FHN vs. ING: First Horizon vs. ING Groep Stock Comparison
How do First Horizon (FHN) and ING Groep (ING) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
First Horizon (FHN) and ING Groep (ING) both belong to the Banks industry, though FHN is classified under Regional Banks while ING falls under Diversified Banks.
First Horizon (FHN) trades as ordinary local shares, while ING Groep (ING) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | FHN | ING |
|---|---|---|
| Name | First Horizon Corporation | ING Groep N.V. Sponsored ADR |
| Country/Region | United States | Netherlands |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Regional Banks | Diversified Banks |
| Market Capitalization | 10.85 billion USD | 90.37 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | May 18, 1994 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FHN | ING |
|---|---|---|
| Total Return (1Y) | 12.96% | 34.23% |
| Total Return (3Y, Annualized) | 32.94% | 44.65% |
| Total Return (5Y, Annualized) | 10.16% | 24.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FHN | ING |
|---|---|---|
| Volatility (1Y, Annualized) | 22.55% | 28.52% |
| Beta (5Y) | 0.61 | 0.85 |
| Max Drawdown (5Y) | -60.76% | -43.39% |
| Avg. Volume (3M) | 5.55M | 2.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FHN | ING |
|---|---|---|
| Sharpe Ratio (1Y) | 0.38 | 1.05 |
| Sortino Ratio (1Y) | 0.56 | 1.67 |
Profitability
ROE (TTM)
ING Groep (ING) at 17.76% sits in the top ROE quartile, while First Horizon (FHN) at 7.92% is in the bottom quartile, showing a clear gap in returns on equity.
FHN
Banks industry group
7.92%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- FHN
- 7.92%
- Min
- 3.64%
ING
Banks industry group
17.76%
- Max
- 19.84%
- ING
- 17.76%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
ING Groep (ING) at 34.40% keeps about the industry-typical share of revenue as profit, while First Horizon (FHN) at 23.43% retains only a bottom-quartile share.
FHN
Banks industry group
23.43%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- FHN
- 23.43%
- Min
- 14.93%
ING
Banks industry group
34.40%
- Max
- 47.19%
- Q3
- 35.25%
- ING
- 34.40%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for First Horizon (FHN) in Banks and ING Groep (ING) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | FHN | ING |
|---|---|---|
| ROE (TTM) | 7.92% | 17.76% |
| ROA (TTM) | 0.87% | 0.79% |
| Net Margin (TTM) | 23.43% | 34.40% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
First Horizon (FHN) at 7.33% is around its peer norm for revenue growth, while ING Groep (ING) at 1.55% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
First Horizon (FHN) at 37.50% sits in the top EPS growth quartile, while ING Groep (ING) at 7.07% is closer to the peer norm — faster per-share earnings growth for FHN.
Growth Metrics
| Metric | FHN | ING |
|---|---|---|
| Revenue Growth (YoY) | 7.33% | 1.55% |
| Revenue Growth (3Y CAGR) | 2.12% | 6.63% |
| EPS Growth (YoY) | 37.50% | 7.07% |
| EPS Growth (3Y CAGR) | 6.92% | 28.04% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: First Horizon (FHN) in Banks and ING Groep (ING) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: First Horizon (FHN) in Banks and ING Groep (ING) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | FHN | ING |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
ING Groep (ING) at 4.55% delivers top-quartile income for its industry, while First Horizon (FHN) at 2.85% pays a more typical yield — both are credible income propositions, ING the richer one.
FHN
Banks industry group
2.85%
- Max
- 5.79%
- Q3
- 3.18%
- FHN
- 2.85%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
ING
Banks industry group
4.55%
- Max
- 5.79%
- ING
- 4.55%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both First Horizon (FHN) at 47.48% and ING Groep (ING) at 48.14% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
FHN
Banks industry group
47.48%
- Max
- 70.75%
- FHN
- 47.48%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
ING
Banks industry group
48.14%
- Max
- 70.75%
- ING
- 48.14%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | FHN | ING |
|---|---|---|
| Dividend Yield (TTM) | 2.85% | 4.55% |
| Dividend Payout Ratio (TTM) | 47.48% | 48.14% |
Valuation
P/E Ratio (TTM)
ING Groep (ING) at 11.70 is near its industry’s usual P/E ratio, while First Horizon (FHN) at 16.58 sits in the richer quartile — FHN needs stronger growth or earnings quality to justify the premium.
FHN
Banks industry group
16.58
- Max
- 18.16
- FHN
- 16.58
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
ING
Banks industry group
11.70
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- ING
- 11.70
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both First Horizon (FHN) in Banks and ING Groep (ING) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
First Horizon (FHN) at 1.34 is valued about in line with its industry on P/B ratio, while ING Groep (ING) at 1.61 carries an above-peer premium to book — ING is pricier on assets.
FHN
Banks industry group
1.34
- Max
- 2.28
- Q3
- 1.58
- FHN
- 1.34
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
ING
Banks industry group
1.61
- Max
- 2.28
- ING
- 1.61
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | FHN | ING |
|---|---|---|
| P/E Ratio (TTM) | 16.58 | 11.70 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.34 | 1.61 |
| Free Cash Flow Yield (TTM) | -- | -- |