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ING Bank Slaski S.A (ING) Fair Value & Analysis

Financial Services · PL · Market cap 56.4B PLN

IB ING Bank Slaski S.A ING · WAR
Price445.80 PLN
Fair Value462.94 PLN
Upside+3.8%
Quality95/100
Evidence: High Range 347.21 PLN – 578.68 PLN

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Share price +1.8% over the past month.

Price vs Fair Value (12 months)

472.13 PLN 281.92 PLN Fair Value 462.94 PLN Jun 2025 Jun 2026

12‑month range 281.92 PLN – 472.13 PLN · fair‑value band 347.21 PLN – 578.68 PLN · the 445.80 PLN price screens below the 462.94 PLN fair value. As of Jun 26, 2026.

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Analysis

ING Bank Slaski S.A (ING) currently trades at 445.80 PLN, while our model-based Fair Value estimate is 462.94 PLN — implying the stock looks roughly 3.8% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, ING Bank Slaski S.A generated revenue of 11.1B PLN at a net margin of 39.9%. Revenue grew 4.6% year over year. It earns a return on equity of 22.6%. Net debt stands at 8.6B PLN. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 11.1B PLN
Revenue growth (YoY) +4.6%
Net margin 39.9%
Return on equity 22.6%
Free cash flow 949M PLN FY2025
P/E ratio 12.7
More key figures
Operating margin 47.4%
EPS (TTM) 34.14 PLN
Dividend yield 6.1%
EPS growth (YoY) -18.9%
Net debt 8.6B PLN FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

ING Bank Slaski S.A., together with its subsidiaries, provides various banking products and services for retail clients and businesses in Poland. It operates in two segments, Retail Banking and Corporate Banking. The company accepts personal and business accounts. Its loan products include cash loans, mortgages, business line of credit, invoice financing, leasing, factoring, investment loans, business loans, trade finance, guarantees, long-term financing, commercial real estate financing, and reverse factoring. The company also offers credit and debit cards; investment and savings, and insurance products; and payments, transfers, financial management, currency exchange, financial risk management, trust, and mobile and internet banking services. In addition, it offers pensions, insurance, and independent accounting services. The company was founded in 1989 and is headquartered in Katowice, Poland. ING Bank Slaski S.A. is a subsidiary of ING Bank N.V.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ING Bank Slaski S.A reported revenue of 11.8B PLN in FY2025 versus 6.9B PLN in FY2021, a compound +14.5%/yr. Reported net income was 4.6B PLN in FY2025, compounding +19.0%/yr from FY2021.

Revenue +14.5%/yr
FY21 6.9B PLN
FY22 7.7B PLN
FY23 10.0B PLN
FY24 16.2B PLN
FY25 11.8B PLN
Net income +19.0%/yr
FY21 2.3B PLN
FY22 1.7B PLN
FY23 4.4B PLN
FY24 4.4B PLN
FY25 4.6B PLN

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Frequently asked questions

Is ING Bank Slaski S.A (ING) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 462.94 PLN versus a price of 445.80 PLN — about +4% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ING?
Our 21-model fair value for ING Bank Slaski S.A is 462.94 PLN (as of Jun 26, 2026), built from audited fundamentals. The current price is 445.80 PLN.
What is the quality score of ING?
ING Bank Slaski S.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of ING Bank Slaski S.A (ING)?
ING Bank Slaski S.A reported trailing-twelve-month revenue of about 11.1B PLN (latest available figure, as of Jun 26, 2026).
What is the net profit margin of ING?
The net profit margin of ING Bank Slaski S.A is about 39.9%, meaning it keeps roughly 39.9% of revenue as net income. Based on the latest reported figures.
Does ING Bank Slaski S.A pay a dividend?
ING Bank Slaski S.A currently shows a dividend yield of about 6.07% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.