ING Groep NV vs Simon Property Group Inc — how do they compare? ING Groep NV trades at $32.22 (market cap $92.65B), while Simon Property Group Inc trades at $227 (market cap $74.00B). The key difference: ING Groep NV is the larger of the two by market cap, and ING Groep NV pays the higher dividend (3.93%). Which is the better fit depends on your goals.
| ING | SPG | |
|---|---|---|
Market Cap | $92.65B | $74.00B |
Sector | Financials | Real Estate |
52-Week High | $33.31 | $228.70 |
52-Week Low | $22.71 | $160.68 |
Dividend Yield | 3.93% | 3.86% |
Enterprise Value | — | $102.48B |
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 →Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →