Best Buy Co Inc vs Bank of New York Mellon Corp — how do they compare? Best Buy Co Inc trades at $84.02 (market cap $17.55B), while Bank of New York Mellon Corp trades at $161.02 (market cap $108.78B). The key difference: Bank of New York Mellon Corp is far larger — about 6.2× Best Buy Co Inc's market cap, and Best Buy Co Inc pays the higher dividend (4.61%). Which is the better fit depends on your goals.
| BBY | BNY | |
|---|---|---|
Market Cap | $17.55B | $108.78B |
Sector | Consumer Cyclical | Financials |
52-Week High | $90.17 | $162.35 |
52-Week Low | $55.52 | $101.00 |
Enterprise Value | $19.93B | — |
Dividend Yield | 4.61% | 1.38% |
Trailing returns across standard periods
Latest headlines on both assets
With $51.8 billion in fiscal 2022 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., with roughly 10.6% share of the aggregate market and north of 40% share of offline sales, per our calculations, CTA industry, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Read more on BBY →BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $41.1 trillion in under custody and administration (as of Dec. 31, 2020), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.2 trillion in assets.
Read more on BNY →