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BCG vs APAM vs NTRS vs BK
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
Asset Management
Asset Management
BCG vs APAM vs NTRS vs BK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Asset Management | Asset Management | Asset Management | Asset Management |
| Market Cap | $36M | $2.68B | $29.73B | $89.81B |
| Revenue (TTM) | $164M | $1.20B | $14.30B | $39.55B |
| Net Income (TTM) | $1M | $290M | $1.74B | $5.24B |
| Gross Margin | 7.2% | 45.7% | 56.5% | 46.0% |
| Operating Margin | 0.9% | 33.4% | 16.3% | 14.8% |
| Forward P/E | — | 9.9x | 14.8x | 14.9x |
| Total Debt | $29M | $410M | $16.43B | $45.44B |
| Cash & Equiv. | $7M | $256M | $61.13B | $101.94B |
BCG vs APAM vs NTRS vs BK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 24 | May 26 | Return |
|---|---|---|---|
| Binah Capital Group… (BCG) | 100 | 16.9 | -83.1% |
| Artisan Partners As… (APAM) | 100 | 83.1 | -16.9% |
| Northern Trust Corp… (NTRS) | 100 | 180.4 | +80.4% |
| The Bank of New Yor… (BK) | 100 | 226.5 | +126.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BCG vs APAM vs NTRS vs BK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BCG has the current edge in this matchup, primarily because of its strength in quality and efficiency.
- Efficiency ratio 0.1% vs NTRS's 0.4% (lower = leaner)
- Efficiency ratio 0.1% vs NTRS's 0.4%
APAM is the clearest fit if your priority is defensive.
- Beta 1.15, yield 10.3%, current ratio 20.33x
- 10.3% yield, 2-year raise streak, vs BK's 1.4%
NTRS is the #2 pick in this set and the best alternative if valuation efficiency and bank quality is your priority.
- PEG 1.50 vs BK's 2.89
- NIM 1.4% vs APAM's 0.2%
- Lower P/E (14.8x vs 14.9x), PEG 1.50 vs 2.89
- +62.9% vs BCG's +1.4%
BK is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 14 yrs, beta 0.83, yield 1.4%
- Rev growth 17.1%, EPS growth 49.1%
- 266.6% 10Y total return vs NTRS's 170.8%
- Lower volatility, beta 0.83, current ratio 0.65x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 17.1% NII/revenue growth vs NTRS's -9.9% | |
| Value | Lower P/E (14.8x vs 14.9x), PEG 1.50 vs 2.89 | |
| Quality / Margins | Efficiency ratio 0.1% vs NTRS's 0.4% (lower = leaner) | |
| Stability / Safety | Beta 0.83 vs BCG's 1.29, lower leverage | |
| Dividends | 10.3% yield, 2-year raise streak, vs BK's 1.4% | |
| Momentum (1Y) | +62.9% vs BCG's +1.4% | |
| Efficiency (ROA) | Efficiency ratio 0.1% vs NTRS's 0.4% |
BCG vs APAM vs NTRS vs BK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BCG vs APAM vs NTRS vs BK — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
BK leads in 2 of 6 categories
NTRS leads 1 • APAM leads 1 • BCG leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — APAM and NTRS each lead in 2 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BK is the larger business by revenue, generating $39.6B annually — 240.6x BCG's $164M. APAM is the more profitable business, keeping 24.3% of every revenue dollar as net income compared to BCG's -3.2%.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $164M | $1.2B | $14.3B | $39.6B |
| EBITDAEarnings before interest/tax | $6M | $424M | $3.2B | $8.4B |
| Net IncomeAfter-tax profit | $1M | $290M | $1.7B | $5.2B |
| Free Cash FlowCash after capex | $4M | $172M | $4.7B | $1.6B |
| Gross MarginGross profit ÷ Revenue | +7.2% | +45.7% | +56.5% | +46.0% |
| Operating MarginEBIT ÷ Revenue | +0.9% | +33.4% | +16.3% | +14.8% |
| Net MarginNet income ÷ Revenue | -3.2% | +24.3% | +12.1% | +11.5% |
| FCF MarginFCF ÷ Revenue | -0.4% | +14.3% | +38.2% | -2.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +2.2% | +35.6% | +7.1% | +25.3% |
Valuation Metrics
NTRS leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 9.4x trailing earnings, APAM trades at a 58% valuation discount to BK's 22.5x P/E. Adjusting for growth (PEG ratio), NTRS offers better value at 1.86x vs BK's 4.36x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $36M | $2.7B | $29.7B | $89.8B |
| Enterprise ValueMkt cap + debt − cash | $58M | $2.8B | -$15.0B | $33.3B |
