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Bank of New York Mellon Corporation (BK)
NYSE:BK
RESEARCH TOOLSreports
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BK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$44.32 - $78.03
Previous Close$75.31
Volume1.25M
Average Volume (3M)3.87M
Market Cap
$54.26B
Enterprise Value$88.95B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$33.90B
Price to Earnings (P/E)16.4
Beta0.85
Next Earnings
Jan 16, 2025EPS Estimate
$1.5Last Dividend Ex-Date
Oct 21, 2024Dividend Yield2.36%
Share Statistics
EPS (TTM)4.60
Shares Outstanding737,957,499
10 Day Avg. Volume3,210,196
30 Day Avg. Volume3,871,662
Standard Deviation0.08
R-Squared0.53
Alpha0.00076
Financial Highlights & Ratios
Price to Book (P/B)1.52
Price to Sales (P/S)3.16
Price to Cash Flow (P/CF)6.50
P/FCF Ratio4.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.92
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$79.71Price Target Upside6.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Bank of New York Mellon Corporation News
Bulls Say, Bears Say
Bulls Say
Client ExpansionPershing serves approximately 50% of the high net worth demographic, indicating a strong client base.
Earnings GrowthBNY delivered a third straight quarter of positive operating leverage, with 3Q coming in at >4% y/y.
Revenue GrowthFull transition to platform operating model in 1.5 years should support revenue growth.
Bears Say
Earnings Forecast2024E EPS decreases 5c to $5.60.
Earnings Guidance4Q guide down q/q to ~$1B as deposits have since moderated.
Share Price PerformanceExpected share price return -1.5%.
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Ownership Overview
0.21% Insiders
30.31% Mutual Funds
2.82% Other Institutional Investors
44.47% Public Companies and
Individual Investors
BK FAQ
What was Bank of New York Mellon Corporation’s price range in the past 12 months?
Bank of New York Mellon Corporation lowest stock price was $44.32 and its highest was $78.03 in the past 12 months.
What is Bank of New York Mellon Corporation’s market cap?
Currently, no data Available
When is Bank of New York Mellon Corporation’s upcoming earnings report date?
Bank of New York Mellon Corporation’s upcoming earnings report date is Jan 16, 2025 which is in 73 days.
How were Bank of New York Mellon Corporation’s earnings last quarter?
Bank of New York Mellon Corporation released its earnings results on Oct 11, 2024. The company reported $1.5 earnings per share for the quarter, beating the consensus estimate of $1.412 by $0.088.
Is Bank of New York Mellon Corporation overvalued?
According to Wall Street analysts Bank of New York Mellon Corporation’s price is currently Undervalued.
Does Bank of New York Mellon Corporation pay dividends?
Bank of New York Mellon Corporation pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 2.36%. See more information on Bank of New York Mellon Corporation dividends here
What is Bank of New York Mellon Corporation’s EPS estimate?
Bank of New York Mellon Corporation’s EPS estimate is $1.5.
How many shares outstanding does Bank of New York Mellon Corporation have?
Bank of New York Mellon Corporation has 727,078,000 shares outstanding.
What happened to Bank of New York Mellon Corporation’s price movement after its last earnings report?
Bank of New York Mellon Corporation reported an EPS of $1.5 in its last earnings report, beating expectations of $1.412. Following the earnings report the stock price went down -0.392%.
Which hedge fund is a major shareholder of Bank of New York Mellon Corporation?
Among the largest hedge funds holding Bank of New York Mellon Corporation’s share is Dodge & Cox. It holds Bank of New York Mellon Corporation’s shares valued at 3B.
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Bank of New York Mellon Corporation Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$79.71 (6.81% Upside)
$79.71 (6.81% Upside)
Blogger Sentiment
Bullish
BK Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 5.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 7.4%
Last 30 Days ▲ 7.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
79.52%
12-Months-Change
Fundamentals
Return on Equity
8.86%
Trailing 12-Months
Asset Growth
5.48%
Trailing 12-Months
Company Description
Bank of New York Mellon Corporation
The Bank of New York Mellon Corp. is a bank holding company, which provides a range of financial services. It was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It operates through two segments: Investment Services and Investment Management.
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BK Company Deck
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BK Earnings Call
Q3 2024
0:00 / 0:00
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BK Revenue Breakdown
64.08% Domestic
23.49% Europe, the Middle East and Africa
7.32% Asia-Pacific region
5.10% Other
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BK Stock 12 Month Forecast
Average Price Target
$79.71
▲(6.81% Upside)
Technical Analysis
Best Analysts Covering BK
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+30.58%
reiterated a buy rating 23 days ago
Copying Alexander Blostein's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +30.58% per trade.
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