NN Group N.V. (NNGRY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
NN Group N.V. (NNGRY). NN Group N. V. is a financial services company based in the Netherlands, offering a range of life and non-life insurance products, banking services, and retirement solutions. Sector: Financial services.
Last analyzed: Mar 17, 2026NNGRY: 1/1 perspectives are bearish.
NN Group N.V. (NNGRY) Financial Services Profile
NN Group N.V. is a diversified financial services provider with a strong presence in the Netherlands and expanding operations in Europe and Japan, offering life and non-life insurance, banking, and asset management solutions with a focus on digital innovation and customer-centric services.
What Is the Investment Thesis for NNGRY?
NN Group presents a compelling investment case based on its strong market position in the Netherlands and its growth potential in international markets. With a P/E ratio of 15.06 and a dividend yield of 5.29%, the company offers a balance of value and income. Key growth catalysts include expansion in Central and Eastern Europe and continued digital transformation. However, investors may want to evaluate potential risks such as regulatory changes and economic downturns affecting insurance and banking operations. The company's beta of 0.53 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
NNGRY Key Highlights
- Market capitalization of $20.09 billion, reflecting its significant presence in the European financial services market.
- Profit margin of 9.5%, indicating efficient operations and profitability in a competitive industry.
- Dividend yield of 5.29%, offering an attractive income stream for investors.
- Gross margin of 100.0%, primarily due to the nature of insurance revenue recognition.
- Beta of 0.53, suggesting lower volatility compared to the broader market, making it a potentially stable investment.
Who Are NNGRY's Competitors?
Who Are NNGRY's Competitors?
NNGRY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AEGOF Aegon N.V. | $8.43 | +0.00% | $12.75B | — |
| BNDSY Banco de Sabadell, S.A. | $7.04 | +0.00% | $17.59B | 56 |
| FRFXF Fairfax Financial Holdings Limited | $18.72 | +0.00% | $20.81B | — |
| ISNPY Intesa Sanpaolo S.p.A. | $40.42 | +0.00% | $19.60B | — |
| AGESY ageas SA/NV | $79.39 | -0.01% | $16.33B | 64 |
| XZO Exzeo Group, Inc. | $13.85 | +1.54% | 2B | 64 |
| AEG Aegon Ltd. | $8.61 | -0.35% | 14B | 63 |
| YB Yuanbao Inc. | $14.07 | -1.33% | 109M | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NNGRY's Key Strengths?
- Strong market position in the Netherlands.
- Diversified product portfolio.
- Established distribution network.
- Solid capital position.
What Are NNGRY's Weaknesses?
- Exposure to regulatory changes in the financial services industry.
- Dependence on macroeconomic conditions.
- Competition from larger global players.
- Potential for operational risks.
What Could Drive NNGRY Stock Higher?
- Digital transformation initiatives aimed at improving customer experience and operational efficiency.
- Expansion in Central and Eastern European markets.
- Potential strategic partnerships to expand distribution network in the next 1-2 years.
- Development and promotion of ESG-focused investment products to attract socially conscious investors.
What Are the Key Risks for NNGRY?
- Economic downturns affecting insurance and banking operations.
- Exposure to regulatory changes in the financial services industry.
- Increasing competition from fintech companies.
- Cybersecurity risks and data breaches.
- Fluctuations in interest rates impacting mortgage demand.
What Are the Growth Opportunities for NNGRY?
- Expansion in Central and Eastern Europe: NN Group has the opportunity to expand its insurance and asset management services in the growing markets of Central and Eastern Europe. These regions offer higher growth potential compared to mature Western European markets, driven by increasing disposable incomes and rising insurance penetration rates. Successful expansion could significantly increase NN Group's revenue and market share over the next 3-5 years.
- Digital Transformation and Customer Experience: Investing in digital technologies to enhance customer experience and streamline operations presents a significant growth opportunity. By leveraging data analytics and AI, NN Group can personalize products, improve customer service, and reduce costs. This initiative could lead to increased customer retention and acquisition, boosting revenue and profitability within the next 2-3 years.
- Pension Market Growth: With aging populations in Europe and Japan, the demand for pension products and retirement solutions is increasing. NN Group can capitalize on this trend by offering innovative pension plans and investment strategies tailored to the needs of different customer segments. This growth opportunity is expected to materialize over the next 5-10 years, contributing to long-term revenue growth.
