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Bank of New York Mellon Corporation (BK)

Stock Price: $49.97 USD 0.14 (0.28%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
After-hours: $49.98 +0.01 (0.02%) Jul 23, 7:31 PM
Market Cap 43.13B
Revenue (ttm) 15.62B
Net Income (ttm) 3.34B
Shares Out 882.56M
EPS (ttm) 3.87
PE Ratio 12.92
Forward PE 12.66
Dividend $1.24
Dividend Yield 2.48%
Trading Day July 23
Last Price $49.97
Previous Close $49.83
Change ($) 0.14
Change (%) 0.28%
Day's Open 50.21
Day's Range 49.69 - 50.54
Day's Volume 4,411,871
52-Week Range 31.92 - 52.90

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NEW YORK, July 22, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced that it will redeem all of the issued and outstanding 3.55% Senior Notes due September 23, ...

2 days ago - PRNewsWire

NEW YORK, July 21, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) announced today that Akash Shah has been appointed Chief Growth Officer, effective immediately. ...

3 days ago - PRNewsWire

Rise in fee income and provision benefits support BNY Mellon's (BK) Q2 earnings as lower rates hurt interest income.

1 week ago - Zacks Investment Research

The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 10.78% and 1.24%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for...

1 week ago - Zacks Investment Research

NEW YORK, July 15, 2021 /PRNewswire/ --  Fee & other rev. up 3% NIR down 17% EPS up 12% ROE  10% ROTCE  19% (a) CET1  12.6% Tier 1 leverage  6.0% The Bank of New York Mellon Corporation ("BNY Mellon") (...

1 week ago - PRNewsWire

NEW YORK, July 15, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation (NYSE: BK) today announced that its Board of Directors authorized dividends on its common and preferred stock as follows: ...

1 week ago - PRNewsWire

Bank of New York Mellon (NYSE:BK) releases its next round of earnings this Thursday, July 15. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.

1 week ago - Benzinga

BNY Mellon is scheduled to report its fiscal Q2 2021 results on Thursday, July 15. We expect BNY Mellon to top the earnings and revenues expectations.

1 week ago - Forbes

BNY Mellon (BK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 week ago - Zacks Investment Research

BNY Mellon's (BK) asset balances are expected to have increased to some extent in second-quarter 2021, supported by inflows. Lower interest rates are expected to have hurt net interest revenues.

1 week ago - Zacks Investment Research

BNY Mellon (BK) agrees to acquire Milestone. The deal will help bolster its digital offerings and core capabilities.

2 weeks ago - Zacks Investment Research

The Bank of New York Mellon Corporation (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Of the 48 equities included in Berkshire Hathaway Inc.'s (NYSE: BRK-B) portfolio, 10 are financial sector stocks.

Other stocks mentioned: AON, AXP, BAC, BRK.A, BRK.B, GL, MA ...
2 weeks ago - 24/7 Wall Street

NEW YORK, July 8, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced it has entered into a definitive agreement to acquire Milestone Group ("Milestone"), a leadi...

2 weeks ago - PRNewsWire

NEW YORK, July 7, 2021 /PRNewswire/ -- BNY Mellon has performed strongly in the 2021 Euromoney FX Survey, topping the rankings in 18 categories, based upon the opinion of FX clients, peers and other cur...

2 weeks ago - PRNewsWire

NEW YORK, July 6, 2021 /PRNewswire/ -- BNY Mellon will report financial results for the second quarter 2021 on Thursday, July 15, 2021. Materials will be posted to BNY Mellon's website at approximately ...

2 weeks ago - PRNewsWire

CHICAGO, July 6, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Patrice Wetzel as Senior Client Strategist. In this role, Patrice works with ultra-high-net-worth families, including business ow...

2 weeks ago - PRNewsWire

NEW YORK, July 1, 2021 /PRNewswire/ -- BNY Mellon Wealth Management has appointed Alicia Levine as Head of Equities, Capital Markets Advisory and Vice Chair of Wealth Management's Investment Strategy Co...

