Bank of New York Mellon Corporation (BK)

NYSE: BK · IEX Real-Time Price · USD
38.94
-0.53 (-1.34%)
Sep 27, 2022 4:03 PM EDT - Market closed
-1.34%
Market Cap 31.47B
Revenue (ttm) 16.23B
Net Income (ttm) 3.24B
Shares Out 808.10M
EPS (ttm) 3.92
PE Ratio 9.93
Forward PE 8.16
Dividend $1.39 (3.57%)
Ex-Dividend Date Jul 22, 2022
Volume 3,988,456
Open 39.76
Previous Close 39.47
Day's Range 38.30 - 39.89
52-Week Range 38.30 - 64.63
Beta 1.10
Analysts Buy
Price Target 49.90 (+28.1%)
Earnings Date Oct 17, 2022

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 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, prime brokerage, and... [Read more...]

Industry Capital Markets
Founded 1784
CEO Thomas Gibbons
Employees 50,800
Stock Exchange NYSE
Ticker Symbol BK
Full Company Profile

Financial Performance

In 2021, BK's revenue was $15.93 billion, an increase of 0.78% compared to the previous year's $15.81 billion. Earnings were $3.76 billion, an increase of 3.93%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for BK stock is "Buy." The 12-month stock price forecast is 49.9, which is an increase of 28.15% from the latest price.

Price Target
$49.9
(28.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BNY Mellon to Provide Fully Integrated Operating Platform for Aviva Investors

LONDON and NEW YORK , Sept. 27, 2022 /PRNewswire/ -- The Bank of New York Mellon Corporation and Aviva Investors, the global asset management business of Aviva plc, announce that Aviva Investors has app...

7 hours ago - PRNewsWire

Is BNY Mellon Stock Stock Fairly Priced?

BNY Mellon stock (NYSE: BK) has lost 30% YTD as compared to the 21% drop in the S&P500 index over the same period.

1 day ago - Forbes

3 Stocks You Can Confidently Buy After a Market Downturn

Market downturns often precede a recession, which means it is time to play defense.

Other symbols: DUKPG
1 week ago - The Motley Fool

BNY Mellon, Warburg Group, Deutsche Bank to pay up in 'cum-ex' case: newspaper

Bank of New York Mellon Corp , Germany's Warburg Group and Deutsche Bank will pay 60 million euros ($60.09 million) to German tax authorities over the country's "cum-ex" tax scandal, German daily Handel...

Other symbols: DB
1 week ago - Reuters

The 7 Best Warren Buffett Stocks to Buy

Recently many traders have been wondering if Warren Buffett has lost his touch. His holding company, Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ), had seen its performance trail the stock market for ...

Other symbols: ATVICVXGLMCOUSBV
1 week ago - InvestorPlace

SEC charges 4 banks with muni bond disclosure infractions

The U.S. Securities and Exchange Commission announced Tuesday that it had charged four underwriters with failing to comply with municipal bond offering disclosure requirements.

Other symbols: JEFOPYTD
2 weeks ago - Market Watch

U.S. SEC charges Oppenheimer, BNY, Jefferies and TD over municipal bond disclosures

The U.S. Securities and Exchange Commission (SEC) on Tuesday said it had charged Oppenheimer & Co, BNY Mellon, TD Securities and Jefferies, with failing to comply with municipal bond offering disclosure...

Other symbols: JEFOPYTD
2 weeks ago - Reuters

BNY Mellon on Moving to the Metaverse Safely

The metaverse and Web 3.0 hold great potential for merchants and consumers, but security measures need to be updated constantly. In the “Digital Fraud Tracker®,” BNY Mellon's Carl Slabicki tells PYMNTS ...

3 weeks ago - PYMNTS

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution

NEW YORK--(BUSINESS WIRE)--On August 30, 2022, 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 Se...

3 weeks ago - Business Wire

4 Stocks Trading Below the DCF Value

When screening the market for bargains, investors may want to consider the following stocks since their share prices are trading below or around the intrinsic value calculated by GuruFocus' free cash fl...

Other symbols: DELLMFCTD
4 weeks ago - GuruFocus

BNY Mellon to Report Third Quarter 2022 Results on October 17, 2022

NEW YORK , Aug. 23, 2022 /PRNewswire/ -- BNY Mellon will report financial results for the third quarter 2022 on Monday, October 17, 2022. Materials will be posted to BNY Mellon's website at approximatel...

1 month ago - PRNewsWire

BNY Mellon to Speak at the Barclays Global Financial Services Conference

NEW YORK , Aug. 16, 2022 /PRNewswire/ -- Emily Portney, Chief Financial Officer, and Jim Crowley, Chief Executive Officer of BNY Mellon | Pershing, will speak at the Barclays Global Financial Services C...

1 month ago - PRNewsWire

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of...

1 month ago - Business Wire

These 3 Stocks Are Safe Bets In the Event of a Market Crash

Worried about volatility? Here are some names that can help investors sleep at night.

Other symbols: PGSTOR
1 month ago - The Motley Fool

15 quality dividend stocks that you can buy on sale right now

John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.”

1 month ago - Market Watch

2 Warren Buffett Stocks That Are Raising Their Dividends and 1 That Isn't

Warren Buffett and his company Berkshire Hathaway own shares of many dividend stocks.

Other symbols: BAC
2 months ago - The Motley Fool

5 Big Banks With A Bright Future

Here, several contributors to MoneyShow.com highlight their current favorite bank buys.

Other symbols: BLKCJPMMS
2 months ago - Forbes

Is the U.S. Economy in a Technical Recession? We'll Find Out This Week

A preliminary gross domestic product growth estimate for the second quarter of the year is due out this week.

Other symbols: GS
2 months ago - The Motley Fool

15 Stocks Warren Buffett Has Held for at Least 10 Years

Patience plays a big role in the Oracle of Omaha's investing philosophy.

2 months ago - The Motley Fool

BNY Mellon and Goldman Sachs Settle First HQLAx Agency Securities Lending Transactions

LONDON , July 20, 2022 /PRNewswire/ -- BNY Mellon and Goldman Sachs International ("Goldman Sachs") have successfully completed the industry's first agency securities lending transactions using the HQLA...

2 months ago - PRNewsWire

BNY Mellon (BK) Stock Up on Q2 Earnings Beat, Revenues Rise Y/Y

BNY Mellon (BK) records a rise in revenues and expenses in the second quarter of 2022.

2 months ago - Zacks Investment Research

The Bank of New York Mellon Corporation (BK) Beats Q2 Earnings and Revenue Estimates

The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 2.68% and 1.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for ...

2 months ago - Zacks Investment Research

Bank of New York Earnings Misses Estimates

The bank reported revenue that was slightly more than Street estimates, partly attributing this to higher interest rates.

2 months ago - Barrons

BNY Mellon Reports Second Quarter 2022 Results

NEW YORK , July 15, 2022 /PRNewswire/ -- BNY Mellon has reported financial results for the second quarter 2022. The company's earnings release along with the quarterly financial highlights and other ear...

2 months ago - PRNewsWire

BNY Mellon Declares Dividends

NEW YORK , July 15, 2022 /PRNewswire/ -- The Bank of New York Mellon Corporation (NYSE: BK) today announced that its Board of Directors declared dividends on its common and preferred stock as follows: C...

2 months ago - PRNewsWire