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Bank of New York Mellon (BK) Stock

Profile

Full Name:

The Bank of New York Mellon Corporation

Country:

United States

IPO:

03 May 1973

Indexes:

Description:

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.

Key Details

Price

$84.00

TTM Dividend Yield

2.18%(-26.85% YoY)

Annual Revenue

$18.26 B(+5.58% YoY)

Annual EPS

$5.80(+49.87% YoY)

PE Ratio

14.46(+5.93% YoY)

Beta

0.73

Events Calendar

Earnings

Next earnings date:

Apr 16, 2025

Recent quarterly earnings:

Jan 15, 2025

Recent annual earnings:

Jan 15, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 27, 2025
Splits

Next split:

N/A

Recent split:

July 02, 2007

Analyst ratings

Recent major analysts updates

21 Jan '25 UBS
Buy
16 Jan '25 Wells Fargo
Equal-Weight
16 Jan '25 Truist Securities
Buy
16 Jan '25 Morgan Stanley
Overweight
16 Jan '25 Evercore ISI Group
In-Line
16 Jan '25 Deutsche Bank
Buy
16 Jan '25 Barclays
Overweight
16 Jan '25 B of A Securities
Buy
07 Jan '25 Truist Securities
Buy
06 Jan '25 Barclays
Overweight

Market Data

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Institutional Ownership

Bank of New York Mellon and Fox Show Value and Momentum
Bank of New York Mellon and Fox Show Value and Momentum
Bank of New York Mellon and Fox Show Value and Momentum
BK
GuruFocus.com03 February 2025

Stocks that show strong value and positive momentum.

Why The Bank of New York Mellon Corporation (BK) is a Great Dividend Stock Right Now
Why The Bank of New York Mellon Corporation (BK) is a Great Dividend Stock Right Now
Why The Bank of New York Mellon Corporation (BK) is a Great Dividend Stock Right Now
BK
zacks.com03 February 2025

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?

The shadow of Trump looms over a cautious Fed
The shadow of Trump looms over a cautious Fed
The shadow of Trump looms over a cautious Fed
BK
Yahoo Finance27 January 2025

This week, the Federal Reserve will hold its first meeting of 2025, facing the influence of a new US president who is already creating difficulties for the central bank through his statements and potential actions.

Are You Looking for a Top Momentum Pick? Why The Bank of New York Mellon Corporation (BK) is a Great Choice
Are You Looking for a Top Momentum Pick? Why The Bank of New York Mellon Corporation (BK) is a Great Choice
Are You Looking for a Top Momentum Pick? Why The Bank of New York Mellon Corporation (BK) is a Great Choice
BK
zacks.com20 January 2025

Is The Bank of New York Mellon Corporation (BK) a strong choice for momentum investors? Let's investigate.

Bank Of New York Mellon's Differentiated Business Mix And NII Growth Signal Upside: Goldman Sachs
Bank Of New York Mellon's Differentiated Business Mix And NII Growth Signal Upside: Goldman Sachs
Bank Of New York Mellon's Differentiated Business Mix And NII Growth Signal Upside: Goldman Sachs
BK
benzinga.com16 January 2025

On Thursday, shares of the Bank of New York Mellon Corporation (BK) are experiencing a small decline.

Why The Bank of New York Mellon Corporation (BK) is a Top Dividend Stock for Your Portfolio
Why The Bank of New York Mellon Corporation (BK) is a Top Dividend Stock for Your Portfolio
Why The Bank of New York Mellon Corporation (BK) is a Top Dividend Stock for Your Portfolio
BK
zacks.com16 January 2025

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?

S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index
S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index
S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index
BK
Investopedia15 January 2025

On Wednesday, January 15, the S&P 500 rose by 1.8% after a number of financial companies shared strong earnings, and a slight decrease in core inflation raised expectations for interest rate cuts.

The Bank of New York Mellon Corporation (BK) Q4 2024 Earnings Call Transcript
The Bank of New York Mellon Corporation (BK) Q4 2024 Earnings Call Transcript
The Bank of New York Mellon Corporation (BK) Q4 2024 Earnings Call Transcript
BK
seekingalpha.com15 January 2025

The Bank of New York Mellon Corporation (NYSE:BK) held its Q4 2024 Earnings Call on January 15, 2025, at 12:00 PM ET. Key company figures included Marius Merz, the Head of Investor Relations, Robin Vince, the President and CEO, and Dermot McDonogh, the CFO. The call began with the operator welcoming everyone and noting that participants were in listen-only mode.

Bank of New York Mellon Profit Climbs on Higher Fee Revenue, Lower Costs
Bank of New York Mellon Profit Climbs on Higher Fee Revenue, Lower Costs
Bank of New York Mellon Profit Climbs on Higher Fee Revenue, Lower Costs
BK
wsj.com15 January 2025

Bank of New York Mellon reported a significant increase in quarterly earnings due to higher fee and interest income, along with reduced costs compared to the previous year.

Here's What Key Metrics Tell Us About The Bank of New York Mellon (BK) Q4 Earnings
Here's What Key Metrics Tell Us About The Bank of New York Mellon (BK) Q4 Earnings
Here's What Key Metrics Tell Us About The Bank of New York Mellon (BK) Q4 Earnings
BK
zacks.com15 January 2025

While the revenue and earnings per share (EPS) for The Bank of New York Mellon (BK) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

FAQ

  • What is the primary business of Bank of New York Mellon?
  • What is the ticker symbol for Bank of New York Mellon?
  • Does Bank of New York Mellon pay dividends?
  • What sector is Bank of New York Mellon in?
  • What industry is Bank of New York Mellon in?
  • What country is Bank of New York Mellon based in?
  • When did Bank of New York Mellon go public?
  • Is Bank of New York Mellon in the S&P 500?
  • Is Bank of New York Mellon in the NASDAQ 100?
  • Is Bank of New York Mellon in the Dow Jones?
  • When was Bank of New York Mellon's last earnings report?
  • When does Bank of New York Mellon report earnings?
  • Should I buy Bank of New York Mellon stock now?

What is the primary business of 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 is the ticker symbol for Bank of New York Mellon?

The ticker symbol for Bank of New York Mellon is NYSE:BK

Does Bank of New York Mellon pay dividends?

Yes, Bank of New York Mellon pays dividends. The last payment was $0.47, with an ex-dividend date on 27 January 2025

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 based in?

Bank of New York Mellon is headquartered in United States

When did Bank of New York Mellon go public?

Bank of New York Mellon's initial public offering (IPO) was on 03 May 1973

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's last earnings report?

Bank of New York Mellon's most recent earnings report was on 15 January 2025

When does Bank of New York Mellon report earnings?

The next expected earnings date for Bank of New York Mellon is 16 April 2025

Should I buy Bank of New York Mellon stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions