ING vs RY vs JPM Stock Comparison

Ing Groep, Royal Bank Of Canada and Jpmorgan Chase Prices as of Oct 26, 2026 Peers: Industry group
ING Ing Groep Nv
$32.33 -11.5% 1M +34.9% 1Y
Market cap
$97.36B
P/E
–
Revenue (TTM)
—
Div. yield
–
Money Center Banks Financial Services
2 wins
RY Royal Bank Of Canada
$202.60 +0.3% 1M +37.1% 1Y
Market cap
$286.28B
P/E
17.4x
Revenue (TTM)
$51.37B
Div. yield
–
Money Center Banks Financial Services
3 wins
JPM Jpmorgan Chase & Co
$334.14 -2.6% 1M +11.2% 1Y
Market cap
$903.40B
P/E
13.9x
Revenue (TTM)
$203.15B
Div. yield
–
Money Center Banks Financial Services
3 wins

Head to Head

8 decided of 12

Jpmorgan Chase leads on 3 of the 12 questions below (Jpmorgan Chase 3, Royal Bank Of Canada 3, Ing Groep 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionINGRYJPMLeader
Larger companyMarket capitalisation $97.36B $286.28B $903.40B JPM
Cheaper on earningsLower P/E, profitable companies only — 17.4x 13.9x JPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.1x 16.5x 13.8x ING
Faster revenue growthRevenue growth, trailing twelve months — +11.2% +13.2% JPM
More profitableNet margin, trailing twelve months — 31.9% — –
Better return on capitalReturn on invested capital — 49.3% — –
Less leveragedLower net debt / EBITDA — -3.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +34.9% +37.1% +11.2% RY
Better 5-year returnAnnualised price return, 5 years +16.4%/yr +13.9%/yr +14.8%/yr ING
Less volatileAnnualised volatility, 1 year 27.8% 16.5% 22.1% RY
Higher overall scoreMean of the five percentile scores vs peers — 77/100 34/100 RY

Percentile Scorecard

INGRYJPM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisINGRYJPM
Valuation – 62 #137 of 362 8 #333 of 362
Growth – 68 #72 of 221 72 #62 of 221
Profitability – 96 #9 of 200 –
Financial Health 22 #159 of 203 65 #72 of 203 –
Shareholder Returns 93 #24 of 342 94 #21 of 342 21 #271 of 342
Overall – 77 34
  • ING ranked among 370 companies in Banking
  • RY ranked among 370 companies in Banking
  • JPM ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodINGRYJPMSPY
1 month -11.5%+0.3%-2.6% -0.8%
3 months -3.5%-3.3%-6.2% +3.5%
6 months +15.2%+14.7%+7.2% +7.0%
Year to date +15.5%+18.8%+3.7% +12.2%
1 year +34.9%+37.1%+11.2% +13.0%
3 years +156.0%+159.1%+146.3% +86.3%
3 years, per year +36.8%+37.4%+35.1% +23.1%
5 years +113.3%+91.2%+99.1% +68.6%
5 years, per year +16.4%+13.9%+14.8% +11.0%
10 years +148.9%+224.1%+383.4% +258.0%
10 years, per year +9.5%+12.5%+17.1% +13.6%

Risk

MeasureINGRYJPMSPY
Volatility, 1Y 27.8%16.5%22.1% 12.7%
Downside volatility, 1Y 26.7%15.8%23.8% 12.7%
Beta vs S&P 500, 1Y 1.350.700.73 1.00
Return / volatility, 1Y 1.252.240.51 1.02
Max drawdown, 5Y -47.4%-34.2%-40.2% -25.4%
From 52-week high -13.2%-7.0%-8.5% -1.8%
52-week high $37.26$217.87$365.23 $779.14
52-week low $24.17$145.41$282.84 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleINGRYJPM
P/E now vs peer median —median 12.1x 17.4xmedian 12.1x 13.9xmedian 12.1x
P/S now vs peer median —median 3.4x 5.5xmedian 3.4x 4.4xmedian 3.4x
EV/EBITDA now vs peer median —median 5.0x 0.9xmedian 5.0x —median 5.0x
P/FCF now vs peer median —median 11.0x 4.9xmedian 11.0x -5.5xmedian 11.0x
P/B now vs peer median 1.5xmedian 1.2x 2.7xmedian 1.2x 2.4xmedian 1.2x
PEG now vs peer median —median 1.36 1.21median 1.36 1.10median 1.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsINGRYJPM
Revenue – $51.37B $203.15B
Net income – $16.43B –
Free cash flow – $57.35B –
EPS (diluted) – $11.62 $24.09
Cash & equivalents $74.19B $45.78B –
Total debt $21.78B $9.69B –
Shares (diluted) 2.99B 1.41B 2.69B
Enterprise value -$446.09B -$543.76B $903.40B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricINGRYJPM
P/E – 17.4x 13.9x
P/FCF – 4.9x -5.5x
P/Operating cash flow – 4.9x –
P/S – 5.5x 4.4x
P/B 1.5x 2.7x 2.4x
P/Tangible book 1.6x 2.9x 2.4x
EV/EBITDA – 0.9x –
EV/EBIT – 1.0x –
EV/Revenue – 1.3x 4.4x
EV/FCF – 1.2x –
EV/Operating cash flow – 1.2x –
PEG (3Y EPS CAGR) – 1.21 1.10

