Is ING Groep N.V. (ING) Still a Great Investment Choice?

is ing groep n v ing still a great investment choice

Sumary of Is ING Groep N.V. (ING) Still a Great Investment Choice?:

  • is a Amsterdam, Netherlands-based financial services company with a $57 billion market capitalization.
  • However, the share price has suffered over the last few years, along with other European banks’ share prices, from increased regulation and financial suppression.
  • This year, ING is recovering like most banks from the COVID-related provisions charged to the P&L in 2020. But unlike other banks, ING started 2021 with an overcapitalized balance sheet and a new CEO.
  • In addition, core profits are increasing, and the company continues generating capital.

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