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BNY vs. RKT: Bank of New York Mellon vs. Rocket Stock Comparison

How do Bank of New York Mellon (BNY) and Rocket (RKT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Bank of New York Mellon (BNY) and Rocket (RKT) both fall under the Financial Services industry group, but BNY is classified in Capital Markets while RKT is classified in Financial Services.

Bank of New York Mellon (BNY) has more than two decades of public-market history since May 3, 1973, whereas Rocket (RKT) listed on August 6, 2020 and has a much shorter record to draw on.

Company profile comparison for Bank of New York Mellon (BNY) and Rocket (RKT)
Profile ItemBNYRKT
NameBank of New York Mellon Corp.Rocket Companies Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsFinancial Services
GICS Sub-IndustryAsset Management & Custody BanksCommercial & Residential Mortgage Finance
Market Capitalization99.40 billion USD42.74 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMay 3, 1973August 6, 2020
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BNY
RKT
GSPC
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Bank of New York Mellon (BNY) vs. Rocket (RKT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Bank of New York Mellon (BNY) and Rocket (RKT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Bank of New York Mellon (BNY) and Rocket (RKT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
Total Return (1Y)41.28%-7.27%
Total Return (3Y, Annualized)53.51%26.30%
Total Return (5Y, Annualized)24.36%0.22%

Risk Profile

Drawdown History

BNY
RKT
GSPC
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Bank of New York Mellon (BNY) vs. Rocket (RKT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Bank of New York Mellon (BNY) and Rocket (RKT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Rocket (RKT) carries a highly aggressive beta of 2.19, indicating much higher sensitivity to broad-market moves, whereas Bank of New York Mellon (BNY) is closer to market-like at 1.00 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
Volatility (1Y, Annualized)22.30%58.88%
Beta (5Y)1.002.19
Max Drawdown (5Y)-40.45%-59.90%
Avg. Volume (3M)3.38M34.27M

Risk-Adjusted Performance

Risk-Return Positioning

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BNY and RKT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
Sharpe Ratio (1Y)1.66-0.20
Sortino Ratio (1Y)2.48-0.29

Profitability

ROE (TTM)

Both Bank of New York Mellon (BNY) at 14.87% and Rocket (RKT) at 7.86% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BNY

Financial Services industry group

14.87%

Max
44.78%
Q3
21.85%
BNY
14.87%
Median
12.91%
Q1
4.48%
Min
-18.71%

RKT

Financial Services industry group

7.86%

Max
44.78%
Q3
21.85%
Median
12.91%
RKT
7.86%
Q1
4.48%
Min
-18.71%
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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Bank of New York Mellon (BNY) at 29.74% retains a top-quartile share of revenue as profit, ahead of Rocket (RKT) at 11.02%, which keeps about the industry-typical share.

BNY

Financial Services industry group

29.74%

Max
62.84%
BNY
29.74%
Q3
28.05%
Median
15.36%
Q1
4.82%
Min
-28.52%

RKT

Financial Services industry group

11.02%

Max
62.84%
Q3
28.05%
Median
15.36%
RKT
11.02%
Q1
4.82%
Min
-28.52%
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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Bank of New York Mellon (BNY) at 39.07% and Rocket (RKT) at 43.54% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BNY

Financial Services industry group

39.07%

Max
107.33%
Q3
55.90%
BNY
39.07%
Median
30.09%
Q1
14.60%
Min
-44.34%

RKT

Financial Services industry group

43.54%

Max
107.33%
Q3
55.90%
RKT
43.54%
Median
30.09%
Q1
14.60%
Min
-44.34%
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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
ROE (TTM)14.87%7.86%
ROA (TTM)1.39%4.45%
Net Margin (TTM)29.74%11.02%
Operating Margin (TTM)39.07%43.54%
Gross Margin (TTM)----

Growth

Revenue Growth

Rocket (RKT) at 26.87% sits in the top revenue growth quartile, while Bank of New York Mellon (BNY) at 8.22% is closer to the peer norm — faster top-line expansion for RKT.

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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Bank of New York Mellon (BNY) at 27.59% is around its peer norm for EPS growth, while Rocket (RKT) at -123.81% drops into the bottom quartile, signaling weaker earnings momentum.

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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
Revenue Growth (YoY)8.22%26.87%
Revenue Growth (3Y CAGR)6.87%3.25%
EPS Growth (YoY)27.59%-123.81%
EPS Growth (3Y CAGR)36.65%--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Bank of New York Mellon (BNY) in Financial Services and Rocket (RKT) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Bank of New York Mellon (BNY) in Financial Services and Rocket (RKT) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Rocket (RKT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bank of New York Mellon (BNY) reports a yield of 1.51%, ranking against industry peers normally.

BNY

Financial Services industry group

1.51%

Max
9.77%
Q3
3.92%
BNY
1.51%
Median
1.09%
Q1
0.00%
Min
0.00%

RKT

Financial Services industry group

0.00%

Max
9.77%
Q3
3.92%
Median
1.09%
RKT
0.00%
Q1
0.00%
Min
0.00%
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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Rocket (RKT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bank of New York Mellon (BNY) reports a payout of 24.58%, ranking against industry peers normally.

BNY

Financial Services industry group

24.58%

Max
241.07%
Q3
97.36%
Median
25.77%
BNY
24.58%
Q1
0.00%
Min
0.00%

RKT

Financial Services industry group

0.00%

Max
241.07%
Q3
97.36%
Median
25.77%
RKT
0.00%
Q1
0.00%
Min
0.00%
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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
Dividend Yield (TTM)1.51%0.00%
Dividend Payout Ratio (TTM)24.58%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Bank of New York Mellon (BNY) trades at 16.36 times trailing earnings, ranked against its peers, while Rocket (RKT) has no P/E ratio this period.

BNY

Financial Services industry group

16.36

Max
45.85
Q3
24.64
BNY
16.36
Median
15.37
Q1
9.68
Min
0.16

RKT

Financial Services industry group

--

Max
45.85
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16
RKT
--
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Bank of New York Mellon (BNY) vs. Rocket (RKT): RKT does not report P/E ratio, so it has no value marker; BNY is benchmarked against the Financial Services industry group.

P/S Ratio (TTM)

On P/S ratio, both Bank of New York Mellon (BNY) at 4.52 and Rocket (RKT) at 3.61 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

BNY

Financial Services industry group

4.52

Max
9.23
Q3
4.57
BNY
4.52
Median
2.72
Q1
1.28
Min
-0.55

RKT

Financial Services industry group

3.61

Max
9.23
Q3
4.57
RKT
3.61
Median
2.72
Q1
1.28
Min
-0.55
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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Bank of New York Mellon (BNY) at 2.53 and Rocket (RKT) at 1.76 are valued close to their industries’ norm against book — neither stands out from peers.

BNY

Financial Services industry group

2.53

Max
7.79
Q3
3.63
BNY
2.53
Median
1.57
Q1
0.81
Min
-0.39

RKT

Financial Services industry group

1.76

Max
7.79
Q3
3.63
RKT
1.76
Median
1.57
Q1
0.81
Min
-0.39
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Bank of New York Mellon (BNY) vs. Rocket (RKT): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Bank of New York Mellon (BNY) and Rocket (RKT)
MetricBNYRKT
P/E Ratio (TTM)16.36--
P/S Ratio (TTM)4.523.61
P/B Ratio (MRQ)2.531.76
Free Cash Flow Yield (TTM)----