BNY vs HSBC vs NTRS Stock Comparison

Bank of New York Mellon, Hsbc Holdings and Northern Trust Prices as of Nov 4, 2026 Peers: Industry group
1 more company in this comparison (BR) Create a free account to keep reading and compare up to 10 companies.
BNY Bank of New York Mellon Corp
$152.59 +6.1% 1M +41.3% 1Y
Market cap
$100.30B
P/E
15.9x
Revenue (TTM)
$21.96B
Div. yield
–
Custody and Fund Services Financial Services
3 wins
HSBC Hsbc Holdings Plc
$89.44 -7.5% 1M +28.0% 1Y
Market cap
$307.13B
P/E
11.6x
Revenue (TTM)
$55.16B
Div. yield
–
Money Center Banks Financial Services
7 wins
NTRS Northern Trust Corp
$178.02 +4.3% 1M +39.6% 1Y
Market cap
$31.20B
P/E
13.1x
Revenue (TTM)
$5.37B
Div. yield
0.02%
Custody and Fund Services Financial Services
1 win

Head to Head

11 decided of 12

Hsbc Holdings leads on 7 of the 12 questions below (Hsbc Holdings 7, Bank of New York Mellon 3, Northern Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBNYHSBCNTRSLeader
Larger companyMarket capitalisation $100.30B $307.13B $31.20B HSBC
Cheaper on earningsLower P/E, profitable companies only 15.9x 11.6x 13.1x HSBC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.5x 9.9x 15.7x HSBC
Faster revenue growthRevenue growth, trailing twelve months +11.3% +1,900.0% +8.9% HSBC
More profitableNet margin, trailing twelve months 28.7% 47.9% 44.4% HSBC
Better return on capitalReturn on invested capital 25.3% — 27.5% NTRS
Less leveragedLower net debt / EBITDA 0.8x — 1.2x BNY
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +41.3% +28.0% +39.6% BNY
Better 5-year returnAnnualised price return, 5 years +21.0%/yr +25.0%/yr +7.6%/yr HSBC
Less volatileAnnualised volatility, 1 year 22.1% 28.6% 24.6% BNY
Higher overall scoreMean of the five percentile scores vs peers 62/100 70/100 49/100 HSBC

Percentile Scorecard

BNYHSBCNTRS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBNYHSBCNTRS
Valuation 83 #18 of 103 15 #308 of 360 81 #20 of 103
Growth 45 #39 of 70 88 #44 of 344 25 #53 of 70
Profitability 74 #20 of 74 86 #51 of 345 73 #21 of 74
Financial Health 29 #71 of 99 – 28 #72 of 99
Shareholder Returns 77 #10 of 40 92 #29 of 352 41 #24 of 40
Overall 62 70 49
  • BNY ranked among 110 companies in Capital Markets
  • HSBC ranked among 368 companies in Banking
  • NTRS ranked among 110 companies in Capital Markets

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBNYHSBCNTRSSPY
1 month +6.1%-7.5%+4.3% -1.0%
3 months -3.9%-12.9%-3.4% -0.4%
6 months +14.2%-2.1%+9.0% +4.5%
Year to date +31.4%+13.7%+30.3% +12.4%
1 year +41.3%+28.0%+39.6% +13.6%
3 years +237.2%+138.9%+149.5% +76.4%
3 years, per year +50.0%+33.7%+35.7% +20.8%
5 years +159.4%+205.0%+44.1% +63.7%
5 years, per year +21.0%+25.0%+7.6% +10.4%
10 years +254.9%+141.5%+147.0% +267.7%
10 years, per year +13.5%+9.2%+9.5% +13.9%