| Trailing P/EPrice ÷ TTM EPS | -6.84x | 9.39x | 18.35x | 22.50x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 9.94x | 14.84x | 14.93x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.64x | 1.86x | 4.36x |
| EV / EBITDAEnterprise value multiple | 23.06x | 6.94x | -4.66x | 4.36x |
| Price / SalesMarket cap ÷ Revenue | 0.22x | 2.24x | 2.08x | 2.27x |
| Price / BookPrice ÷ Book value/share | 29.52x | 3.19x | 2.33x | 2.34x |
| Price / FCFMarket cap ÷ FCF | — | 15.65x | 5.45x | — |
Profitability & Efficiency
APAM leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
APAM delivers a 44.9% return on equity — every $100 of shareholder capital generates $45 in annual profit, vs $6 for BCG. APAM carries lower financial leverage with a 0.52x debt-to-equity ratio, signaling a more conservative balance sheet compared to BCG's 23.41x. On the Piotroski fundamental quality scale (0–9), NTRS scores 6/9 vs BCG's 4/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +5.8% | +44.9% | +13.4% | +11.8% |
| ROA (TTM)Return on assets | +1.5% | +19.4% | +1.0% | +1.2% |
| ROICReturn on invested capital | +2.9% | +26.7% | +6.0% | +5.0% |
| ROCEReturn on capital employed | +3.2% | +29.9% | +9.0% | +6.5% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 | 6 | 6 |
| Debt / EquityFinancial leverage | 23.41x | 0.52x | 1.27x | 1.09x |
| Net DebtTotal debt minus cash | $21M | $155M | -$44.7B | -$56.5B |
| Cash & Equiv.Liquid assets | $7M | $256M | $61.1B | $101.9B |
| Total DebtShort + long-term debt | $29M | $410M | $16.4B | $45.4B |
| Interest CoverageEBIT ÷ Interest expense | 2.12x | 58.20x | 0.38x | 0.32x |
Total Returns (Dividends Reinvested)
BK leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BK five years ago would be worth $26,597 today (with dividends reinvested), compared to $2,305 for BCG. Over the past 12 months, NTRS leads with a +62.9% total return vs BCG's +1.4%. The 3-year compound annual growth rate (CAGR) favors BK at 48.6% vs BCG's -38.7% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -20.1% | -4.4% | +15.7% | +12.4% |
| 1-Year ReturnPast 12 months | +1.4% | +1.8% | +62.9% | +55.1% |
| 3-Year ReturnCumulative with dividends | -76.9% | +47.7% | +132.2% | +228.1% |
| 5-Year ReturnCumulative with dividends | -76.9% | -1.2% | +45.9% | +166.0% |
| 10-Year ReturnCumulative with dividends | -76.9% | +127.4% | +170.8% | +266.6% |
| CAGR (3Y)Annualised 3-year return | -38.7% | +13.9% | +32.4% | +48.6% |
Risk & Volatility
BK leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
BK is the less volatile stock with a 0.83 beta — it tends to amplify market swings less than BCG's 1.29 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BK currently trades 93.8% from its 52-week high vs BCG's 63.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.29x | 1.15x | 1.13x | 0.83x |
| 52-Week HighHighest price in past year | $3.44 | $48.50 | $173.19 | $139.15 |
| 52-Week LowLowest price in past year | $1.36 | $34.99 | $98.50 | $84.54 |
| % of 52W HighCurrent price vs 52-week peak | +63.7% | +78.4% | +92.6% | +93.8% |
| RSI (14)Momentum oscillator 0–100 | 52.3 | 51.1 | 53.3 | 51.3 |
| Avg Volume (50D)Average daily shares traded | 708K | 752K | 1.1M | 3.3M |
Analyst Outlook
Evenly matched — APAM and BK each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: APAM as "Hold", NTRS as "Hold", BK as "Buy". Consensus price targets imply 7.2% upside for BK (target: $140) vs -4.2% for NTRS (target: $154). For income investors, APAM offers the higher dividend yield at 10.31% vs BCG's 0.23%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | — | $40.00 | $153.75 | $139.86 |
| # AnalystsCovering analysts | — | 15 | 35 | 35 |
| Dividend YieldAnnual dividend ÷ price | +0.2% | +10.3% | +2.0% | +1.4% |
| Dividend StreakConsecutive years of raises | 0 | 2 | 1 | 14 |
| Dividend / ShareAnnual DPS | $0.01 | $3.92 | $3.14 | $1.80 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +4.3% | +3.4% |
BK leads in 2 of 6 categories (Total Returns, Risk & Volatility). NTRS leads in 1 (Valuation Metrics). 2 tied.
