ING Income Before Tax from 2010 to 2024

ING Stock  USD 15.94  0.22  1.40%   
ING Group's Income Before Tax is increasing over the last several years with slightly volatile swings. Income Before Tax is predicted to flatten to about 6.4 B. During the period from 2010 to 2024 ING Group NV Income Before Tax regressed destribution of quarterly values had coefficient of variationof  33.54 and r-value of  0.64. View All Fundamentals
 
Income Before Tax  
First Reported
1997-03-31
Previous Quarter
2.9 B
Current Value
2.2 B
Quarterly Volatility
1.2 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ING Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ING main balance sheet or income statement drivers, such as Depreciation And Amortization of 685.2 M, Interest Expense of 33 B or Selling General Administrative of 14.1 B, as well as many exotic indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.035 or PTB Ratio of 1.38. ING financial statements analysis is a perfect complement when working with ING Group Valuation or Volatility modules.
  
This module can also supplement ING Group's financial leverage analysis and stock options assessment as well as various ING Group Technical models . Check out the analysis of ING Group Correlation against competitors.

Latest ING Group's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of ING Group NV over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on ING Group income statement and is an important metric when analyzing ING Group NV profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is ING Group's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ING Group's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

ING Income Before Tax Regression Statistics

Arithmetic Mean5,782,105,023
Geometric Mean5,462,120,184
Coefficient Of Variation33.54
Mean Deviation1,386,387,381
Median5,913,000,000
Standard Deviation1,939,526,301
Sample Variance3761762.3T
Range8B
R-Value0.64
Mean Square Error2379190.8T
R-Squared0.41
Significance0.01
Slope278,613,859
Total Sum of Squares52664671.8T

ING Income Before Tax History

20246.4 B
202310.5 B
20225.5 B
20216.8 B
20203.8 B
20196.8 B
20186.8 B

About ING Group Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ING Group income statement, its balance sheet, and the statement of cash flows. ING Group investors use historical funamental indicators, such as ING Group's Income Before Tax, to determine how well the company is positioned to perform in the future. Although ING Group investors may use each financial statement separately, they are all related. The changes in ING Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ING Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ING Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ING Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax10.5 B6.4 B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ING Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ING Group's short interest history, or implied volatility extrapolated from ING Group options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether ING Group NV is a strong investment it is important to analyze ING Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:
Check out the analysis of ING Group Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for ING Stock analysis

When running ING Group's price analysis, check to measure ING Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ING Group is operating at the current time. Most of ING Group's value examination focuses on studying past and present price action to predict the probability of ING Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ING Group's price. Additionally, you may evaluate how the addition of ING Group to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Transaction History
View history of all your transactions and understand their impact on performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is ING Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ING Group. If investors know ING will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ING Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Dividend Share
1.106
Earnings Share
2.18
Revenue Per Share
4.947
Quarterly Revenue Growth
(0.95)
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ING Group's market value can be influenced by many factors that don't directly affect ING Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.