Bank of New York Mellon vs State Street
BNY and STT side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How BNY and STT compare
Bank of New York Mellon is the larger company, worth 2.1 times as much as State Street ($99.8B against $46.6B).
On earnings, State Street is cheaper: it trades at 15.0× trailing earnings, against 16.3× for Bank of New York Mellon.
State Street grew revenue faster over the last twelve months (12.3% versus 11.2% for Bank of New York Mellon).
Bank of New York Mellon keeps more of each dollar of sales as profit, with a net margin of 29.8% compared with 23.0% at State Street.
Both pay dividends: Bank of New York Mellon yields 1.1% and State Street 2.0%.
Bank of New York Mellon scores higher on the StockData Score (14 against 12 for State Street), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | BNY | STT |
|---|---|---|
| Size and price | ||
| Market cap | $99.8B | $46.6B |
| Share price | $147.11 | $169.77 |
| Change, 1 year | 37.4% | 45.4% |
| Change, 5 years | 150% | 77.5% |
| Beta (5Y) | 0.91 | 1.15 |
| Employees | 48K | 52K |
| StockData Score | ||
| Total score | 14 (better) | 12 |
| Valuation score | 0 | 1 (better) |
| Growth score | 2 | 2 |
| Performance score | 4 (better) | 3 |
| Health score | 4 (better) | 2 |
| Dividend score | 4 | 4 |
| Valuation | ||
| P/E | 16.3× | 15.0× (better) |
| P/S | 4.5× | 3.1× (better) |
| P/B | 2.3× | 1.6× (better) |
| P/FCF | 14.0× (better) | 23.1× |
| PEG | 0.44 (better) | 1.60 |
| FCF yield | 7.2% (better) | 4.3% |
| Fair value | $100.33 | $131.04 |
| Margin of safety | −46.6% | −29.6% (better) |
| Growth | ||
| Revenue growth (TTM) | 11.2% | 12.3% (better) |
| Revenue growth, 5Y average | 4.9% (better) | 3.6% |
| Net income growth (TTM) | 24.8% (better) | 21.3% |
| EPS growth (TTM) | 30.6% (better) | 27.0% |
| EPS growth, 5Y average | 14.1% (better) | 8.3% |
| Profitability | ||
| Net margin | 29.8% (better) | 23.0% |
| FCF margin | 32.5% (better) | 13.4% |
| Return on equity | 15.0% (better) | 12.4% |
| Financial health | ||
| Debt / equity | 0.16 | – |
| Altman Z-score | 0.32 (better) | 0.22 |
| Piotroski F-score | 7 (better) | 5 |
| Dividends and buybacks | ||
| Dividend yield | 1.1% | 2.0% (better) |
| Payout ratio | 23.9% | 33.4% |
| Years of dividend growth | 15 | 15 |
| Dividend growth, 5Y average | 10.0% (better) | 9.0% |
| Buyback yield | 4.1% (better) | 3.4% |
| Shareholder yield | 5.2% | 5.5% (better) |
| Ownership | ||
| Held by institutions | 86.2% | 91.5% |
| Held by insiders | 0.27% | 0.57% |
| Insider net buying, 12 months | −$12.6M (better) | −$20.6M |
| Superinvestors holding | 5 (better) | 3 |
| Short interest, % of float | 1.2% | 1.9% |
Go deeper
- BNY stock overview
- BNY income statement
- BNY valuation and score
- STT stock overview
- STT income statement
- STT valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.