DB vs. ING: A Head-to-Head Stock Comparison

April 26, 2026

Here’s a clear look at DB and ING, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	DB	ING
Company Name	Deutsche Bank Aktiengesellschaft	ING Groep N.V.
Country	Germany	Netherlands
GICS Sector	Financials	Financials
GICS Industry Group	Financial Services	Banks
GICS Industry	Capital Markets	Banks
GICS Sub-Industry	Diversified Capital Markets	Diversified Banks
Market Capitalization	61.09 billion USD	80.31 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	November 18, 1996	May 18, 1994
Security Type	Common Stock	ADR

DB is a standard domestic listing, while ING trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.

DB’s market capitalization stands at 61.09 billion USD, while ING’s is 80.31 billion USD, indicating their market valuations are broadly comparable.

ING is an American Depositary Receipt (ADR), allowing U.S. investors direct exposure to its non-U.S. operations. DB, on the other hand, is a domestic entity.

Historical Performance

This chart compares the performance of DB and ING by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

DB+187.11%

ING+210.74%

DB vs. ING: Growth of a $10,000 investment over the past five years.

Historical Performance at a Glance

Symbol	DB	ING
5-Day Price Return	-4.31%	-2.65%
13-Week Price Return	-18.98%	-2.75%
26-Week Price Return	-11.28%	15.75%
52-Week Price Return	20.72%	40.15%
Month-to-Date Return	7.74%	7.87%
Year-to-Date Return	-18.27%	-0.69%
10-Day Avg. Volume	5.34M	7.49M
3-Month Avg. Volume	6.46M	8.05M
3-Month Volatility	38.75%	31.02%
Beta	1.47	1.21

With betas of 1.47 for DB and 1.21 for ING, both stocks show similar sensitivity to overall market movements.

Profitability

Return on Equity (TTM)

DB

8.87%

Capital Markets Industry

Max: 44.30%
Q3: 23.76%
Median: 14.56%
Q1: 9.34%
Min: -6.01%

DB’s Return on Equity of 8.87% is in the lower quartile for the Capital Markets industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

ING

19.15%

Banks Industry

Max: 24.14%
Q3: 15.37%
Median: 11.44%
Q1: 9.01%
Min: 2.22%

In the upper quartile for the Banks industry, ING’s Return on Equity of 19.15% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

DB vs. ING: A comparison of their Return on Equity (TTM) against their respective Capital Markets and Banks industry benchmarks.

Net Profit Margin (TTM)

DB

19.06%

Capital Markets Industry

Max: 63.80%
Q3: 34.99%
Median: 24.30%
Q1: 13.32%
Min: -13.25%

DB’s Net Profit Margin of 19.06% is aligned with the median group of its peers in the Capital Markets industry. This indicates its ability to convert revenue into profit is typical for the sector.

ING

29.92%

Banks Industry

Max: 54.20%
Q3: 35.10%
Median: 28.81%
Q1: 21.89%
Min: 2.66%

ING’s Net Profit Margin of 29.92% is aligned with the median group of its peers in the Banks industry. This indicates its ability to convert revenue into profit is typical for the sector.

DB vs. ING: A comparison of their Net Profit Margin (TTM) against their respective Capital Markets and Banks industry benchmarks.

Operating Profit Margin (TTM)

DB

20.16%

Capital Markets Industry

Max: 84.20%
Q3: 46.32%
Median: 32.43%
Q1: 19.64%
Min: 0.33%

DB’s Operating Profit Margin of 20.16% is around the midpoint for the Capital Markets industry, indicating that its efficiency in managing core business operations is typical for the sector.

ING

42.36%

Banks Industry

Max: 63.35%
Q3: 44.29%
Median: 36.74%
Q1: 28.17%
Min: 12.28%

ING’s Operating Profit Margin of 42.36% is around the midpoint for the Banks industry, indicating that its efficiency in managing core business operations is typical for the sector.

DB vs. ING: A comparison of their Operating Profit Margin (TTM) against their respective Capital Markets and Banks industry benchmarks.

Profitability at a Glance

Symbol	DB	ING
Return on Equity (TTM)	8.87%	19.15%
Return on Assets (TTM)	0.49%	0.89%
Net Profit Margin (TTM)	19.06%	29.92%
Operating Profit Margin (TTM)	20.16%	42.36%
Gross Profit Margin (TTM)	--	--

Financial Strength

Current Ratio (MRQ)

DB

Capital Markets Industry

Max: 2.80
Q3: 1.78
Median: 1.02
Q1: 0.70
Min: 0.03

For the Capital Markets industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

ING

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

DB vs. ING: A comparison of their Current Ratio (MRQ) against their respective Capital Markets and Banks industry benchmarks.

Debt-to-Equity Ratio (MRQ)

DB

3.21

Capital Markets Industry

Max: 5.80
Q3: 2.50
Median: 0.88
Q1: 0.28
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Capital Markets industry.

ING

3.41

Banks Industry

Max: 4.88
Q3: 2.62
Median: 1.09
Q1: 0.39
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.