- Strategic Partnerships and Bancassurance: Strengthening partnerships with banks and other financial institutions can expand NN Group's distribution network and reach new customer segments. Bancassurance agreements allow NN Group to offer its insurance products through bank branches, increasing sales and market penetration. These partnerships can be established within the next 1-2 years, providing immediate access to a wider customer base.
- Sustainable and Responsible Investing: Growing investor interest in sustainable and responsible investing (SRI) presents an opportunity for NN Group to develop and promote ESG-focused investment products. By integrating environmental, social, and governance factors into its investment strategies, NN Group can attract socially conscious investors and enhance its brand reputation. This trend is expected to gain momentum over the next 3-5 years, driving demand for SRI products.
What Opportunities Does NNGRY Have?
- Expansion in Central and Eastern Europe.
- Digital transformation and customer experience enhancement.
- Growth in the pension market.
- Strategic partnerships and bancassurance.
What Threats Does NNGRY Face?
- Economic downturns affecting insurance and banking operations.
- Increasing competition from fintech companies.
- Rising interest rates impacting mortgage demand.
- Cybersecurity risks and data breaches.
What Are NNGRY's Competitive Advantages?
- Strong brand recognition and reputation in the Netherlands.
- Established distribution network through various channels.
- Diversified product portfolio across insurance, banking, and asset management.
- Significant scale and market share in key segments.
What Does NNGRY Do?
NN Group N.V., established in 1845 and headquartered in The Hague, Netherlands, has evolved from its origins as part of Nationale-Nederlanden to become a leading financial services provider. Following its separation from ING Group in 2014, NN Group has focused on strengthening its market position in insurance, pensions, and banking. The company operates through several segments, including Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other. NN Group offers a comprehensive suite of products, including life insurance, pension plans, non-life insurance (motor, fire, liability), employee benefits, and health insurance. Additionally, it provides banking services such as mortgages, savings accounts, and consumer lending. The company serves a diverse customer base, ranging from individuals and small businesses to large corporations and institutional investors, utilizing a multi-channel distribution strategy that includes tied agents, bancassurance partners, brokers, and direct channels. NN Group's strategic focus includes enhancing customer experience through digital innovation and maintaining a strong capital position to support future growth and shareholder returns.
What Products and Services Does NNGRY Offer?
- Provides life insurance products to individuals and groups.
- Offers non-life insurance, including motor, fire, and liability coverage.
- Manages pension funds and provides retirement solutions.
- Offers banking services such as mortgages and savings accounts.
- Provides health insurance products.
- Offers corporate-owned life insurance products.
- Provides reinsurance services.
How Does NNGRY Make Money?
- Generates revenue from insurance premiums.
- Earns income from banking services, including interest on loans and fees.
- Manages assets and earns fees from investment management activities.
- Distributes products through tied agents, brokers, and bancassurance partners.
What Industry Does NNGRY Operate In?
NN Group operates in the diversified insurance and financial services industry, which is characterized by increasing regulatory scrutiny, evolving customer expectations, and technological disruption. The industry is witnessing a shift towards digital channels and personalized products. NN Group competes with major European insurers such as AEGOF (Aegon) and BNDSF (Baloise Holding), as well as banking institutions. The market is influenced by macroeconomic factors such as interest rates, inflation, and economic growth, which impact insurance premiums and investment returns.
Who Are NNGRY's Key Customers?
- Individuals seeking life and non-life insurance.
- Small and medium-sized enterprises (SMEs) requiring insurance and banking services.
- Retail customers using banking and investment products.
- Institutional customers investing in pension funds and other financial products.
NNGRY Financials
NNGRY Latest News
-
NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Given Average Recommendation of “Hold” by Analysts
defenseworld.net · Apr 19, 2026
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NNGRY vs. BWIN: Which Stock Should Value Investors Buy Now?
zacks.com · Apr 10, 2026
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Stocks That Hit 52-Week Highs On Tuesday
· Mar 24, 2020
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New 52-Week Lows For Monday Morning
· Aug 5, 2019
NNGRY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NNGRY.