Growth

14 metrics
MetricINGRYJPM
Revenue growth (1Y) – 11.2% 13.2%
Revenue CAGR (3Y) – 10.3% 9.7%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) – 19.6% –
Net income CAGR (3Y) – 14.8% –
EPS growth (1Y) – 19.0% 17.7%
EPS CAGR (3Y) – 14.4% 12.6%
Operating cash flow growth (1Y) – -8.3% –
Operating cash flow CAGR (3Y) – 28.0% –
Free cash flow growth (1Y) – -8.3% –
Free cash flow CAGR (3Y) – 28.0% –

Profitability

14 metrics
MetricINGRYJPM
Gross margin – – –
EBITDA margin – 140.4% –
Operating margin – – –
Pretax margin – 40.9% –
Net margin – 31.9% –
FCF margin – 111.6% –
Operating cash flow margin – 111.6% –
Return on equity – 15.9% –
Return on assets – 0.9% –
Return on invested capital – 49.3% –
Return on capital employed – – –
Asset turnover – 0.0x 0.0x
Cash conversion (OCF / net income) – 3.5x –
Stock comp / revenue – – –

Financial Health

11 metrics
MetricINGRYJPM
Debt / assets 1.6% 0.5% –
Debt / equity 0.4x 0.1x –
Net debt / EBITDA – -3.0x –
Debt / FCF – 0.2x –
Liabilities / assets 95.3% 94.2% 92.7%
Equity / assets 4.7% 5.8% 7.3%
Interest coverage – 1.4x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricINGRYJPM
Dividend yield 4.7% 4.1% 1.8%
Net buyback yield – 3.1% –
Shareholder yield 4.7% 7.2% 1.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusINGRYJPM
Forward P/E 12.1xFY2026 16.5xFY2026 13.8xFY2026
EPS, next fiscal year $2.68FY2026 $12.27FY2026 $24.14FY2026
EPS growth, next FY +5.9%FY2026 +19.2%FY2026 +20.6%FY2026
EPS growth, the year after +18.3% +6.9% +2.7%
Revenue, next fiscal year $27.20BFY2026 $53.04BFY2026 $213.87BFY2026
Revenue growth, next FY -1.0%FY2026 +11.6%FY2026 +17.2%FY2026
Revenue growth, the year after +3.2% +0.5% -2.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersINGRYJPM
Held by institutions 4.5% 43.8% 73.0%
Institutions holding 589 984 5,081
Change in shares held, QoQ -19.0% +1.9% +1.1%
Institutions buying 319 446 2,486
Institutions selling 154 325 2,060
Buyers to sellers 2.07 1.37 1.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

INGRYJPM
ING 1.00 0.61 0.51
RY 0.61 1.00 0.53
JPM 0.51 0.53 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ING, RY and JPM?

Jpmorgan Chase (JPM) is the largest by market capitalisation: Ing Groep (ING) $97.36B, Royal Bank Of Canada (RY) $286.28B, Jpmorgan Chase (JPM) $903.40B.

Which stock is cheaper, ING, RY and JPM?

Jpmorgan Chase (JPM) trades on the lowest price-to-earnings ratio (Royal Bank Of Canada (RY) 17.4x, Jpmorgan Chase (JPM) 13.9x). On next year's consensus earnings, Ing Groep (ING) is cheapest (Ing Groep (ING) 12.1x, Royal Bank Of Canada (RY) 16.5x, Jpmorgan Chase (JPM) 13.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Jpmorgan Chase (JPM) grew revenue fastest over the trailing twelve months: Royal Bank Of Canada (RY) +11.2%, Jpmorgan Chase (JPM) +13.2%.

Which stock has performed better?

Over the past year Royal Bank Of Canada (RY) returned the most: Ing Groep (ING) +34.9%, Royal Bank Of Canada (RY) +37.1%, Jpmorgan Chase (JPM) +11.2%. Over five years, Ing Groep (ING) compounded fastest (Ing Groep (ING) +16.4%/yr, Royal Bank Of Canada (RY) +13.9%/yr, Jpmorgan Chase (JPM) +14.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Royal Bank Of Canada (RY) has been the steadiest (Ing Groep (ING) 27.8%, Royal Bank Of Canada (RY) 16.5%, Jpmorgan Chase (JPM) 22.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ING, RY and JPM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Jpmorgan Chase (JPM) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.