ING vs. MFG: ING Groep vs. Mizuho Financial Stock Comparison

Company Profile

ING Groep (ING) and Mizuho Financial (MFG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both ING Groep (ING) and Mizuho Financial (MFG) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

ING Groep (ING) at 17.76% sits in the top ROE quartile, while Mizuho Financial (MFG) at 12.49% is closer to the peer norm — stronger capital efficiency for ING.

Both ING Groep (ING) at 34.40% and Mizuho Financial (MFG) at 29.14% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Neither side reports a meaningful operating margin: for ING Groep (ING) in Banks and Mizuho Financial (MFG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Mizuho Financial (MFG) at 15.82% 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.

Mizuho Financial (MFG) at 43.61% 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 MFG.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: ING Groep (ING) in Banks and Mizuho Financial (MFG) 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-to-equity ratio is set aside for both: ING Groep (ING) in Banks and Mizuho Financial (MFG) 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

Dividends

ING Groep (ING) at 4.55% earns its spot in the top quartile of its industry’s yields; Mizuho Financial (MFG) at 1,544.20% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

Mizuho Financial (MFG) at 24.88% pays out a band-typical share of earnings, while ING Groep (ING) at 48.14% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

Both ING Groep (ING) at 11.70 and Mizuho Financial (MFG) at 12.88 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

P/S ratio is set aside for both ING Groep (ING) in Banks and Mizuho Financial (MFG) 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.

Mizuho Financial (MFG) at 1.57 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.

Valuation Metrics