ING Groep N.V (INGN) - Net Assets
Based on the latest financial reports, ING Groep N.V (INGN) has net assets worth MX$50.95 Billion MXN as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$1.05 Trillion) and total liabilities (MX$1.00 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$50.95 Billion |
| % of Total Assets | 4.83% |
| Annual Growth Rate | -0.79% |
| 5-Year Change | -6.77% |
| 10-Year Change | 6.46% |
| Growth Volatility | 6.48 |
ING Groep N.V - Net Assets Trend (2014–2025)
This chart illustrates how ING Groep N.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ING Groep N.V (2014–2025)
The table below shows the annual net assets of ING Groep N.V from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$50.95 Billion | -0.69% |
| 2024-12-31 | MX$51.31 Billion | -1.67% |
| 2023-12-31 | MX$52.18 Billion | +3.51% |
| 2022-12-31 | MX$50.41 Billion | -7.77% |
| 2021-12-31 | MX$54.66 Billion | +3.83% |
| 2020-12-31 | MX$52.64 Billion | +1.45% |
| 2019-12-31 | MX$51.89 Billion | +4.09% |
| 2018-12-31 | MX$49.85 Billion | +1.44% |
| 2017-12-31 | MX$49.14 Billion | +2.68% |
| 2016-12-31 | MX$47.86 Billion | +4.94% |
| 2015-12-31 | MX$45.61 Billion | -17.97% |
| 2014-12-31 | MX$55.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ING Groep N.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | MX$49.70 Billion | 100.00% |
| Total Equity | MX$49.70 Billion | 100.00% |
ING Groep N.V Competitors by Market Cap
The table below lists competitors of ING Groep N.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hess Corporation
NYSE:HES
|
$46.07 Billion |
|
KBC Group NV
F:KDB
|
$46.21 Billion |
|
KBC Groep NV
BR:KBC
|
$46.27 Billion |
|
East Money Information Co Ltd
SHE:300059
|
$46.39 Billion |
|
Fortescue Ltd
AU:FMG
|
$45.71 Billion |
|
Chipotle Mexican Grill Inc
NYSE:CMG
|
$45.69 Billion |
|
COMPASS GROUP
F:XGR
|
$45.63 Billion |
|
Great-West Lifeco Inc.
TO:GWO
|
$45.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ING Groep N.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 50,313,000,000 to 49,698,000,000, a change of -615,000,000 (-1.2%).
- Net income of 6,327,000,000 contributed positively to equity growth.
- Other factors decreased equity by 6,942,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$6.33 Billion | +12.73% |
| Other Changes | MX$-6.94 Billion | -13.97% |
| Total Change | MX$- | -1.22% |
Book Value vs Market Value Analysis
This analysis compares ING Groep N.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 14.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 19.82x to 14.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$12.46 | MX$247.00 | x |
| 2018-12-31 | MX$12.61 | MX$247.00 | x |
| 2019-12-31 | MX$13.09 | MX$247.00 | x |
| 2020-12-31 | MX$13.23 | MX$247.00 | x |
| 2021-12-31 | MX$14.28 | MX$247.00 | x |
| 2022-12-31 | MX$13.79 | MX$247.00 | x |
| 2023-12-31 | MX$15.32 | MX$247.00 | x |
| 2024-12-31 | MX$16.25 | MX$247.00 | x |
| 2025-12-31 | MX$17.12 | MX$247.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ING Groep N.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.47%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 21.22x
- Recent ROE (12.73%) is above the historical average (9.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.03% | 7.08% | 0.01x | 24.70x | MX$-3.79 Billion |
| 2015 | 8.92% | 25.72% | 0.02x | 22.29x | MX$-487.20 Million |
| 2016 | 10.53% | 27.93% | 0.02x | 17.82x | MX$249.30 Million |
| 2017 | 11.28% | 29.68% | 0.02x | 17.43x | MX$621.10 Million |
| 2018 | 9.71% | 26.01% | 0.02x | 18.04x | MX$-143.80 Million |
| 2019 | 7.65% | 23.01% | 0.02x | 17.42x | MX$-1.20 Billion |
| 2020 | 4.36% | 12.93% | 0.02x | 18.09x | MX$-2.91 Billion |
| 2021 | 8.86% | 25.83% | 0.02x | 17.64x | MX$-615.90 Million |
| 2022 | 7.36% | 19.76% | 0.02x | 19.39x | MX$-1.32 Billion |
| 2023 | 14.22% | 32.17% | 0.02x | 19.04x | MX$2.16 Billion |
| 2024 | 12.70% | 28.26% | 0.02x | 20.28x | MX$1.36 Billion |
| 2025 | 12.73% | 27.47% | 0.02x | 21.22x | MX$1.36 Billion |
Industry Comparison
This section compares ING Groep N.V's net assets metrics with peer companies in the Banks - Diversified industry.
Industry Context
- Industry: Banks - Diversified
- Average net assets among peers: $127,846,000,000
- Average return on equity (ROE) among peers: 8.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ING Groep N.V (INGN) | MX$50.95 Billion | 2.03% | 19.69x | $46.00 Billion |
| The Bank of Nova Scotia (BNS) | $57.82 Billion | 12.31% | 14.50x | $91.95 Billion |
| HSBC Holdings plc (HBCN) | $197.87 Billion | 5.46% | 11.74x | $277.36 Billion |
About ING Groep N.V
ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts. It also offers business lending products; SME loans; consumer lending products, such as … Read more