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Bank of New York Mellon (BK) Competitors

Bank of New York Mellon logo
$77.86 +0.25 (+0.32%)
(As of 11/20/2024 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 superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, media sentiment, dividends, valuation, earnings, profitability, community ranking and analyst recommendations.

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%

In the previous week, BlackRock had 41 more articles in the media than Bank of New York Mellon. MarketBeat recorded 68 mentions for BlackRock and 27 mentions for Bank of New York Mellon. Bank of New York Mellon's average media sentiment score of 1.21 beat BlackRock's score of 0.85 indicating that Bank of New York Mellon is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BlackRock
27 Very Positive mention(s)
10 Positive mention(s)
26 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of New York Mellon
18 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

BlackRock has higher earnings, but lower revenue 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$18.69B8.49$5.50B$40.5225.29
Bank of New York Mellon$33.81B1.67$3.29B$4.6016.93

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 received 227 more outperform votes than Bank of New York Mellon when rated by MarketBeat users. Likewise, 72.62% of users gave BlackRock an outperform vote while only 66.72% of users gave Bank of New York Mellon an outperform vote.

CompanyUnderperformOutperform
BlackRockOutperform Votes
1119
72.62%
Underperform Votes
422
27.38%
Bank of New York MellonOutperform Votes
892
66.72%
Underperform Votes
445
33.28%

BlackRock presently has a consensus target price of $1,019.62, suggesting a potential downside of 0.49%. Bank of New York Mellon has a consensus target price of $77.23, suggesting a potential downside of 0.81%. Given BlackRock's stronger consensus rating and higher probable upside, equities 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
BlackRock
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.85
Bank of New York Mellon
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.62

BlackRock has a beta of 1.3, suggesting that its stock price is 30% more volatile than the S&P 500. Comparatively, Bank of New York Mellon has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500.

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

Summary

BlackRock beats Bank of New York Mellon on 16 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$56.61B$3.16B$10.35B$19.85B
Dividend Yield2.40%3.51%10.18%3.52%
P/E Ratio16.9317.3749.6042.73
Price / Sales1.672.973,386.8319.27
Price / Cash9.9711.1530.6817.86
Price / Book1.621.322.895.52
Net Income$3.29B$405.80M$994.27M$986.45M
7 Day Performance0.36%-0.79%-0.05%0.45%
1 Month Performance2.57%8.53%7.13%1.05%
1 Year Performance65.91%35.96%24.11%24.67%

Bank of New York Mellon Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BK
Bank of New York Mellon
4.9335 of 5 stars
$77.86
+0.3%
$77.23
-0.8%
+65.2%$56.43B$33.81B16.9353,400Analyst Upgrade
Positive News
BLK
BlackRock
4.5687 of 5 stars
$1,024.67
-0.3%
$1,019.62
-0.5%
+42.1%$159.23B$17.86B25.2919,800Dividend Announcement
Analyst Forecast
News Coverage
AMP
Ameriprise Financial
4.9104 of 5 stars
$561.40
-0.2%
$487.67
-13.1%
+60.7%$54.58B$15.54B21.5513,800Analyst Revision
STT
State Street
4.7939 of 5 stars
$95.30
+0.6%
$92.11
-3.4%
+36.2%$27.76B$18.37B15.0646,000Analyst Downgrade
TROW
T. Rowe Price Group
4.7371 of 5 stars
$117.52
-0.4%
$115.55
-1.7%
+18.9%$26.20B$6.46B12.867,906Positive News
NTRS
Northern Trust
3.8522 of 5 stars
$107.88
+0.0%
$100.67
-6.7%
+42.2%$21.38B$12.12B13.4223,100Positive News
ARCC
Ares Capital
1.3512 of 5 stars
$21.79
-0.2%
$21.86
+0.3%
+10.4%$14.10B$2.61B8.382,550Options Volume
Positive News
BEN
Franklin Resources
4.6091 of 5 stars
$21.64
+0.7%
$20.20
-6.6%
-10.6%$11.25B$8.48B25.1610,200
SEIC
SEI Investments
4.591 of 5 stars
$79.91
+0.6%
$77.50
-3.0%
+37.1%$10.24B$1.92B19.305,089
IVZ
Invesco
4.3834 of 5 stars
$17.41
+0.8%
$18.63
+7.0%
+24.7%$7.76B$5.72B-18.928,500
AMG
Affiliated Managers Group
4.4719 of 5 stars
$185.38
+1.2%
$196.50
+6.0%
+38.0%$5.53B$2.06B12.094,000Positive News

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This page (NYSE:BK) was last updated on 11/21/2024 by MarketBeat.com Staff
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