BK - Bank of New York Mellon Corp-The Stock Price, Fair Value and News

57.50USD+0.10 (+0.17%)Delayed as of 08 May 2024, 01:22 pm ET

Market Summary

USD57.50+0.10

Delayedas of 08 May 2024, 01:22 pm

0.17%

BK Alerts

2 major insider sales recently.

BK Stock Price

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BK RSI Chart

BK Valuation

Market Cap

42.9B

Price/Earnings (Trailing)

12.86

Price/Sales (Trailing)

2.19

Price/Free Cashflow

235.85

BK Price/Sales (Trailing)

BK Profitability

Return on Equity

8.21%

Return on Assets

0.77%

Free Cashflow Yield

0.42%

BK Fundamentals

BK Revenue

Revenue (TTM)

19.6B

Rev. Growth (Yr)

14.84%

Rev. Growth (Qtr)

3.88%

BK Earnings

Earnings (TTM)

3.3B

Earnings Growth (Yr)

5.02%

Earnings Growth (Qtr)

392.79%

Breaking Down BK Revenue

52 Week Range

39.6557.73

(Low)(High)

Last 7 days

1.6%

Last 30 days

1.2%

Last 90 days

3.9%

Trailing 12 Months

38.3%

How does BK drawdown profile look like?

BK Financial Health

Debt/Equity

0.8

Debt/Cashflow

0.04

BK Investor Care

Dividend Yield

2.75%

Dividend/Share (TTM)

1.58

Buy Backs (1Y)

6.91%

Diluted EPS (TTM)

3.98

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	19.6B	0	0	0
2023	11.0B	15.1B	18.6B	19.0B
2022	15.9B	13.1B	11.1B	11.0B
2021	15.6B	15.6B	15.8B	15.9B
2020	16.7B	16.8B	16.7B	15.8B
2019	16.1B	15.9B	15.7B	16.5B
2018	15.9B	16.1B	16.1B	16.4B
2017	15.3B	15.5B	15.6B	15.5B
2016	13.6B	14.3B	14.4B	15.2B
2015	12.9B	12.9B	12.8B	12.9B
2014	12.0B	11.7B	12.6B	12.7B
2013	14.6B	14.9B	15.0B	12.0B
2012	14.6B	14.6B	14.6B	14.5B
2011	9.3B	0	0	14.7B
2010	8.6B	0	0	9.1B
2009	11.5B	10.9B	10.4B	7.0B
2008	0	10.7B	12.1B	13.6B
2007	0	0	0	9.3B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Bank of New York Mellon Corp-The

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 19, 2024	mccarthy j kevin	sold	-2,245,870	56.1467	-40,000	sevp & general counsel
Apr 18, 2024	keating catherine	sold	-2,967,360	54.88	-54,070	sr. exec. vice president
Apr 01, 2024	echevarria joseph	acquired	75,000	56.96	1,316	-
Apr 01, 2024	robinson elizabeth	acquired	9,374	56.96	164	-
Apr 01, 2024	goldstein jeffrey a	acquired	38,750	56.96	680	-
Apr 01, 2024	izzo ralph	acquired	37,500	56.96	658	-
Feb 28, 2024	koffey jayee	sold (taxes)	-72,610	55.64	-1,305	sr. exec. vice president
Feb 28, 2024	mcdonogh dermot	sold (taxes)	-284,265	55.64	-5,109	chief financial officer
Feb 23, 2024	mccarthy j kevin	sold (taxes)	-1,532,770	55.64	-27,548	sevp & general counsel
Feb 23, 2024	vince robin a.	acquired	-	-	30,015	president & ceo

Which funds bought or sold BK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-5.07	322,861	6,669,630	0.07%
May 06, 2024	NOVARE CAPITAL MANAGEMENT LLC	added	2.77	1,356,120	11,207,300	1.01%
May 06, 2024	Wealth Advisors of Tampa Bay, LLC	reduced	-0.4	379,049	4,074,610	1.94%
May 06, 2024	AIA Group Ltd	new	-	1,604,950	1,604,950	0.05%
May 06, 2024	Investors Research Corp	unchanged	-	14,644	151,483	0.04%
May 06, 2024	DiNuzzo Private Wealth, Inc.	added	187	42,838	62,461	0.01%
May 06, 2024	SG Americas Securities, LLC	added	813	11,639,000	12,916,000	0.06%
May 06, 2024	Hilltop National Bank	new	-	12,446	12,446	-%
May 06, 2024	Leisure Capital Management	reduced	-7.65	20,474	937,075	0.47%
May 06, 2024	Merit Financial Group, LLC	added	10.45	45,863	264,565	0.01%

Are Funds Buying or Selling BK?

