ING Bank Slaski S.A. (ING) AI Stock Analysis

• Market Cap: zł47.10B
• Dividend Yield: 7.36%
• Average Volume (3M): 5.49K
• Price to Earnings (P/E): 10.2
• Beta (1Y): 1.00
• Revenue Growth: 7.35%
• EPS Growth: 3.83%
• Country: PL
• Employees: 8,001
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 8.54
• Shares Outstanding: 130,100,000
• 10 Day Avg. Volume: 4,426
• 30 Day Avg. Volume: 5,488
• PEG Ratio: -4.38
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 2.01
• P/FCF Ratio: 9.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: zł345.00 ▼(-4.70% Downside)

The overall stock score of 75 reflects ING Bank Slaski S.A.'s strong financial performance and attractive valuation, which are offset by bearish technical indicators. The bank's robust profitability and efficient operations are significant strengths, while the current market momentum suggests caution. The high dividend yield adds to the stock's appeal, but investors should monitor technical trends closely.

Positive Factors

Strong Profitability

High profitability margins indicate efficient operations and pricing power, supporting long-term financial stability and growth potential.

Cash Flow Generation

Robust cash flow generation enhances the bank's ability to invest in growth opportunities, pay dividends, and manage debt effectively.

Stable Capital Structure

A stable capital structure with balanced leverage supports financial resilience and provides flexibility for strategic initiatives.

Negative Factors

Rising Debt Levels

Increasing debt levels may strain cash flow and limit financial flexibility, potentially impacting long-term financial stability.

Moderate Revenue Growth

Moderate revenue growth may indicate challenges in market expansion or competitive pressures, affecting future profitability.

Potential Cash Flow Volatility

Volatile cash flow generation can hinder the bank's ability to consistently fund operations and growth, impacting financial predictability.

ING Bank Slaski S.A. Business Overview & Revenue Model

Company Description

ING Bank Slaski S.A., together with its subsidiaries, provides various banking products and services in Poland. The company operates in two segments, Retail Banking and Corporate Banking. The Retail Banking segment offers various credit products, such as overdraft facilities, loans related to cards, installment loans, and mortgage loans; deposit products, including current accounts, term deposits, and savings accounts; structured products; ING fund units; brokerage services; and bank cards to individual customers. The Corporate Banking segment provides deposit products, such as current accounts, term deposits and negotiated deposits, and savings accounts; loan products, including working and investment loans; and financial markets products, trust services, and capital market operations to institutional clients and individual entrepreneurs. It is also involved in operation and leasing of real estate properties; and the provision of financial intermediary and advisory services. In addition, the company offers leasing and factoring; accountancy and payroll services; education and promotion for the financial market and TURBO certificates; and holiday and training courses. It operates 312 branches. The company was founded in 1989 and is headquartered in Katowice, Poland. ING Bank Slaski S.A. is a subsidiary of ING Bank NV.

How the Company Makes Money

ING Bank Slaski generates revenue primarily through interest income from lending activities, such as personal loans, mortgages, and business loans. The bank earns interest on the loans it provides to customers, which is a significant portion of its revenue. Additionally, ING Bank Slaski receives fees and commissions from various banking services, including account management, transaction processing, and advisory services for corporate clients. The bank also makes money through its investment products, which may generate management fees. Strategic partnerships with fintech companies and other financial institutions further enhance its service offerings and attract more customers, contributing to its overall earnings.

ING Bank Slaski S.A. Financial Statement Overview

Summary

ING Bank Slaski S.A. demonstrates strong financial health with robust profitability and efficient operations. The balance sheet reflects a stable capital structure, though rising debt levels warrant attention. Cash flow generation is solid, supporting the bank's ability to sustain operations and growth. Continued focus on revenue growth and debt management will be crucial for maintaining financial strength.

Income Statement

ING Bank Slaski S.A. shows strong profitability with a consistent gross profit margin above 70% in the TTM, and a net profit margin nearing 30%. Revenue growth is steady, albeit moderate, at 2.83% in the TTM. The EBIT and EBITDA margins are robust, indicating efficient operations. However, the slight decline in revenue from the previous year suggests a need for growth acceleration.

Balance Sheet

The bank maintains a healthy debt-to-equity ratio of 0.92 in the TTM, reflecting balanced leverage. Return on equity is strong at 26.12%, indicating effective use of equity to generate profits. The equity ratio is stable, suggesting a solid capital structure. However, the increase in total debt over the years could pose a risk if not managed carefully.

Cash Flow

The cash flow position is strong, with a significant free cash flow growth rate of 33.85% in the TTM. The operating cash flow to net income ratio is low, indicating potential volatility in cash flow generation. However, the free cash flow to net income ratio is nearly 1, showing that the bank effectively converts income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.68B	15.64B	14.87B	10.21B	7.34B	6.94B
Gross Profit	8.71B	11.25B	10.63B	7.71B	6.88B	6.23B
EBITDA	6.08B	5.88B	6.05B	2.68B	3.30B	2.21B
Net Income	4.57B	4.37B	4.44B	1.71B	2.31B	1.34B
Balance Sheet
Total Assets	283.00B	260.36B	245.36B	217.27B	201.65B	186.60B
Cash, Cash Equivalents and Short-Term Investments	0.00	9.12B	7.71B	3.43B	4.03B	2.50B
Total Debt	26.15B	16.27B	14.95B	2.05B	6.79B	4.84B
Total Liabilities	263.84B	243.19B	228.63B	207.92B	188.12B	167.98B
Stockholders Equity	19.15B	17.17B	16.74B	9.34B	13.53B	18.62B
Cash Flow
Free Cash Flow	26.56B	3.28B	-2.69B	2.69B	314.10M	19.28B
Operating Cash Flow	26.76B	3.40B	-2.37B	2.96B	437.00M	19.44B
Investing Cash Flow	-28.17B	-14.45B	-795.00M	-976.20M	1.25B	-20.91B
Financing Cash Flow	897.50M	12.36B	7.16B	-306.80M	-1.54B	702.50M

ING Bank Slaski S.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 362.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PL:ING, the sentiment is Positive. The current price of 362 is above the 20-day moving average (MA) of 342.70, above the 50-day MA of 337.26, and above the 200-day MA of 317.06, indicating a bullish trend. The MACD of 5.43 indicates Negative momentum. The RSI at 66.18 is Neutral, neither overbought nor oversold. The STOCH value of 85.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PL:ING.

ING Bank Slaski S.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ING	75 Outperform	zł47.10B	10.17	25.90%	7.36%	7.35%	3.83%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PKO	63 Neutral	zł108.33B	10.37	―	6.49%	6.34%	27.79%
MIL	63 Neutral	€21.34B	20.23	12.54%	―	9.01%	51.90%