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Bank of New York Mellon (BK) Competitors

Bank of New York Mellon logo
$77.62 +1.21 (+1.58%)
(As of 12/20/2024 05:31 PM ET)

BK vs. BLK, AMP, STT, TROW, 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), State Street (STT), T. Rowe Price Group (TROW), 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.

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

BlackRock received 226 more outperform votes than Bank of New York Mellon when rated by MarketBeat users. Likewise, 72.51% of users gave BlackRock an outperform vote while only 66.69% of users gave Bank of New York Mellon an outperform vote.

CompanyUnderperformOutperform
BlackRockOutperform Votes
1121
72.51%
Underperform Votes
425
27.49%
Bank of New York MellonOutperform Votes
895
66.69%
Underperform Votes
447
33.31%

In the previous week, BlackRock had 31 more articles in the media than Bank of New York Mellon. MarketBeat recorded 38 mentions for BlackRock and 7 mentions for Bank of New York Mellon. BlackRock's average media sentiment score of 0.70 beat Bank of New York Mellon's score of 0.68 indicating that BlackRock is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BlackRock
15 Very Positive mention(s)
6 Positive mention(s)
12 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Positive
Bank of New York Mellon
1 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

80.7% of BlackRock shares are held by institutional investors. Comparatively, 85.3% of Bank of New York Mellon shares are held by institutional investors. 0.9% of BlackRock 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.

BlackRock presently has a consensus price target of $1,040.50, suggesting a potential upside of 1.15%. Bank of New York Mellon has a consensus price target of $81.00, suggesting a potential upside of 4.35%. Given Bank of New York Mellon's higher possible upside, analysts clearly believe Bank of New York Mellon is more favorable than BlackRock.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BlackRock
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83
Bank of New York Mellon
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69

BlackRock has higher revenue and 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
BlackRock$19.36B8.23$5.50B$40.5225.39
Bank of New York Mellon$17.72B3.19$3.29B$4.6016.87

BlackRock pays an annual dividend of $20.40 per share and has a dividend yield of 2.0%. Bank of New York Mellon pays an annual dividend of $1.88 per share and has a dividend yield of 2.4%. BlackRock pays out 50.3% of its earnings in the form of a dividend. Bank of New York Mellon pays out 40.9% 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. BlackRock has increased its dividend for 15 consecutive years and Bank of New York Mellon has increased its dividend for 14 consecutive years. Bank of New York Mellon is clearly the better dividend stock, given its higher yield and lower payout ratio.

BlackRock has a beta of 1.28, meaning that its stock price is 28% more volatile than the S&P 500. Comparatively, Bank of New York Mellon has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500.

BlackRock has a net margin of 31.37% compared to Bank of New York Mellon's net margin of 9.44%. BlackRock's return on equity of 15.52% beat Bank of New York Mellon's return on equity.

Company Net Margins Return on Equity Return on Assets
BlackRock31.37% 15.52% 4.98%
Bank of New York Mellon 9.44%12.06%1.05%

Summary

BlackRock beats Bank of New York Mellon on 17 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$56.44B$3.10B$11.22B$19.18B
Dividend Yield2.48%3.56%9.82%3.61%
P/E Ratio16.8716.5626.7141.30
Price / Sales3.193.2936.4317.58
Price / Cash10.1511.2818.5921.28
Price / Book1.611.262.755.32
Net Income$3.29B$406.76M$1.04B$989.88M
7 Day Performance-1.53%-4.75%-2.88%-3.54%
1 Month Performance-1.72%-4.99%-2.89%-3.68%
1 Year Performance50.98%14.26%11.55%12.14%

Bank of New York Mellon Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BK
Bank of New York Mellon
4.7859 of 5 stars
$77.62
+1.6%
$81.00
+4.4%
+52.5%$56.44B$17.72B16.8753,400Positive News
High Trading Volume
BLK
BlackRock
4.8716 of 5 stars
$1,066.01
+0.9%
$1,039.17
-2.5%
+30.3%$165.10B$19.36B26.0719,800Analyst Forecast
AMP
Ameriprise Financial
4.8413 of 5 stars
$550.48
+0.1%
$487.67
-11.4%
+42.8%$53.40B$16.76B21.1013,800
STT
State Street
4.7483 of 5 stars
$101.29
+0.8%
$97.32
-3.9%
+29.1%$29.69B$18.37B15.8746,000Dividend Announcement
Analyst Upgrade
Analyst Revision
News Coverage
TROW
T. Rowe Price Group
4.4798 of 5 stars
$119.66
+0.1%
$117.09
-2.1%
+9.6%$26.58B$6.46B13.087,906Analyst Upgrade
NTRS
Northern Trust
3.4529 of 5 stars
$105.66
+0.6%
$105.00
-0.6%
+23.3%$20.94B$7.88B13.0623,100Positive News
ARCC
Ares Capital
1.2555 of 5 stars
$21.57
-0.6%
$22.29
+3.3%
+9.4%$13.94B$1.76B8.342,550Positive News
BEN
Franklin Resources
4.4928 of 5 stars
$21.99
+0.1%
$20.66
-6.1%
-29.9%$11.52B$8.48B25.5510,200Analyst Forecast
Analyst Revision
SEIC
SEI Investments
4.605 of 5 stars
$86.03
+0.2%
$77.50
-9.9%
+30.1%$11.09B$2.05B20.735,089Analyst Forecast
Insider Trade
IVZ
Invesco
4.3946 of 5 stars
$18.19
+0.8%
$18.63
+2.4%
+1.5%$8.18B$5.89B-19.618,500Analyst Forecast
AMG
Affiliated Managers Group
4.3533 of 5 stars
$188.22
+0.9%
$196.50
+4.4%
+22.4%$5.69B$2.02B12.174,000Positive News

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This page (NYSE:BK) was last updated on 12/21/2024 by MarketBeat.com Staff
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