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5 / 10Stock Comparison
BANC vs ICE vs NDAQ vs MCO vs SPGI
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Data & Stock Exchanges
Financial - Data & Stock Exchanges
Financial - Data & Stock Exchanges
Financial - Data & Stock Exchanges
BANC vs ICE vs NDAQ vs MCO vs SPGI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Banks - Regional | Financial - Data & Stock Exchanges | Financial - Data & Stock Exchanges | Financial - Data & Stock Exchanges | Financial - Data & Stock Exchanges |
| Market Cap | $2.96B | $88.45B | $50.59B | $81.04B | $126.89B |
| Revenue (TTM) | $1.81B | $12.64B | $8.22B | $7.72B | $15.34B |
| Net Income (TTM) | $229M | $3.30B | $1.91B | $2.50B | $4.78B |
| Gross Margin | 58.7% | 61.9% | 47.9% | 68.2% | 70.2% |
| Operating Margin | 18.0% | 38.7% | 28.4% | 44.8% | 42.2% |
| Forward P/E | 11.3x | 19.5x | 22.6x | 27.4x | 21.8x |
| Total Debt | $3.02B | $20.28B | $9.93B | $7.35B | $14.20B |
| Cash & Equiv. | $2.31B | $837M | $814M | $2.38B | $1.75B |
BANC vs ICE vs NDAQ vs MCO vs SPGI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Banc of California,… (BANC) | 100 | 173.9 | +73.9% |
| Intercontinental Ex… (ICE) | 100 | 160.2 | +60.2% |
| Nasdaq, Inc. (NDAQ) | 100 | 225.1 | +125.1% |
| Moody's Corporation (MCO) | 100 | 168.8 | +68.8% |
| S&P Global Inc. (SPGI) | 100 | 129.3 | +29.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BANC vs ICE vs NDAQ vs MCO vs SPGI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BANC carries the broadest edge in this set and is the clearest fit for value and dividends.
- Lower P/E (11.3x vs 21.8x)
- 2.1% yield, vs MCO's 0.9%
- +43.6% vs SPGI's -14.5%
ICE ranks third and is worth considering specifically for income & stability and sleep-well-at-night.
- Dividend streak 14 yrs, beta 0.33, yield 1.2%
- Lower volatility, beta 0.33, Low D/E 69.9%, current ratio 1.02x
- Beta 0.33, yield 1.2%, current ratio 1.02x
- Beta 0.33 vs BANC's 1.34, lower leverage
NDAQ is the #2 pick in this set and the best alternative if growth exposure and long-term compounding is your priority.
- Rev growth 11.1%, EPS growth 60.1%
- 347.6% 10Y total return vs MCO's 409.5%
- PEG 2.12 vs MCO's 3.51
- 11.1% NII/revenue growth vs BANC's -3.3%
MCO lags the leaders in this set but could rank higher in a more targeted comparison.
Among these 5 stocks, SPGI doesn't own a clear edge in any measured category.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.1% NII/revenue growth vs BANC's -3.3% | |
| Value | Lower P/E (11.3x vs 21.8x) | |
| Quality / Margins | Efficiency ratio 0.2% vs BANC's 0.4% (lower = leaner) | |
| Stability / Safety | Beta 0.33 vs BANC's 1.34, lower leverage | |
| Dividends | 2.1% yield, vs MCO's 0.9% | |
| Momentum (1Y) | +43.6% vs SPGI's -14.5% | |
| Efficiency (ROA) | Efficiency ratio 0.2% vs BANC's 0.4% |
BANC vs ICE vs NDAQ vs MCO vs SPGI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BANC vs ICE vs NDAQ vs MCO vs SPGI — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
BANC leads in 2 of 6 categories
MCO leads 1 • ICE leads 0 • NDAQ leads 0 • SPGI leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — MCO and SPGI each lead in 2 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SPGI is the larger business by revenue, generating $15.3B annually — 8.5x BANC's $1.8B. MCO is the more profitable business, keeping 31.9% of every revenue dollar as net income compared to BANC's 12.6%.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.8B | $12.6B | $8.2B | $7.7B | $15.3B |
| EBITDAEarnings before interest/tax | $397M | $6.5B | $3.1B | $4.0B | $7.8B |
| Net IncomeAfter-tax profit | $229M | $3.3B | $1.9B | $2.5B | $4.8B |
| Free Cash FlowCash after capex | $235M | $4.3B | $2.0B | $3.0B | $5.6B |
| Gross MarginGross profit ÷ Revenue | +58.7% | +61.9% | +47.9% | +68.2% | +70.2% |
| Operating MarginEBIT ÷ Revenue | +18.0% | +38.7% | +28.4% | +44.8% | +42.2% |
| Net MarginNet income ÷ Revenue | +12.6% | +26.1% | +21.8% | +31.9% | +29.2% |
| FCF MarginFCF ÷ Revenue | +13.0% | +33.9% | +24.2% | +33.4% | +35.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +50.0% | +23.1% | +33.8% | +7.8% | +32.5% |
Valuation Metrics
BANC leads this category, winning 6 of 7 comparable metrics.
