ING Group Revenue, Profits - ING Annual Income Statement

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$13.64 $0.12 (0.89%) ING stock closing price Sep 25, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking ING Group stock price alone is not sufficient. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase to $21.01B for 2017 impacts the ING stock. Investors typically check year over year or quarter over quarter revenue growth. Revenue for year 2017 is $21.01B and has increased from $19.81B year on year as is evident when you compare the latest figures in the latest ING Group profit and loss statement with those of the prior corresponding period. Also see ING Group assets and ING Group free cash flow for a complete valuation of ING stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
ING Group Revenues or Net Sales
21.01B19.81B18.38B20.33B37.33B53.74B149.83B147.43B170.55B227.71B
Cost Of Goods Sold (COGS)------14.32B11.92B--
ING Group Gross Profit
21.01B19.81B18.38B20.33B37.33B53.74B135.51B135.51B170.55B227.71B
Research & Development Expense----------
Selling General & Admin Expense11.87B12.82B11.76B13.94B28.67B49.05B71.55B66.7B69.99B99.43B
Income Before Depreciation Depletion Amortization9.14B6.99B6.62B6.4B8.66B4.69B63.96B68.81B100.56B128.28B
Depreciation Depletion Amortization---116.97M193.93M361.39M527.87M1.48B792.13M682.54M
Non Operating Income-----612.34M-419.26M876.07M--7.71B-1.88B
Interest Expense------57.72B62.18B95.1B127.9B
ING Group Pretax Income
9.14B6.99B6.62B6.28B7.85B3.91B6.58B5.15B-3.04B-2.19B
Provision for Income Taxes2.87B1.89B1.85B1.62B1.96B743.36M1.41B1.33B-892.54M-1.06B
MinorityInterest6.36B82.99M79.94M105.01M351.99M140.18M----
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-5.1B4.68B4.55B5.54B3.03B5.18B3.83B-2.15B-1.13B
Extraordinary Items & Discontinued Operations-488.01M-163.22M-2.96B535.3M1.17B1.54B---
ING Group Profit/ Loss (Net Income)
6.18B5.51B4.52B1.59B6.08B4.19B6.72B3.83B-2.15B-1.13B
Average Shares used to compute Diluted EPS3.89B3.88B3.86B3.91B3.8B3.78B3.76B3.78B2.13B2.03B
Average Shares used to compute Basic EPS3.89B3.88B3.86B3.91B3.8B3.78B3.76B3.78B2.13B2.03B
Income Before Nonrecurring Items5.6B5.51B4.62B3.88B4.45B5.66B2.03B4.35B-1.3B-400.93M
Income from Nonrecurring Items-58.74M-359.75M-228.83M-868.09M-385.16M-1.36B71.76M---560.51M
ING Group Earnings Per Share Basic Net
1.421.331.140.361.161.320.601.15-0.61-0.47
ING Group Earnings Per Share Diluted Net
1.421.331.140.361.161.320.601.15-0.61-0.47
EPS Diluted Before Nonrecurring Items1.441.421.200.991.171.490.541.15-0.61-0.20
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.610.600.330.000.000.000.000.000.001.99
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on ING Group stock analysis. An investor must check the following items in an income statement:

  • Topline: A growing topline, as seen from the ING Group revenue chart, as is the case with ING Group indicates a growing business. One needs to compare the YoY topline or sales growth of ING stock with its peers like BMO stock and HSNGY stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $6.18B for ING Group for 2017. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called the profit and loss statement. Apart from the ING income statement, one can check the ING Group historical stock prices to check how the price has moved with time.

ING Group Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
8.72
PS Ratio (price sales ratio)
2.47
Operating Margin
45.1
Net Profit Margin
32.2
Dividend Yield
4.81%