BK vs. STT, NTRS, DB, BNS, FITB, FCNCA, MTB, ITUB, CFG, and ALLY
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), Itaú Unibanco (ITUB), Citizens Financial Group (CFG), and Ally Financial (ALLY). These companies are all part of the "state commercial banks" industry.
Bank of New York Mellon (NYSE:BK) and State Street (NYSE:STT) are both large-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, valuation, institutional ownership, risk, media sentiment, community ranking, earnings, dividends and profitability.
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.
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. Comparatively, State Street has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500.
85.3% of Bank of New York Mellon shares are held by institutional investors. Comparatively, 87.4% of State Street shares are held by institutional investors. 0.1% of Bank of New York Mellon shares are held by insiders. Comparatively, 0.3% of State Street shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
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 an annual dividend of $2.76 per share and has a dividend yield of 3.7%. Bank of New York Mellon pays out 41.0% of its earnings in the form of a dividend. State Street pays out 51.7% 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.
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.
Bank of New York Mellon currently has a consensus price target of $60.17, suggesting a potential upside of 2.38%. State Street has a consensus price target of $84.04, suggesting a potential upside of 10.97%. Given State Street's higher probable upside, analysts plainly believe State Street is more favorable than Bank of New York Mellon.
State Street has a net margin of 9.62% compared to Bank of New York Mellon's net margin of 9.48%. State Street's return on equity of 12.03% beat Bank of New York Mellon's return on equity.
In the previous week, Bank of New York Mellon had 1 more articles in the media than State Street. MarketBeat recorded 8 mentions for Bank of New York Mellon and 7 mentions for State Street. State Street's average media sentiment score of 1.07 beat Bank of New York Mellon's score of 0.85 indicating that State Street is being referred to more favorably in the news media.
Summary
Bank of New York Mellon beats State Street on 10 of the 19 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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