BNY (BNY) vs Banco Santander, S.A. (SAN)

BNY and Banco Santander, S.A. are both Banks Diversified companies. Banco Santander, S.A. is the larger, with a market value of $208.6B against $101.6B — 2.1× the size. Banco Santander, S.A. trades at the lower P/E: 11.6× against 17.3×. Banco Santander, S.A. grew revenue faster over the last twelve months: 76.4% against 0.19%. BNY has the higher net margin (14.8% vs 14.0%) and the lower return on invested capital (0.00% vs 13.5%). Both pay a dividend; Banco Santander, S.A. yields more (6.02% vs 3.18%). Across the 19 metrics below, BNY leads on 11 and Banco Santander, S.A. on 8.

Valuation

Metric BNY SAN Banks Diversified median
P/E 17.32 11.63 13.67
P/S 2.54 1.50 2.72
P/B 2.54 1.51 1.69
Price to free cash flow 64.71 n/m 4.53
EV/EBITDA n/m n/m —
EV/Sales (2.24) 1.72 —
Earnings yield 5.77% 8.60% 7.33%
Free cash flow yield 1.55% (21.86%) 7.63%

Profitability

Metric BNY SAN Banks Diversified median
Gross margin 52.58% 50.17% 67.18%
Operating margin 0.00% 0.00% 0.00%
Net margin 14.83% 14.00% 18.44%
Free cash flow margin 3.92% (32.77%) 1.96%
Return on equity 15.13% 14.66% 11.14%
Return on assets 1.19% 0.87% 0.74%
Return on invested capital 0.00% 13.45% 0.00%

Growth

Metric BNY SAN Banks Diversified median
Revenue growth (TTM) 0.19% 76.39% 4.67%
EPS growth (last fiscal year) 27.59% 972.92% —
Revenue growth, 5-year CAGR 19.20% 15.04% 14.34%
Net income growth, 5-year CAGR 9.16% 0.00% 10.77%

Health

Metric BNY SAN Banks Diversified median
Debt to equity 0.68 3.89 1.39
Current ratio 0.72 0.24 0.87
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BNY SAN Banks Diversified median
Dividend yield 3.18% 6.02% 3.80%
Payout ratio 0.43 0.20 0.31

Size

Metric BNY SAN Banks Diversified median
Market cap 101.57b 208.58b 186.46b

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