Valuation Metrics
At 16.2x trailing earnings, BANC trades at a 51% valuation discount to MCO's 33.4x P/E. Adjusting for growth (PEG ratio), NDAQ offers better value at 2.70x vs MCO's 4.29x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $3.0B | $88.4B | $50.6B | $81.0B | $126.9B |
| Enterprise ValueMkt cap + debt − cash | $3.7B | $107.9B | $59.7B | $86.0B | $139.3B |
| Trailing P/EPrice ÷ TTM EPS | 16.25x | 27.06x | 28.80x | 33.44x | 29.24x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.27x | 19.48x | 22.65x | 27.37x | 21.84x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.05x | 2.70x | 4.29x | 3.36x |
| EV / EBITDAEnterprise value multiple | 9.23x | 16.71x | 20.14x | 21.86x | 18.20x |
| Price / SalesMarket cap ÷ Revenue | 1.63x | 7.00x | 6.16x | 10.50x | 8.27x |
| Price / BookPrice ÷ Book value/share | 0.87x | 3.08x | 4.19x | 19.56x | 3.62x |
| Price / FCFMarket cap ÷ FCF | 12.60x | 20.62x | 25.44x | 31.47x | 23.26x |
Profitability & Efficiency
MCO leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
MCO delivers a 64.1% return on equity — every $100 of shareholder capital generates $64 in annual profit, vs $7 for BANC. SPGI carries lower financial leverage with a 0.39x debt-to-equity ratio, signaling a more conservative balance sheet compared to MCO's 1.75x. On the Piotroski fundamental quality scale (0–9), ICE scores 9/9 vs SPGI's 7/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +6.6% | +11.6% | +15.9% | +64.1% | +12.9% |
| ROA (TTM)Return on assets | +0.7% | +2.3% | +6.4% | +16.2% | +7.9% |
| ROICReturn on invested capital | +3.9% | +7.5% | +8.1% | +22.5% | +9.7% |
| ROCEReturn on capital employed | +5.0% | +9.5% | +10.2% | +27.9% | +12.1% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 9 | 9 | 9 | 7 |
| Debt / EquityFinancial leverage | 0.85x | 0.70x | 0.81x | 1.75x | 0.39x |
| Net DebtTotal debt minus cash | $709M | $19.4B | $9.1B | $5.0B | $12.5B |
| Cash & Equiv.Liquid assets | $2.3B | $837M | $814M | $2.4B | $1.7B |
| Total DebtShort + long-term debt | $3.0B | $20.3B | $9.9B | $7.4B | $14.2B |
| Interest CoverageEBIT ÷ Interest expense | 0.47x | 6.53x | 14.11x | 17.22x | 22.69x |
Total Returns (Dividends Reinvested)
BANC leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NDAQ five years ago would be worth $17,036 today (with dividends reinvested), compared to $11,424 for SPGI. Over the past 12 months, BANC leads with a +43.6% total return vs SPGI's -14.5%. The 3-year compound annual growth rate (CAGR) favors BANC at 25.1% vs SPGI's 7.4% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -0.8% | -2.1% | -7.6% | -8.2% | -16.2% |
| 1-Year ReturnPast 12 months | +43.6% | -10.4% | +14.6% | -1.5% | -14.5% |
| 3-Year ReturnCumulative with dividends | +95.9% | +50.8% | +67.4% | +52.8% | +23.8% |
| 5-Year ReturnCumulative with dividends | +15.0% | +43.4% | +70.4% | +41.4% | +14.2% |
| 10-Year ReturnCumulative with dividends | +18.6% | +225.3% | +347.6% | +409.5% | +337.1% |
| CAGR (3Y)Annualised 3-year return | +25.1% | +14.7% | +18.7% | +15.2% | +7.4% |
Risk & Volatility
Evenly matched — BANC and ICE each lead in 1 of 2 comparable metrics.
