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ING Groep NV (ING Groep NV) Pre-Tax Income : $11,290 Mil (TTM As of Mar. 2024)


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What is ING Groep NV Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. ING Groep NV's pretax income for the three months ended in Mar. 2024 was $2,492 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $11,290 Mil. ING Groep NV's pretax margin was 41.07%.

During the past 13 years, ING Groep NV's highest Pretax Margin was 46.83%. The lowest was 21.35%. And the median was 37.20%.


ING Groep NV Pre-Tax Income Historical Data

The historical data trend for ING Groep NV's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ING Groep NV Pre-Tax Income Chart

ING Groep NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,593.33 4,633.82 7,663.28 5,828.39 11,441.66

ING Groep NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,509.64 3,288.19 3,058.70 2,450.38 2,492.39

Competitive Comparison of ING Groep NV's Pre-Tax Income

For the Banks - Diversified subindustry, ING Groep NV's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ING Groep NV's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ING Groep NV's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where ING Groep NV's Pre-Tax Income falls into.



ING Groep NV Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

ING Groep NV's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+11441.658
=11,442

ING Groep NV's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+2492.391
=2,492

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,290 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ING Groep NV  (OTCPK:INGVF) Pre-Tax Income Explanation

ING Groep NV's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=2492.391/6068.478
=41.07%

During the past 13 years, ING Groep NV's highest Pretax Margin was 46.83%. The lowest was 21.35%. And the median was 37.20%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ING Groep NV Pre-Tax Income Related Terms

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ING Groep NV (ING Groep NV) Business Description

Address
Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.