Summary
71.98 1.16(1.64%)10/04/2024
Bank Of New York Mellon Corp (BK)
Bank Of New York Mellon Corp (BK)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 1.61 | 0.39 | 6.28 | 20.20 | 26.76 | 76.29 | 92.82 | 13,449.18 |
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| Trading Data | ||
| Close | 71.98 | |
| Open | 71.54 | |
| High | 72.03 | |
| Low | 71.11 | |
| Volume | 1,720,401 | |
| Change | 1.14 | |
| Change % | 1.61 | |
| Avg Volume (20 Days) | 2,700,047 | |
| Volume/Avg Volume (20 Days) Ratio | 0.64 | |
| 52 Week Range | 39.66 - 73.19 | |
| Price vs 52 Week High | -1.65% | |
| Price vs 52 Week Low | 81.49% | |
| Range | 0.62 | |
| Gap Up/Down | 0.53 | |
Fundamentals | ||
| Market Capitalization (Mln) | 52,764 | |
| EBIDTA | 0 | |
| PE Ratio | 14.6466 | |
| PEG Ratio | 0.7616 | |
| WallStreet Target Price | 64.64 | |
| Book Value | 48.4420 | |
| Earnings Per Share | 3.9900 | |
| EPS Estimate Current Quarter | 1.1900 | |
| EPS Estimate Next Quarter | 1.3800 | |
| EPS Estimate Current Year | 5.4800 | |
| EPS Estimate Next Year | 6.0700 | |
| Diluted EPS (TTM) | 3.9900 | |
| Revenues | ||
| Profit Marging | 0.1903 | |
| Operating Marging (TTM) | 0.3056 | |
| Return on asset (TTM) | 0.0078 | |
| Return on equity (TTM) | 0.0817 | |
| Revenue TTM | 17,494,999,040 | |
| Revenue per share TTM | 22.6480 | |
| Quarterly Revenue Growth (YOY) | 0.0260 | |
| Quarterly Earnings Growth (YOY) | 0.1060 | |
| Gross Profit (TTM) | 16,338,000,000 | |
| Dividends | ||
| Dividend Share | 1.6300 | |
| Dividend Yield | 0.0287 | |
| Valuations | ||
| Trailing PE | 14.6466 | |
| Forward PE | 10.5820 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.1345 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 747,816,000 | |
| Shares Float | 745,213,436 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.01 | |
| Insider (%) | 0.15 | |
| Institutions (%) | 88.13 | |
10/04 19:20 EST - seekingalpha.com
S&P 500 Earnings: Financials Face A Tough Compare With Q3 2023
Next week, Q3 '24 earnings start and the majority of the interest on the part of investors will be Friday, October 11th's financial services earnings. For the sector as a whole, financial services is presently looking for just +1.8% EPS growth in Q3 '24. Surprising to me was that the financial sector was expecting just +4.8% EPS growth in Q1 '24, and the actual was more than double that amount at +13.1%.
S&P 500 Earnings: Financials Face A Tough Compare With Q3 2023
Next week, Q3 '24 earnings start and the majority of the interest on the part of investors will be Friday, October 11th's financial services earnings. For the sector as a whole, financial services is presently looking for just +1.8% EPS growth in Q3 '24. Surprising to me was that the financial sector was expecting just +4.8% EPS growth in Q1 '24, and the actual was more than double that amount at +13.1%.
10/04 11:00 EST - zacks.com
The Bank of New York Mellon Corporation (BK) Earnings Expected to Grow: Should You Buy?
The Bank of New York Mellon (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Bank of New York Mellon Corporation (BK) Earnings Expected to Grow: Should You Buy?
The Bank of New York Mellon (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
10/03 18:04 EST - gurufocus.com
SIT Investment Associates Inc's Strategic Acquisition in BNY Mellon Municipal Income, Inc.
On September 30, 2024, SIT Investment Associates Inc, a prominent investment management firm, expanded its portfolio by acquiring 765,986 additional shares of BNY Mellon Municipal Income, Inc. (DMF, Financial). This transaction increased the firm's total holdings in DMF to 2,256,196 shares, marking a significant enhancement of its position by 51.40%.
SIT Investment Associates Inc's Strategic Acquisition in BNY Mellon Municipal Income, Inc.
