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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,... see more

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ING Groep ADR Rep 1 Ord Shs > Great results today

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Post by prested on Nov 03, 2022 11:55am

Great results today

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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Comment by rad10 on Nov 04, 2022 8:28am

Don'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.

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