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Bank of New York Mellon (BK)

NYSE
Currency in USD
80.62
+0.01(+0.01%)
Closed
After Hours
80.620.00(0.00%)
BK Scorecard
Full Analysis
Has raised its dividend for 14 consecutive years
Fair Value
Day's Range
79.9781.02
52 wk Range
49.4882.72
Key Statistics
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Prev. Close
80.61
Open
80.63
Day's Range
79.97-81.02
52 wk Range
49.48-82.72
Volume
3.6M
Average Volume (3m)
3.86M
1-Year Change
64.31%
Book Value / Share
51.02
Fair Value
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Fair Value Upside
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BK Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
83.04
Upside
+3.00%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings upwards for the upcoming period
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Bank Of NY Mellon Company Profile

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, 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. 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 Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

Bank Of New York Mellon SWOT Analysis


Financial Resilience
Bank of New York Mellon demonstrates strong performance with better-than-expected EPS and fee income, despite challenges in Net Interest Income and Margin.
Strategic Evolution
Explore BNY Mellon's innovative platform strategy, aimed at centralizing functions and unlocking significant earnings growth through enhanced efficiency.
Market Outlook
Analysts project over 4% annualized revenue growth from 2023-26, with price targets ranging from $58 to $80, reflecting varied views on the bank's potential.
Shareholder Focus
Learn about BNY Mellon's commitment to returning 100%+ of earnings to shareholders, including a new $6 billion buyback program representing 15% of market cap.
Read full SWOT analysis
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Bank Of New York Mellon Earnings Call Summary for Q4/2024

  • Q3 EPS up 22% YoY to $1.50; revenue rose 5% to $4.6B; assets under custody/admin topped $50T
  • Acquired Archer to boost asset servicing; launched Alts Bridge for wealth advisers; $1.1B returned to shareholders
  • Expects flat core expenses in 2024; aims to return >100% of earnings; forecasts Q4 net interest income ~$1B
  • Transitioning to platform operating model within 18 months; confident in medium-term ROTCE target of u226523%
  • Established AI hub with hundreds of employees to enhance revenue opportunities and improve efficiency
Last Updated: 13-10-2024, 03:08 pm
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Compare BK to Peers and Sector

Metrics to compare
BK
Peers
Sector
Relationship
P/E Ratio
17.5x12.3x8.8x
PEG Ratio
4.720.050.03
Price/Book
1.6x1.6x1.0x
Price / LTM Sales
3.3x3.0x2.8x
Upside (Analyst Target)
2.3%21.8%10.7%
Fair Value Upside
Unlock−3.3%3.2%Unlock

Analysts' Recommendations

11 Buy
5 Hold
1 Sell
Ratings:
16 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 83.04

(+3.01% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.45
Dividend Yield
2.33%
Industry Median 2.75%
Annualised payout
1.8800
Paid quarterly
5-Years Growth
+8.51%
Growth Streak

FAQ

What Is the Bank Of NY Mellon (BK) Stock Price Today?

The Bank Of NY Mellon stock price today is 80.62.

What Stock Exchange Does Bank Of NY Mellon Trade On?

Bank Of NY Mellon is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Bank Of NY Mellon?

The stock symbol for Bank Of NY Mellon is "BK."

Does Bank Of NY Mellon Pay Dividends? What’s The Current Dividend Yield?

The Bank Of NY Mellon dividend yield is 2.33%.

What Is the Bank Of NY Mellon Market Cap?

As of today, Bank Of NY Mellon market cap is 58.58B.

What is Bank Of NY Mellon Earnings Per Share?

The Bank Of NY Mellon EPS is 4.45.

What Is the Next Bank Of NY Mellon Earnings Date?

Bank Of NY Mellon will release its next earnings report on 14 Jan 2025.

From a Technical Analysis Perspective, Is BK a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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