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

About ING Groep

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts.