BK vs. STT, NTRS, DB, BNS, FITB, MTB, FCNCA, CFG, ALLY, and ARES
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 Ares Management (ARES). These companies are all part of the "finance" sector.
Bank of New York Mellon (NYSE:BK) and State Street (NYSE:STT) are both large-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, earnings, dividends, profitability, risk, valuation, analyst recommendations and community ranking.
Bank of New York Mellon received 220 more outperform votes than State Street when rated by MarketBeat users. Likewise, 67.20% of users gave Bank of New York Mellon an outperform vote while only 56.50% of users gave State Street an outperform vote.
85.3% of Bank of New York Mellon shares are owned by institutional investors. Comparatively, 87.4% of State Street shares are owned by institutional investors. 0.1% of Bank of New York Mellon shares are owned by company insiders. Comparatively, 0.3% of State Street shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Bank of New York Mellon presently has a consensus price target of $60.06, suggesting a potential upside of 6.99%. State Street has a consensus price target of $84.04, suggesting a potential upside of 14.07%. Given State Street's higher possible upside, analysts clearly 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 pays an annual dividend of $1.68 per share and has a dividend yield of 3.0%. 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 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.
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.
Bank of New York Mellon has a beta of 1.12, suggesting that its stock price is 12% more volatile than the S&P 500. Comparatively, State Street has a beta of 1.52, suggesting that its stock price is 52% more volatile than the S&P 500.
In the previous week, Bank of New York Mellon had 6 more articles in the media than State Street. MarketBeat recorded 46 mentions for Bank of New York Mellon and 40 mentions for State Street. State Street's average media sentiment score of 0.74 beat Bank of New York Mellon's score of 0.72 indicating that State Street is being referred to more favorably in the news media.
Summary
State Street beats Bank of New York Mellon 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.
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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