Skip to main content

Bank of New York Mellon Corporation (BK)

NYSE: BK · IEX Real-Time Price · USD
56.32 0.19 (0.34%)
Dec 8, 2021 4:02 PM EST - Market closed
Market Cap46.51B
Revenue (ttm)15.76B
Net Income (ttm)3.43B
Shares Out825.82M
EPS (ttm)3.93
PE Ratio14.35
Forward PE12.12
Dividend$1.30 (2.31%)
Ex-Dividend DateOct 29, 2021
Volume5,509,365
Open56.08
Previous Close56.13
Day's Range55.82 - 57.42
52-Week Range39.46 - 60.52
Beta1.15
AnalystsBuy
Price Target63.16 (+12.1%)
Earnings Daten/a

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...

IndustryCapital Markets
Founded1784
CEOThomas Gibbons
Employees48,900
Stock ExchangeNYSE
Ticker SymbolBK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for BK stock is "Buy." The 12-month stock price forecast is 63.16, which is an increase of 12.14% from the latest price.

Price Target
$63.16
(12.14% upside)
Analyst Consensus: Buy

News

BNY Mellon Investment Management Launches Active International Equity ETF

NEW YORK, Dec. 8, 2021 /PRNewswire/ -- BNY Mellon Investment Management today announced the expansion of its Exchange-Traded Funds (ETFs) line-up with the launch of the BNY Mellon Concentrated Internati...

17 hours ago - PRNewsWire

CORRECTING and REPLACING BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Quarterly Distribution ...

NEW YORK--(BUSINESS WIRE)--In the first paragraph, the third and fourth sentences are corrected to read: Each distribution will be payable on January 6, 2022 to shareholders of record at the close of bu...

1 day ago - Business Wire

BlackRock Strengthens ETF Operating Platform by Diversifying Post-Trade Service Providers

NEW YORK--(BUSINESS WIRE)--BlackRock (NYSE: BLK) today announced that it has entered into agreements with BNY Mellon (NYSE: BK), Citi (NYSE: C), and JP Morgan (NYSE: JPM) to join State Street (NYSE: STT...

Other symbols:BLKCJPMSTT
1 day ago - Business Wire

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Quarterly Distribution and Special Year-End Dist...

NEW YORK--(BUSINESS WIRE)--On December 7, 2021, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a quarterly distribution of $1.75 per share of common stock. In addit...

1 day ago - Business Wire

BNY Mellon (BK) Pershing Agrees to Buy Optimal Asset Management

BNY Mellon's (BK) Pershing signs agreement to acquire direct indexing solutions provider Optimal Asset Management.

1 day ago - Zacks Investment Research

BNY Mellon's Pershing to Acquire Optimal Asset Management

JERSEY CITY, N.J., Dec. 2, 2021 /PRNewswire/ -- BNY Mellon's Pershing ("Pershing") today announced it has entered into a definitive agreement to acquire Optimal Asset Management, Inc. ("Optimal Asset Ma...

6 days ago - PRNewsWire

BNY Mellon Announces Redemption of 1,000,000 Depositary Shares, Each Representing a 1/100th Interest in a Share of it...

NEW YORK, Nov. 19, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today announced that it will redeem all outstanding shares of its Series E Noncumulative Perpetu...

2 weeks ago - PRNewsWire

Why Is The Bank of New York Mellon Corporation (BK) Down 2.1% Since Last Earnings Report?

The Bank of New York Mellon Corporation (BK) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

BNY Mellon Wealth Management Named Mandy Ho Senior Director Wealth Manager in Seattle

SEATTLE, Nov. 16, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Mandy Ho as senior director wealth manager. In this role, she will manage portfolios and provide strategic planning and advice f...

3 weeks ago - PRNewsWire

Clients Embed ESG Principles into Collateral Management Leveraging BNY Mellon ESG Data Analytics

NEW YORK, Nov. 15, 2021 /PRNewswire/ -- Market participants are now able to apply their environmental, social and governance (ESG) principles to the assets they are willing to accept as collateral, util...

