BNY
Bank of New York Mellon Corp
BNY has lower modeled downside risk, despite its lower overall score.
GS
The Goldman Sachs Group, Inc.
GS has the edge over BNY overall, supported by stronger valuation and stronger fundamentals.
BNY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BNY's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BNY.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
BNY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $94.16 | -38% |
| Fair | 14x | $126 | -18% |
| Expensive | 17x | $151 | -1.1% |
| Current | 17x | $153 | — |
Historical ranges are pointers, not guarantees.
BNY's PE is in its expensive range at 17x.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS has the edge over BNY in the historical PE scenario, which offers more potential upside but is not a forecast.
BNY Forward outlook
There aren't enough analyst estimates for BNY to show an outlook.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
BNY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $9.04 | +31% |
| Q2 2026 | $8.58 | +31% |
| Q1 2026 | $8.06 | +31% |
| Q4 2025 | $7.40 | +28% |
| Q3 2025 | $6.92 | +54% |
| Q2 2025 | $6.54 | +55% |
| Q1 2025 | $6.13 | +53% |
| Q4 2024 | $5.80 | +50% |
BNY's earnings per share have climbed steadily: $9.04 over the past year, up 31% from the year before, and higher year over year for 13 quarters in a row.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over BNY on earnings, with stronger typical year-over-year growth.
BNY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.7B | +12% |
| Q2 2026 | $5.7B | +13% |
| Q1 2026 | $5.4B | +13% |
| Q4 2025 | $5.2B | +6.8% |
| Q3 2025 | $5.1B | +9.3% |
| Q2 2025 | $5B | +9.4% |
| Q1 2025 | $4.8B | +5.9% |
| Q4 2024 | $4.8B | +12% |
BNY's revenue has grown year over year for 15 quarters in a row: $5.7B last quarter, up 12% from the same quarter a year ago.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
BNY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.1B | +$5.6B |
| Q2 2026 | $2B | +7.5% |
| Q1 2026 | -$3.6B | -4046% |
| Q4 2025 | $4.7B | +318% |
| Q3 2025 | -$1.5B | -$815M |
| Q2 2025 | $1.8B | +5.2% |
| Q1 2025 | $92M | +$3.1B |
| Q4 2024 | $1.1B | +$3.5B |
BNY has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
BNY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -5.3M shares |
| 1 year | -3.6% | -25.9M shares |
| 3 years | -12% | -94.9M shares |
| 5 years | -19% | -162M shares |
| Available history | -27% | -256M shares |
BNY has 687M diluted shares, down 3.6% from a year ago, with $4.1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $937M |
| Q2 2026 | $1.1B |
| Q1 2026 | $983M |
| Q4 2025 | $1B |
| Q3 2025 | $849M |
| Q2 2025 | $895M |
| Q1 2025 | $746M |
| Q4 2024 | $750M |
BNY spent $4.1B buying back its own shares over the past year, up 26% from the year before.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over BNY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
BNY Net Leverage
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GS.
BNY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.9 | Neutral |
| Stochastic | 45.8 | Neutral |
BNY's weekly RSI is 58 (neutral) and its Stochastic is 46 (neutral).
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
BNY PE vs Financial Services Sector
| Metric | BNY | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 13x | 30% above |
| PE % | 85 | 63 | 22 pts above |
BNY is trading at 17x earnings, a 30% premium to the Financial Services sector's median of 13x.
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS has the edge over BNY on valuation relative to its sector.
BNY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $146.8 | 4.1% above |
| 20 week MA | $153.4 | 0.4% below |
| 50 week MA | $136.8 | 12% above |
| 100 week MA | $114.9 | 33% above |
| 200 week MA | $84.7 | 80% above |
BNY has the edge over GS on trend strength, trading above more of its moving averages.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
BNY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.3 | $41.0 | -18% |
| 2021 | $41.0 | $58.1 | +42% |
| 2022 | $58.1 | $44.7 | -23% |
| 2023 | $44.7 | $52.1 | +17% |
| 2024 | $52.1 | $77.6 | +49% |
| 2025 | $77.6 | $117.5 | +51% |
| 2026 YTD | $117.5 | $152.8 | +30% |
BNY has the edge over GS on returns for 2026, with the stronger performance.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.