The Bank of New York Mellon Corporation (BK)

Market Cap	41.68B
Revenue (ttm)	17.50B
Net Income (ttm)	3.05B
Shares Out	754.44M
EPS (ttm)	3.87
PE Ratio	14.28
Forward PE	10.02
Dividend	$1.68 (3.04%)
Ex-Dividend Date	Apr 25, 2024

Volume	3,332,964
Open	54.88
Previous Close	54.46
Day's Range	54.70 - 55.54
52-Week Range	39.65 - 58.28
Beta	1.11
Analysts	Buy
Price Target	60.06 (+8.71%)
Earnings Date	Apr 16, 2024

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, and data analytics. ...

• Industry: Asset Management
• Sector: Financials
• Founded: 1784
• Employees: 53,400
• Stock Exchange: NYSE
• Ticker Symbol: BK

Financial Performance

In 2023, BK's revenue was $17.50 billion, an increase of 6.87% compared to the previous year's $16.38 billion. Earnings were $3.05 billion, an increase of 29.17%.

Analyst Forecast

According to 9 analysts, the average rating for BK stock is "Buy." The 12-month stock price forecast is $60.06, which is an increase of 8.71% from the latest price.

Price Target

$60.06

(8.71% upside)

Analyst Consensus: Buy