Free Trial

State Street (STT) Competitors

State Street logo
$82.64 -6.95 (-7.76%)
Closing price 03:59 PM Eastern
Extended Trading
$82.74 +0.11 (+0.13%)
As of 06:41 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

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 superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, analyst recommendations, earnings, risk, valuation, community ranking, profitability and institutional ownership.

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 2.3%. State Street pays out 36.9% of its earnings in the form of a dividend. Bank of New York Mellon pays out 32.4% 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 13 consecutive years and Bank of New York Mellon has increased its dividend for 14 consecutive years.

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

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$12.92B1.87$2.69B$8.2410.19
Bank of New York Mellon$18.26B3.20$4.53B$5.8113.99

In the previous week, State Street had 5 more articles in the media than Bank of New York Mellon. MarketBeat recorded 50 mentions for State Street and 45 mentions for Bank of New York Mellon. Bank of New York Mellon's average media sentiment score of 1.23 beat State Street's score of 1.12 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
33 Very Positive mention(s)
5 Positive mention(s)
2 Neutral mention(s)
6 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of New York Mellon
33 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

State Street has a beta of 1.44, suggesting that its stock price is 44% more volatile than the S&P 500. Comparatively, Bank of New York Mellon has a beta of 1.03, suggesting that its stock price is 3% more volatile than the S&P 500.

State Street presently has a consensus price target of $102.07, indicating a potential upside of 21.59%. Bank of New York Mellon has a consensus price target of $90.07, indicating a potential upside of 10.80%. Given State Street's higher probable upside, equities research analysts clearly 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)
7 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.40
Bank of New York Mellon
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.67

Bank of New York Mellon received 221 more outperform votes than State Street when rated by MarketBeat users. Likewise, 66.42% of users gave Bank of New York Mellon an outperform vote while only 56.01% of users gave State Street an outperform vote.

CompanyUnderperformOutperform
State StreetOutperform Votes
685
56.01%
Underperform Votes
538
43.99%
Bank of New York MellonOutperform Votes
906
66.42%
Underperform Votes
458
33.58%

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%

Summary

Bank of New York Mellon beats State Street on 13 of the 21 factors compared between the two stocks.

Remove Ads
Get State Street News Delivered to You Automatically

Sign up to receive the latest news and ratings for STT and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

STT vs. The Competition

MetricState StreetState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$24.21B$2.94B$11.15B$19.07B
Dividend Yield3.31%3.77%5.41%3.78%
P/E Ratio10.1922.0022.2131.79
Price / Sales1.872.9425.4025.62
Price / Cash8.5110.6317.6217.54
Price / Book1.081.122.644.40
Net Income$2.69B$372.21M$1.04B$1.02B
7 Day Performance-8.58%-5.32%-2.58%-4.48%
1 Month Performance-13.34%-8.44%493.52%-4.88%
1 Year Performance8.56%13.09%534.72%0.51%

State Street Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STT
State Street
4.9233 of 5 stars
$82.64
-7.8%
$102.07
+23.5%
+16.5%$23.84B$12.92B10.0342,200Analyst Forecast
News Coverage
Positive News
BK
Bank of New York Mellon
4.895 of 5 stars
$83.51
+1.0%
$89.71
+7.4%
+47.8%$60.06B$18.26B14.4051,700Analyst Forecast
Positive News
AMP
Ameriprise Financial
4.9391 of 5 stars
$481.64
-0.1%
$514.89
+6.9%
+14.2%$46.35B$17.26B14.5913,500Short Interest ↓
Positive News
Gap Down
TROW
T. Rowe Price Group
4.852 of 5 stars
$91.52
-0.1%
$111.82
+22.2%
-20.8%$20.34B$7.09B9.997,870Analyst Forecast
Insider Trade
Short Interest ↑
News Coverage
Positive News
Gap Down
NTRS
Northern Trust
4.5331 of 5 stars
$97.93
+0.8%
$113.46
+15.9%
+12.7%$19.20B$8.29B10.0323,600Analyst Forecast
News Coverage
Positive News
Gap Down
ARCC
Ares Capital
2.2049 of 5 stars
$22.10
-0.1%
$22.94
+3.8%
+9.2%$15.16B$1.71B9.042,550Positive News
Gap Down
BEN
Franklin Resources
4.5189 of 5 stars
$19.16
+1.1%
$20.86
+8.9%
-28.7%$10.08B$8.74B29.5310,200Ex-Dividend
Analyst Forecast
News Coverage
Positive News
Gap Down
SEIC
SEI Investments
4.6721 of 5 stars
$77.47
+0.5%
$90.00
+16.2%
+10.0%$9.84B$2.13B17.544,840Analyst Forecast
Short Interest ↑
Positive News
Gap Down
IVZ
Invesco
4.9855 of 5 stars
$15.09
-0.7%
$19.66
+30.3%
-4.5%$6.77B$6.07B12.828,610Analyst Forecast
News Coverage
Gap Down
MAIN
Main Street Capital
1.599 of 5 stars
$56.34
-0.6%
$52.25
-7.3%
+22.3%$4.99B$601.25M10.2190
AMG
Affiliated Managers Group
4.3458 of 5 stars
$167.81
+0.4%
$198.40
+18.2%
+5.2%$4.93B$2.04B11.163,950Analyst Forecast
News Coverage
Gap Down
Remove Ads

Related Companies and Tools


This page (NYSE:STT) was last updated on 4/3/2025 by MarketBeat.com Staff
From Our Partners