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Bank of New York Mellon (BK) Competitors

$58.34
-0.62 (-1.05%)
(As of 05/23/2024 ET)

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 vs.

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.

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

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of New York Mellon$33.81B1.30$3.29B$4.1014.31
State Street$18.37B1.24$1.94B$5.3414.12

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.

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

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.

Company Net Margins Return on Equity Return on Assets
Bank of New York Mellon9.48% 11.80% 1.02%
State Street 9.62%12.03%0.87%

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.

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

Summary

Bank of New York Mellon beats State Street on 10 of the 19 factors compared between the two stocks.

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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$43.87B$2.30B$9.15B$17.88B
Dividend Yield2.84%4.21%10.42%3.45%
P/E Ratio14.3112.0354.6322.78
Price / Sales1.301.933,551.4510.47
Price / Cash7.538.7028.3419.39
Price / Book1.211.023.155.94
Net Income$3.29B$408.43M$998.29M$976.39M
7 Day Performance-0.17%-0.89%0.14%-1.13%
1 Month Performance2.11%2.04%1.82%2.92%
1 Year Performance42.59%28.49%16.16%20.72%

Bank of New York Mellon Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STT
State Street
4.6986 of 5 stars
$77.08
-0.1%
$84.04
+9.0%
+11.6%$23.22B$18.37B14.4346,000Positive News
NTRS
Northern Trust
2.4182 of 5 stars
$84.60
+0.2%
$84.92
+0.4%
+14.9%$17.31B$12.12B18.6823,100Positive News
DB
Deutsche Bank Aktiengesellschaft
1.9479 of 5 stars
$16.89
-0.4%
N/A+56.6%$34.91B$31.33B7.3890,130Dividend Cut
Analyst Revision
BNS
Bank of Nova Scotia
3.3998 of 5 stars
$48.53
+1.0%
$68.00
+40.1%
-3.9%$59.67B$52.53B10.7489,483Upcoming Earnings
Analyst Revision
FITB
Fifth Third Bancorp
4.7468 of 5 stars
$38.04
+0.7%
$36.50
-4.0%
+47.7%$26.02B$8.42B12.0818,724Positive News
FCNCA
First Citizens BancShares
4.7492 of 5 stars
$1,777.41
+0.8%
$1,829.90
+3.0%
+36.2%$25.81B$12.09B9.8716,021Positive News
MTB
M&T Bank
4.941 of 5 stars
$153.47
+0.8%
$158.48
+3.3%
+24.1%$25.61B$12.75B10.3822,223Dividend Increase
ITUB
Itaú Unibanco
3.6776 of 5 stars
$6.44
-0.9%
$7.05
+9.5%
+19.5%$63.70B$148.38B8.7095,702
CFG
Citizens Financial Group
4.319 of 5 stars
$36.57
+0.2%
$37.73
+3.2%
+32.1%$16.64B$12.19B13.2517,570
ALLY
Ally Financial
4.8838 of 5 stars
$39.36
-0.2%
$38.47
-2.3%
+45.5%$11.96B$8.21B16.0711,100

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This page (NYSE:BK) was last updated on 5/23/2024 by MarketBeat.com Staff

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