Risk

MeasureBNYHSBCNTRSSPY
Volatility, 1Y 22.1%28.6%24.6% 12.8%
Downside volatility, 1Y 22.9%28.4%25.1% 12.7%
Beta vs S&P 500, 1Y 0.781.280.91 1.00
Return / volatility, 1Y 1.870.981.61 1.06
Max drawdown, 5Y -41.4%-34.6%-52.8% -25.4%
From 52-week high -7.4%-17.1%-7.0% -1.6%
52-week high $164.85$107.85$191.47 $779.14
52-week low $106.43$67.56$122.72 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBNYHSBCNTRS
P/E now vs peer median 16.5xmedian 29.7x 11.8xmedian 12.7x 13.6xmedian 29.7x
P/S now vs peer median 4.7xmedian 3.0x 5.6xmedian 3.5x 6.0xmedian 3.0x
EV/EBITDA now vs peer median 4.4xmedian 13.6x —median 4.9x 4.4xmedian 13.6x
P/FCF now vs peer median 14.4xmedian 15.1x —median 11.0x 18.5xmedian 15.1x
P/B now vs peer median 2.3xmedian 2.4x 1.6xmedian 1.3x 2.4xmedian 2.4x
PEG now vs peer median 0.59median 0.55 3.15median 1.33 0.39median 0.55

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBNYHSBCNTRS
Revenue $21.96B $55.16B $5.37B
Operating income – $33.06B –
Net income $6.58B $28.08B $2.43B
Free cash flow $7.14B – $1.74B
EPS (diluted) $9.16 $7.53 $13.02
Cash & equivalents – $222.46B –
Total debt $41.16B – $11.97B
Shares (diluted) 686.91M 3.51B 183.17M
Enterprise value $33.92B -$1.80T $31.20B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBNYHSBCNTRS
P/E 16.5x 11.8x 13.6x
P/FCF 14.4x – 18.5x
P/Operating cash flow 11.0x – 17.6x
P/S 4.7x 5.6x 6.0x
P/B 2.3x 1.6x 2.4x
P/Tangible book 2.5x 1.6x 2.4x
EV/EBITDA 4.4x – 4.4x
EV/EBIT 4.7x -16.0x 4.8x
EV/Revenue 5.7x -9.6x 8.2x
EV/FCF 17.5x – 25.4x
EV/Operating cash flow 13.4x – 24.2x
PEG (3Y EPS CAGR) 0.59 3.15 0.39

Growth

14 metrics
MetricBNYHSBCNTRS
Revenue growth (1Y) 11.3% 1,900% 8.9%
Revenue CAGR (3Y) 8.1% 50.6% 7.6%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 40.9% –
Operating income CAGR (3Y) – 1.6% –
Net income growth (1Y) 24.9% 51.5% 40.6%
Net income CAGR (3Y) 21.8% -1.1% 28.3%
EPS growth (1Y) 30.4% 68.0% 47.6%
EPS CAGR (3Y) 28.0% 3.7% 34.5%
Operating cash flow growth (1Y) 202.6% – -27.2%
Operating cash flow CAGR (3Y) -4.9% – -22.8%
Free cash flow growth (1Y) 356.5% – -28.4%
Free cash flow CAGR (3Y) -9.4% – -23.4%

