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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 > Great results today
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Comment by rad10on Nov 04, 2022 8:28am
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Post# 35072344

RE:Great results today

RE:Great results todayDon't you just love it when the market throws you a bone.

I bought a lot of this over the last few months.  It got so ridiculously cheap. There are a couple of other big name euro banks that are also ridiculously underpriced.


prested wrote: Announcement that they will be a share buy-back of 1.5 Billion Euros. Obviously they share my view that this is way under-priced. At today's price the yield is 13%! lOOKS LIKE WE'LL BE BACK TO THE $15 in 2023.


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