ING (ING Groep NV) Moat Score: 6/10 (As of Jun. 26, 2026)


ING ING Groep NV ING
70 GF Score
Price $31.02
GF Value $22.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is ING Groep NV Moat Score?

ING Groep NV ING -0.10% 70 Moat Score is 6 as of Jun. 26, 2026. GuruFocus rates ING with a GF Score™ of 70/100 and a GF Value™ of $22.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,610 Banks companies, ING Groep NV ranks better than 97.76% on this metric.

ING Groep NV has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

ING Groep NV has Narrow Moat: ING Groep NV benefits from a strong brand and significant customer loyalty in the banking sector. It has a durable cost advantage through economies of scale and a robust distribution network. However, the competitive nature of the financial services industry limits its pricing power and regulatory barriers are not exclusive.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes ING Groep NV might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

ING Groep NV  (NYSE:ING) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

ING Groep NV Moat Score Related Terms

ING vs JPM, BAC, WFC: Moat Score Comparison

For the Banks - Diversified subindustry, ING Groep NV's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ING Groep NV Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, ING Groep NV's Moat Score distribution charts can be found below:

* The bar in red indicates where ING Groep NV's Moat Score falls into.


ING
70GF Score
ING Groep NV ING
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
ING Groep NV (ING) has a Moat Score of 6 as of Jun. 26, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, ING Groep NV ranks #36 out of 1610 companies in the Banks industry, placing it in the top 2.2%.
Is ING Groep NV's Moat Score too high?
ING Groep NV's current Moat Score is 6. Based on the distribution chart, ING Groep NV ranks #36 out of 1610 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, ING Groep NV has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ING Groep NV's Moat Score compare to JPM and BAC?
According to the Banks industry distribution chart, ING Groep NV ranks #36 out of 1610 companies for Moat Score. This places ING Groep NV in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. ING Groep NV's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ING Groep NV stock overvalued right now?
Based on GuruFocus' analysis, ING Groep NV (ING) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.30, compared to a current price of $31.02 — trading 39.1% above its estimated fair value. The current Moat Score is 6. ING Groep NV's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For ING Groep NV (ING), the current Moat Score is 6 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ING Groep NV (ING) Overvalued in 2026?

Based on GuruFocus' analysis, ING Groep NV stock appears to be overvalued. The current stock price of $31.02 is trading 39.1% above its estimated GF Value™ of $22.30. GuruFocus considers ING Groep NV to be Significantly Overvalued.

Key valuation signals for ING:

  • Moat Score: 6
  • GF Value™: $22.30 vs. price of $31.02 (39.1% above fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the ING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ING Groep NV Business Description

Address Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions, ING has built up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
70GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.02
Price
$22.30
GF Value