ING is Europe's most digitally-forward universal bank, with 40M retail customers across 40 countries anchored by the ING Direct mobile-native model. The Think Forward strategy has consistently delivered top-quartile cost efficiency ratios among European peers. CET1 well above regulatory minimums enables sustained buybacks β ING has been one of the most systematic capital returners in European banking. NII has proven resilient through the rate cycle due to ING's liability-sensitive retail deposit book. Trading at ~0.9x book with 10%+ ROE is an anomaly among quality franchise banks.
Thesis reviewed May 29, 2026
ING Groep N.V. is headquartered in Netherlands, which is currently showing moderate signals.
π³π±Netherlands68NEUTRALView Netherlands risk detail βπ¦Financials100NEUTRAL| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| GGAL | Grupo Financiero Galicia S.A. | 90 | +13% | β54% | ENTRY |
| MELI | MercadoLibre | 90 | -14% | β54% | AVOID |
| BBAR | BBVA Banco BBVA Argentina SA | 90 | +21% | β54% | ENTRY |
| BBD | Banco Bradesco S.A. (preferred ADR) | 90 | +5% | β54% | NEUTRAL |
| VIV | Telefonica Brasil (Vivo) | 90 | +8% | β54% | ENTRY |
| UBS | UBS Group AG | 90 | +17% | β54% | ENTRY |
| CIB | Bancolombia S.A. | 90 | +9% | β54% | NEUTRAL |
Investors who hold INGA.AS may also have indirect exposure through these country funds.
ING Q4 NII of β¬3.7B beats consensus; retail deposit beta tracking below guidance
ING announces β¬2.5B buyback for 2026; payout ratio rises to 75%
ING Wholesale Banking CIB revenues +12% on deal-making recovery in European M&A
Estimates Β· Yahoo Finance Β· Not audited figures