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State Street (STT) Competitors

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$101.61 -0.62 (-0.61%)
Closing price 01/31/2025 03:59 PM Eastern
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$101.62 +0.01 (+0.01%)
As of 01/31/2025 06:36 PM Eastern
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STT vs. BK, AMP, TROW, NTRS, ARCC, SEIC, BEN, IVZ, AMG, and MAIN

Should you be buying State Street stock or one of its competitors? The main competitors of State Street include Bank of New York Mellon (BK), Ameriprise Financial (AMP), T. Rowe Price Group (TROW), Northern Trust (NTRS), Ares Capital (ARCC), SEI Investments (SEIC), Franklin Resources (BEN), Invesco (IVZ), Affiliated Managers Group (AMG), and Main Street Capital (MAIN). These companies are all part of the "asset management & custody banks" industry.

State Street vs.

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

State Street has a net margin of 12.14% compared to Bank of New York Mellon's net margin of 11.35%. Bank of New York Mellon's return on equity of 12.68% beat State Street's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of New York Mellon11.35% 12.68% 1.10%
State Street 12.14%12.60%0.83%

Bank of New York Mellon pays an annual dividend of $1.88 per share and has a dividend yield of 2.2%. State Street pays an annual dividend of $3.04 per share and has a dividend yield of 3.0%. Bank of New York Mellon pays out 32.4% of its earnings in the form of a dividend. State Street pays out 36.9% 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. State Street has increased its dividend for 15 consecutive years. State Street is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Bank of New York Mellon currently has a consensus price target of $88.00, indicating a potential upside of 2.32%. State Street has a consensus price target of $100.73, indicating a potential downside of 0.86%. Given Bank of New York Mellon's stronger consensus rating and higher possible upside, research analysts clearly believe Bank of New York Mellon is more favorable than State Street.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of New York Mellon
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.67
State Street
1 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Bank of New York Mellon and Bank of New York Mellon both had 28 articles in the media. Bank of New York Mellon's average media sentiment score of 1.28 beat State Street's score of 0.98 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
20 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
State Street
12 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 company insiders. Comparatively, 0.3% of State Street shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Bank of New York Mellon received 225 more outperform votes than State Street when rated by MarketBeat users. Likewise, 66.69% of users gave Bank of New York Mellon an outperform vote while only 56.01% of users gave State Street an outperform vote.

CompanyUnderperformOutperform
Bank of New York MellonOutperform Votes
905
66.69%
Underperform Votes
452
33.31%
State StreetOutperform Votes
680
56.01%
Underperform Votes
534
43.99%

Bank of New York Mellon has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, State Street has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500.

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$39.91B1.57$4.53B$5.8114.80
State Street$22.13B1.35$2.69B$8.2412.33

Summary

Bank of New York Mellon beats State Street on 13 of the 20 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 {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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STT vs. The Competition

MetricState StreetState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$29.56B$3.26B$11.84B$20.12B
Dividend Yield3.01%3.58%5.77%3.65%
P/E Ratio12.3325.4224.5737.27
Price / Sales1.352.2427.4118.18
Price / Cash9.6710.9118.3120.47
Price / Book1.321.272.675.90
Net Income$2.69B$380.71M$1.07B$1.02B
7 Day Performance2.54%0.73%0.35%-0.56%
1 Month Performance3.52%1.84%1.70%4.18%
1 Year Performance38.71%20.49%14.82%16.86%

State Street Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STT
State Street
4.8378 of 5 stars
$101.61
-0.6%
$100.73
-0.9%
+37.5%$29.56B$22.13B12.3346,000
BK
Bank of New York Mellon
4.855 of 5 stars
$85.15
-0.2%
$88.00
+3.3%
+55.1%$61.94B$39.91B14.6653,400Analyst Upgrade
Short Interest ↓
Positive News
AMP
Ameriprise Financial
4.7357 of 5 stars
$554.52
-1.6%
$503.22
-9.3%
+40.3%$53.78B$15.54B21.2813,800Earnings Report
Dividend Announcement
Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage
Positive News
TROW
T. Rowe Price Group
4.4351 of 5 stars
$112.26
-1.7%
$115.82
+3.2%
+7.8%$24.92B$6.46B12.277,906Upcoming Earnings
Short Interest ↓
Positive News
NTRS
Northern Trust
3.9119 of 5 stars
$110.37
-0.5%
$112.58
+2.0%
+41.0%$21.87B$12.12B13.7223,100Insider Trade
Positive News
ARCC
Ares Capital
1.76 of 5 stars
$23.25
-0.8%
$22.29
-4.1%
+17.0%$15.01B$2.61B8.942,550Upcoming Earnings
Analyst Forecast
Options Volume
Positive News
SEIC
SEI Investments
4.7217 of 5 stars
$83.31
-1.9%
$86.75
+4.1%
+36.9%$10.75B$1.92B20.145,089Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
BEN
Franklin Resources
4.4309 of 5 stars
$20.03
-0.3%
$20.18
+0.8%
-16.6%$10.49B$8.48B23.2810,200Earnings Report
Short Interest ↑
Analyst Revision
News Coverage
Gap Up
IVZ
Invesco
4.8242 of 5 stars
$17.44
-1.1%
$18.71
+7.3%
+21.4%$7.84B$5.72B-18.968,500Earnings Report
Dividend Announcement
Analyst Forecast
Options Volume
AMG
Affiliated Managers Group
4.0315 of 5 stars
$183.58
-1.7%
$195.40
+6.4%
+26.4%$5.55B$2.06B11.974,000Upcoming Earnings
Short Interest ↑
Analyst Revision
News Coverage
Positive News
MAIN
Main Street Capital
1.985 of 5 stars
$60.54
-1.0%
$48.80
-19.4%
+36.8%$5.33B$500.39M10.9690Positive News

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This page (NYSE:STT) was last updated on 2/1/2025 by MarketBeat.com Staff
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