ING
ING Groep N.V.
There isn't enough reported data to score ING yet.
JPM
JPMorgan Chase & Co.
JPM's fundamentals are strong, but it looks expensive: trading at 14x earnings, above its usual 12x. Analysts expect earnings growth.
ING Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
ING's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like ING.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
ING PE Valuation
ING has no meaningful PE right now: it lost money over the past year.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.
ING Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ING, with profitability improving.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
ING Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $3.09 | +69% |
| Q4 2024 | $1.83 | +42% |
| Q4 2023 | $1.29 | -65% |
| Q4 2022 | $3.72 | +119% |
| Q2 2022 | $3.09 | +124% |
| Q4 2021 | $1.70 | +166% |
| Q2 2021 | $1.38 | +75% |
| Q4 2020 | $0.64 | -42% |
ING earned $3.09 per share over the past year, down 17% from the year before.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over ING in the latest year-over-year earnings comparison.
ING Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $14.5B | +61% |
| Q2 2025 | $13.6B | -3.9% |
| Q4 2024 | $9B | -55% |
| Q4 2023 | $20.1B | +48% |
| Q4 2022 | $13.6B | +27% |
| Q2 2022 | $20.1B | +82% |
| Q4 2021 | $10.7B | +13% |
| Q2 2021 | $11B | +14% |
ING's revenue has slid since its 2017 peak: $14.5B last quarter, down 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 102% | +1.6 points |
| Q2 2025 | 101% | -1.1 points |
| Q4 2024 | 102% | +3 points |
| Q2 2024 | 100% | -2.6 points |
| Q4 2023 | 100% | -2.3 points |
| Q4 2022 | 102% | +75 points |
| Q2 2022 | 99% | +86 points |
| Q4 2021 | 103% | +68 points |
ING's operating margin was 102% last quarter, up 1.6 points from the same quarter a year ago.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM has the edge over ING in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM's operating margin was 40% last quarter, about level with the same quarter a year ago.
ING Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$19B | +$12.8B |
| Q2 2025 | $11.5B | +79% |
| Q4 2024 | -$31.8B | -$19B |
| Q4 2023 | -$12.9B | +$24.9B |
| Q4 2022 | -$37.8B | -$24.6B |
| Q2 2022 | $25.2B | +$28.8B |
| Q4 2021 | -$13.2B | -150% |
| Q2 2021 | -$3.6B | -104% |
ING's free cash flow was −$32.9B over the past year, against −$38.6B the year before. Free cash flow isn't a meaningful measure for financial services companies like ING.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.
ING Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -52.2M shares |
| 1 year | -16% | -576M shares |
| 3 years | -23% | -905M shares |
ING has the edge over JPM on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q2 2025 | $71.1M |
| Q4 2024 | — |
| Q2 2024 | $47.8M |
| Q4 2023 | $4.4B |
| Q4 2022 | $1.3B |
| Q2 2022 | $422.1M |
| Q4 2016 | — |
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has 2.7B diluted shares, down 3.1% from a year ago, with $24.5B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
ING Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 4.4x | High |
| Q2 2025 | 4.1x | High |
| Q4 2024 | 4.2x | High |
| Q4 2023 | 2.5x | Moderate |
| Q4 2022 | 0.5x | Very low |
| Q2 2022 | -0.7x | Net Cash |
| Q4 2021 | 0.0x | Very low |
| Q2 2021 | 0.3x | Very low |
ING's net debt is about 4.4 years of its operating earnings (EBITDA), up from less than a year a year ago. Net leverage isn't a meaningful measure for financial services companies like ING.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
ING Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.4 | Neutral |
| Stochastic | 17.1 | Oversold |
ING's weekly RSI is 51 (neutral) and its Stochastic is 17 (oversold).
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
ING PE vs Financial Services Sector
| Metric | ING | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
ING has no meaningful PE right now: it lost money over the past year.
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
ING Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $33.3 | 0.8% below |
| 20 week MA | $34.2 | 3.3% below |
| 50 week MA | $30.8 | 7.3% above |
| 100 week MA | $26.0 | 27% above |
| 200 week MA | $20.5 | 61% above |
ING has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 61% above its 200-week average.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM has the edge over ING on trend strength, trading above more of its moving averages.
ING Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.0 | $9.54 | -21% |
| 2021 | $9.54 | $13.8 | +45% |
| 2022 | $13.8 | $12.3 | -11% |
| 2023 | $12.3 | $15.0 | +23% |
| 2024 | $15.0 | $15.6 | +4.1% |
| 2025 | $15.6 | $28.3 | +81% |
| 2026 YTD | $28.3 | $33.0 | +17% |
ING has the edge over JPM on returns for 2026, with the stronger performance.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.