3 weeks ago - PRNewsWire

NEW YORK, July 1, 2021 /PRNewswire/ -- BNY Mellon Wealth Management names Sinead Colton Grant as Global Head of BNY Mellon Investor Solutions, LLC ("Investor Solutions"). She will be leading the firm's ...

3 weeks ago - PRNewsWire

During the Federal Reserve's annual stress testing, these banks showed that they could withstand a severe recession and still generate a profit.

Other stocks mentioned: STT, USB
3 weeks ago - The Motley Fool

NEW YORK, June 28, 2021 /PRNewswire/ -- On June 24, 2021, the Federal Reserve released the results of the 2021 bank stress test, which demonstrates the resilience and strength of BNY Mellon's business m...

3 weeks ago - PRNewsWire

NEW YORK, June 28, 2021 /PRNewswire/ -- BNY Mellon Wealth Management has appointed Crystal Thompkins as Head of Philanthropic Solutions. Crystal leads and coordinates strategy for all of Wealth Manageme...

3 weeks ago - PRNewsWire

As the newest addition to its growing collection of liquidity management offerings, BNY Mellon Treasury Services has rolled out cross-currency sweeps, according to a Wednesday (June 23) announcement. Cr...

1 month ago - PYMNTS

NEW YORK, June 23, 2021 /PRNewswire/ -- BNY Mellon Treasury Services clients are now able to significantly enhance the efficiency of their cash management following the introduction of cross-currency sw...

1 month ago - PRNewsWire

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-B) portfolio includes nearly four dozen stocks.

Other stocks mentioned: AXP, BAC, BRK.A, BRK.B, DVA, KO
1 month ago - 24/7 Wall Street

NEW YORK, June 8, 2021 /PRNewswire/ -- BNY Mellon and Saphyre today announced the firms are working together to utilize AI technology to revolutionize the client experience and substantially automate an...

1 month ago - PRNewsWire

NEW YORK, June 3, 2021 /PRNewswire/ -- BNY Mellon plans to report financial results for the third quarter 2021 on Tuesday, October 19, 2021. Materials are expected to be posted to BNY Mellon's website a...

1 month ago - PRNewsWire

LONDON, June 2, 2021 /PRNewswire/ -- BNY Mellon has been appointed by Invesco Fund Management Limited and Invesco Management S.A. to provide transfer agency services to US$100bn* of their respective ICV...

1 month ago - PRNewsWire

LONDON, June 1, 2021 /PRNewswire/ -- BNY Mellon Wealth Management has appointed Barry Halpin as Regional Director in London, United Kingdom. Barry will start on 1st of June and report to Chuck Long, Hea...

1 month ago - PRNewsWire

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) today declared a distribution of $1.75 per share of common stock, payable on June 28, 2021 to share...

1 month ago - Business Wire

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Ratings of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of BNY Trade Insurance, Ltd. (BNY Trade) ...

1 month ago - Business Wire

NEW YORK, May 27, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Camille Alexander as Head of Sales – Investor Solutions, a newly created role. Camille will report to Jamie Lewin, Head of Produ...

1 month ago - PRNewsWire

NEW YORK, May 27, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Karen Wawrzaszek as the new Regional President for the DC area. She succeeds Camille Alexander, who was appointed Head of Sales-...

1 month ago - PRNewsWire

NEW YORK, May 26, 2021 /PRNewswire/ -- Emily Portney, Chief Financial Officer, and Paul Camp, Chief Executive Officer of BNY Mellon Treasury Services, will speak at the Morgan Stanley US Financials Conf...

1 month ago - PRNewsWire

NEW YORK, May 26, 2021 /PRNewswire/ -- BNY Mellon today announced that it has launched a first-of-its-kind real-time electronic bill (e-bill) and payment solution. Displacing the inefficient and antiqua...

1 month ago - PRNewsWire

DENVER, May 25, 2021 /PRNewswire/ -- BNY Mellon Wealth Management expands its Denver office with three new additions including Marie Dawson as senior fiduciary specialist, Steve Starzec as client strate...

