GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (NYSE:ISP.PFD) » Definitions » Altman Z2-Score

ING Groep NV (ING Groep NV) Altman Z2-Score


View and export this data going back to 1991. Start your Free Trial

What is ING Groep NV Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.

ING Groep NV (ING Groep NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (NYSE:ISP.PFD) » Definitions » Altman Z2-Score
Comparable Companies
XAMS:ABN JPM BAC SHSE:601398 WFC SHSE:601288 SHSE:601988 SHSE:601939 LSE:HSBA TSX:RY ASX:CBA C TSE:8306 TSX:TD XSWX:UBSG TSE:8316 XMAD:SAN TSX:BMO ASX:NAB XMAD:BBVA
Traded in Other Exchanges
INGVF:USA ING:USA INGA:Netherlands INGA:Italy 0A2K:UK INGAa:UK 0RIC:UK INN1:Germany INGG34:Brazil INGA:Austria ING:Argentina
Address
Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
Website
https://www.ing.com
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.