DB vs ING
Deutsche Bank Aktiengesellschaft and ING Groep NV, side by side — 10 fiscal years reported in EUR, drawn from SEC filings.
Most recent reported year
| Metric | DB | ING |
|---|---|---|
| Revenue | €31.4B | €25.7B |
| Net income | · | €8.3B |
| Gross margin | · | · |
| Net margin | · | 33.5% |
| Return on equity | · | 15.6% |
| Diluted EPS | · | €2.78 |
| Dividend / share | · | €1.09 |
| Payout ratio | · | 38.0% |
| Free cash flow | · | €-6.7B |
| Equity | · | €54.1B |
| Net debt / equity | · | · |
| Current ratio | · | · |
| Revenue CAGR 5y | 5.5% | 8.3% |
| Profit CAGR 5y | · | 29.9% |
DB bills 1.2× the revenue of ING.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | DB | ING |
|---|---|---|
| FY2025 | €31.4B | €25.7B |
| FY2024 | €31.5B | €21.1B |
| FY2023 | €31.2B | €18.1B |
| FY2022 | €27.1B | €30.4B |
| FY2021 | €25.5B | €20.1B |
| FY2020 | €24.0B | €17.2B |
| FY2019 | €23.2B | €17.1B |
| FY2018 | €25.3B | €18.3B |
| FY2017 | €26.4B | €18.6B |
| FY2016 | €30.0B | €17.9B |
Bottom line
| Fiscal year | DB | ING |
|---|---|---|
| FY2025 | · | €8.3B |
| FY2024 | · | €5.3B |
| FY2023 | €6.3B | €4.1B |
| FY2022 | €5.4B | €12.1B |
| FY2021 | €2.5B | €6.0B |
| FY2020 | €483.0M | €2.2B |
| FY2019 | €-5.4B | €3.9B |
| FY2018 | €267.0M | €4.8B |
| FY2017 | €-751.0M | €5.5B |
| FY2016 | €-1.4B | €5.0B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +€5,756,000,000 | DB |
| FY2024 | +€10,417,000,000 | DB |
| FY2023 | +€13,034,000,000 | DB |
| FY2022 | −€3,355,000,000 | ING |
| FY2021 | +€5,445,000,000 | DB |
| FY2020 | +€6,784,000,000 | DB |
| FY2019 | +€6,040,000,000 | DB |
| FY2018 | +€6,992,000,000 | DB |
| FY2017 | +€7,857,000,000 | DB |
| FY2016 | +€12,112,000,000 | DB |
| FY2015 | +€15,518,000,000 | DB |
The higher-revenue side has changed between DB and ING over this period. The gap has narrowed since the earliest year compared.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2023 | −3.4 pp | ING |
| FY2022 | −19.3 pp | ING |
| FY2021 | −19.5 pp | ING |
| FY2020 | −10.5 pp | ING |
| FY2019 | −55.7 pp | ING |
| FY2018 | −36.8 pp | ING |
| FY2017 | −46.3 pp | ING |
| FY2016 | −42.2 pp | ING |
| FY2015 | −49.8 pp | ING |
ING has kept the higher net margin in every one of these 9 fiscal years.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DB's net margin has been more volatile than ING's over the 9 comparable fiscal years — 14.6 percentage points of standard deviation against 8.8.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
ING led in net margin in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DB's return on equity has been more volatile than ING's over the 9 comparable fiscal years — 6.5 percentage points of standard deviation against 4.7.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between DB and ING over these 9 fiscal years — DB led in 1 and ING in 8.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.