BCG vs APAM vs NTRS vs BK: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is BCG or APAM or NTRS or BK a better buy right now?
For growth investors, The Bank of New York Mellon Corporation (BK) is the stronger pick with 17.
1% revenue growth year-over-year, versus -9. 9% for Northern Trust Corporation (NTRS). Artisan Partners Asset Management Inc. (APAM) offers the better valuation at 9. 4x trailing P/E (9. 9x forward), making it the more compelling value choice. Analysts rate The Bank of New York Mellon Corporation (BK) a "Buy" — based on 35 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 — BCG or APAM or NTRS or BK?
On trailing P/E, Artisan Partners Asset Management Inc.
(APAM) is the cheapest at 9. 4x versus The Bank of New York Mellon Corporation at 22. 5x. On forward P/E, Artisan Partners Asset Management Inc. is actually cheaper at 9. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Northern Trust Corporation wins at 1. 50x versus The Bank of New York Mellon Corporation's 2. 89x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — BCG or APAM or NTRS or BK?
Over the past 5 years, The Bank of New York Mellon Corporation (BK) delivered a total return of +166.
0%, compared to -76. 9% for Binah Capital Group, Inc. (BCG). Over 10 years, the gap is even starker: BK returned +266. 6% versus BCG's -76. 9%. 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 — BCG or APAM or NTRS or BK?
By beta (market sensitivity over 5 years), The Bank of New York Mellon Corporation (BK) is the lower-risk stock at 0.
83β versus Binah Capital Group, Inc. 's 1. 29β — meaning BCG is approximately 56% more volatile than BK relative to the S&P 500. On balance sheet safety, Artisan Partners Asset Management Inc. (APAM) carries a lower debt/equity ratio of 52% versus 23% for Binah Capital Group, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — BCG or APAM or NTRS or BK?
By revenue growth (latest reported year), The Bank of New York Mellon Corporation (BK) is pulling ahead at 17.
1% versus -9. 9% for Northern Trust Corporation (NTRS). On earnings-per-share growth, the picture is similar: The Bank of New York Mellon Corporation grew EPS 49. 1% year-over-year, compared to -1004. 0% for Binah Capital Group, 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 — BCG or APAM or NTRS or BK?
Artisan Partners Asset Management Inc.
(APAM) is the more profitable company, earning 24. 3% net margin versus -3. 2% for Binah Capital Group, Inc. — meaning it keeps 24. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: APAM leads at 33. 4% versus 0. 9% for BCG. At the gross margin level — before operating expenses — NTRS leads at 56. 5%, 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 BCG or APAM or NTRS or BK 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, Northern Trust Corporation (NTRS) is the more undervalued stock at a PEG of 1. 50x versus The Bank of New York Mellon Corporation's 2. 89x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Artisan Partners Asset Management Inc. (APAM) trades at 9. 9x forward P/E versus 14. 9x for The Bank of New York Mellon Corporation — 5. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BK: 7. 2% to $139. 86.
08Which pays a better dividend — BCG or APAM or NTRS or BK?
All stocks in this comparison pay dividends.
Artisan Partners Asset Management Inc. (APAM) offers the highest yield at 10. 3%, versus 0. 2% for Binah Capital Group, Inc. (BCG).
09Is BCG or APAM or NTRS or BK better for a retirement portfolio?
For long-horizon retirement investors, The Bank of New York Mellon Corporation (BK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
83), 1. 4% yield, +266. 6% 10Y return). Both have compounded well over 10 years (BK: +266. 6%, BCG: -76. 9%), 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 BCG and APAM and NTRS and BK?
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: BCG is a small-cap quality compounder stock; APAM is a small-cap deep-value stock; NTRS is a mid-cap quality compounder stock; BK is a mid-cap high-growth stock. APAM, NTRS, BK pay a dividend while BCG does not, making them suitable for different income and tax situations. 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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