Dutch Bank ING Groep Roars With Strong Buy Rating And 5.4% Dividend Yield

Nov. 20, 2023 10:44 PM ETING Groep N.V. (ING) StockING22 Comments
Albert Anthony
1.37K Followers

Summary

  • ING and its ADR trading in the US gets Strong Buy rating, in line with Wall Street consensus.
  • Some positives include 5.4% dividend yield and growth, earnings and revenue growth, and a price return beating the S&P 500 index.
  • The risk of loan loss provisions is on the decline.
  • The firm is a global banking sector leader with 37MM customers.

ING Bank in Poland

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Stock Overview

Of the dozens of stocks I have covered on Seeking Alpha this year, this week I came across a rare pick for a strong buy rating, and it happens to be a Dutch bank trading on the NYSE

This article was written by

1.37K Followers
Albert Anthony is The Analyst, providing markets commentary and rating stocks using his proven 6-step methodology, having grown over +1 thousand followers on the global investor platform Seeking Alpha since 2023, writing for financial media as a senior analyst for his own equities research firm, Albert Anthony & Co, including for platforms like Investing.com. The Croatian-American author writing under pen name Albert Anthony also is launching a new book called The Analyst: 6 Steps To Picking Stocks For Future Growth (2025 edition), and it will talk about his 6-step system to analyzing stocks, with a goal of reaching +1 million readers globally on the Amazon platform. You can watch him on his YouTube channel as well where he hosts The Analyst, talking about some of the same topics he writes about. The author has been an IT analyst for many years in the technical support segment, before pivoting into the financial sector and renewing his interest in home-based stock trading during the remote-work era of 2020. He has earned degrees and certificates from Drew University, Corporate Finance Institute, and others, and has called home both the New York City area where he grew up as well as the tech hub of Austin Texas, along with the emerging growth market of coastal Croatia where he has participated in dozens of business & innovation conferences in recent years. The Albert Anthony brand is a concept of Albert Anthony & Company, a privately-held enterprise registered as a trade name in Austin, Texas, US*Disclaimer: Albert Anthony and Albert Anthony & Co, as an enterprise are not a registered financial advisor and do not provide personalized financial advisory to clients but general markets commentary based on publicly-available data and own analysis, and do not sell or market financial products and services, nor are compensated by any company for rating them. The author does not hold any material position in any stock he rates at the time of writing, unless otherwise disclosed. All investment is assumed to be at risk and readers are expected to do their due diligence beyond the scope of this author's commentary, indemnifying the author of any liability for potential investment losses.

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