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State Street (STT) Competitors

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$85.55 +1.71 (+2.04%)
Closing price 04/23/2025 03:59 PM Eastern
Extended Trading
$85.64 +0.09 (+0.11%)
As of 08:32 AM Eastern
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STT vs. BK, AMP, TROW, NTRS, ARCC, BEN, SEIC, IVZ, MAIN, and AMG

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), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Main Street Capital (MAIN), and Affiliated Managers Group (AMG). These companies are all part of the "asset management & custody banks" industry.

State Street vs.

State Street (NYSE:STT) and Bank of New York Mellon (NYSE:BK) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, dividends, valuation, analyst recommendations, media sentiment, community ranking, earnings, profitability 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
State Street12.14% 12.60% 0.83%
Bank of New York Mellon 11.35%12.68%1.10%

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
State Street$13.07B1.89$2.69B$8.919.60
Bank of New York Mellon$18.55B3.01$4.53B$6.1412.66

State Street pays an annual dividend of $3.04 per share and has a dividend yield of 3.6%. Bank of New York Mellon pays an annual dividend of $1.88 per share and has a dividend yield of 2.4%. State Street pays out 34.1% of its earnings in the form of a dividend. Bank of New York Mellon pays out 30.6% 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 raised its dividend for 13 consecutive years and Bank of New York Mellon has raised its dividend for 14 consecutive years.

Bank of New York Mellon received 221 more outperform votes than State Street when rated by MarketBeat users. Likewise, 66.47% of users gave Bank of New York Mellon an outperform vote while only 55.94% of users gave State Street an outperform vote.

CompanyUnderperformOutperform
State StreetOutperform Votes
687
55.94%
Underperform Votes
541
44.06%
Bank of New York MellonOutperform Votes
908
66.47%
Underperform Votes
458
33.53%

State Street has a beta of 1.42, meaning that its stock price is 42% more volatile than the S&P 500. Comparatively, Bank of New York Mellon has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500.

87.4% of State Street shares are held by institutional investors. Comparatively, 85.3% of Bank of New York Mellon shares are held by institutional investors. 0.3% of State Street shares are held by insiders. Comparatively, 0.1% of Bank of New York Mellon shares are held 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.

State Street presently has a consensus target price of $102.15, indicating a potential upside of 19.40%. Bank of New York Mellon has a consensus target price of $91.31, indicating a potential upside of 17.45%. Given State Street's higher possible upside, equities research analysts plainly believe State Street is more favorable than Bank of New York Mellon.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
State Street
1 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.38
Bank of New York Mellon
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64

In the previous week, State Street had 39 more articles in the media than Bank of New York Mellon. MarketBeat recorded 82 mentions for State Street and 43 mentions for Bank of New York Mellon. Bank of New York Mellon's average media sentiment score of 0.92 beat State Street's score of 0.57 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
State Street
28 Very Positive mention(s)
7 Positive mention(s)
26 Neutral mention(s)
12 Negative mention(s)
1 Very Negative mention(s)
Positive
Bank of New York Mellon
31 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Bank of New York Mellon beats State Street on 13 of the 21 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$24.69B$2.98B$11.02B$18.67B
Dividend Yield3.82%4.02%5.93%4.16%
P/E Ratio10.3822.8221.9631.63
Price / Sales1.893.0125.6827.49
Price / Cash8.5110.6317.6017.53
Price / Book1.101.152.614.36
Net Income$2.69B$372.21M$1.03B$1.02B
7 Day Performance5.11%3.87%1.78%1.58%
1 Month Performance-7.88%-3.76%-2.77%-7.33%
1 Year Performance15.16%15.14%535.35%1.81%

State Street Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STT
State Street
4.9083 of 5 stars
$85.55
+2.0%
$102.15
+19.4%
+15.0%$24.69B$13.07B10.3842,200Earnings Report
Analyst Forecast
Gap Up
BK
Bank of New York Mellon
4.9657 of 5 stars
$73.66
-2.9%
$91.31
+24.0%
+35.3%$52.89B$18.55B12.6851,700Ex-Dividend
Short Interest ↓
Positive News
Gap Up
AMP
Ameriprise Financial
4.4698 of 5 stars
$446.73
-3.8%
$517.44
+15.8%
+15.8%$42.80B$17.26B13.5113,500Analyst Revision
News Coverage
Gap Up
TROW
T. Rowe Price Group
4.8418 of 5 stars
$83.10
-3.5%
$96.00
+15.5%
-22.6%$18.47B$7.09B9.077,870Positive News
Gap Up
NTRS
Northern Trust
4.3363 of 5 stars
$85.94
-2.7%
$113.08
+31.6%
+7.6%$16.82B$8.29B8.7923,600Earnings Report
Dividend Announcement
Analyst Forecast
Analyst Revision
News Coverage
Positive News
Gap Up
ARCC
Ares Capital
2.6439 of 5 stars
$19.76
-3.1%
$22.61
+14.4%
0.0%$13.53B$1.71B8.072,550Upcoming Earnings
BEN
Franklin Resources
3.8751 of 5 stars
$17.32
-1.6%
$18.96
+9.5%
-27.4%$9.10B$8.74B26.659,800Gap Up
SEIC
SEI Investments
4.4749 of 5 stars
$69.15
-3.5%
$86.80
+25.5%
+9.0%$8.78B$2.13B15.644,840Earnings Report
News Coverage
Gap Up
IVZ
Invesco
4.9814 of 5 stars
$12.33
-3.7%
$17.03
+38.1%
-7.4%$5.52B$6.07B10.458,610Earnings Report
Dividend Increase
Analyst Forecast
News Coverage
MAIN
Main Street Capital
1.4634 of 5 stars
$51.58
-3.2%
$52.60
+2.0%
+10.1%$4.57B$601.25M9.3490
AMG
Affiliated Managers Group
4.4828 of 5 stars
$151.51
-2.9%
$192.40
+27.0%
-1.8%$4.36B$2.04B10.033,950Short Interest ↓
Gap Up

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This page (NYSE:STT) was last updated on 4/24/2025 by MarketBeat.com Staff
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