Profitability

14 metrics
MetricBNYHSBCNTRS
Gross margin – – –
EBITDA margin 128.6% – 185.6%
Operating margin – 59.9% –
Pretax margin 37.9% 65.2% 59.5%
Net margin 28.7% 47.9% 44.4%
FCF margin 32.5% – 32.4%
Operating cash flow margin 42.7% – 34.0%
Return on equity 14.7% 14.3% 18.1%
Return on assets 1.3% 0.8% 1.4%
Return on invested capital 25.3% – 27.5%
Return on capital employed – – –
Asset turnover 0.0x 0.0x 0.0x
Cash conversion (OCF / net income) 1.4x – 0.8x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricBNYHSBCNTRS
Debt / assets 8.3% – 7.2%
Debt / equity 0.9x – 0.9x
Net debt / EBITDA 0.8x – 1.2x
Debt / FCF 5.8x – 6.9x
Liabilities / assets 91.1% 94.3% 92.0%
Equity / assets 8.9% 5.7% 8.0%
Interest coverage 1.5x – 1.5x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBNYHSBCNTRS
Dividend yield 1.0% 4.2% 1.8%
Net buyback yield 4.0% – 4.4%
Shareholder yield 4.9% 4.2% 6.3%
Payout ratio (earnings) – – 24.9%
Payout ratio (FCF) – – 34.8%
Dividend growth (1Y) – – 2.5%
Dividend CAGR (3Y) – – -8.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBNYHSBCNTRS
Forward P/E 17.5xFY2026 9.9xFY2026 15.7xFY2026
EPS, next fiscal year $8.73FY2026 $9.02FY2026 $11.33FY2026
EPS growth, next FY +18.0%FY2026 +19.5%FY2026 +25.9%FY2026
EPS growth, the year after +23.9% +9.1% +10.1%
Revenue, next fiscal year $23.23BFY2026 $70.05BFY2026 $9.01BFY2026
Revenue growth, next FY +16.0%FY2026 -1.3%FY2026 +11.1%FY2026
Revenue growth, the year after -2.4% +18.0% +9.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBNYHSBCNTRS
Held by institutions 83.8% 2.5% 84.0%
Institutions holding 1,884 709 1,018
Change in shares held, QoQ +0.5% -0.3% -0.3%
Institutions buying 905 404 506
Institutions selling 701 180 327
Buyers to sellers 1.29 2.24 1.55

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BNYHSBCNTRS
BNY 1.00 0.46 0.76
HSBC 0.46 1.00 0.46
NTRS 0.76 0.46 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BNY, HSBC and NTRS?

Hsbc Holdings (HSBC) is the largest by market capitalisation: Bank of New York Mellon (BNY) $100.30B, Hsbc Holdings (HSBC) $307.13B, Northern Trust (NTRS) $31.20B.

Which stock is cheaper, BNY, HSBC and NTRS?

Hsbc Holdings (HSBC) trades on the lowest price-to-earnings ratio (Bank of New York Mellon (BNY) 15.9x, Hsbc Holdings (HSBC) 11.6x, Northern Trust (NTRS) 13.1x). On next year's consensus earnings, Hsbc Holdings (HSBC) is cheapest (Bank of New York Mellon (BNY) 17.5x, Hsbc Holdings (HSBC) 9.9x, Northern Trust (NTRS) 15.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hsbc Holdings (HSBC) grew revenue fastest over the trailing twelve months: Bank of New York Mellon (BNY) +11.3%, Hsbc Holdings (HSBC) +1,900.0%, Northern Trust (NTRS) +8.9%.

Which company is more profitable?

Hsbc Holdings (HSBC) has the highest net margin (Bank of New York Mellon (BNY) 28.7%, Hsbc Holdings (HSBC) 47.9%, Northern Trust (NTRS) 44.4%). On return on invested capital, Northern Trust (NTRS) leads (Bank of New York Mellon (BNY) 25.3%, Northern Trust (NTRS) 27.5%).

Which stock has performed better?

Over the past year Bank of New York Mellon (BNY) returned the most: Bank of New York Mellon (BNY) +41.3%, Hsbc Holdings (HSBC) +28.0%, Northern Trust (NTRS) +39.6%. Over five years, Hsbc Holdings (HSBC) compounded fastest (Bank of New York Mellon (BNY) +21.0%/yr, Hsbc Holdings (HSBC) +25.0%/yr, Northern Trust (NTRS) +7.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Bank of New York Mellon (BNY) 0.00%, Hsbc Holdings (HSBC) 0.00%, Northern Trust (NTRS) 0.02%. Bank of New York Mellon (BNY) and Hsbc Holdings (HSBC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Bank of New York Mellon (BNY) has been the steadiest (Bank of New York Mellon (BNY) 22.1%, Hsbc Holdings (HSBC) 28.6%, Northern Trust (NTRS) 24.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BNY, HSBC and NTRS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hsbc Holdings (HSBC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.