Summary
59.42 -0.46(-0.77%)07/08/2024
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 |
| -0.77 | -0.01 | 1.66 | 5.54 | 14.31 | 37.26 | 54.58 | 11,172.47 |
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| Trading Data | ||
| Close | 59.42 | |
| Open | 60.04 | |
| High | 60.15 | |
| Low | 59.19 | |
| Volume | 1,503,433 | |
| Change | -0.46 | |
| Change % | -0.77 | |
| Avg Volume (20 Days) | 2,156,218 | |
| Volume/Avg Volume (20 Days) Ratio | 0.70 | |
| 52 Week Range | 39.66 - 60.91 | |
| Price vs 52 Week High | -2.45% | |
| Price vs 52 Week Low | 49.82% | |
| Range | -0.84 | |
| Gap Up/Down | -0.52 | |
Fundamentals | ||
| Market Capitalization (Mln) | 44,779 | |
| 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 | |
07/08 06:00 EST - forbes.com
BNY Mellon Stock Is Up 16% YTD; Is There Room For More Growth?
BNY Mellon stock (NYSE: BK) has gained 16% YTD which is at par with the S&P500 index over the same period. In comparison, BNY Mellon's peer BlackRock (NYSE: BLK) is up 5% YTD.
BNY Mellon Stock Is Up 16% YTD; Is There Room For More Growth?
BNY Mellon stock (NYSE: BK) has gained 16% YTD which is at par with the S&P500 index over the same period. In comparison, BNY Mellon's peer BlackRock (NYSE: BLK) is up 5% YTD.
07/02 11:15 EST - prnewswire.com
Jose Minaya Joins BNY as Global Head of BNY Investments and Wealth
NEW YORK , July 2, 2024 /PRNewswire/ -- BNY has appointed Jose Minaya as Global Head of BNY Investments and Wealth. Mr. Minaya will join the company on September 3, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee.
Jose Minaya Joins BNY as Global Head of BNY Investments and Wealth
NEW YORK , July 2, 2024 /PRNewswire/ -- BNY has appointed Jose Minaya as Global Head of BNY Investments and Wealth. Mr. Minaya will join the company on September 3, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee.
07/02 10:07 EST - zacks.com
5 S&P 500 Banks That Outperformed the Index in the First Half
Investors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations, decent lending and modest economic growth. So, banks - Citigroup (C), Wells Fargo (WFC), JPMorgan (JPM), Bank of America (BAC) and BNY Mellon (BK) - outperform the S&P 500 index.
5 S&P 500 Banks That Outperformed the Index in the First Half
Investors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations, decent lending and modest economic growth. So, banks - Citigroup (C), Wells Fargo (WFC), JPMorgan (JPM), Bank of America (BAC) and BNY Mellon (BK) - outperform the S&P 500 index.
07/02 05:11 EST - zacks.com
BNY Mellon (BK) Intends to Hike Quarterly Dividend by 11.9%
BNY Mellon (BK) plans to increase quarterly cash dividend by 11.9% to 47 cents per share following the 2024 stress test results, which reflect a robust and resilient balance sheet and capital position.
BNY Mellon (BK) Intends to Hike Quarterly Dividend by 11.9%
BNY Mellon (BK) plans to increase quarterly cash dividend by 11.9% to 47 cents per share following the 2024 stress test results, which reflect a robust and resilient balance sheet and capital position.
07/01 08:44 EST - marketwatch.com
This is how much the largest 20 U.S. banks raised dividends after stress tests
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients early Monday.
This is how much the largest 20 U.S. banks raised dividends after stress tests
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients early Monday.
06/28 16:35 EST - prnewswire.com
BNY Announces Intention to Increase Quarterly Common Stock Dividend by 12 Percent to $0.47 per Share
NEW YORK , June 28, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced its intention to increase its quarterly cash dividend on its common shares by 12% from $0.42 to $0.47 per share, commencing as early as the third quarter of 2024, subject to approval by the company's Board of Directors. On June 26, 2024, the Federal Reserve released the results of its 2024 bank stress test, which demonstrate the resilience and strength of BNY's business model and capital position.