1 month ago - PRNewsWire

NEW YORK, May 19, 2021 /PRNewswire/ -- The BNY Mellon U.S. Master Trust Universe returned a median +2.48% in the first quarter of 2021, continuing the streak of positive quarterly performance results st...

2 months ago - PRNewsWire

NEW YORK, May 18, 2021 /PRNewswire/ -- Roman Regelman, Chief Executive Officer of Asset Servicing and Head of Digital, will speak at the Deutsche Bank Global Financial Services Conference, at 2:10 p.m. ...

2 months ago - PRNewsWire

BOSTON, May 18, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Chad Van Den Top as Senior Client Strategist. Chad will advise ultra-high-net-worth families, business owners, private equity and ...

2 months ago - PRNewsWire

The T Rowe Price Equity Income Fund (Trades, Portfolio) bought shares of the following stocks during the first quarter of 2021, which ended on March 31.

Other stocks mentioned: CFG, ETR, IFF, SRE
2 months ago - GuruFocus

NEW YORK, May 10, 2021 /PRNewswire/ -- Hanneke Smits, Chief Executive Officer of BNY Mellon Investment Management, and Scott Freidenrich, Executive Vice President and Global Treasurer of BNY Mellon, wil...

2 months ago - PRNewsWire

NEW YORK, May 10, 2021 /PRNewswire/ -- Laide Majiyagbe has been appointed Head of Financing and Liquidity assuming oversight of BNY Mellon's Securities Finance, Liquidity Services and Collateral Segrega...

2 months ago - PRNewsWire

TAMPA, Fla., May 5, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Bryce Walker as Senior Client Strategist.

2 months ago - PRNewsWire

BNY Mellon stock (NYSE: BK) has rallied 92% since the March 23 lows of last year and 24% YTD. Further, at its current price of $50 per share, it is 5% below its fair value of $53 – Trefis' estimate for ...

2 months ago - Forbes

Wall Street banking giant Bank of New York Mellon Corp (NYSE:BK) said the performance of one of its exchange-traded funds was considerably impacted by its lack of exposure to crypto stocks. What Happene...

2 months ago - Benzinga

Bank of New York Mellon has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.6% yield

3 months ago - Forbes

The T Rowe Price Equity Income Fund (Trades, Portfolio), part of Baltimore-based T. Rowe Price Group Inc. (NASDAQ:TROW), disclosed this week that its top four trades during the first quarter included a ...

Other stocks mentioned: DD, IFF, SRE, TROW
3 months ago - GuruFocus

Morgan Stanley beats on investment banking surge, BNY Mellon tops estimates

YouTube video

Yahoo Finance's Brian Cheung breaks down Morgan Stanley's and BNY Mellon's first quarter earnings, along with key take aways from this week's earnings on big banks.

Other stocks mentioned: MS
3 months ago - Yahoo Finance

Morgan Stanley beats on investment banking surge, BNY Mellon tops estimates

YouTube video

Yahoo Finance's Brian Cheung breaks down Morgan Stanley's and BNY Mellon's first quarter earnings.

Other stocks mentioned: MS
3 months ago - Yahoo Finance

Bank of New York Mellon Corp. (NYSE: BK) published its earnings report for the fiscal first quarter on Friday that came in better than what analysts had anticipated. Its profit and revenue, however, was...

3 months ago - Invezz

About BK

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 three segments: Investment Services, Investment and Wealth Management, and Other. The Investment Service segment offers custody, trust and depositary, accounting, exchange-traded funds services, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, brokerage and data analytics, cle... [Read more...]

Industry
Asset Management
Founded
1784
CEO
Thomas Gibbons
Employees
48,800
Stock Exchange
NYSE
Ticker Symbol
BK
Full Company Profile

Financial Performance

In 2020, BK's revenue was $15.81 billion, a decrease of -3.97% compared to the previous year's $16.46 billion. Earnings were $3.62 billion, a decrease of -18.55%.

Financial Statements

Analyst Forecasts

According to 19 analysts, the average rating for BK stock is "Buy." The 12-month stock price forecast is 54.75, which is an increase of 9.57% from the latest price.

Price Target
$54.75
(9.57% upside)
Analyst Consensus: Buy