ING Groep (INGA.AS, EURONEXT) repurchased €46.4m before earnings 28 Jan 2026: key signals
ING Groep repurchased €46.4m of shares this week ahead of its earnings release, and INGA.AS stock closed at €24.83 on EURONEXT in Europe (market closed). The buyback lifted buyback completion to 48.03% of the €1.1 billion programme and reduced float by 22,914,295 shares to date. Investors will watch tomorrow’s earnings (29 Jan 2026) for guidance on net interest margin, credit costs and buyback cadence.
INGA.AS stock: market close snapshot and buyback update
INGA.AS stock closed at €24.83 with a day range of €24.64–€25.10 and volume 5,882,634 shares on EURONEXT. The intraday move added €0.415 or 1.70% compared with the previous close of €24.415.
ING announced repurchases of 1,907,413 shares during 19–23 Jan 2026 at an average price of €24.33 for €46,405,706.45; total repurchases under the programme now total 22,914,295 shares at an average €23.06. See the company release for details Nasdaq report.
INGA.AS stock: earnings setup and what to expect
ING reports results on 29 Jan 2026; consensus focus includes net interest income, loan loss provisions, and CET1 ratio. The company lists an EPS of €2.00 and a trailing PE of 12.43, so modest beats on NII or lower provisions could move the stock.
Analysts already noted competitive pressure in retail markets; Jefferies initiated coverage with a €27.00 price target and a Hold view, citing digital competition and margin pressure. For analyst context see the Jefferies note Investing.com summary.
INGA.AS stock: valuation, dividends and key financial ratios
Valuation shows a PE of 12.43, PB of 1.49, and dividend per share €1.232 (yield 4.96%). Book value per share is €17.08 and tangible book €16.59, providing cushioning versus the current price.
Key ratio risks include a high reported debt-to-equity of 3.45 and enterprise value to EBITDA near 18.09. Market cap is approximately €72.06 billion, and 50/200 day averages are €23.53 and €20.88 respectively.
INGA.AS stock: Meyka grade, forecast and analyst consensus
Meyka AI rates INGA.AS with a score out of 100: 73.51 / B+ — BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade balances ING’s solid return on equity (11.92%) and dividend yield with leverage and cash-flow sensitivity.
Meyka AI’s forecast model projects a 12‑month price of €29.19, implying +17.55% from the current €24.83. Forecasts are model-based projections and not guarantees.
INGA.AS stock: technicals and short-term momentum
Technicals show short-term strength: RSI 77.31 (overbought), MACD histogram positive, and ADX 42.83 indicating a strong trend. Bollinger Bands sit €22.56–€24.82 and price is above the 50-day mean, reflecting bullish momentum.
Volume is near average with a relative volume of 1.04. Overbought oscillators suggest potential for a pullback ahead of earnings if results disappoint, but momentum could amplify upside on constructive guidance.
INGA.AS stock: sector context and downside risks
Within Europe’s Financial Services sector, banks trade at an average PE ~20.98 and PB ~2.33; ING’s lower PE and PB reflect a value tilt but with higher leverage compared with sector norms. Sector trends show YTD strength ~2.09%, while bank-specific drivers remain interest rates and credit cycles.
Principal risks include regulatory constraints on capital and dividends, sensitivity to rate moves, and operating leverage: ING’s operating cash-flow metrics and net debt ratios are areas to monitor alongside ongoing buybacks.
Final Thoughts
Key takeaways: INGA.AS stock closed at €24.83 after the latest buyback tranche of €46.41m, a tactical move that reduces share count and supports EPS ahead of the 29 Jan 2026 earnings release. Financials show a reasonable valuation with PE 12.43 and a 4.96% dividend yield, but leverage metrics such as debt‑to‑equity 3.45 increase sensitivity to shocks. Meyka AI’s forecast model projects €29.19 for the next 12 months, implying +17.55% upside versus the current price; forecasts are model projections and not guarantees. Near term, watch reported NII, credit costs, and any comment on future buybacks or capital return. We also recommend monitoring short-term technicals—RSI shows overbought conditions that could produce a reaction to any guidance shortfall. For live data and portfolio tracking see the Meyka INGA.AS page for real‑time updates and AI‑powered market analysis.
FAQs
When does ING report earnings and how could INGA.AS stock react?
ING reports on 29 Jan 2026. INGA.AS stock could rise on stronger net interest income or lower provisions. Weak guidance on margins or higher credit costs could trigger a pullback. Expect volatility at market open following the release.
What is Meyka AI’s near-term forecast for INGA.AS stock?
Meyka AI’s 12‑month forecast for INGA.AS stock is €29.19, implying about +17.55% from €24.83. Forecasts are model-driven projections and not investment guarantees.
How does ING’s valuation compare within the Financial Services sector for INGA.AS stock?
ING trades at PE 12.43 and PB 1.49, below sector averages (PE ~20.98, PB ~2.33). That gap reflects value pricing but also higher reported leverage and sector-specific risks.
How material is the share buyback to INGA.AS stock performance?
The buyback programme (22,914,295 shares repurchased to date at €23.06) is material for EPS and capital returns. Buybacks completed ~48.03% of the €1.1bn plan, supporting near-term shareholder returns but dependent on capital and regulatory limits.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
