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) €15.45 9.94% 11.48%
ING GROEP N.V. (INGA.AS) €14.44 7.87% 7.77%

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)

9.94% Forward Dividend Yield and 11.48% Return On Equity

ABN AMRO Bank N.V. provides various banking products and financial 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; investment and insurance products; and consumer, personal, car, and home improvement loan. It also issues, promotes, manages, and processes credit cards; trade finance, international payments, and treasury management; corporate finance and equity capital market; and 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. ABN AMRO Bank N.V. operates as a subsidiary of Stichting Administratiekantoor Continuïteit.

Earnings Per Share

As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.99.

PE Ratio

ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 5.17. Meaning, the purchaser of the share is investing €5.17 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 11.48%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 1.51 and the estimated forward annual dividend yield is 9.94%.

Moving Average

ABN AMRO BANK N.V.’s worth is above its 50-day moving average of €14.05 and way higher than its 200-day moving average of €13.73.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ABN AMRO BANK N.V.’s stock is considered to be oversold (<=20).

More news about ABN AMRO BANK N.V..

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

7.87% Forward Dividend Yield and 7.77% Return On Equity

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts. It also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, the company provides working capital solutions; debt and equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. 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 €2.04.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 7.08. Meaning, the purchaser of the share is investing €7.08 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 7.77%.

Yearly Top and Bottom Value

ING GROEP N.V.’s stock is valued at €14.44 at 11:40 EST, above its 52-week high of €14.24.

Moving Average

ING GROEP N.V.’s worth is way higher than its 50-day moving average of €12.84 and way higher than its 200-day moving average of €12.81.

Volume

Today’s last reported volume for ING GROEP N.V. is 2797850 which is 76.28% below its average volume of 11796500.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 11.4% and a negative 21.7%, respectively.

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