HSBC vs BNY Stock Comparison

Hsbc Holdings and Bank of New York Mellon Prices as of Oct 23, 2026 Peers: Industry group
HSBC Hsbc Holdings Plc
$90.65 -9.5% 1M +36.8% 1Y
Market cap
$317.90B
P/E
12.8x
Revenue (TTM)
$55.61B
Div. yield
–
Money Center Banks Financial Services
8 wins
BNY Bank of New York Mellon Corp
$145.24 -2.9% 1M +36.1% 1Y
Market cap
$100.92B
P/E
16.8x
Revenue (TTM)
$21.35B
Div. yield
–
Custody and Fund Services Financial Services
1 win

Head to Head

9 decided of 12

Hsbc Holdings leads on 8 of the 12 questions below (Hsbc Holdings 8, Bank of New York Mellon 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHSBCBNYLeader
Larger companyMarket capitalisation $317.90B $100.92B HSBC
Cheaper on earningsLower P/E, profitable companies only 12.8x 16.8x HSBC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.0x 16.7x HSBC
Faster revenue growthRevenue growth, trailing twelve months +2,725.8% +10.6% HSBC
More profitableNet margin, trailing twelve months 44.6% 28.2% HSBC
Better return on capitalReturn on invested capital — 27.1% –
Less leveragedLower net debt / EBITDA — 0.6x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +36.8% +36.1% HSBC
Better 5-year returnAnnualised price return, 5 years +24.8%/yr +19.5%/yr HSBC
Less volatileAnnualised volatility, 1 year 27.7% 21.9% BNY
Higher overall scoreMean of the five percentile scores vs peers 70/100 49/100 HSBC

Percentile Scorecard

HSBCBNY

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

AxisHSBCBNY
Valuation 39 #221 of 361 78 #22 of 97
Growth 70 #105 of 344 25 #52 of 69
Profitability 83 #59 of 348 57 #31 of 70
Financial Health – 27 #74 of 101
Shareholder Returns 90 #36 of 352 59 #17 of 40
Overall 70 49
  • HSBC ranked among 370 companies in Banking
  • BNY ranked among 112 companies in Capital Markets

Price Performance

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

Returns

PeriodHSBCBNYSPY
1 month -9.5%-2.9% -1.0%
3 months -12.3%-8.6% +2.9%
6 months +1.1%+8.3% +6.4%
Year to date +15.2%+25.1% +11.4%
1 year +36.8%+36.1% +13.1%
3 years +140.6%+247.7% +79.4%
3 years, per year +34.0%+51.5% +21.5%
5 years +202.0%+143.2% +67.7%
5 years, per year +24.8%+19.5% +10.9%
10 years +137.1%+237.4% +255.2%
10 years, per year +9.0%+12.9% +13.5%

Risk

MeasureHSBCBNYSPY
Volatility, 1Y 27.7%21.9% 12.7%
Downside volatility, 1Y 26.8%22.6% 12.7%
Beta vs S&P 500, 1Y 1.270.74 1.00
Return / volatility, 1Y 1.331.65 1.03
Max drawdown, 5Y -34.6%-41.4% -25.4%
From 52-week high -15.9%-11.9% -2.5%
52-week high $107.85$164.85 $779.14
52-week low $66.26$106.43 $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.

MultipleHSBCBNY
P/E now vs peer median 12.7xmedian 12.5x 16.5xmedian 29.4x
P/S now vs peer median 5.6xmedian 3.5x 4.6xmedian 2.8x
EV/EBITDA now vs peer median —median 4.8x 4.0xmedian 12.8x
P/FCF now vs peer median —median 11.4x 61.9xmedian 15.9x
P/B now vs peer median 1.6xmedian 1.2x 2.2xmedian 2.5x
PEG now vs peer median 1.94median 1.48 0.47median 0.51

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 monthsHSBCBNY
Revenue $55.61B $21.35B
Operating income $30.80B –
Net income $26.01B $6.35B
Free cash flow – $1.59B
EPS (diluted) $7.07 $8.70
Cash & equivalents $227.80B –
Total debt – $35.59B
Shares (diluted) 3.51B 692.22M
Enterprise value -$1.51T $39.69B

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
MetricHSBCBNY
P/E 12.7x 16.5x
P/FCF – 61.9x
P/Operating cash flow – 27.6x
P/S 5.6x 4.6x
P/B 1.6x 2.2x
P/Tangible book 1.6x 2.3x
EV/EBITDA – 4.0x
EV/EBIT 2.7x 4.3x
EV/Revenue 1.5x 5.5x
EV/FCF – 73.7x
EV/Operating cash flow – 32.9x
PEG (3Y EPS CAGR) 1.94 0.47

