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Bank of New York Mellon Corporation (BK)

Stock Price: $51.69 USD 0.66 (1.29%)
Updated May 13, 2021 4:00 PM EDT - Market closed
Market Cap 45.25B
Revenue (ttm) 15.62B
Net Income (ttm) 3.34B
Shares Out 882.56M
EPS (ttm) 3.75
PE Ratio 13.79
Forward PE 12.97
Dividend $1.24
Dividend Yield 2.40%
Trading Day May 13
Last Price $51.69
Previous Close $51.03
Change ($) 0.66
Change (%) 1.29%
Day's Open 50.76
Day's Range 50.62 - 52.01
Day's Volume 4,724,079
52-Week Range 30.28 - 52.82

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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
1 day 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...

3 days 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...

3 days ago - PRNewsWire

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

1 week 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 ...

1 week 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...

1 week 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 weeks 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 weeks 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 weeks 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 weeks 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 weeks ago - Invezz

BNY Mellon (BK) witnesses a decline in revenues and higher expenses in the first quarter of 2021.

3 weeks ago - Zacks Investment Research

The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 11.49% and 2.00%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead fo...

3 weeks ago - Zacks Investment Research

Shares of Bank of New York Mellon (NYSE:BK) rose 0.3% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 7.62% year over year to $0.97, which bea...

3 weeks ago - Benzinga

NEW YORK, April 16, 2021 /PRNewswire/ -- Revenue down 5% EPS down 8% ROE  9% ROTCE  16% (a) CET1  12.6% Tier 1 leverage  5.8% The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today repo...

3 weeks ago - PRNewsWire

NEW YORK, April 16, 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:...

3 weeks ago - PRNewsWire

NEW YORK, April 15, 2021 /PRNewswire/ -- Institutional clients are now able to seamlessly invest cash in cleared repo through LiquidityDirectsm, BNY Mellon's market-leading short-end investment portal. ...

4 weeks ago - PRNewsWire

As the new earnings season marches along, several financial sector companies will be reporting.

Other stocks mentioned: ALLY, CFG, MS, STT
4 weeks ago - 24/7 Wall Street

When screening the market for stocks that are trading at fair prices, one tool investors can use is the earnings power value metric.

Other stocks mentioned: CSUAY, TRMK
4 weeks ago - GuruFocus

NEW YORK, April 14, 2021 /PRNewswire/ -- BNY Mellon has secured a mandate from global investment manager, Charles Schwab Investment Management, Inc., to deliver transfer agency services. BNY Mellon was ...

4 weeks ago - PRNewsWire

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

4 weeks ago - Zacks Investment Research

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

4 weeks ago - Zacks Investment Research

Yes, these Reddit penny stocks are all reasonably risky plays. But there is growth potential in each of these companies.

Other stocks mentioned: AREC, BB, CIDM, CRON, CTXR, RIOT, ULTA ...
1 month ago - InvestorPlace

HONG KONG, April 12, 2021 /PRNewswire/ -- Investors are now able to better utilize their Chinese fixed income assets following the introduction of the bonds as eligible collateral on BNY Mellon's tripar...

1 month ago - PRNewsWire

The Bank of New York Mellon Corporation (BK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

NEW YORK, April 9, 2021 /PRNewswire/ -- BNY Mellon will report financial results for the first quarter 2021 on Friday, April 16, 2021. Materials will be posted to BNY Mellon's website at approximately 6...

1 month ago - PRNewsWire

NEW YORK, April 8, 2021 /PRNewswire/ -- BNY Mellon announced today that it has been named in the initial registration statement as a service provider for the First Trust SkyBridge Bitcoin ETF Trust, a n...

1 month ago - PRNewsWire

ATLANTA, April 6, 2021 /PRNewswire/ -- BNY Mellon Wealth Management has appointed Carolina Montiel as Regional Director, Team Leader in Atlanta, GA. In this role, she will oversee implementation and cli...

1 month ago - PRNewsWire

The investment bank will offer exposure through tokens, derivatives, and more-traditional financial vehicles.

Other stocks mentioned: GS, MS
1 month ago - The Motley Fool

NEW YORK, March 30, 2021 /PRNewswire/ -- BNY Mellon Wealth Management has appointed John Ippolito as Regional President of the Tri-State region. John will join the Wealth Management leadership team and ...

