ING Groep (ING) Revenue & Revenue Breakdown

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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

Date	Revenue	Change
2023-12-31	$22.58B	77748.28%
2022-12-31	$29.00M	-99.84%
2021-12-31	$18.29B	2.62%
2020-12-31	$17.82B	-2.67%
2019-12-31	$18.31B	0.72%
2018-12-31	$18.18B	2.26%
2017-12-31	$17.77B	2.23%
2016-12-31	$17.39B	5.04%
2015-12-31	$16.55B	8.21%
2014-12-31	$15.30B	-45.23%
2013-12-31	$27.93B	-30.41%
2012-12-31	$40.13B	-25.60%
2011-12-31	$53.94B	1.45%
2010-12-31	$53.17B	16.16%
2009-12-31	$45.77B	-31.50%
2008-12-31	$66.82B	-11.67%
2007-12-31	$75.65B	3.75%
2006-12-31	$72.92B	4.00%
2005-12-31	$70.12B	4.13%
2004-12-31	$67.34B	-0.76%
2003-12-31	$67.85B	-10.23%
2002-12-31	$75.58B	3.12%
2001-12-31	$73.30B	26.40%
2000-12-31	$57.99B	28.00%
1999-12-31	$45.30B	21.49%
1998-12-31	$37.29B	40.36%
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

Date	Revenue	Change
2024-03-07	$5.58B	3.22%
2023-12-31	$5.41B	-7.41%
2023-09-30	$5.84B	2.04%
2023-06-30	$5.72B	2.84%
2023-03-31	$5.57B	14.36%
2022-12-31	$4.87B	10.34%
2022-09-30	$4.41B	-8.06%
2022-06-30	$4.80B	4.35%
2022-03-31	$4.60B	-0.54%
2021-12-31	$4.62B	-0.52%
2021-09-30	$4.65B	3.36%
2021-06-30	$4.50B	-4.36%
2021-03-31	$4.70B	12.78%
2020-12-31	$4.17B	-2.73%
2020-09-30	$4.29B	-7.57%
2020-06-30	$4.64B	2.82%
2020-03-31	$4.51B	1.60%
2019-12-31	$4.44B	-4.04%
2019-09-30	$4.63B	2.10%
2019-06-30	$4.53B	-0.98%
2019-03-31	$4.58B	0.88%
2018-12-31	$4.54B	-3.12%
2018-09-30	$4.68B	5.90%
2018-06-30	$4.42B	-1.51%
2018-03-31	$4.49B	2.47%
2017-12-31	$4.38B	2.31%
2017-09-30	$4.28B	1.01%
2017-06-30	$4.24B	-0.56%
2017-03-31	$4.26B	-2.07%
2016-12-31	$4.35B	6.20%
2016-09-30	$4.10B	-0.12%
2016-06-30	$4.10B	1.51%
2015-12-31	$4.04B	4.47%
2015-09-30	$3.87B	-8.03%
2015-06-30	$4.21B	-2.23%
2015-03-31	$4.30B	13.59%
2014-12-31	$3.79B	-3.19%
2014-09-30	$3.91B	4.18%
2014-06-30	$3.76B	-0.82%
2014-03-31	$3.79B	100.00%
2013-12-31	-	100.00%
2013-09-30	-	100.00%
2013-06-30	-	100.00%
2013-03-31	-	-100.00%
2012-12-31	$9.69B	2.03%
2012-09-30	$9.50B	1.12%
2012-06-30	$9.39B	-18.70%
2012-03-31	$11.55B	-37.22%
2011-12-31	$18.40B	56.64%
2011-09-30	$11.75B	13.51%
2011-06-30	$10.35B	-27.32%
2011-03-31	$14.24B	15.49%
2010-12-31	$12.33B	-2.48%
2010-09-30	$12.64B	-12.82%
2010-06-30	$14.50B	16.87%
2010-03-31	$12.41B	36.80%
2009-12-31	$9.07B	-24.06%
2009-09-30	$11.94B	9.87%
2009-06-30	$10.87B	-26.85%
2009-03-31	$14.86B	7.58%
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	$19.98B	7.74%
2007-09-30	$18.55B	-1.67%
2007-06-30	$18.86B	3.35%
2007-03-31	$18.25B	0.01%
2006-12-31	$18.25B	6.43%
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

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
HSBC	HSBC	$63.02B	$38.41B
SAN	Banco Santander	$59.59B	$34.38B
RY	Royal Bank of Canada	$56.26B	$32.98B
BCS	Barclays	$51.34B	$6.95B
UBS	UBS Group	$39.06B	$11.94B
BBVA	Banco Bilbao Vizcaya Argentaria	$29.54B	$8.22B
NWG	NatWest Group	$25.47B	$7.06B
C	Citigroup	$23.56B	$43.50B
ING	ING Groep	$22.58B	$5.58B

ING Revenue FAQ

What is ING Groep’s yearly revenue?

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.

What is ING Groep’s quarterly revenue?

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).

What is ING Groep’s revenue growth rate?

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%.