On September 30, 2024, SIT Investment Associates Inc, a prominent investment management firm, expanded its portfolio by acquiring 765,986 additional shares of BNY Mellon Municipal Income, Inc. (DMF, Financial). This transaction increased the firm's total holdings in DMF to 2,256,196 shares, marking a significant enhancement of its position by 51.40%.
10/03 13:30 EST - zacks.com
S&P 500 Banks Outperform the Index YTD: 5 Stocks to Watch
The first nine months of 2024 were exceptional for the S&P 500 Index. The index rallied 21.4% during the period.
S&P 500 Banks Outperform the Index YTD: 5 Stocks to Watch
The first nine months of 2024 were exceptional for the S&P 500 Index. The index rallied 21.4% during the period.
10/02 13:20 EST - seekingalpha.com
Dividend Stocks With Strong Q4 Seasonality
Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have been the best Q4 performers over the last ten years. 2024 has been a strong year already for high-yielding stocks, and now they have Q4 seasonality as another tailwind.
Dividend Stocks With Strong Q4 Seasonality
Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have been the best Q4 performers over the last ten years. 2024 has been a strong year already for high-yielding stocks, and now they have Q4 seasonality as another tailwind.
09/30 12:10 EST - zacks.com
BNY Mellon Receives SEC's Approval to Offer ETF Crypto Custody Service
BK obtains SEC's approval to expand into bitcoin and ether ETFs and offer crypto-custody services to tap into the sector growth.
BNY Mellon Receives SEC's Approval to Offer ETF Crypto Custody Service
BK obtains SEC's approval to expand into bitcoin and ether ETFs and offer crypto-custody services to tap into the sector growth.
09/27 16:41 EST - businesswire.com
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable October 31, 2024 to shareholders of record on October 15, 2024, with an ex-dividend date of October 15, 2024.   Fund   Ticker Monthly Distribution Per S.
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable October 31, 2024 to shareholders of record on October 15, 2024, with an ex-dividend date of October 15, 2024.   Fund   Ticker Monthly Distribution Per S.
09/25 12:50 EST - zacks.com
The Bank of New York Mellon Corporation (BK) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
The Bank of New York Mellon Corporation (BK) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
09/24 10:36 EST - marketwatch.com
BNY Mellon offers ‘prolonged double-digit annual earnings per share growth': analyst
Bank of New York Mellon Corp.'s stock has drawn an upgrade to buy from Deutsche Bank on prospects for the financial giant to offer double-digit annual percentage growth in earnings per share at least through 2026.
BNY Mellon offers ‘prolonged double-digit annual earnings per share growth': analyst
Bank of New York Mellon Corp.'s stock has drawn an upgrade to buy from Deutsche Bank on prospects for the financial giant to offer double-digit annual percentage growth in earnings per share at least through 2026.
09/23 13:43 EST - forbes.com
Stocks This Week: Buy Qualcomm And Bank Of New York
This week has historically been the most bearish one in the history of the S&P 500 and the DJIA. Since 1928.
Stocks This Week: Buy Qualcomm And Bank Of New York
This week has historically been the most bearish one in the history of the S&P 500 and the DJIA. Since 1928.
09/23 07:03 EST - prnewswire.com
BNY Releases The Voice of Community Banks Survey
The survey looked at the current state of community banks across the country—and the findings reveal what community banks need to stay competitive and help their communities thrive NEW YORK, Sept. 23, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, released today the results of a 2024 survey of community banks that it conducted with the Harris Poll, a global market research firm.
BNY Releases The Voice of Community Banks Survey
The survey looked at the current state of community banks across the country—and the findings reveal what community banks need to stay competitive and help their communities thrive NEW YORK, Sept. 23, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, released today the results of a 2024 survey of community banks that it conducted with the Harris Poll, a global market research firm.
09/19 11:27 EST - seekingalpha.com
Bank of New York Mellon: Appealing Price With A Solid Moat
Bank of New York Mellon is the largest custody bank globally, with $49.5 trillion in assets under custody and diversified revenue streams. The bank's dividend has shown resilience, growing at a 12.7% CAGR since 2009, with a conservative payout ratio and high safety ratings. Valuation suggests a 13% margin of safety based on a dividend discount model, with promising EPS growth compared to peers. All this suggests a buy rating.
