BK vs. STT, NTRS, DB, BNS, FITB, MTB, FCNCA, CFG, ALLY, and DLR
Should you be buying Bank of New York Mellon stock or one of its competitors? The main competitors of Bank of New York Mellon include State Street (STT), Northern Trust (NTRS), Deutsche Bank Aktiengesellschaft (DB), Bank of Nova Scotia (BNS), Fifth Third Bancorp (FITB), M&T Bank (MTB), First Citizens BancShares (FCNCA), Citizens Financial Group (CFG), Ally Financial (ALLY), and Digital Realty Trust (DLR). These companies are all part of the "finance" sector.
State Street (NYSE:STT) and Bank of New York Mellon (NYSE:BK) are both large-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, community ranking, media sentiment, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.
Bank of New York Mellon received 220 more outperform votes than State Street when rated by MarketBeat users. Likewise, 67.15% of users gave Bank of New York Mellon an outperform vote while only 56.50% of users gave State Street an outperform vote.
87.4% of State Street shares are held by institutional investors. Comparatively, 85.3% of Bank of New York Mellon shares are held by institutional investors. 0.3% of State Street shares are held by insiders. Comparatively, 0.1% of Bank of New York Mellon shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
State Street presently has a consensus price target of $84.04, suggesting a potential upside of 14.51%. Bank of New York Mellon has a consensus price target of $60.17, suggesting a potential upside of 4.97%. Given Bank of New York Mellon's higher probable upside, analysts clearly believe State Street is more favorable than Bank of New York Mellon.
State Street pays an annual dividend of $2.76 per share and has a dividend yield of 3.8%. Bank of New York Mellon pays an annual dividend of $1.68 per share and has a dividend yield of 2.9%. State Street pays out 51.7% of its earnings in the form of a dividend. Bank of New York Mellon pays out 41.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. State Street has increased its dividend for 12 consecutive years and Bank of New York Mellon has increased its dividend for 13 consecutive years.
State Street has a net margin of 9.62% compared to State Street's net margin of 9.48%. Bank of New York Mellon's return on equity of 12.03% beat State Street's return on equity.
Bank of New York Mellon has higher revenue and earnings than State Street. State Street is trading at a lower price-to-earnings ratio than Bank of New York Mellon, indicating that it is currently the more affordable of the two stocks.
State Street has a beta of 1.52, meaning that its stock price is 52% more volatile than the S&P 500. Comparatively, Bank of New York Mellon has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500.
In the previous week, Bank of New York Mellon had 16 more articles in the media than State Street. MarketBeat recorded 26 mentions for Bank of New York Mellon and 10 mentions for State Street. Bank of New York Mellon's average media sentiment score of 1.03 beat State Street's score of 0.82 indicating that State Street is being referred to more favorably in the media.
Summary
Bank of New York Mellon beats State Street on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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