ING market cap is €42.2 b, and annual revenue was €33.05 b in FY 2019

ING Gross profit (H1, 2020)8.7 B

ING Gross profit margin (H1, 2020), %59.6%

ING Net income (H1, 2020)626 M

ING Cash, 30-Jun-2020119 B

ING EV61 B

ING revenue was €33.05 b in FY, 2019 which is a 1.5% year over year decrease from the previous period.

EUR | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 50.0b | 33.6b | 33.0b |

| (33%) | (2%) | |

## Cost of goods sold | 31.4b | 15.2b | 15.9b |

## Gross profit | 18.6b | 18.3b | 17.1b |

| 37% | 55% | 52% |

## General and administrative expense | 5.2b | 5.4b | 5.8b |

## Operating expense total | 10.5b | 11.3b | 11.5b |

## Pre tax profit | 8.1b | 7.0b | 5.7b |

## Income tax expense | 2.5b | 2.1b | 1.7b |

## Net Income | 5.5b | 4.9b | 4.0b |

## EPS | 1.4 | 1.2 | 1.0 |

EUR | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Revenue | 15.8b | 16.3b | 14.6b |

## Cost of goods sold | 6.9b | 8.1b | 5.9b |

## Gross profit | 8.9b | 8.1b | 8.7b |

| 56% | 50% | 60% |

## General and administrative expense | 2.7b | 2.8b | 2.9b |

## Operating expense total | 5.2b | 5.7b | 7.6b |

## Pre tax profit | 3.7b | 2.5b | 1.1b |

## Income tax expense | 995.0m | 740.0m | 438.0m |

## Net Income | 2.7b | 1.8b | 626.0m |

## EPS | 0.7 | 0.4 | 0.2 |

EUR | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 22.0b | 50.0b | 53.2b |

## Accounts Receivable | 571.9b | 589.7b | 608.0b |

## PP&E | 1.8b | 1.7b | 3.2b |

## Total Assets | 843.9b | 884.6b | 888.5b |

## Accounts Payable | 539.8b | 555.7b | 574.4b |

## Total Debt | 112.1b | 133.5b | 135.1b |

## Total Liabilities | 794.7b | 834.8b | 836.6b |

## Common Stock | 17.0b | 17.1b | 17.1b |

## Retained Earnings | 27.0b | 28.3b | 29.9b |

## Total Equity | 49.1b | 49.9b | 51.9b |

## Debt to Equity Ratio | 2.3 x | 2.7 x | 2.6 x |

## Debt to Assets Ratio | 0.1 x | 0.2 x | 0.2 x |

## Financial Leverage | 17.2 x | 17.7 x | 17.1 x |

EUR | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Cash | 38.3b | 52.2b | 119.0b |

## Accounts Receivable | 584.7b | 607.1b | 612.4b |

## PP&E | 1.8b | 2.8b | 3.1b |

## Total Assets | 903.5b | 909.9b | 981.3b |

## Accounts Payable | 556.7b | 571.0b | 605.6b |

## Total Debt | 132.3b | 133.1b | 137.8b |

## Total Liabilities | 854.8b | 859.2b | 929.1b |

## Common Stock | 17.1b | 17.1b | 17.1b |

## Retained Earnings | 27.4b | 28.5b | 30.4b |

## Total Equity | 48.7b | 50.7b | 52.2b |

## Debt to Equity Ratio | 2.7 x | 2.6 x | 2.6 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 18.6 x | 17.9 x | 18.8 x |

EUR | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Depreciation and Amortization | 520.0m | 520.0m | 789.0m |

## Accounts Receivable | (21.4b) | (31.4b) | (16.7b) |

## Accounts Payable | 18.3b | 19.7b | 18.0b |

## Cash From Operating Activities | (5.3b) | 6.9b | 13.1b |

## Purchases of PP&E | (264.0m) | (286.0m) | (355.0m) |

## Cash From Investing Activities | 11.8b | 5.5b | (2.5b) |

## Long-term Borrowings | (99.2b) | (135.8b) | (95.7b) |

## Dividends Paid | (2.6b) | (2.6b) | (2.7b) |

## Cash From Financing Activities | (3.9b) | 16.0b | (4.2b) |

## Net Change in Cash | 2.6b | 28.3b | 6.4b |

## Income Taxes Paid | 1.7b | 1.6b | 2.3b |

EUR | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Depreciation and Amortization | 267.0m | 388.0m | 402.0m |

## Accounts Receivable | (24.1b) | (17.7b) | (9.9b) |

## Accounts Payable | 19.8b | 15.3b | 34.4b |

## Cash From Operating Activities | (3.1b) | 3.8b | 77.4b |

## Purchases of PP&E | (133.0m) | (135.0m) | (144.0m) |

## Cash From Investing Activities | 4.5b | (2.3b) | (9.6b) |

## Long-term Borrowings | (55.8b) | (58.1b) | (49.1b) |

## Dividends Paid | (1.7b) | (1.7b) | (3.0m) |

## Cash From Financing Activities | 16.6b | (3.9b) | 1.7b |

## Net Change in Cash | 17.9b | 2.2b | 69.5b |

## Income Taxes Paid | 834.0m | 1.6b | 1.1b |

EUR | FY, 2017 |
---|---|

## Revenue/Employee | 970.6k |

## Debt/Equity | 2.3 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 17.2 x |

ING's Total Loans was reported to be €643.1b in H1, 2020. ING's Total Deposits was reported to be €684.3b in H1, 2020. ING's Customers was reported to be 38.4 m in FY, 2019.

FY, 2017 | H1, 2018 | FY, 2018 | H1, 2019 | FY, 2019 | H1, 2020 | |
---|---|---|---|---|---|---|

## Customers | 37.4 m | 38.4 m | 38.4 m | |||

## Total Loans | €600.72 b | €616.34 b | €620.08 b | €641.67 b | €643.17 b | €643.05 b |

## Total Deposits | €576.65 b | €595.49 b | €593.06 b | €609.1 b | €609.18 b | €684.28 b |

## Non-performing Loans | €12.48 b | €11.1 b | €11.48 b | |||

## Active Users (InsideBusiness) | 57 k | |||||

## Countries | 40 | 40 | 40 | |||

## Customers (Financially Empowered) | 25.9 m | |||||

## Customers (InsideBusiness) | 18 k | |||||

## New Partners | 67 | |||||

## Retail Primary Relationships | 13.3 m |

ING's employees are reported to be approximately 48% female and 52% male.

FY, 2019 | FY, 2018 | FY, 2017 | |
---|---|---|---|

Male | 51.6% | 51.3% | 50.8% |

Female | 48.3% | 48.6% | 49.1% |

Other | 0.1% | 0.1% | 0.1% |

- Source: craft.co