Bank of New York Mellon Corp vs Cigna Corp — how do they compare? Bank of New York Mellon Corp trades at $161.36 (market cap $108.78B), while Cigna Corp trades at $273.97 (market cap $73.56B). The key difference: Bank of New York Mellon Corp is the larger of the two by market cap, and Cigna Corp pays the higher dividend (2.24%). Which is the better fit depends on your goals.
| BNY | CI | |
|---|---|---|
Market Cap | $108.78B | $73.56B |
Sector | Financials | Health |
52-Week High | $162.35 | $311.00 |
52-Week Low | $101.00 | $244.41 |
Dividend Yield | 1.38% | 2.24% |
Enterprise Value | — | $98.27B |
Trailing returns across standard periods
Latest headlines on both assets
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 →Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people.
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