ING Group N.V. (ING) vs NatWest Group (NWG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ING Group N.V. (ING) has outperformed NatWest Group (NWG) over the past year, gaining 38.6% versus a gain of 19.1%. Over five years, NWG leads with a +147.4% price change compared with +124.6% for ING. ING Group N.V. is the larger company by market cap ($94.68 billion vs $67.67 billion), about 1.4 times the size.
On valuation, NatWest Group trades at a lower forward P/E (7.9x vs 10.4x for ING Group N.V.). ING Group N.V. offers the higher dividend yield (3.41% vs 2.05%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ING | NWG |
|---|---|---|
| Share price | $33.28 | $17.08 |
| Market cap | $94.68B | $67.67B |
| 1-day change | -1.88% | -0.97% |
| YTD return | +21.14% | -1.43% |
| 1-year return | +38.56% | +19.13% |
| 5-year return | +124.64% | +147.42% |
| P/E ratio (TTM) | 12.46 | 8.54 |
| Forward P/E | 10.39 | 7.92 |
| EPS (TTM) | $2.67 | $2.00 |
| Dividend yield | 3.41% | 2.05% |
| Annual dividend | $1.14 | $0.35 |
| 52-week high | $37.52 | $19.42 |
| 52-week low | $23.64 | $13.76 |
| Distance from 52-week high | -11.30% | -12.04% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +6.67% | +28.26% |
| Average volume | 2.11M | 3.53M |
| Shares outstanding | 2.84B | 3.96B |
| Employees | 60,000 | 59,000 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ING has outperformed NWG by 19.4 percentage points over the past year.
- ING Group N.V. trades at a higher earnings multiple (12.5x vs 8.5x trailing P/E).
- ING Group N.V. offers a meaningfully higher dividend yield (3.41% vs 2.05%).
About ING Group N.V.
ING stock →ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.
Finance · Commercial Banks · 60,000 employees
About NatWest Group
NWG stock →NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments.
Finance · Commercial Banks · 59,000 employees
ING vs NWG FAQ
Which is bigger, ING Group N.V. or NatWest Group?
ING Group N.V. (ING) is larger, with a market capitalization of $94.68B compared with $67.67B for NatWest Group (NWG).
Which stock has performed better over the past year, ING or NWG?
ING returned +38.56% over the past 12 months, compared with +19.13% for NWG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ING or NWG?
NWG has the lower trailing P/E at 8.5, versus 12.5 for ING. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ING Group N.V. or NatWest Group?
ING Group N.V. has the higher yield at 3.41%, compared with 2.05% for NatWest Group.
Are ING Group N.V. and NatWest Group in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.