Bank of New York Mellon Corp vs Iron Mountain Inc — how do they compare? Bank of New York Mellon Corp trades at $161.02 (market cap $108.78B), while Iron Mountain Inc trades at $122.41 (market cap $36.44B). The key difference: Bank of New York Mellon Corp is far larger — about 3× Iron Mountain Inc's market cap, and Iron Mountain Inc pays the higher dividend (2.82%). Which is the better fit depends on your goals.
| BNY | IRM | |
|---|---|---|
Market Cap | $108.78B | $36.44B |
Sector | Financials | Real Estate |
52-Week High | $162.35 | $133.06 |
52-Week Low | $101.00 | $78.86 |
Dividend Yield | 1.38% | 2.82% |
Enterprise Value | — | $55.85B |
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 →Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business
Read more on IRM →