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Stock Comparison · Industry comparison · Banks - Diversified

ING Groep N.V. vs Svenska Handelsbanken AB (publ): Which Stock Looks Stronger in 2026?

Structurally, ING Groep and Svenska Handelsbanken AB (publ) are closely matched — neither holds a meaningful edge overall. Svenska Handelsbanken AB (publ) still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

Growth points more clearly toward ING Groep N.V., while the broader score stays level overall.

INDUSTRY COMPARISON

Both operate in: Banks - Diversified

This comparison is based on industry proximity, not on functional trajectory similarity. INGA.AS and SHB-A.ST share the same industry classification.

For a similarity-based comparison, see how ING Groep and SHB-A.ST each position within their functional peer groups in AssetNext.

Peer-Relative Score
INGA.AS
ING Groep N.V.
53
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SHB-A.ST
Svenska Handelsbanken AB (publ)
53
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in growth.

Dimension spread: INGA.AS vs SHB-A.ST Profitability 31 36 Stability 34 73 Valuation 80 83 Growth 65 15 INGA.AS SHB-A.ST
Gap Ranking
#1 Growth +50
#2 Stability +39
#3 Profitability +5
#4 Valuation +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for INGA.AS and SHB-A.ST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer INGA.ASSHB-A.ST Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where INGA.AS and SHB-A.ST each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY INGA.AS Elevated · above norm 0th 50th 100th 0 pct gap SHB-A.ST Elevated · above norm 0th 50th 100th 99th 99th
INGA.AS (99th percentile) and SHB-A.ST (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
On growth, ING Groep N.V. ranks near the top of the group; Svenska Handelsbanken AB (publ) sits in the weaker half.
Stability
On stability, the gap still runs the same way: Svenska Handelsbanken AB (publ) sits near the top of the group, while ING Groep N.V. remains in the weaker half.
Growth — Dominant Gap
INGA.AS
65
SHB-A.ST
15
Gap+50in favour of INGA.AS

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

There is still a strong counterforce in stability, so the lead stays clear without becoming a sweep.

What this means for the comparison

Growth provides the clearer read here, while the broader score remains level.

Explore full peer positioning in AssetNext

Break down the INGA.AS vs SHB-A.ST comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how INGA.AS and SHB-A.ST each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.