Bank of New York Mellon: Appealing Price With A Solid Moat
Bank of New York Mellon is the largest custody bank globally, with $49.5 trillion in assets under custody and diversified revenue streams. The bank's dividend has shown resilience, growing at a 12.7% CAGR since 2009, with a conservative payout ratio and high safety ratings. Valuation suggests a 13% margin of safety based on a dividend discount model, with promising EPS growth compared to peers. All this suggests a buy rating.
09/19 09:36 EST - zacks.com
Should You Buy BK Stock as it Hits All-Time High on Fed Cuts Rates?
Shares of The Bank of New York Mellon Corporation BK, popularly known as BNY Mellon, have performed well this year. The stock touched its all-time high of $71.80 during Wednesday's trading session as the Federal Reserve announced a cut of 50 basis points (bps) in interest rates.
Should You Buy BK Stock as it Hits All-Time High on Fed Cuts Rates?
Shares of The Bank of New York Mellon Corporation BK, popularly known as BNY Mellon, have performed well this year. The stock touched its all-time high of $71.80 during Wednesday's trading session as the Federal Reserve announced a cut of 50 basis points (bps) in interest rates.
09/18 21:45 EST - prnewswire.com
BNY Decreases Prime Lending Rate to 8.0%
NEW YORK , Sept. 18, 2024 /PRNewswire/ -- BNY will decrease the Prime Lending Rate by 0.50%, from 8.50% to 8.00%, effective Thursday, September 19, 2024.
BNY Decreases Prime Lending Rate to 8.0%
NEW YORK , Sept. 18, 2024 /PRNewswire/ -- BNY will decrease the Prime Lending Rate by 0.50%, from 8.50% to 8.00%, effective Thursday, September 19, 2024.
09/18 08:30 EST - prnewswire.com
BNY Announces Redemption of Floating Rate Senior Notes Due 2024
NEW YORK , Sept. 18, 2024Â /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and outstanding Floating Rate Senior Notes due October 25, 2024 (CUSIP 06406RAY3) (the "Notes").
BNY Announces Redemption of Floating Rate Senior Notes Due 2024
NEW YORK , Sept. 18, 2024Â /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and outstanding Floating Rate Senior Notes due October 25, 2024 (CUSIP 06406RAY3) (the "Notes").
09/17 11:35 EST - zacks.com
BNY Mellon to Roll Out Alts Bridge, Enhance Alternative Offerings
BK introduces the Alts Bridge platform to offer a comprehensive suite of alternative investment solutions to address rising demand among investors.
BNY Mellon to Roll Out Alts Bridge, Enhance Alternative Offerings
BK introduces the Alts Bridge platform to offer a comprehensive suite of alternative investment solutions to address rising demand among investors.
09/16 05:00 EST - prnewswire.com
BNY to Launch Alts Bridge Platform Broadening Investor Access to Alternative Products
Through Alts Bridge, BNY will deliver to wealth intermediaries, advisors, and investors a complete and integrated set of solutions across the alternative investment lifecycle NEW YORK , Sept. 16, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has today announced Alts BridgeSMÂ ("Alts Bridge"), a comprehensive data, software, and services solution built to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience.
BNY to Launch Alts Bridge Platform Broadening Investor Access to Alternative Products
Through Alts Bridge, BNY will deliver to wealth intermediaries, advisors, and investors a complete and integrated set of solutions across the alternative investment lifecycle NEW YORK , Sept. 16, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has today announced Alts BridgeSMÂ ("Alts Bridge"), a comprehensive data, software, and services solution built to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience.
09/10 10:46 EST - zacks.com
Is The Bank of New York Mellon (BK) Stock Outpacing Its Finance Peers This Year?
Here is how The Bank of New York Mellon Corporation (BK) and Brixmor Property (BRX) have performed compared to their sector so far this year.
Is The Bank of New York Mellon (BK) Stock Outpacing Its Finance Peers This Year?
Here is how The Bank of New York Mellon Corporation (BK) and Brixmor Property (BRX) have performed compared to their sector so far this year.
09/09 12:50 EST - zacks.com
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
09/06 10:06 EST - zacks.com
BNY Mellon Signs an Agreement to Take Over Archer Holdco
BK's acquisition of Archer, a service provider of managed account solutions, should help it enhance its enterprise platform to support retail managed accounts.
BNY Mellon Signs an Agreement to Take Over Archer Holdco
BK's acquisition of Archer, a service provider of managed account solutions, should help it enhance its enterprise platform to support retail managed accounts.