BNY Announces Intention to Increase Quarterly Common Stock Dividend by 12 Percent to $0.47 per Share
NEW YORK , June 28, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced its intention to increase its quarterly cash dividend on its common shares by 12% from $0.42 to $0.47 per share, commencing as early as the third quarter of 2024, subject to approval by the company's Board of Directors. On June 26, 2024, the Federal Reserve released the results of its 2024 bank stress test, which demonstrate the resilience and strength of BNY's business model and capital position.
06/27 17:13 EST - youtube.com
Fed cuts are on the horizon, 'even if they're pushed off', says BNY Mellon's Jake Jolly
Lori Calvasina, RBC Capital Markets head of US equity strategy, and Jake Jolly, BNY Mellon head of investment analysis, joins 'Closing Bell Overtime' to talk the day's market action.
Fed cuts are on the horizon, 'even if they're pushed off', says BNY Mellon's Jake Jolly
Lori Calvasina, RBC Capital Markets head of US equity strategy, and Jake Jolly, BNY Mellon head of investment analysis, joins 'Closing Bell Overtime' to talk the day's market action.
06/27 10:53 EST - marketwatch.com
This bank stock's unique combination makes it a bargain
On Wednesday, Keefe, Bruyette & Woods analyst David Konrad upgraded Bank of New York Mellon Corp.'s stock to an “Outperform” rating, citing its “scale, diversification and expectations for widening profitability gap to peers led by strong expense control.”
This bank stock's unique combination makes it a bargain
On Wednesday, Keefe, Bruyette & Woods analyst David Konrad upgraded Bank of New York Mellon Corp.'s stock to an “Outperform” rating, citing its “scale, diversification and expectations for widening profitability gap to peers led by strong expense control.”
06/20 12:15 EST - zacks.com
High Rates to Support BNY Mellon's (BK) Top Line Amid Cost Woes
Global expansion efforts and a solid balance sheet are expected to support BNY Mellon's (BK) top line. However, elevated expenses are worrisome.
High Rates to Support BNY Mellon's (BK) Top Line Amid Cost Woes
Global expansion efforts and a solid balance sheet are expected to support BNY Mellon's (BK) top line. However, elevated expenses are worrisome.
06/18 11:00 EST - prnewswire.com
Leigh-Ann Russell to Join BNY as Chief Information Officer
NEW YORK , June 18, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced the appointment of Leigh-Ann Russell as Chief Information Officer and Global Head of Engineering. Ms. Russell will join the company on September 15, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee.
Leigh-Ann Russell to Join BNY as Chief Information Officer
NEW YORK , June 18, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced the appointment of Leigh-Ann Russell as Chief Information Officer and Global Head of Engineering. Ms. Russell will join the company on September 15, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee.
06/18 10:45 EST - zacks.com
JPMorgan, BNY Mellon Mull Entering India Asset Management Market
JPMorgan (JPM) and BNY Mellon (BK) are mulling to enter India's rapidly-growing asset management industry.
JPMorgan, BNY Mellon Mull Entering India Asset Management Market
JPMorgan (JPM) and BNY Mellon (BK) are mulling to enter India's rapidly-growing asset management industry.
06/17 12:51 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?
06/11 10:47 EST - pymnts.com
Bank of New York Mellon Rebrands as BNY
Say goodbye to Bank of New York Mellon and hello to BNY. The bank — America's oldest — is updating its logo and taking BNY as its new name, it announced in a Tuesday (June 11) press release.
Bank of New York Mellon Rebrands as BNY
Say goodbye to Bank of New York Mellon and hello to BNY. The bank — America's oldest — is updating its logo and taking BNY as its new name, it announced in a Tuesday (June 11) press release.
06/10 13:54 EST - marketwatch.com
The bank stocks that conservative investors should consider
That's for at least two reasons. The first is higher interest rates: Many commercial mortgages are five-year balloons, which means that many loans extended at low rates in 2019 are repricing this year at much higher rates.
The bank stocks that conservative investors should consider
That's for at least two reasons. The first is higher interest rates: Many commercial mortgages are five-year balloons, which means that many loans extended at low rates in 2019 are repricing this year at much higher rates.
06/07 13:06 EST - investors.com
New York Bank Stock Flashes Two Buy Points As It Hits Highs
This New York bank stock climbed to a 52-week high and gained 52% from its low. A health care stock is in also in buy zone at a high.
