ING Groep NV vs NIO Inc. — how do they compare? ING Groep NV trades at $32.22 (market cap $92.65B), while NIO Inc. trades at $4.81 (market cap $12.55B). The key difference: ING Groep NV is far larger — about 7.4× NIO Inc.'s market cap, and ING Groep NV pays a 3.93% dividend while NIO Inc. pays none. Which is the better fit depends on your goals.
| ING | NIO | |
|---|---|---|
Market Cap | $92.65B | $12.55B |
Sector | Financials | Consumer Cyclical |
52-Week High | $33.31 | $7.89 |
52-Week Low | $22.71 | $4.44 |
Dividend Yield | 3.93% | — |
Enterprise Value | — | $11.78B |
Trailing returns across standard periods
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build 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.
Read more on ING →NIO Inc. manufactures and sells automobiles. The Company offers electric vehicles and parts, as well as provides battery charging services. NIO serves customers worldwide.
Read more on NIO →