3 weeks ago - PRNewsWire

BNY Mellon to Report Fourth Quarter 2021 Results on January 18, 2022

NEW YORK, Nov. 12, 2021 /PRNewswire/ -- BNY Mellon will report financial results for the fourth quarter 2021 on Tuesday, January 18, 2022. Materials will be posted to BNY Mellon's website at approximate...

3 weeks ago - PRNewsWire

Final Trades: Coinbase, Intuit, NXP Semi & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols:COININTUNXPI
3 weeks ago - CNBC Television

BNY Mellon and Euroclear Reveal True Extent of Fragmentation in the Collateral Marketplace

NEW YORK, Nov. 10, 2021 /PRNewswire/ -- The global collateral marketplace remains highly fragmented, making it challenging for market participants to easily deliver securities to locations where they ca...

4 weeks ago - PRNewsWire

BNY Mellon Announces Pricing of Public Offering of $1.3 Billion of Depositary Shares Representing Interests in Prefer...

NEW YORK, Nov. 8, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today announced that it priced an underwritten public offering of 1,300,000 depositary shares, ea...

1 month ago - PRNewsWire

BNY Mellon to Speak at the Goldman Sachs 2021 US Financial Services Conference

NEW YORK, Nov. 8, 2021 /PRNewswire/ -- Emily Portney, Chief Financial Officer, and Robin Vince, Vice Chair of BNY Mellon and Chief Executive Officer of Global Market Infrastructure, will speak at the Go...

1 month ago - PRNewsWire

BNY Mellon Wealth Management Named Tim Sanville Principal, Wealth Manager in Boston

BOSTON, Nov. 2, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Tim Sanville as principal, wealth manager. In this role, he manages portfolios and provides strategic planning and advice for ultr...

1 month ago - PRNewsWire

BNY Mellon Muncipal Income, Inc. (NYSE: DMF) Declares Distribution and Announces Reduction in Monthly Distribution Am...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Income, Inc. (NYX: DMF) today announced a monthly cash distribution of $0.029 per share of common stock, payable on November 30, 2021 to shareholders of r...

1 month ago - Business Wire

BNY Mellon Wealth Management Named Karen Sugihara Regional Fiduciary Manager in San Francisco

SAN FRANCISCO, Oct. 26, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Karen Sugihara as regional fiduciary manager. In this role, she will lead the fiduciary business for California, as well a...

1 month ago - PRNewsWire

These 10 Stocks Make Up 87% of Warren Buffett's Portfolio

Diversification isn't a necessity if you know what you're doing, according to Buffett.

1 month ago - The Motley Fool

The Bank of New York Mellon Corporation (BK) Tops Q3 Earnings and Revenue Estimates

The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 1.96% and 1.55%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead...

1 month ago - Zacks Investment Research

BNY Mellon (BK) Beats on Q3 Earnings as Fee Income Improves

Rise in fee income, provision benefits, and higher assets under management balance support BNY Mellon's (BK) Q3 results.

1 month ago - Zacks Investment Research

BNY Mellon Declares Dividends

NEW YORK, Oct. 19, 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 month ago - PRNewsWire

BNY Mellon Reports Third Quarter 2021 Earnings Of $881 Million Or $1.04 Per Common Share

NEW YORK, Oct. 19, 2021 /PRNewswire/ -- Revenue up 5% EPS up 6% ROE  9% ROTCE  17% (a) CET1  11.7% Tier 1 leverage  5.7%  The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported...

1 month ago - PRNewsWire

What's in the Cards for BNY Mellon (BK) in Q3 Earnings?

BNY Mellon's (BK) asset balances are expected to have increased to some extent in third-quarter 2021, supported by inflows.

1 month ago - Zacks Investment Research

BNY Mellon's Pershing Launches New Business Unit, Pershing X(SM), to be led by Ainslie Simmonds

JERSEY CITY, N.J., Oct. 14, 2021 /PRNewswire/ -- BNY Mellon's Pershing ("Pershing") has appointed Ainslie Simmonds as President of Pershing X SM, a new business unit within Pershing that will design and...

1 month ago - PRNewsWire