The Bank of New York Mellon Corporation (BK)
| Market Cap | 56.23B |
| Revenue (ttm) | 18.82B |
| Net Income (ttm) | 4.53B |
| Shares Out | 717.97M |
| EPS (ttm) | 6.13 |
| PE Ratio | 12.77 |
| Forward PE | 11.42 |
| Dividend | $1.88 (2.40%) |
| Ex-Dividend Date | Apr 21, 2025 |
| Volume | 1,385,633 |
| Open | 78.23 |
| Previous Close | 77.52 |
| Day's Range | 77.44 - 79.05 |
| 52-Week Range | 52.64 - 90.34 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 89.36 (+14.1%) |
| Earnings Date | Apr 11, 2025 |
About BK
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. It 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 segm... [Read more]
Financial Performance
In 2024, BNY Mellon's revenue was $18.55 billion, an increase of 5.52% compared to the previous year's $17.58 billion. Earnings were $4.34 billion, an increase of 41.38%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for BK stock is "Buy." The 12-month stock price forecast is $89.36, which is an increase of 14.10% from the latest price.
News
Big Banks Alarmed After Their Regulator Gets Hacked
JPMorgan and others have paused some electronic information-sharing with the OCC.
BNY Mellon: A Stagflation Winner At A Fair Valuation
BNY Mellon has shown strong performance with shares up 41% over the past year, driven by elevated interest rates and robust cost controls. The bank's Q1 results were solid, with earnings of $1.58 per ...
Fresh debt from JPMorgan, Morgan Stanley draws warm reception from investors
JPMorgan Chase & Co., Morgan Stanley and Bank of New York Mellon Corp. drew a warm reception to billions of new corporate bond issuance on Monday, as yield spreads against U.S. Treasurys fell in a sig...
The Bank of New York Mellon Corporation (BK) Q1 2025 Earnings Call Transcript
The Bank of New York Mellon Corporation (NYSE:BK) Q1 2025 Earnings Conference Call April 11, 2025 11:00 AM ET Company Participants Marius Merz - Head of IR Robin Vince - President and CEO Dermot McDo...
BNY Mellon CEO on earnings beat, the treasury market and more
Robin Vince, Bank of New York Mellon CEO, joins 'The Exchange' to discuss financial earnings, the state of the economy and bank regulation.
BNY Declares Dividends
NEW YORK , April 11, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared dividend...
BNY Reports First Quarter 2025 Results
NEW YORK , April 11, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the first quarter 2025. Th...
Bank of New York Mellon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
The Bank of New York Mellon Corporation BK will release its first-quarter financial results before the opening bell on Friday, April 11.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Dates of Quarterly Tender Offer
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced that the Fund's Board of Directors has approved the Fund's quarterly tender offer (t...
Reality Defender Announces Strategic Investments from BNY, Samsung Next, and Fusion Fund
NEW YORK , April 3, 2025 /PRNewswire/ -- Reality Defender, the RSA Innovation Sandbox-winning deepfake and AI-generated media detection platform, today announced strategic investments from BNY (NYSE: ...
BNY 2025 Annual Meeting of Stockholders
NEW YORK, April 1, 2025 /PRNewswire/ -- As previously announced, The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, will hold the 2025 Annual Meeting of S...
Earn A Potentially 12%-15% Income: Monthly Options Series (April 2025)
We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable income strategy for Opti...
BK.PR.K: A 6.15% Investment Grade IPO From The Bank Of New York Mellon
The Bank of New York Mellon Corporation's new preferred stock, BK-K, offers a 6.15% annual dividend, resetting every five years post-2030 based on the U.S. five-year Treasury rate plus 2.161%. BK-K is...
BNY Announces Redemption of Floating Rate Senior Notes Due 2025
NEW YORK , March 17, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and out...
Wall Street powerhouse BNY takes minority stake in EquiLend
EquiLend, a fintech at the heart of securities lending on Wall Street, said on Thursday it has secured a minority investment from an affiliate of U.S. banking giant BNY.
EquiLend Secures Minority Investment from BNY
Strategic investment builds on long-standing collaboration between the two organizations NEW YORK , March 13, 2025 /PRNewswire/ -- EquiLend, the global leader in technology, data and analytics solutio...
BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock
NEW YORK , March 7, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten public offering...
BNY Mellon Municipal Closed-End Fund Announces Proposed Reorganization With and Into a BNY Mellon Municipal Open-End Fund
NEW YORK--(BUSINESS WIRE)--The Board of Directors of BNY Mellon Municipal Income, Inc. (the "Fund"), a registered closed-end fund, approved the reorganization of the Fund with and into BNY Mellon AMT-...
BNY Announces Redemption of Floating Rate Callable Senior Bank Notes Due 2026
NEW YORK , March 5, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that The Bank of New York Mellon, its wholly-o...
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution
NEW YORK--(BUSINESS WIRE)--On February 27, 2025, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on Apri...
BNY Teams With OpenAI to Bring ‘Transformational' AI to Banking
OpenAI launched a multiyear agreement with BNY, the oldest bank in the United States. The partnership gives BNY — formerly Bank of New York Mellon — access to OpenAI artificial intelligence tools like...
Bank Of New York Mellon Upgraded To Buy As Further Upside Expected In 2025
Bank Of New York Mellon Upgraded To Buy As Further Upside Expected In 2025
BNY to Report First Quarter 2025 Results on April 11, 2025
NEW YORK , Feb. 21, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, will report financial results for the first quarter 2025 on Fr...