Price Targets
Wall Street price target analysis for NNGRY.
NNGRY MoonshotScore
What does this score mean?
The MoonshotScore rates NNGRY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Who Are NNGRY's Competitors?
Latest News
NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) Given Average Recommendation of “Hold” by Analysts
NNGRY vs. BWIN: Which Stock Should Value Investors Buy Now?
Stocks That Hit 52-Week Highs On Tuesday
New 52-Week Lows For Monday Morning
Leadership: David E. Knibbe
CEO
David Knibbe has served as the CEO of NN Group since October 1, 2020. Prior to this role, he held various leadership positions within NN Group, including CEO of Netherlands Life & Pensions. His extensive experience in the financial services industry spans over two decades. He has a strong background in insurance, pensions, and asset management. Knibbe is known for his strategic vision and focus on customer-centric innovation.
Track Record: Under David Knibbe's leadership, NN Group has focused on strengthening its digital capabilities and expanding its presence in key markets. He has overseen the implementation of several strategic initiatives aimed at improving customer experience and driving sustainable growth. Key milestones include the successful integration of acquired businesses and the launch of innovative digital products and services.
NN Group N.V. ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company that trades on U.S. stock exchanges. NNGRY is an ADR that allows U.S. investors to invest in NN Group N.V. without directly dealing with foreign exchanges. Each NNGRY ADR represents a specific number of NN Group's ordinary shares traded on its home market.
- Home Market Ticker: Euronext Amsterdam (NNGR)
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: NNGR
NNGRY OTC Market Information
The OTC Other tier, where NNGRY trades, represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure and may not meet the listing requirements of major exchanges like the NYSE or NASDAQ. Investing in OTC Other stocks carries higher risks due to the potential for less transparency and regulatory oversight compared to exchange-listed companies. This tier is also known for having the least amount of regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- Low trading volume and liquidity.
- Potential for price volatility.
- Higher risk of fraud or manipulation.
- Less regulatory oversight compared to exchange-listed companies.
- Verify the company's registration and legal status.
- Obtain and review available financial statements.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Research any news or regulatory filings related to the company.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor.
- Established history of operations (founded in 1845).
- Presence in a regulated industry (financial services).
- Availability of some company information (though disclosure level is unknown).
- ADR status, which requires some level of compliance.
- Presence of a known CEO and management team.
NNGRY Financial Services Stock FAQ
What does NN Group N.V. do?
NN Group N.V. is a financial services company offering a range of insurance, pension, and banking products and services. Its core business involves providing life and non-life insurance solutions to individuals, small and medium-sized enterprises, and corporate clients. Additionally, NN Group offers banking services, including mortgages, savings accounts, and consumer lending. The company operates primarily in the Netherlands and other European countries, as well as Japan, focusing on long-term value creation for its stakeholders.
What do analysts say about NNGRY stock?
Analyst consensus on NNGRY stock is currently pending further AI analysis. However, key valuation metrics such as the P/E ratio of 15.06 and dividend yield of 5.29% suggest a potentially attractive valuation. Growth considerations include the company's expansion in Central and Eastern Europe and its digital transformation initiatives. Investors should monitor analyst ratings and price targets for updated insights.
What are the main risks for NNGRY?
NNGRY faces several risks, including economic downturns that could reduce demand for insurance and banking products. Regulatory changes in the financial services industry could also impact its operations and profitability. Increasing competition from fintech companies and cybersecurity threats pose additional challenges. Furthermore, fluctuations in interest rates and currency exchange rates could affect its financial performance.
What are the key factors to evaluate for NNGRY?
Evaluating NNGRY involves reviewing fundamentals, analyst consensus, and risk factors. Key strength: Strong market position in the Netherlands. Primary risk to monitor: Economic downturns affecting insurance and banking operations. This is not financial advice.
How frequently does NNGRY data refresh on this page?
NNGRY prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven NNGRY's recent stock price performance?
Recent price movement in NN Group N.V. (NNGRY) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strong market position in the Netherlands. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider NNGRY overvalued or undervalued right now?
Determining whether NN Group N.V. (NNGRY) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying NNGRY?
Before investing in NN Group N.V. (NNGRY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-03-17.
- AI analysis pending for more detailed insights.