The Bank of New York Mellon Corporation (BK)
- Previous Close
60.74 - Open
60.37 - Bid 59.08 x 1300
- Ask 59.10 x 800
- Day's Range
58.60 - 60.82 - 52 Week Range
39.66 - 60.87 - Volume
1,049,436 - Avg. Volume
3,372,006 - Market Cap (intraday)
44.167B - Beta (5Y Monthly) 1.07
- PE Ratio (TTM)
14.80 - EPS (TTM)
3.99 - Earnings Date Jul 12, 2024
- Forward Dividend & Yield 1.68 (2.77%)
- Ex-Dividend Date Apr 25, 2024
- 1y Target Est
64.50
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.
www.bnymellon.com52,100
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: BK
Performance Overview: BK
Trailing total returns as of 6/11/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: BK
Valuation Measures
Market Cap
45.42B
Enterprise Value
--
Trailing P/E
15.22
Forward P/E
11.25
PEG Ratio (5yr expected)
0.81
Price/Sales (ttm)
2.71
Price/Book (mrq)
1.25
Enterprise Value/Revenue
4.74
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
19.03%
Return on Assets (ttm)
0.77%
Return on Equity (ttm)
8.17%
Revenue (ttm)
17.49B
Net Income Avi to Common (ttm)
3.09B
Diluted EPS (ttm)
3.99
Balance Sheet and Cash Flow
Total Cash (mrq)
173.9B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: BK
Company Insights: BK
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Research Reports: BK
Argus Quick Note: Weekly Stock List for 06/03/2024: Financial Sector Stocks
Our rating on the Financial sector is Over-Weight. The Fed's rate-hike campaign is expanding net interest margins for banks. We also look for recovery in fee-based businesses, bond issuance, and M&A as the rate cycle winds down. Still, with inflation running hot, companies may cut back on hiring and investments, and thus on business loans. As of the end of April, the sector accounted for 13% of the S&P 500. The sector was outperforming the market with a gain of 12.0%. It underperformed the market in 2023, with a gain of 7% compared to a gain of 24% for the S&P 500. The sector includes money center banks, regional banks, investment banks and brokerages, exchanges, insurers, and financial data companies. Here are the Financial companies that either are on our Focus List or are used in our model portfolios.
Daily – Vickers Top Buyers & Sellers for 04/24/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Daily – Vickers Top Buyers & Sellers for 04/23/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Raising EPS estimates
BNY Mellon, the world's largest custody bank, is a global investment company that helps clients manage and service their financial assets throughout the investment lifecycle. The Investment Services segment offers custody and related services for corporations, foundations, endowments, government agencies, banks and others. The Investment Management segment provides solutions for institutional, intermediary, retirement, and retail markets. BNY Mellon delivers investment management and investment services in 35 countries and more than 100 markets.
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