Risk & Volatility
ICE is the less volatile stock with a 0.33 beta — it tends to amplify market swings less than BANC's 1.34 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BANC currently trades 88.7% from its 52-week high vs SPGI's 74.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.33x | 0.30x | 0.75x | 0.82x | 0.55x |
| 52-Week HighHighest price in past year | $21.61 | $189.35 | $101.79 | $546.88 | $579.05 |
| 52-Week LowLowest price in past year | $13.24 | $143.17 | $77.09 | $402.28 | $381.61 |
| % of 52W HighCurrent price vs 52-week peak | +88.7% | +82.5% | +87.4% | +83.6% | +74.0% |
| RSI (14)Momentum oscillator 0–100 | 63.5 | 38.8 | 52.6 | 48.0 | 42.4 |
| Avg Volume (50D)Average daily shares traded | 2.8M | 3.0M | 3.3M | 1.1M | 1.8M |
Analyst Outlook
Evenly matched — BANC and MCO each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: BANC as "Buy", ICE as "Buy", NDAQ as "Buy", MCO as "Buy", SPGI as "Buy". Consensus price targets imply 28.8% upside for NDAQ (target: $115) vs -8.7% for BANC (target: $18). For income investors, BANC offers the higher dividend yield at 2.08% vs MCO's 0.85%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $17.50 | $195.71 | $114.60 | $544.75 | $548.11 |
| # AnalystsCovering analysts | 27 | 36 | 36 | 32 | 28 |
| Dividend YieldAnnual dividend ÷ price | +2.1% | +1.2% | +1.2% | +0.9% | +0.9% |
| Dividend StreakConsecutive years of raises | 0 | 14 | 13 | 22 | 12 |
| Dividend / ShareAnnual DPS | $0.40 | $1.93 | $1.04 | $3.90 | $3.83 |
| Buyback YieldShare repurchases ÷ mkt cap | +6.3% | +1.6% | +1.2% | +2.1% | +3.9% |
BANC leads in 2 of 6 categories (Valuation Metrics, Total Returns). MCO leads in 1 (Profitability & Efficiency). 3 tied.
BANC vs ICE vs NDAQ vs MCO vs SPGI: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is BANC or ICE or NDAQ or MCO or SPGI a better buy right now?
For growth investors, Nasdaq, Inc.
(NDAQ) is the stronger pick with 11. 1% revenue growth year-over-year, versus -3. 3% for Banc of California, Inc. (BANC). Banc of California, Inc. (BANC) offers the better valuation at 16. 2x trailing P/E (11. 3x forward), making it the more compelling value choice. Analysts rate Banc of California, Inc. (BANC) a "Buy" — based on 27 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BANC or ICE or NDAQ or MCO or SPGI?
On trailing P/E, Banc of California, Inc.
(BANC) is the cheapest at 16. 2x versus Moody's Corporation at 33. 4x. On forward P/E, Banc of California, Inc. is actually cheaper at 11. 3x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Nasdaq, Inc. wins at 2. 12x versus Moody's Corporation's 3. 51x.
03Which is the better long-term investment — BANC or ICE or NDAQ or MCO or SPGI?
Over the past 5 years, Nasdaq, Inc.
(NDAQ) delivered a total return of +70. 4%, compared to +14. 2% for S&P Global Inc. (SPGI). Over 10 years, the gap is even starker: MCO returned +403. 4% versus BANC's +18. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BANC or ICE or NDAQ or MCO or SPGI?
By beta (market sensitivity over 5 years), Intercontinental Exchange, Inc.
(ICE) is the lower-risk stock at 0. 30β versus Banc of California, Inc. 's 1. 33β — meaning BANC is approximately 349% more volatile than ICE relative to the S&P 500. On balance sheet safety, S&P Global Inc. (SPGI) carries a lower debt/equity ratio of 39% versus 175% for Moody's Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — BANC or ICE or NDAQ or MCO or SPGI?
By revenue growth (latest reported year), Nasdaq, Inc.
(NDAQ) is pulling ahead at 11. 1% versus -3. 3% for Banc of California, Inc. (BANC). On earnings-per-share growth, the picture is similar: Banc of California, Inc. grew EPS 126. 9% year-over-year, compared to 18. 7% for S&P Global Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BANC or ICE or NDAQ or MCO or SPGI?
Moody's Corporation (MCO) is the more profitable company, earning 31.
9% net margin versus 12. 6% for Banc of California, Inc. — meaning it keeps 31. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MCO leads at 44. 8% versus 18. 0% for BANC. At the gross margin level — before operating expenses — SPGI leads at 70. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BANC or ICE or NDAQ or MCO or SPGI more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Nasdaq, Inc. (NDAQ) is the more undervalued stock at a PEG of 2. 12x versus Moody's Corporation's 3. 51x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Banc of California, Inc. (BANC) trades at 11. 3x forward P/E versus 27. 4x for Moody's Corporation — 16. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NDAQ: 28. 8% to $114. 60.
08Which pays a better dividend — BANC or ICE or NDAQ or MCO or SPGI?
All stocks in this comparison pay dividends.
Banc of California, Inc. (BANC) offers the highest yield at 2. 1%, versus 0. 9% for Moody's Corporation (MCO).
09Is BANC or ICE or NDAQ or MCO or SPGI better for a retirement portfolio?
For long-horizon retirement investors, Intercontinental Exchange, Inc.
(ICE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 30), 1. 2% yield, +224. 7% 10Y return). Both have compounded well over 10 years (ICE: +224. 7%, BANC: +18. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BANC and ICE and NDAQ and MCO and SPGI?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: BANC is a small-cap deep-value stock; ICE is a mid-cap quality compounder stock; NDAQ is a mid-cap quality compounder stock; MCO is a mid-cap quality compounder stock; SPGI is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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