Growth

14 metrics
MetricHSBCBNY
Revenue growth (1Y) 2,726% 10.6%
Revenue CAGR (3Y) 4.0% 7.4%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) 25.1% –
Operating income CAGR (3Y) 4.4% –
Net income growth (1Y) 31.5% 26.9%
Net income CAGR (3Y) 0.8% 28.6%
EPS growth (1Y) 46.4% 31.1%
EPS CAGR (3Y) 6.6% 35.4%
Operating cash flow growth (1Y) – -7.2%
Operating cash flow CAGR (3Y) – -28.1%
Free cash flow growth (1Y) – -33.1%
Free cash flow CAGR (3Y) – -42.8%

Profitability

14 metrics
MetricHSBCBNY
Gross margin – –
EBITDA margin – 136.0%
Operating margin 55.4% –
Pretax margin 60.5% 37.4%
Net margin 44.6% 28.2%
FCF margin – 7.5%
Operating cash flow margin – 16.7%
Return on equity 13.2% 14.0%
Return on assets 0.8% 1.2%
Return on invested capital – 27.1%
Return on capital employed – –
Asset turnover 0.0x 0.0x
Cash conversion (OCF / net income) – 0.6x
Stock comp / revenue – –

Financial Health

11 metrics
MetricHSBCBNY
Debt / assets – 6.8%
Debt / equity – 0.8x
Net debt / EBITDA – 0.6x
Debt / FCF – 22.4x
Liabilities / assets 94.3% 91.4%
Equity / assets 5.7% 8.6%
Interest coverage – 1.4x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricHSBCBNY
Dividend yield 4.1% 0.6%
Net buyback yield – 4.0%
Shareholder yield 4.1% 4.6%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

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.

ConsensusHSBCBNY
Forward P/E 10.0xFY2026 16.7xFY2026
EPS, next fiscal year $9.03FY2026 $8.72FY2026
EPS growth, next FY +19.6%FY2026 +17.8%FY2026
EPS growth, the year after +9.2% +23.4%
Revenue, next fiscal year $69.99BFY2026 $23.20BFY2026
Revenue growth, next FY -1.4%FY2026 +15.8%FY2026
Revenue growth, the year after +18.0% -2.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHSBCBNY
Held by institutions 2.5% 0.0%
Institutions holding 707 4
Change in shares held, QoQ -0.3% +360.5%
Institutions buying 402 4
Institutions selling 180 0
Buyers to sellers 2.23 –

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.

HSBCBNY
HSBC 1.00 0.47
BNY 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HSBC and BNY?

Hsbc Holdings (HSBC) is the largest by market capitalisation: Hsbc Holdings (HSBC) $317.90B, Bank of New York Mellon (BNY) $100.92B.

Which stock is cheaper, HSBC and BNY?

Hsbc Holdings (HSBC) trades on the lowest price-to-earnings ratio (Hsbc Holdings (HSBC) 12.8x, Bank of New York Mellon (BNY) 16.8x). On next year's consensus earnings, Hsbc Holdings (HSBC) is cheapest (Hsbc Holdings (HSBC) 10.0x, Bank of New York Mellon (BNY) 16.7x). 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: Hsbc Holdings (HSBC) +2,725.8%, Bank of New York Mellon (BNY) +10.6%.

Which company is more profitable?

Hsbc Holdings (HSBC) has the highest net margin (Hsbc Holdings (HSBC) 44.6%, Bank of New York Mellon (BNY) 28.2%).

Which stock has performed better?

Over the past year Hsbc Holdings (HSBC) returned the most: Hsbc Holdings (HSBC) +36.8%, Bank of New York Mellon (BNY) +36.1%. Over five years, Hsbc Holdings (HSBC) compounded fastest (Hsbc Holdings (HSBC) +24.8%/yr, Bank of New York Mellon (BNY) +19.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Bank of New York Mellon (BNY) has been the steadiest (Hsbc Holdings (HSBC) 27.7%, Bank of New York Mellon (BNY) 21.9%). Volatility measures how widely the price swings, not the risk of the business.

Do HSBC and BNY move together?

Their daily returns over the past year have a correlation of 0.47, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, HSBC and BNY?

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 8. 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.