ING Groep (ING) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChartTranscripts

ING Groep Revenue Highlights


Latest Revenue (Y)

$22.58B

Latest Revenue (Q)

$5.58B

Main Geography (Y)

Country of domicile

ING Groep Revenue by Period


ING Groep Revenue by Year

DateRevenueChange
2023-12-31$22.58B77748.28%
2022-12-31$29.00M-99.84%
2021-12-31$18.29B2.62%
2020-12-31$17.82B-2.67%
2019-12-31$18.31B0.72%
2018-12-31$18.18B2.26%
2017-12-31$17.77B2.23%
2016-12-31$17.39B5.04%
2015-12-31$16.55B8.21%
2014-12-31$15.30B-45.23%
2013-12-31$27.93B-30.41%
2012-12-31$40.13B-25.60%
2011-12-31$53.94B1.45%
2010-12-31$53.17B16.16%
2009-12-31$45.77B-31.50%
2008-12-31$66.82B-11.67%
2007-12-31$75.65B3.75%
2006-12-31$72.92B4.00%
2005-12-31$70.12B4.13%
2004-12-31$67.34B-0.76%
2003-12-31$67.85B-10.23%
2002-12-31$75.58B3.12%
2001-12-31$73.30B26.40%
2000-12-31$57.99B28.00%
1999-12-31$45.30B21.49%
1998-12-31$37.29B40.36%
1997-12-31$26.57B-

ING Groep generated $22.58B in revenue during NA 2023, up 77748.28% compared to the previous quarter, and up 124.21% compared to the same period a year ago.

ING Groep Revenue by Quarter

DateRevenueChange
2024-03-07$5.58B3.22%
2023-12-31$5.41B-7.41%
2023-09-30$5.84B2.04%
2023-06-30$5.72B2.84%
2023-03-31$5.57B14.36%
2022-12-31$4.87B10.34%
2022-09-30$4.41B-8.06%
2022-06-30$4.80B4.35%
2022-03-31$4.60B-0.54%
2021-12-31$4.62B-0.52%
2021-09-30$4.65B3.36%
2021-06-30$4.50B-4.36%
2021-03-31$4.70B12.78%
2020-12-31$4.17B-2.73%
2020-09-30$4.29B-7.57%
2020-06-30$4.64B2.82%
2020-03-31$4.51B1.60%
2019-12-31$4.44B-4.04%
2019-09-30$4.63B2.10%
2019-06-30$4.53B-0.98%
2019-03-31$4.58B0.88%
2018-12-31$4.54B-3.12%
2018-09-30$4.68B5.90%
2018-06-30$4.42B-1.51%
2018-03-31$4.49B2.47%
2017-12-31$4.38B2.31%
2017-09-30$4.28B1.01%
2017-06-30$4.24B-0.56%
2017-03-31$4.26B-2.07%
2016-12-31$4.35B6.20%
2016-09-30$4.10B-0.12%
2016-06-30$4.10B1.51%
2015-12-31$4.04B4.47%
2015-09-30$3.87B-8.03%
2015-06-30$4.21B-2.23%
2015-03-31$4.30B13.59%
2014-12-31$3.79B-3.19%
2014-09-30$3.91B4.18%
2014-06-30$3.76B-0.82%
2014-03-31$3.79B100.00%
2013-12-31-100.00%
2013-09-30-100.00%
2013-06-30-100.00%
2013-03-31--100.00%
2012-12-31$9.69B2.03%
2012-09-30$9.50B1.12%
2012-06-30$9.39B-18.70%
2012-03-31$11.55B-37.22%
2011-12-31$18.40B56.64%
2011-09-30$11.75B13.51%
2011-06-30$10.35B-27.32%
2011-03-31$14.24B15.49%
2010-12-31$12.33B-2.48%
2010-09-30$12.64B-12.82%
2010-06-30$14.50B16.87%
2010-03-31$12.41B36.80%
2009-12-31$9.07B-24.06%
2009-09-30$11.94B9.87%
2009-06-30$10.87B-26.85%
2009-03-31$14.86B7.58%
2008-12-31$13.82B-11.56%
2008-09-30$15.62B-9.22%
2008-06-30$17.21B-12.75%
2008-03-31$19.72B-1.29%
2007-12-31$19.98B7.74%
2007-09-30$18.55B-1.67%
2007-06-30$18.86B3.35%
2007-03-31$18.25B0.01%
2006-12-31$18.25B6.43%
2006-09-30$17.15B-7.55%
2006-06-30$18.55B-2.42%
2006-03-31$19.01B-

ING Groep generated $5.58B in revenue during Q1 2024, up 3.22% compared to the previous quarter, and up 114.69% compared to the same period a year ago.

