ING Group’s share price has rallied toward its 52‑week high, supported by robust profitability and steady capital returns. As of late August 2025, the stock sits near the top of its 14.24–21.52 range, with a 52‑week change of 33.33% and moving averages trending higher. Fundamentals show revenue (ttm) of 19.59B, profit margin of 24.46% and return on equity of 9.30%, while the forward annual dividend rate is 1.06 (yield 4.97%) with an 8/4/2025 ex‑dividend date. Headlines underscore resilience (EBA stress test), ongoing share buybacks, and a “Moderate Buy” consensus from brokerages, though quarterly revenue and earnings growth are negative year over year. Over a three‑year horizon, dividend durability, the pace of buybacks, and macro‑driven credit trends will likely steer total returns, with capital strength a buffer against volatility.

ArcelorMittal (MT.AS) enters the next three years with a firmer share price but mixed fundamentals. As of August 2025, the stock has risen 38.79% over 12 months and trades around 29.23, near its 50-day average of 27.97 and above the 200-day at 26.06. Revenue over the last twelve months stands at 60.63B, with quarterly sales down 2.00% year on year, and profitability modest: a 4.11% net margin and 0.47% operating margin. Cash generation is solid at 4.94B operating cash flow, though levered free cash flow is slightly negative, against 5.36B in cash and 13.73B of total debt. With a forward dividend of 0.52 (1.80% yield) and a payout ratio of 16.01%, the group continues returning capital while navigating cyclical steel demand and restructuring in select geographies.

AIA Group Limited (1299.HK) enters August 2025 with improving top-line momentum and a steadier share price after a volatile year. The insurer reports revenue of 25.49B (ttm) with a profit margin of 23.76% and return on equity of 15.10%. Despite robust quarterly revenue growth of 29.40% year over year, quarterly earnings growth is negative, underscoring mix and timing effects common in life insurance. Shares are up 32.09% over 12 months, trading between 48.6–77.5 and recently near the low-70s, supported by a 50-day moving average above the 200-day. Valuation signals an earnings rebuild ahead (forward P/E 14.03 vs trailing 28.51). Liquidity and capital remain sound, with a 3.48 current ratio and a forward dividend yield of 2.47% ahead of the 9/5/2025 ex-date. Our three-year view weighs China exposure, cash generation, and execution on growth.

DBS Bank (D05.SI) enters August 2025 with strong profitability and a share price near its 52‑week high. Over the past year, the stock rose 41.89% to 50.81 as of August 22, outpacing the S&P 500’s 15.13%. The bank reports trailing‑twelve‑month revenue of 22.1B and net income of 11.19B, supported by a 51.0% profit margin, 59.46% operating margin, and 16.81% return on equity. Income investors note a forward dividend yield of 5.20% (payout ratio 61.72%), with an ex‑dividend date on August 14, 2025. Meanwhile, DBS is expanding into tokenized structured notes on Ethereum, signaling product innovation that could diversify fee income. With a low 0.51 beta and ample liquidity, the three‑year outlook will hinge on rate‑cycle dynamics, digital execution, and capital discipline.