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Bank of New York Mellon Corporation (BK)

Stock Price: $39.95 USD -0.42 (-1.04%)
Updated November 27, 1:03 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 35.40B
Revenue (ttm) 16.74B
Net Income (ttm) 4.11B
Shares Out 886.14M
EPS (ttm) 4.56
PE Ratio 8.76
Forward PE 10.02
Dividend $1.24
Dividend Yield 3.10%

Stock Quote

Trading Day November 27
Last Price $39.95
Previous Close $40.37
Change ($) -0.42
Change (%) -1.04%
Day's Open 40.43
Day's Range 39.86 - 40.80
Day's Volume 2,259,197
52-Week Range 26.40 - 51.60

More Stats

Market Cap 35.40B
Enterprise Value n/a
Earnings Date (est) Jan 20, 2021
Ex-Dividend Date Oct 27, 2020
Shares Outstanding 886.14M
Float 883.82M
EPS (basic) 4.56
EPS (diluted) 4.56
FCF / Share 2.67
Dividend $1.24
Dividend Yield 3.10%
Earnings Yield 11.41%
FCF Yield 6.72%
Payout Ratio 27.20%
Shares Short 7.09M
Short Ratio 1.26
Short % of Float 0.80%
Beta 1.02
PE Ratio 8.76
Forward PE 10.02
P/FCF Ratio 14.89
PS Ratio 2.11
PB Ratio 0.85
Revenue 16.74B
Operating Income 6.16B
Net Income 4.11B
Free Cash Flow 2.38B
Net Cash 63.07B
Net Cash / Share 71.17
Gross Margin 100.35%
Operating Margin 36.81%
Profit Margin 24.60%
FCF Margin 14.20%
ROA 1.08%
ROE 9.95%
ROIC 1.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (19)

Buy 8
Overweight 0
Hold 9
Underweight 1
Sell 1

Analyst Consensus: Overweight

Price Target

$43.85*
(9.76% upside)
Low
39.0
Current: $39.95
High
54.0
Target: 43.85
*Average 12-month price target from 17 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue16,46216,39215,54315,23715,19415,69214,90014,50114,52913,638
Revenue Growth0.43%5.46%2.01%0.28%-3.17%5.32%2.75%-0.19%6.53%-
Gross Profit16,46216,39215,54315,23715,19415,69214,90014,50114,52913,638
Operating Income6,0125,6315,0004,7144,3953,5153,5943,1683,4173,468
Net Income4,4414,2664,0903,5473,1582,5672,1042,4372,5162,518
Shares Outstanding9401,0031,0341,0661,1051,1301,1511,1761,2211,213
Earnings Per Share4.514.043.723.152.712.151.732.032.032.05
EPS Growth11.63%8.6%18.1%16.24%26.05%24.28%-14.78%0%-0.98%-
Dividend Per Share1.181.040.860.720.680.660.580.520.480.36
Dividend Growth13.46%20.93%19.44%5.88%3.03%13.79%11.54%8.33%33.33%-
Operating Cash Flow96.005,9964,6676,2674,1274,484-6421,6292,2114,050
Capital Expenditures-1,210-1,085-1,197-760-601-206-609-646-629-216
Free Cash Flow-1,1144,9113,4705,5073,5264,278-1,2519831,5823,834
Cash & Equivalents109,85388,000108,87177,949134,886123,147146,119138,747130,73972,424
Total Debt43,46048,57249,24535,20637,07232,51930,27127,67528,38424,987
Net Cash / Debt66,39339,42859,62642,74397,81490,628115,848111,072102,35547,437
Assets381,508362,873371,758333,469393,780385,303374,516358,990325,266247,259
Liabilities339,780322,005330,012293,889354,805346,600336,006321,548291,065214,102
Book Value41,48340,63841,25138,81138,03737,44137,49736,43133,41732,354
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Bank of New York Mellon Corporation
Country United States
Employees 48,600
CEO Thomas P. Gibbons

Stock Information

Ticker Symbol BK
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Asset Management
Unique Identifier NYSE: BK

Description

The Bank of New York Mellon Corporation provides a range of financial products and services to in the United States and internationally. The company operates through two segments, Investment Management and Investment Services. The Investment Service segment offers custody, 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, clearing, trading, investment, wealth and retirement solutions, technology and enterprise data management, corporate trust, depositary receipts, payments, receivables processing and payables management, trade finance and processing, and collateral management services. The Investment Management segment provides diversified investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, and private banking services. The company also engages in leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit activities. It serves asset managers, banks, broker-dealers, corporations, financial intermediaries, governments, high net worth individuals, insurance companies, non-profit organizations, pensions, and sovereign institutions. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.