We believe ING's strong deposit franchises in its core markets are its greatest competitive advantage. Ultralow interest rates over much of the preceding decade completely obscured the benefits that come with having a constant source of cheap funding.
ING benefits from a very attractive funding structure dominated by cheap, sticky retail deposits.
ING relies on net interest income for the bulk of its revenue, and without the tailwind from higher interest rates, growing revenue will be challenging.
|
Metric
|
ING
|
ABN
|
CBK
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.61 | 15.62 | 17.90 |
Price/Book Value | 1.85 | 1.47 | 1.53 |
Price/Sales | 3.91 | 3.89 | 3.60 |
Price/Cash Flow | 7.22 | 9.12 | — |
|
Metric
|
ING
|
ABN
|
CBK
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
ING
|
ABN
|
CBK
|
|---|---|---|---|
Return on Assets (Normalized) | 0.64% | 0.59% | 0.62% |
Return on Equity (Normalized) | 14.13% | 10.61% | 12.26% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co
JPM
| LOCK|>t&Z@z> | LOCK|^M& | $953B | |||
| Bank of America Corp
BAC
| LOCK|>D>RKH | LOCK|S!z | $438B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|XT@D@lR | LOCK|Z#@$ | $366B | |||
| Royal Bank of Canada
RY
| LOCK|@G?lv^S | LOCK|$d< | $293B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|@%#c#!W | LOCK|#$& | $274B | |||
| Wells Fargo & Co
WFC
| LOCK|%F!>JBl | LOCK|!l | $272B | |||
| Citigroup Inc
C
| LOCK|X^rbk@! | LOCK|F^ | $231B | |||
| Banco Santander SA ADR
SAN
| LOCK|%?PJ%@ | LOCK|v^nf | $217B | |||
| The Toronto-Dominion Bank
TD
| LOCK|^XNFJv | LOCK|Mf | $200B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|skdrJ? | LOCK|>P%@ | $170B |
United States