1 month ago - PRNewsWire

According to the GuruFocus All-in-One Screener, a Premium feature, as of March 29, the following guru-held companies have positive future earnings estimates from Morningstar analysts.

Other stocks mentioned: ALL, BBDO, CTAS, ORLY
1 month ago - GuruFocus

Financials are off to a strong start in 2021, but one analyst said Wednesday the runs for two financial sector stocks may just be getting started. The Analyst: Bank of America analyst Michael Carrier up...

Other stocks mentioned: CME
1 month ago - Benzinga

The shares of Bank of New York Mellon Corp (NYSE:BK) are up 1.8% in electronic trading this morning, after a double-upgrade from BofA Global Research to "buy" from "underperform.

1 month ago - Schaeffers Research

NEW YORK, March 23, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced that it will redeem all of the issued and outstanding 2.050% Senior Notes due May 3, 2021 ...

1 month ago - PRNewsWire

NEW YORK, March 22, 2021 /PRNewswire/ -- BNY Mellon announced today a collaboration with the World Economic Forum to address the challenges of an increasingly complex and interdependent world. Through a...

1 month ago - PRNewsWire

NEW YORK, March 22, 2021 /PRNewswire/ -- The AFL-CIO, the nation's largest federation of labor unions, announces a groundbreaking collaboration with Wilmington Trust, BNY Mellon, PGIM Fixed Income and A...

1 month ago - PRNewsWire

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned financial stocks have grown their book value per share over the past decade through March 19.

Other stocks mentioned: ALL, PGR, TD, BRK.A, BRK.B
1 month ago - GuruFocus

Bank of New York Mellon (NYSE:BK), one of the largest custody banks in the world, has invested in cryptocurrency custodian Fireblocks. What Happened: The strategic investment was part of a $133 million ...

1 month ago - Benzinga

Bank of New York Mellon Corp has invested in Fireblocks, a platform that allows banks and other financial institutes to store, move and issue cryptocurrencies, as the world's largest custodian bank deep...

1 month ago - Reuters

Cost-control efforts are expected to support BNY Mellon's (BK) bottom line to an extent. However, pressure on margins due to lower rates remains a woe.

1 month ago - Zacks Investment Research

It's been a shark sell-off lately, especially with tech companies. The time might be right to look at value stocks.

Other stocks mentioned: CVS, DOX, MET, RIO, VVV, VZ
2 months ago - InvestorPlace

Cryptocurrencies are gaining widespread acceptance and offer huge growth opportunities for investors. Here are four crypto names to buy.

Other stocks mentioned: FB, MA, PYPL
2 months ago - InvestorPlace

Buffett loves dividends and many banks offer attractive dividend yields. Let's see which of Buffett's bank holdings has the highest one.

Other stocks mentioned: AXP, BAC, SYF, USB, WFC
2 months ago - The Motley Fool

BNY Mellon stock has rallied 59% since the March 23 lows of the last year and at its current price of $44 per share, it is 10% below its fair value of $48 – Trefis' estimate for BNY Mellon's valuation. ...

2 months ago - Forbes

TORONTO, March 01, 2021 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that it has completed its acquisition of BNY Mellon Wealth Management, Advisor...

2 months ago - GlobeNewsWire

Hillman Capital Management recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

Other stocks mentioned: JWN, KHC, MRK, MSFT, NKE, SPY
2 months ago - GuruFocus

NEW YORK--(BUSINESS WIRE)--On February 25, 2021, 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 ...

2 months ago - Business Wire

Tweedy Browne (Trades, Portfolio) recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

Other stocks mentioned: BABA, BAC, BIDU, CSCO, JNJ
2 months ago - GuruFocus

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

2 months ago - Zacks Investment Research

The Bitcoin price for 2021 is getting incredibly close to $50,000 as more major companies push the cryptocurrency higher. The post Bitcoin Price 2021: 8 Big Companies Boosting BTC to $50K appeared first...

Other stocks mentioned: JPM, MS, SQ, TSLA
2 months ago - InvestorPlace

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
48,000
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 52.19, which is an increase of 0.97% from the latest price.

Price Target
$52.19
(0.97% upside)
Analyst Consensus: Buy