Bank of New York Mellon (BK) Competitors

$57.71
+0.20 (+0.35%)
(As of 09:57 AM ET)

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.

Bank of New York Mellon vs.

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
State Street
7 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of New York Mellon
5 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
State Street
2 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.27
Bank of New York Mellon
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
State Street$18.37B1.24$1.94B$5.3414.10
Bank of New York Mellon$33.81B1.28$3.29B$4.1014.03

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.

CompanyUnderperformOutperform
State StreetOutperform Votes
661
56.50%
Underperform Votes
509
43.50%
Bank of New York MellonOutperform Votes
881
67.15%
Underperform Votes
431
32.85%

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.

Company Net Margins Return on Equity Return on Assets
State Street9.62% 12.03% 0.87%
Bank of New York Mellon 9.48%11.80%1.02%

Summary

State Street and Bank of New York Mellon tied by winning 10 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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BK vs. The Competition

MetricBank of New York MellonState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$43.30B$2.28B$9.22B$17.72B
Dividend Yield2.95%4.24%10.35%3.52%
P/E Ratio14.0312.2054.6824.79
Price / Sales1.282.243,383.3210.74
Price / Cash7.268.5827.4615.59
Price / Book1.191.032.475.10
Net Income$3.29B$403.09M$1.00B$967.52M
7 Day Performance1.86%2.40%1.69%2.85%
1 Month Performance0.82%1.51%-0.28%-1.12%
1 Year Performance38.58%23.45%15.84%105.29%

Bank of New York Mellon Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STT
State Street
4.817 of 5 stars
$75.35
+0.3%
$84.04
+11.5%
+9.0%$22.70B$18.37B14.1146,000Analyst Revision
NTRS
Northern Trust
3.2361 of 5 stars
$84.66
-0.4%
$84.92
+0.3%
+17.3%$17.32B$12.12B18.6923,100
DB
Deutsche Bank Aktiengesellschaft
3.9161 of 5 stars
$17.29
+2.3%
N/A+62.1%$35.73B$57.66B7.5590,130Gap Up
BNS
Bank of Nova Scotia
3.3064 of 5 stars
$47.13
-0.6%
$68.00
+44.3%
-5.0%$57.60B$52.53B10.4389,483Positive News
FITB
Fifth Third Bancorp
4.8657 of 5 stars
$38.03
+0.1%
$36.50
-4.0%
+57.6%$25.90B$12.64B12.0718,724News Coverage
FCNCA
First Citizens BancShares
4.6192 of 5 stars
$1,712.33
-0.8%
$1,829.90
+6.9%
+58.9%$24.86B$12.09B9.5116,021Insider Selling
MTB
M&T Bank
4.8608 of 5 stars
$148.31
-0.6%
$158.48
+6.9%
+30.2%$24.71B$12.75B10.0322,223Insider Selling
Analyst Revision
CFG
Citizens Financial Group
4.4684 of 5 stars
$35.57
-0.5%
$37.73
+6.1%
+39.6%$16.31B$12.19B12.8917,570
ALLY
Ally Financial
4.8928 of 5 stars
$39.40
-1.3%
$38.47
-2.4%
+57.6%$11.98B$8.21B16.0811,100
MFC
Manulife Financial
4.9019 of 5 stars
$24.24
-0.8%
$33.33
+37.5%
+22.5%$43.53B$36.10B12.5640,000Analyst Upgrade
News Coverage

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This page (NYSE:BK) was last updated on 5/9/2024 by MarketBeat.com Staff

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