ING Groep Revenue Breakdown


ING Groep Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
ROMANIA$584.00M$495.00M$456.00M$457.00M$403.00M
MACAO-----
LUXEMBOURG$503.00M$366.00M$279.00M$292.00M$315.00M
KOREA, REPUBLIC OF$86.00M$65.00M$66.00M$60.00M$55.00M
JAPAN$30.00M$25.00M$29.00M$31.00M$36.00M
ITALY$345.00M$335.00M$337.00M$269.00M$231.00M
IRELAND$66.00M$70.00M$72.00M$71.00M$68.00M
INDONESIA-----
HUNGARY$82.00M$44.00M$43.00M$24.00M$40.00M
HONG KONG$82.00M$79.00M$92.00M$96.00M$110.00M
GERMANY$8.57B$2.96B$2.38B$2.14B$2.31B
FRANCE$557.00M$313.00M$239.00M$308.00M$323.00M
Country of domicile$8.83B$6.62B$5.10B$5.20B$6.13B
CZECHIA$78.00M----
CHINA$30.00M$26.00M$26.00M$35.00M$37.00M
CANADA-$3.00M$3.00M$3.00M-
BRAZIL$17.00M$13.00M$30.00M$43.00M$35.00M
BELGIUM$4.37B$2.75B$2.64B$2.28B$2.84B
AUSTRIA$19.00M----
AUSTRALIA$948.00M$782.00M$740.00M$701.00M$647.00M
PORTUGAL$15.00M$15.00M$16.00M$18.00M$18.00M
POLAND$1.65B$1.51B$1.40B$1.34B$1.23B
PHILIPPINES$10.00M$6.00M$13.00M$25.00M$17.00M
MEXICO-$1.00M$1.00M$1.00M$1.00M
MAURITIUS--$1.00M--
MALAYSIA-$1.00M$1.00M$1.00M-
TURKEY$64.00M$335.00M$420.00M$677.00M$678.00M
TAIWAN, PROVINCE OF CHINA$33.00M$26.00M$36.00M$26.00M$23.00M
SWITZERLAND$290.00M$241.00M$187.00M$234.00M$257.00M
SRI LANKA-----
UNITED STATES$892.00M$936.00M$720.00M$813.00M$736.00M
UNITED ARAB EMIRATES$-1.00M-$-1.00M--
UKRAINE$45.00M$22.00M$26.00M$43.00M$36.00M
SPAIN$899.00M$743.00M$679.00M$706.00M$600.00M
SLOVAKIA$15.00M$15.00M$18.00M$14.00M$14.00M
SINGAPORE$354.00M$331.00M$353.00M$349.00M$340.00M
Austria-$175.00M$75.00M$80.00M$85.00M
CZECH REPUBLIC-$100.00M$146.00M$88.00M$106.00M
COLOMBIA--$1.00M$1.00M$1.00M
INDIA-----
Macau-----

ING Groep's latest annual revenue breakdown by geography, as of Dec 22: Country of domicile (29.97%), GERMANY (29.10%), BELGIUM (14.81%), POLAND (5.61%), AUSTRALIA (3.22%), SPAIN (3.05%), UNITED STATES (3.03%), ROMANIA (1.98%), FRANCE (1.89%), LUXEMBOURG (1.71%), SINGAPORE (1.20%), ITALY (1.17%), SWITZERLAND (0.98%), KOREA, REPUBLIC OF (0.29%), HUNGARY (0.28%), HONG KONG (0.28%), CZECHIA (0.26%), IRELAND (0.22%), TURKEY (0.22%), UKRAINE (0.15%), TAIWAN, PROVINCE OF CHINA (0.11%), JAPAN (0.10%), CHINA (0.10%), AUSTRIA (0.06%), BRAZIL (0.06%), PORTUGAL (0.05%), SLOVAKIA (0.05%), PHILIPPINES (0.03%), and UNITED ARAB EMIRATES (-0.00%).

ING Groep Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HSBCHSBC$63.02B$38.41B
SANBanco Santander$59.59B$34.38B
RYRoyal Bank of Canada$56.26B$32.98B
BCSBarclays$51.34B$6.95B
UBSUBS Group$39.06B$11.94B
BBVABanco Bilbao Vizcaya Argentaria$29.54B$8.22B
NWGNatWest Group$25.47B$7.06B
CCitigroup$23.56B$20.14B
INGING Groep$22.58B$5.58B

ING Revenue FAQ


ING Groep's yearly revenue for 2023 was $22.58B, representing an increase of 77748.28% compared to 2022. The company's yearly revenue for 2022 was $29M, representing a decrease of -99.84% compared to 2021. ING's yearly revenue for 2021 was $18.28B, representing an increase of 2.62% compared to 2020.

ING Groep's quarterly revenue for Q1 2024 was $5.58B, a 3.22% increase from the previous quarter (Q4 2023), and a 0.29% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $5.41B, a -7.41% decrease from the previous quarter (Q3 2023), and a 11.11% increase year-over-year (Q4 2022). ING's quarterly revenue for Q3 2023 was $5.84B, a 2.04% increase from the previous quarter (Q2 2023), and a 32.41% increase year-over-year (Q3 2022).

ING Groep's revenue growth rate for the last 3 years (2021-2023) was 23.47%, and for the last 5 years (2019-2023) was 23.32%.