Profile
Sector:
Financial ServicesIndustry:
Banks - DiversifiedCountry:
United StatesIPO:
03 May 1973Website:
http://www.bny.comNext earnings report:
15 January 2025Last dividends:
21 October 2024Next dividends:
N/APrice
regular market | 9 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
BK Latest News
Is The Bank of New York Mellon Corporation (BK) a strong choice for momentum investors? Let's investigate.
Lower interest rates and Donald Trump's potential re-election as President are likely to benefit BNY Mellon's finances through 2025, suggesting that BK stock is a good investment.
Is The Bank of New York Mellon Corporation (BK) a strong choice for momentum investors? Let's investigate.
The Bank of New York Mellon Corporation, known as BK, announced its third-quarter results on Friday, which were better than analysts had anticipated.
Ebrahim Poonawala, a senior analyst at Bank of America Securities, appears on 'Closing Bell Overtime' to discuss bank earnings and what we can anticipate from the earnings reports coming next week.
The Bank of New York Mellon Corporation (NYSE:BK) will hold its Q3 2024 Earnings Conference Call on October 11, 2024, at 11:00 AM ET. Key company representatives include Marius Merz, Robin Vince, and Dermot McDonogh, while analysts from various financial institutions will also participate. The call will begin with all participants in listen-only mode.
The Bank of New York Mellon Corporation (BK) reported quarterly earnings of $1.52 per share, which is higher than the Zacks Consensus Estimate of $1.41 per share. This is an increase compared to last year's earnings of $1.27 per share.
Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Does The Bank of New York Mellon Corporation (BK) meet the criteria?
Bank of New York Mellon's shares have increased by 75% over the last year, thanks to high interest rates and strong stock markets. Although the company reported good results in the second quarter and managed its expenses well, its valuation seems high compared to its competitors, which raises worries about future growth. For the third quarter, important points to watch include profit margins, trends in deposit costs, investment management plans, and returns to shareholders through dividends and buybacks.
Is The Bank of New York Mellon Corporation (BK) a strong choice for momentum investors? Let's investigate.
What type of business is Bank of New York Mellon?
Bank of New York Mellon Corporation is a global company headquartered in New York, providing banking and financial services to clients in the United States and abroad. It is the largest custodian bank with assets under management of $1.7 trillion and assets in custody of $33.1 trillion. It was formed in 2007 as a result of the merger between Bank of New York and Mellon Financial Corporation. The holding company's activities have two business segments: investment services and investment management. In addition, the "Other" segment includes leasing activities, derivative financial instruments, insurance, investments in renewable energy, and others.
What sector is Bank of New York Mellon in?
Bank of New York Mellon is in the Financial Services sector
What industry is Bank of New York Mellon in?
Bank of New York Mellon is in the Banks - Diversified industry
What country is Bank of New York Mellon from?
Bank of New York Mellon is headquartered in United States
When did Bank of New York Mellon go public?
Bank of New York Mellon initial public offering (IPO) was on 03 May 1973
What is Bank of New York Mellon website?
https://www.bny.com
Is Bank of New York Mellon in the S&P 500?
Yes, Bank of New York Mellon is included in the S&P 500 index
Is Bank of New York Mellon in the NASDAQ 100?
No, Bank of New York Mellon is not included in the NASDAQ 100 index
Is Bank of New York Mellon in the Dow Jones?
No, Bank of New York Mellon is not included in the Dow Jones index
When was Bank of New York Mellon the previous earnings report?
No data
When does Bank of New York Mellon earnings report?
The next expected earnings date for Bank of New York Mellon is 15 January 2025