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Bank of New York Mellon Corporation (BK)
NYSE:BK
RESEARCH TOOLSreports
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BK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$52.64 - $82.72
Previous CloseN/A
Volume816.62K
Average Volume (3M)3.67M
Market Cap
$54.84B
Enterprise Value$17.82B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$25.05B
Price to Earnings (P/E)16.4
Beta0.87
Next Earnings
Jan 15, 2025EPS Estimate
1.54Last Dividend Ex-Date
Oct 21, 2024Dividend Yield2.36%
Share Statistics
EPS (TTM)4.60
Shares Outstanding727,078,300
10 Day Avg. Volume3,171,371
30 Day Avg. Volume3,666,058
Standard Deviation0.08
R-Squared0.54
Alpha0.00030
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.07
Price to Cash Flow (P/CF)-43.90
P/FCF Ratio16.00
Enterprise Value/Market Cap0.32
Enterprise Value/Revenue0.99
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$88.32Price Target Upside16.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Bank of New York Mellon Corporation News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBNY delivered a third straight quarter of positive operating leverage, with fees beating expectations and strong new business pipelines across all segments.
Shareholder ReturnsBNY is positioned to return approximately 100% of net income per year, creating a compelling 10%+ EPS growth algorithm over the coming years.
Strategic ExecutionCEO Robin Vince and team execute on the firm's three strategic pillars: Be More For Our Clients, Run Our Company Better, and Power Our Culture.
Bears Say
EarningsThe expected share price return is relatively modest at 2.3%, suggesting limited growth potential.
Financial Guidance4Q guide down q/q to ~$1B as deposits have since moderated.
Financial PerformanceEstimates for 2026 are moving down due to changes in net interest income, primarily from revised assumptions on swaps.
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Ownership Overview
0.21% Insiders
29.72% Mutual Funds
0.13% Other Institutional Investors
47.63% Public Companies and Individual Investors
BK FAQ
What was Bank of New York Mellon Corporation’s price range in the past 12 months?
Bank of New York Mellon Corporation lowest stock price was $52.64 and its highest was $82.72 in the past 12 months.
What is Bank of New York Mellon Corporation’s market cap?
Bank of New York Mellon Corporation’s market cap is $54.84B.
When is Bank of New York Mellon Corporation’s upcoming earnings report date?
Bank of New York Mellon Corporation’s upcoming earnings report date is Jan 15, 2025 which is tomorrow.
How were Bank of New York Mellon Corporation’s earnings last quarter?
Bank of New York Mellon Corporation released its earnings results on Oct 11, 2024. The company reported $1.5 earnings per share for the quarter, beating the consensus estimate of $1.412 by $0.088.
Is Bank of New York Mellon Corporation overvalued?
According to Wall Street analysts Bank of New York Mellon Corporation’s price is currently Undervalued.
Does Bank of New York Mellon Corporation pay dividends?
Bank of New York Mellon Corporation pays a Quarterly dividend of $0.469 which represents an annual dividend yield of 2.36%. See more information on Bank of New York Mellon Corporation dividends here
What is Bank of New York Mellon Corporation’s EPS estimate?
Bank of New York Mellon Corporation’s EPS estimate is 1.54.
How many shares outstanding does Bank of New York Mellon Corporation have?
Bank of New York Mellon Corporation has 727,078,300 shares outstanding.
What happened to Bank of New York Mellon Corporation’s price movement after its last earnings report?
Bank of New York Mellon Corporation reported an EPS of $1.5 in its last earnings report, beating expectations of $1.412. Following the earnings report the stock price went down -0.392%.
Which hedge fund is a major shareholder of Bank of New York Mellon Corporation?
Among the largest hedge funds holding Bank of New York Mellon Corporation’s share is Dodge & Cox. It holds Bank of New York Mellon Corporation’s shares valued at 3B.
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Bank of New York Mellon Corporation Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$88.32 (16.04% Upside)
$88.32 (16.04% Upside)
Blogger Sentiment
Bullish
BK Sentiment 81%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 10.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.79%
12-Months-Change
Fundamentals
Return on Equity
8.86%
Trailing 12-Months
Asset Growth
5.48%
Trailing 12-Months
Company Description
Bank of New York Mellon Corporation
The Bank of New York Mellon Corp. is a bank holding company, which provides a range of financial services. It was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It operates through two segments: Investment Services and Investment Management.
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BK Company Deck
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BK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall, the earnings call highlighted strong financial performance with record earnings per share growth and strategic expansion efforts. However, challenges such as net outflows in certain investment management strategies and negative net new assets in Pershing were noted. The company's strategic priorities and investments indicate a positive outlook despite some ongoing challenges.Read More>---
BK Revenue Breakdown
64.08% Domestic
23.49% Europe, the Middle East and Africa
7.32% Asia-Pacific region
5.10% Other
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BK Stock 12 Month Forecast
Average Price Target
$88.32
▲(16.04% Upside)
Technical Analysis
State Street
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Best Analysts Covering BK
1 Year
1 Year Success Rate
27/36 ratings generated profit
1 Year Average Return
+16.64%
reiterated a buy rating 9 days ago
Copying Jason Goldberg's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +16.64% per trade.
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