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Indiva Reports Fiscal Year 2023 Results Including Record Positive EBITDA and Income (click to learn more)
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ING Groep ADR Rep 1 Ord Shs ING

Financial Services
ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.


NYSE:ING - Post by User

ING Groep ADR Rep 1 Ord Shs
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Post by prestedon Mar 07, 2022 1:41pm
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Post# 34491453

Way oversold

Way oversoldThe Russian and Ukrainian loans combined come to just 1.00% of total loans outstanding and the company is one of the best reserved in the world, if not the best. Assuming the waar lasts forever (worst case scenario), it will  dent ING but not by very much. They will use the new drop in SP to buy back stock and will not be increasing the dividend any time soon, but they will have no trouble maintaining it and at current SP the yield is 7.8%! This is a great opportunity people!
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