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Bank of New York Mellon (BK) Competitors

$58.79
-0.69 (-1.16%)
(As of 04:29 PM ET)

BK vs. BLK, AMP, TROW, STT, NTRS, ARCC, BEN, SEIC, IVZ, and AMG

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 BlackRock (BLK), Ameriprise Financial (AMP), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ares Capital (ARCC), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), and Affiliated Managers Group (AMG). These companies are all part of the "asset management & custody banks" industry.

Bank of New York Mellon vs.

Bank of New York Mellon (NYSE:BK) and BlackRock (NYSE:BLK) are both large-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, profitability, analyst recommendations, community ranking, risk, dividends, earnings and valuation.

Bank of New York Mellon pays an annual dividend of $1.68 per share and has a dividend yield of 2.8%. BlackRock pays an annual dividend of $20.40 per share and has a dividend yield of 2.6%. Bank of New York Mellon pays out 41.0% of its earnings in the form of a dividend. BlackRock pays out 51.8% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

BlackRock has lower revenue, but higher earnings than Bank of New York Mellon. Bank of New York Mellon is trading at a lower price-to-earnings ratio than BlackRock, 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$33.81B1.32$3.29B$4.1014.51
BlackRock$17.86B6.65$5.50B$39.3520.30

Bank of New York Mellon currently has a consensus target price of $60.17, indicating a potential upside of 1.16%. BlackRock has a consensus target price of $845.42, indicating a potential upside of 5.82%. Given BlackRock's stronger consensus rating and higher probable upside, analysts clearly believe BlackRock 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
BlackRock
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.80

85.3% of Bank of New York Mellon shares are held by institutional investors. Comparatively, 80.7% of BlackRock shares are held by institutional investors. 0.1% of Bank of New York Mellon shares are held by company insiders. Comparatively, 0.9% of BlackRock shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

BlackRock has a net margin of 32.26% compared to Bank of New York Mellon's net margin of 9.48%. BlackRock's return on equity of 15.24% 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%
BlackRock 32.26%15.24%4.89%

Bank of New York Mellon has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500. Comparatively, BlackRock has a beta of 1.34, suggesting that its stock price is 34% more volatile than the S&P 500.

In the previous week, BlackRock had 8 more articles in the media than Bank of New York Mellon. MarketBeat recorded 15 mentions for BlackRock and 7 mentions for Bank of New York Mellon. Bank of New York Mellon's average media sentiment score of 1.22 beat BlackRock's score of 0.71 indicating that Bank of New York Mellon is being referred to more favorably in the 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
BlackRock
6 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

BlackRock received 214 more outperform votes than Bank of New York Mellon when rated by MarketBeat users. Likewise, 72.71% of users gave BlackRock an outperform vote while only 67.15% of users gave Bank of New York Mellon an outperform vote.

CompanyUnderperformOutperform
Bank of New York MellonOutperform Votes
881
67.15%
Underperform Votes
431
32.85%
BlackRockOutperform Votes
1095
72.71%
Underperform Votes
411
27.29%

Summary

BlackRock beats Bank of New York Mellon on 15 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$43.99B$2.47B$9.11B$17.88B
Dividend Yield2.86%4.45%10.57%3.62%
P/E Ratio14.5111.5255.7920.50
Price / Sales1.321.853,516.5814.42
Price / Cash7.498.2527.6019.16
Price / Book1.231.002.424.93
Net Income$3.29B$406.17M$1.00B$973.30M
7 Day Performance1.35%0.47%0.20%0.69%
1 Month Performance0.65%-2.25%-1.07%-1.94%
1 Year Performance38.83%18.27%18.56%10.44%

Bank of New York Mellon Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLK
BlackRock
4.0709 of 5 stars
$784.12
+0.4%
$845.42
+7.8%
+17.4%$116.52B$17.86B19.9319,800
AMP
Ameriprise Financial
4.9253 of 5 stars
$437.42
+1.1%
$450.88
+3.1%
+38.9%$43.44B$15.54B14.8913,800Positive News
TROW
T. Rowe Price Group
4.3687 of 5 stars
$117.57
+0.5%
$112.10
-4.7%
+11.8%$26.25B$6.46B13.967,906
STT
State Street
4.7499 of 5 stars
$72.37
+0.9%
$84.04
+16.1%
+2.6%$21.80B$18.37B13.5546,000Positive News
NTRS
Northern Trust
2.6692 of 5 stars
$82.90
+1.0%
$85.82
+3.5%
+17.2%$16.96B$6.68B18.3023,100Positive News
ARCC
Ares Capital
0.7076 of 5 stars
$20.59
-0.6%
$21.50
+4.4%
+14.7%$12.65B$2.61B7.05N/APositive News
BEN
Franklin Resources
4.8894 of 5 stars
$22.41
+1.1%
$26.00
+16.0%
-9.2%$11.79B$7.85B12.809,200Insider Buying
Positive News
SEIC
SEI Investments
4.2402 of 5 stars
$65.76
+1.6%
$71.00
+8.0%
+17.0%$8.64B$1.92B17.975,089Insider Selling
Positive News
IVZ
Invesco
4.7715 of 5 stars
$14.78
+1.3%
$16.79
+13.6%
-4.4%$6.65B$5.72B-19.718,500Positive News
AMG
Affiliated Managers Group
3.9611 of 5 stars
$153.14
+0.9%
$173.80
+13.5%
+11.7%$4.88B$2.06B8.504,000Positive News

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This page (NYSE:BK) was last updated on 6/25/2024 by MarketBeat.com Staff

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