ING Bank Slaski SA

Chart & Performance

D1W1MN

P/E

7.40

P/S

2.12

EPS

34.13

Div Yield, %

0.00%

Shrs. gr., 5y

—

Rev. gr., 5y

24.17%

Revenues

10.03b

+30.19%

Net income

4.44b

+159.04%

CFO

-2.34b

Dividend

Apr 16, 202433.35 PLN/sh

Earnings

Jan 30, 2025

Profile

ING Bank Slaski S.A., together with its subsidiaries, provides various banking products and services in Poland. The company operates in two segments, Retail Banking and Corporate Banking. The Retail Banking segment offers various credit products, such as overdraft facilities, loans related to cards, installment loans, and mortgage loans; deposit products, including current accounts, term deposits, and savings accounts; structured products; ING fund units; brokerage services; and bank cards to individual customers. The Corporate Banking segment provides deposit products, such as current accounts, term deposits and negotiated deposits, and savings accounts; loan products, including working and investment loans; and financial markets products, trust services, and capital market operations to institutional clients and individual entrepreneurs. It is also involved in operation and leasing of real estate properties; and the provision of financial intermediary and advisory services. In addition, the company offers leasing and factoring; accountancy and payroll services; education and promotion for the financial market and TURBO certificates; and holiday and training courses. It operates 312 branches. The company was founded in 1989 and is headquartered in Katowice, Poland. ING Bank Slaski S.A. is a subsidiary of ING Bank NV.

URL

https://www.ing.pl/

IPO date

Jan 25, 1994

Employees

8,496

Domiciled in

Incorporated in

Valuation

Order:

Title PLN in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title PLN in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	10,034,900 30.19%	7,707,600 12.07%	6,877,500 10.34%
Cost of revenue	(5,037,600)	1,225,200	659,700
Unusual Expense (Income)
NOPBT	15,072,500	6,482,400	6,217,800
NOPBT Margin	150.20%	84.10%	90.41%
Operating Taxes	1,279,100	688,700	707,000
Tax Rate	8.49%	10.62%	11.37%
NOPAT	13,793,400	5,793,700	5,510,800
Net income	4,440,900 159.04%	1,714,400 -25.73%	2,308,300 72.57%
Dividends		(689,500)	(663,500)
Dividend yield		3.22%	1.91%
Proceeds from repurchase of equity	(9,500)
BB yield	0.03%
Debt
Debt current		731,900	3,624,000
Long-term debt	968,400	7,888,500	7,125,600
Deferred revenue		(263,200)	6,404,000
Other long-term liabilities	33,717,200	(7,272,100)	(6,790,000)
Net debt	(419,000)	(49,636,800)	(43,636,200)
Cash flow
Cash from operating activities	(2,342,000)	2,955,100	437,000
CAPEX	(155,600)	(268,200)	(122,900)
Cash from investing activities	(824,100)	(976,200)	1,253,600
Cash from financing activities	19,685,000	(306,800)	(1,541,100)
FCF	201,155,500	7,422,800	1,882,800
Balance
Cash	998,100	4,254,200	4,034,300
Long term investments	389,300	54,003,000	50,351,500
Excess cash	885,655	57,871,820	54,041,925
Stockholders' equity	15,785,000	16,427,300	15,396,100
Invested Capital	65,280,145	201,094,100	189,311,300
ROIC	10.36%	2.97%	3.07%
ROCE	22.78%	2.98%	3.03%
EV
Common stock shares outstanding	130,118	130,100	130,100
Price	256.00 55.34%	164.80 -38.28%	267.00 56.14%
Market cap	33,310,175 55.36%	21,440,480 -38.28%	34,736,700 56.14%
EV	32,891,175	(20,157,020)	(6,078,500)
EBITDA	15,399,900	6,761,700	6,504,100
EV/EBITDA	2.14
Interest	4,238,500	2,497,900	462,700
Interest/NOPBT	28.12%	38.53%	7.44%