BNY Mellon (BK, $36.44) and Wells Fargo (WFC, $26.07) have new CFOs

On Tuesday, Bank of New York Mellon  appointed  Emily Portney chief financial officer.

 Portney succeeds Mike Santomassimo , who stepped down to take the same position at Wells Fargo .

Portney previously led the client management, sales and service teams for BNY Mellon's asset-servicing business.

She had also been CFO for Barclays International  prior to joining BNY. She worked 22 years at JPMorgan Chase , where she was global head of clearing and collateral management.

Wells Fargo said Santomassimo also will join the parent's operating committee.  He will succeed John Shrewsberry, who has said he would retire after 22 years with Wells Fargo.

Tickeron's comparison: WFC vs. BK

[WFC & BK] are closely correlated.

Both companies represent the Major Banks industry

Market capitalization -- BK: $31.8B vs. WFC: $101.2B

Stock price -- (BK: $36.45 vs. WFC: $26.12)

Current volume relative to the 65-day Moving Average: BK: 66% vs. WFC: 74%

Brand notoriety: BK and WFC are both notable

Long term analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

BK’s FA Score shows that 0 FA rating(s) are green while WFC’s FA Score has 2’s green FA rating(s).

• BK’s FA Score: 0 green, 5 red.
• WFC’s FA Score: 2 green, 3 red.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators.

BK’s TA Score shows that 1 TA rating(s) are bullish while WFC’s TA Score has 2’s bullish TA rating(s).

• BK’s TA Score: 1 bullish, 5 bearish.
• WFC’s TA Score: 2 bullish, 5 bearish.

WFC vs BK: Fundamental Ratings

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

WFC's Valuation (10) in the Major Banks industry is in the same range as BK (41). This means that WFC’s stock grew similarly to BK’s over the last 12 months.

WFC's Profit vs Risk Rating (100) in the Major Banks industry is in the same range as BK (100). This means that WFC’s stock grew similarly to BK’s over the last 12 months.

BK's SMR Rating (92) in the Major Banks industry is in the same range as WFC (96). This means that BK’s stock grew similarly to WFC’s over the last 12 months.

BK's Price Growth Rating (60) in the Major Banks industry is in the same range as WFC (65). This means that BK’s stock grew similarly to WFC’s over the last 12 months.

WFC's P/E Growth Rating (6) in the Major Banks industry is significantly better than the same rating for BK (85). This means that WFC’s stock grew significantly faster than BK’s over the last 12 months.

WFC ($101B) has a higher market cap than BK ($31.8B). BK has higher P/E ratio than WFC: -27.489 vs -52.906. BK YTD gains are higher at: -27.489 vs. WFC (-52.906). BK has less debt than WFC: 44.4B vs 291B. WFC has higher revenues than BK: 86.5B vs 19.7B.

Contributor

Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.