ABN AMRO BANK N.V. And ING GROEP N.V. Have A High Dividend Yield And Return On Equity In The Banks—Diversified Industry.

(VIANEWS) – ABN AMRO BANK N.V. (ABN.AS) is among this list of stock assets with the highest dividend rate and return on equity on the Banks—Diversified industry.

Financial Asset Price Forward Dividend Yield Return on Equity
ABN AMRO BANK N.V. (ABN.AS) €13.11 9.44% 10.93%
ING GROEP N.V. (INGA.AS) €12.38 5.5% 14.07%

Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. ABN AMRO BANK N.V. (ABN.AS)

9.44% Forward Dividend Yield and 10.93% Return On Equity

ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.71.

PE Ratio

ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 4.84. Meaning, the purchaser of the share is investing €4.84 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.93%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.1%, now sitting on 8.41B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 16, 2023, the estimated forward annual dividend rate is 1.29 and the estimated forward annual dividend yield is 9.44%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 25% and positive 45.9% for the next.

Sales Growth

ABN AMRO BANK N.V.’s sales growth is 17.1% for the current quarter and 17.2% for the next.

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2. ING GROEP N.V. (INGA.AS)

5.5% Forward Dividend Yield and 14.07% Return On Equity

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.52.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 8.15. Meaning, the purchaser of the share is investing €8.15 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.07%.

Sales Growth

ING GROEP N.V.’s sales growth is 25.6% for the current quarter and 13.8% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 100% and 36.7%, respectively.

Volume

Today’s last reported volume for ING GROEP N.V. is 3491040 which is 70.14% below its average volume of 11695000.

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