ING vs. MTB: ING Groep vs. M&T Bank Stock Comparison

Company Profile

ING Groep (ING) and M&T Bank (MTB) both belong to the Banks industry, though ING is classified under Diversified Banks while MTB falls under Regional Banks.

M&T Bank (MTB) 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.

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 M&T Bank (MTB) at 10.60% is closer to the peer norm — stronger capital efficiency for ING.

Both ING Groep (ING) at 34.40% and M&T Bank (MTB) at 31.87% 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 M&T Bank (MTB) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both ING Groep (ING) at 1.55% and M&T Bank (MTB) at 4.34% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

Both ING Groep (ING) at 7.07% and M&T Bank (MTB) at 16.12% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: ING Groep (ING) in Banks and M&T Bank (MTB) 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 M&T Bank (MTB) 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% delivers top-quartile income for its industry, while M&T Bank (MTB) at 2.73% pays a more typical yield — both are credible income propositions, ING the richer one.

M&T Bank (MTB) at 31.35% 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 M&T Bank (MTB) at 11.38 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 M&T Bank (MTB) 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.

M&T Bank (MTB) at 1.24 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