Bank of New York Mellon Corp vs PPG Industries, Inc. — how do they compare? Bank of New York Mellon Corp trades at $159.91 (market cap $108.78B), while PPG Industries, Inc. trades at $115.82 (market cap $25.82B). The key difference: Bank of New York Mellon Corp is far larger — about 4.2× PPG Industries, Inc.'s market cap, and PPG Industries, Inc. pays the higher dividend (2.55%). Which is the better fit depends on your goals.
| BNY | PPG | |
|---|---|---|
Market Cap | $108.78B | $25.82B |
Sector | Financials | Basic Materials |
52-Week High | $162.35 | $131.56 |
52-Week Low | $101.00 | $94.34 |
Dividend Yield | 1.38% | 2.55% |
Enterprise Value | — | $31.69B |
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 →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →