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Lloyds Banking Group vs ING Groep NV: LYG and ING compared
Lloyds Banking Group is the larger company: $10.6B of revenue in its latest quarter (H1 2026) against $11.7B for ING Groep NV (H1 2026). Lloyds Banking Group is growing faster (+13% against -6% a year earlier). ING Groep NV is more profitable, with an operating margin of 100.0% against 40.4%.
Where the money goes: LYG and ING
Lloyds Banking Group (LYG) · H1 2026
Lloyds Banking Group, H1 2026: revenue $10.6B (+13% year over year), operating margin 40.4%, net earnings $3.1B, operating cash flow $17.8B. The chart follows the revenue to costs, profit and cash.
ING Groep NV (ING) · H1 2026
ING Groep NV, H1 2026: revenue $11.7B (-6% year over year), operating margin 100.0%, net earnings $3.2B, operating cash flow $15.2B. The chart follows the revenue to costs, profit and cash.
| Lloyds Banking Group (LYG) | ING Groep NV (ING) | |
|---|---|---|
| Latest quarter | H1 2026 | H1 2026 |
| Revenue | $10.6B | $11.7B |
| Revenue growth, Y/Y | +13% | -6% |
| Operating margin | 40.4% | 100.0% |
| Net earnings | $3.1B | $3.2B |
| Net margin | 28.8% | 27.3% |
| Operating cash flow | $17.8B | $15.2B |
| Free cash flow | $15.2B | $14.9B |
Questions
Which is bigger, Lloyds Banking Group or ING Groep NV?
Lloyds Banking Group is the larger company: $10.6B of revenue in its latest quarter (H1 2026) against $11.7B for ING Groep NV (H1 2026).
Is Lloyds Banking Group or ING Groep NV growing faster?
Lloyds Banking Group is growing faster (+13% against -6% a year earlier).
Which is more profitable, Lloyds Banking Group or ING Groep NV?
ING Groep NV is more profitable, with an operating margin of 100.0% against 40.4%.
More: Lloyds Banking Group earnings · how Lloyds Banking Group makes money · ING Groep NV earnings · how ING Groep NV makes money
From the companies' latest 10-Q, 10-K or earnings release (6-K filed Jul 30, 2026; 6-K filed Jul 30, 2026). Fiscal quarters can end on different dates. Not investment advice.