DB vs. ING: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Capital Markets and Banks industry benchmarks.

Interest Coverage Ratio (TTM)

DB

Capital Markets Industry

Max: 125.09
Q3: 59.73
Median: 12.50
Q1: 4.36
Min: -36.26

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Capital Markets industry.

ING

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.

DB vs. ING: A comparison of their Interest Coverage Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Financial Strength at a Glance

Symbol	DB	ING
Current Ratio (MRQ)	--	--
Quick Ratio (MRQ)	--	--
Debt-to-Equity Ratio (MRQ)	3.21	3.41
Interest Coverage Ratio (TTM)	--	--

Growth

Revenue Growth

DB vs. ING: A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Symbol	DB	ING
Revenue Growth (MRQ vs Prior YoY)	78.22%	20.89%
Revenue Growth (TTM vs Prior YoY)	96.63%	92.86%
3-Year Revenue CAGR	-1.22%	0.02%
5-Year Revenue CAGR	0.63%	-8.37%

EPS Growth

DB vs. ING: A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

Symbol	DB	ING
EPS Growth (MRQ vs Prior YoY)	409.10%	13.60%
EPS Growth (TTM vs Prior YoY)	110.27%	61.57%
3-Year EPS CAGR	10.11%	27.80%
5-Year EPS CAGR	72.35%	27.15%

Dividend

Dividend Yield (TTM)

DB

2.58%

Capital Markets Industry

Max: 8.43%
Q3: 4.25%
Median: 2.57%
Q1: 1.33%
Min: 0.00%

DB’s Dividend Yield of 2.58% is consistent with its peers in the Capital Markets industry, providing a dividend return that is standard for its sector.

ING

5.71%

Banks Industry

Max: 9.44%
Q3: 5.21%
Median: 3.55%
Q1: 2.32%
Min: 0.00%

With a Dividend Yield of 5.71%, ING offers a more attractive income stream than most of its peers in the Banks industry, signaling a strong commitment to shareholder returns.

DB vs. ING: A comparison of their Dividend Yield (TTM) against their respective Capital Markets and Banks industry benchmarks.

Dividend Payout Ratio (TTM)

DB

77.95%

Capital Markets Industry

Max: 173.08%
Q3: 88.56%
Median: 56.99%
Q1: 27.82%
Min: 0.00%

DB’s Dividend Payout Ratio of 77.95% is within the typical range for the Capital Markets industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ING

61.38%

Banks Industry

Max: 134.04%
Q3: 76.84%
Median: 51.58%
Q1: 34.59%
Min: 0.00%

ING’s Dividend Payout Ratio of 61.38% is within the typical range for the Banks industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

DB vs. ING: A comparison of their Dividend Payout Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Dividend at a Glance

Symbol	DB	ING
Dividend Yield (TTM)	2.58%	5.71%
Dividend Payout Ratio (TTM)	77.95%	61.38%

Valuation

Price-to-Earnings Ratio (TTM)

DB

7.36

Capital Markets Industry

Max: 49.72
Q3: 27.39
Median: 17.42
Q1: 12.31
Min: 4.34

In the lower quartile for the Capital Markets industry, DB’s P/E Ratio of 7.36 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

ING

7.11

Banks Industry

Max: 22.23
Q3: 14.16
Median: 11.29
Q1: 8.24
Min: 2.89

In the lower quartile for the Banks industry, ING’s P/E Ratio of 7.11 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

DB vs. ING: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Price-to-Sales Ratio (TTM)

DB

0.79

Capital Markets Industry

Max: 13.13
Q3: 6.67
Median: 3.67
Q1: 2.25
Min: 0.06

In the lower quartile for the Capital Markets industry, DB’s P/S Ratio of 0.79 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

ING

1.96

Banks Industry

Max: 4.90
Q3: 3.05
Median: 2.22
Q1: 1.56
Min: 0.39

The P/S Ratio is often not a primary valuation tool in the Banks industry.

DB vs. ING: A comparison of their Price-to-Sales Ratio (TTM) against their respective Capital Markets and Banks industry benchmarks.

Price-to-Book Ratio (MRQ)

DB

0.79

Capital Markets Industry

Max: 10.57
Q3: 5.18
Median: 2.55
Q1: 1.42
Min: 0.22

DB’s P/B Ratio of 0.79 is in the lower quartile for the Capital Markets industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

ING

1.42

Banks Industry

Max: 2.38
Q3: 1.58
Median: 1.20
Q1: 0.95
Min: 0.10

ING’s P/B Ratio of 1.42 is within the conventional range for the Banks industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

DB vs. ING: A comparison of their Price-to-Book Ratio (MRQ) against their respective Capital Markets and Banks industry benchmarks.

Valuation at a Glance

Symbol	DB	ING
Price-to-Earnings Ratio (TTM)	7.36	7.11
Price-to-Sales Ratio (TTM)	0.79	1.96
Price-to-Book Ratio (MRQ)	0.79	1.42
Price-to-Free Cash Flow Ratio (TTM)	1.09	6.57