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ING Groep ( (ING) ) has shared an announcement.
On May 2, 2025, ING Groep N.V. announced the completion of its share buyback program, which began on October 31, 2024, repurchasing 125,848,305 shares at an average price of €15.84, totaling approximately €1.99 billion. The company also unveiled a new share buyback initiative of up to €2.0 billion, aiming to adjust its CET1 ratio towards its target. The program, approved by the ECB, will impact the CET1 ratio by approximately 59 basis points and is set to run from May 2, 2025, to October 27, 2025.
Spark’s Take on ING Stock
According to Spark, TipRanks’ AI Analyst, ING is a Outperform.
ING Groep’s overall score reflects a strong financial performance and attractive valuation, supported by positive technical indicators. The company’s substantial revenue growth and strategic initiatives, along with a high dividend yield and low P/E ratio, are significant strengths. However, challenges in cash flow management and increased leverage are key risks that require attention. The recent earnings call further bolsters confidence with record-breaking income and customer growth, though caution is advised due to certain financial pressures.
To see Spark’s full report on ING stock, click here.
More about ING Groep
ING is a global financial institution with a strong European base, offering retail and wholesale banking services through its operating company ING Bank. The company aims to empower people in life and business, with over 60,000 employees serving customers in more than 100 countries. ING is committed to sustainability, with its shares included in major ESG index products.
YTD Price Performance: 28.51%
Average Trading Volume: 3,221,879
Technical Sentiment Signal: Sell
Current Market Cap: $59.69B
For a thorough assessment of ING stock, go to TipRanks’ Stock Analysis page.