ING Groep N.V. operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ING Groep N.V. with three other
companies in this sector in UNITED STATES :
Barclays PLC
(2019
sales of $38.30 billion
of which 49%
was Barclays International),
Credit Suisse Group AG
($35.66 billion
of which 17%
was Swiss Universal Bank), and
Banco Bilbao Vizcaya Argentaria SA
($46.32 billion
of which 15%
was Mexico).
Sales Analysis.
ING Groep N.V. reported sales of $38.26 billion
for the
year ending
December of 2019.
This
represents
a very small
increase of 0.8%
versus 2018, when the company's sales were $37.95 billion.
Despite this increase, sales are still
well
below the level achieved in 2017, when ING Groep N.V.
reported sales of $57.31 billion.
Sales of Corporate Line Banking saw an increase
that was more than double the company's growth rate: sales were up
211.5% in 2019, from
$203.84 million to $634.88 million.
Not all segments of ING Groep N.V. experienced an increase in sales in 2019:
sales of Wholesale Banking fell 13.1% to $5.92 billion.
ING Groep N.V. also experienced decreases in sales in
Retail Netherlands - Banking (down 4.5% to $5.04 billion)
and
Retail Belgium - Banking (down 2.2% to $2.73 billion)
and
Retail Germany - Banking (down 4.5% to $2.22 billion)
.