Bank of New York Mellon Corp vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Bank of New York Mellon Corp trades at $159.91 (market cap $108.78B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $428.2 (market cap $1.93T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 17.7× Bank of New York Mellon Corp's market cap, and Bank of New York Mellon Corp pays the higher dividend (1.38%). Which is the better fit depends on your goals.
| BNY | TSM | |
|---|---|---|
Market Cap | $108.78B | $1.93T |
Sector | Financials | Technology |
52-Week High | $162.35 | $477.57 |
52-Week Low | $101.00 | $227.33 |
Dividend Yield | 1.38% | 0.9% |
Enterprise Value | — | $1.85T |
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 →Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.
Read more on TSM →