New York Bank Stock Flashes Two Buy Points As It Hits Highs
This New York bank stock climbed to a 52-week high and gained 52% from its low. A health care stock is in also in buy zone at a high.
06/06 08:30 EST - prnewswire.com
BNY Mellon Announces Redemption of 3.430% Fixed Rate / Floating Rate Callable Senior Notes Due 2025
NEW YORK , June 6, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK), the global financial services company, today announced that it will redeem all of the issued and outstanding 3.430% Fixed Rate / Floating Rate Callable Senior Notes due June 13, 2025 (CUSIP 06406RBF3) (the "Notes"). The Notes have an outstanding aggregate principal amount of $362,688,000.
BNY Mellon Announces Redemption of 3.430% Fixed Rate / Floating Rate Callable Senior Notes Due 2025
NEW YORK , June 6, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK), the global financial services company, today announced that it will redeem all of the issued and outstanding 3.430% Fixed Rate / Floating Rate Callable Senior Notes due June 13, 2025 (CUSIP 06406RBF3) (the "Notes"). The Notes have an outstanding aggregate principal amount of $362,688,000.
06/05 13:51 EST - youtube.com
What to Know About BNY Mellon's Pershing Wove 2.0
Ainslie Simmonds, President of Pershing X, Head of Strategy for BNY Mellon's Pershing, and Head of Product Management for BNY Mellon, joins Bloomberg Intelligence Live at INSITE to discuss the future of BNY Mellon, Pershing X and what's in store for Wove 2.0.
What to Know About BNY Mellon's Pershing Wove 2.0
Ainslie Simmonds, President of Pershing X, Head of Strategy for BNY Mellon's Pershing, and Head of Product Management for BNY Mellon, joins Bloomberg Intelligence Live at INSITE to discuss the future of BNY Mellon, Pershing X and what's in store for Wove 2.0.
06/05 12:55 EST - zacks.com
BNY Mellon (BK) Expands Indexing Suite, Launches Tax Solutions
BNY Mellon (BK) expands its direct indexing suite and launches customized tax solutions.
BNY Mellon (BK) Expands Indexing Suite, Launches Tax Solutions
BNY Mellon (BK) expands its direct indexing suite and launches customized tax solutions.
06/05 11:50 EST - zacks.com
BNY Mellon (BK) Boosts Investment Solutions via Bundle Services
BNY Mellon (BK) reveals a unified offering to its clients to offer a comprehensive investment solution at a reduced cost. This strategic move aligns with the bank's strategy to boost the client base.
BNY Mellon (BK) Boosts Investment Solutions via Bundle Services
BNY Mellon (BK) reveals a unified offering to its clients to offer a comprehensive investment solution at a reduced cost. This strategic move aligns with the bank's strategy to boost the client base.
06/05 09:00 EST - prnewswire.com
Dreyfus Launches BOLD® Future, Bringing the Power of BOLD to Retail Investors
BOLD ® Future offers retail clients the opportunity to make a social impact through Dreyfus' flagship money fund in partnership with Howard University NEW YORK , June 5, 2024 /PRNewswire/ -- Dreyfus, BNY Mellon's affiliated liquidity manager, today announced the launch of BOLD® Future, a new share class for retail investors of the Dreyfus Government Cash Management fund. Building on the demand from institutional investors for BOLD, which stands for Black Opportunity for Learning and Development, BOLD Future will support Howard University's Graduation, Retention, and Access to Continued Excellence (GRACE) Grant by making an annual donation of 10% of the net revenue 1 of the share class to a dedicated scholarship within the GRACE Grant.
Dreyfus Launches BOLD® Future, Bringing the Power of BOLD to Retail Investors
BOLD ® Future offers retail clients the opportunity to make a social impact through Dreyfus' flagship money fund in partnership with Howard University NEW YORK , June 5, 2024 /PRNewswire/ -- Dreyfus, BNY Mellon's affiliated liquidity manager, today announced the launch of BOLD® Future, a new share class for retail investors of the Dreyfus Government Cash Management fund. Building on the demand from institutional investors for BOLD, which stands for Black Opportunity for Learning and Development, BOLD Future will support Howard University's Graduation, Retention, and Access to Continued Excellence (GRACE) Grant by making an annual donation of 10% of the net revenue 1 of the share class to a dedicated scholarship within the GRACE Grant.