BK vs. STT, NTRS, DB, BNS, FITB, FCNCA, MTB, CFG, ALLY, and MFC
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), First Citizens BancShares (FCNCA), M&T Bank (MTB), Citizens Financial Group (CFG), Ally Financial (ALLY), and Manulife Financial (MFC). 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 better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, community ranking, risk, media sentiment, profitability and institutional ownership.
In the previous week, State Street had 9 more articles in the media than Bank of New York Mellon. MarketBeat recorded 18 mentions for State Street and 9 mentions for Bank of New York Mellon. State Street's average media sentiment score of 1.09 beat Bank of New York Mellon's score of 0.60 indicating that Bank of New York Mellon is being referred to more favorably in the news media.
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 company insiders. Comparatively, 0.1% of Bank of New York Mellon shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
State Street has a beta of 1.52, suggesting that its share price is 52% more volatile than the S&P 500. Comparatively, Bank of New York Mellon has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500.
State Street pays an annual dividend of $2.76 per share and has a dividend yield of 3.7%. 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 presently has a consensus price target of $84.04, suggesting a potential upside of 11.58%. Bank of New York Mellon has a consensus price target of $60.17, suggesting a potential upside of 4.62%. Given Bank of New York Mellon's higher probable upside, equities analysts plainly believe State Street is more favorable than Bank of New York Mellon.
Bank of New York Mellon has higher revenue and earnings than State Street. Bank of New York Mellon is trading at a lower price-to-earnings ratio than State Street, indicating that it is currently the more affordable of the two stocks.
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.
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.
Summary
State Street and Bank of New York Mellon tied by winning 10 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.
Skip ChartThis 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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