- Asset Management
- Financial Services
-
4.51
EPS
-
13.76
P/E
-
45.8B
MARKET CAP
-
2.79%
DIV YIELD
Company Overview
240 GREENWICH STREET,NEW YORK NY 10286,212-495-1784
CEO
Mr. Robin Antony Vince
Employess
52000
Sector
Financial Services
Industry
Asset Management
Website
https://www.bnymellon.com
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
Next Earnings Date
Oct. 15, 2024
Ex Dividends date
Aug. 02, 2024
Dividend Date
July 22, 2024
YTD Performance
17.91%
Fiscal Year End
12-31
IPO Date
1973-05-03
Growth Rates
| (avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
|---|---|---|---|---|
| Sales/Revenue | 1.74% | 2.72% | 3.78% | 7.85% |
| EPS | 8.32% | -0.31% | 0.43% | 33.68% |
| Equity | 0.86% | 0.12% | -3.72% | 0.34% |
| Cash | -1.53% | 7.30% | -8.85% | 9.96% |
| Return On Capital (ROIC) | 5.26% | 4.30% | 4.09% | 3.04% |
Debt
| year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Short Term Debt | 36,700 | 41,700 | 39,900 | 41,600 | 3,960 |
| Long Term Debt | 28,200 | 30,900 | 26,700 | 26,300 | 28,100 |
| LT Finance Leases | 1,160 | 1,130 | 1,320 | 1,420 | 1,490 |
| Shares Outstanding | 784 | 811 | 852 | 891 | 940 |
| Market Cap | 40,800 | 36,900 | 49,500 | 37,800 | 47,300 |
Price
News
Why The Bank of New York Mellon Corporation (BK) is a Top Dividend Stock for Your Portfolio
1 monthDividends 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?
zacks.com
Are You Looking for a Top Momentum Pick? Why The Bank of New York Mellon Corporation (BK) is a Great Choice
2 monthsDoes The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
Is the Options Market Predicting a Spike in The Bank of New York (BK) Stock?
2 monthsInvestors need to pay close attention to The Bank of New York (BK) stock based on the movements in the options market lately.
zacks.com
WKC or BE: Which Is the Better Value Stock Right Now?
2 monthsInvestors interested in Alternative Energy - Other stocks are likely familiar with World Kinect (WKC) and Bloom Energy (BE). But which of these two stocks offers value investors a better bang for their buck right now?
zacks.com
The Bank of New York Mellon Corporation (BK) is a Top Dividend Stock Right Now: Should You Buy?
2 monthsDividends 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?
zacks.com
6 Upcoming Dividend Increases Including A King
2 monthsSix new dividend increases, including Lowe's with a 4.5% increase, extending its 62-year streak. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. Data sourced from U.S. Dividend Champions and NASDAQ, companies must have at least 5 years of dividend growth history.
seekingalpha.com
The Bank of New York Mellon Corporation (BK) is a Great Momentum Stock: Should You Buy?
2 monthsDoes The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
Bank of New York Mellon Q2 Review: Strong Earnings And Upside Potential
2 monthsThe Bank of New York Mellon's latest Q2 earnings shows growth across all segments. The dividend was recently increased by 12%. BK has averaged a double-digit growth rate over the last decade, making it a potential income play. A dividend discount calculation shows a potential 12.7% upside with estimated fair price of $73.33 per share. This is assuming that the business is able to grow earnings at 6%.
seekingalpha.com
BNY Mellon downgraded to neutral. It's now ‘fairly valued,' analyst says.
2 monthsBank of New York Mellon Corp.'s stock was downgraded to neutral from buy on Monday by Citigroup analyst Keith Horowitz despite the bank's strong second-quarter earnings, with Horowitz citing its current market valuation.
marketwatch.com
Why BNY Stock Price Hit a Record High Friday While Other Bank Stocks Fell
2 monthsShares of Bank of New York Mellon, now known simply as BNY (BK), hit an all-time high Friday after the bank posted better-than-expected results and raised its dividend.
investopedia.com
The Bank of New York Mellon Corporation (BK) Q2 2024 Earnings Call Transcript
2 monthsThe Bank of New York Mellon Corporation (NYSE:BK ) Q2 2024 Earnings Call Transcript July 12, 2024 9:30 AM ET Company Participants Marius Merz - Head of IR Robin Vince - President and CEO Dermot McDonogh - CFO Conference Call Participants Ken Usdin - Jefferies Glenn Schorr - Evercore ISI Ebrahim Poonawala - Bank of America Steven Chubak - Wolfe Research Brennan Hawken - UBS Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Securities Alex Blostein - Goldman Sachs Gerard Cassidy - RBC Brian Bedell - Deutsche Bank Rajiv Bhatia - Morningstar Operator Good morning and welcome to the 2024 Second Quarter Earnings Conference Call hosted by BNY. At this time, all participants are in a listen-only mode.
seekingalpha.com
Bank of NY's stock leaps toward a record after earnings beat, raised dividend
2 monthsShares of Bank of New York Mellon Corp. ran up into record territory Friday, after the trust bank reported a second-quarter earnings beat and approved a 12% boost to its dividend.
marketwatch.com