Are funds buying BK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BK

No. of Funds

BK Alerts

2 major insider sales recently.

Unveiling Bank of New York Mellon Corp-The's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	dodge & cox	7.6%	58,771,100	SC 13G/A
Feb 13, 2024	vanguard group inc	9.69%	74,500,651	SC 13G/A
Jan 25, 2024	blackrock inc.	8.4%	64,360,422	SC 13G/A
Feb 14, 2023	dodge & cox	7.4%	59,815,247	SC 13G/A
Feb 14, 2023	berkshire hathaway inc	3.1%	25,069,867	SC 13G/A
Feb 09, 2023	vanguard group inc	8.68%	70,120,078	SC 13G/A
Feb 07, 2023	blackrock inc.	8.0%	64,560,326	SC 13G/A
Feb 14, 2022	dodge & cox	7.1%	58,247,004	SC 13G/A
Feb 09, 2022	vanguard group inc	7.97%	65,812,336	SC 13G/A
Feb 07, 2022	blackrock inc.	6.7%	55,439,159	SC 13G/A

Recent SEC filings of Bank of New York Mellon Corp-The

View All Filings

Date Filed	Form Type	Document
May 07, 2024	144	Notice of Insider Sale Intent
May 03, 2024	10-Q	Quarterly Report
Apr 25, 2024	13F-HR	Fund Holdings Report
Apr 23, 2024	4	Insider Trading
Apr 22, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading

Peers (Alternatives to Bank of New York Mellon Corp-The)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	116.1B	18.3B	-2.05%	21.46%	19.62	6.33	5.32%	20.80%
BX	86.8B	10.3B	-4.77%	49.67%	40.34	8.41	116.39%	249.10%
BK	42.9B	19.6B	1.16%	38.31%	12.86	2.19	78.39%	20.24%
ARES	42.2B	3.6B	2.35%	67.53%	89.04	11.63	18.87%	183.11%
BEN	12.3B	8.1B	-13.86%	-8.12%	13.64	1.51	2.98%	5.84%
MID-CAP
IVZ	6.7B	5.8B	-10.63%	-8.66%	-19.85	1.16	-1.10%	-153.42%
AMG	5.0B	2.0B	-6.16%	9.63%	7.2	2.43	-8.91%	-39.33%
AB	3.8B	-	-4.66%	-4.97%	13.72	-	-	7.16%
CNS	3.6B	486.3M	-2.34%	30.93%	28.11	7.38	-9.75%	-22.27%
APAM	3.5B	1.0B	-3.56%	33.04%	15.09	3.47	6.21%	20.27%
AMK	2.5B	722.2M	-1.77%	26.69%	17.55	3.5	12.85%	46.40%
SMALL-CAP
PX	885.9M	241.7M	-9.17%	-23.70%	-128.73	3.66	21.87%	-123.56%
BSIG	854.7M	426.6M	-2.36%	-	12.99	2	2.25%	-34.59%
AINC	16.5M	746.8M	1.68%	-56.13%	-3.57	0.02	15.88%	-226.93%
AC	692.0K	25.3M	-0.71%	-11.96%	0.02	0.03	137.10%	176.58%

Bank of New York Mellon Corp-The News

Latest updates

Bank of New York Mellon Corp-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.9%	4,527	4,358	5,519	5,224	3,942	3,918	1,984	1,159	3,926	4,015	4,035	3,960	3,921	3,843	3,847	4,010	4,108	4,778	3,861	3,924	3,899
EBITDA Margin	-	-	-	-	-	-	-	-	-	-	0.55*	0.55*	0.56*	0.56*	0.56*	0.53*	0.53*	0.53*	0.53*	0.56*	0.56*	0.56*
Interest Expenses	-5.5%	1,040	1,101	1,016	1,100	1,128	1,056	926	824	698	677	641	645	655	680	703	780	814	815	730	802	841
Income Taxes	306.8%	297	73.00	241	270	260	142	242	231	153	196	219	241	221	148	213	216	265	373	246	264	237
EBT Margin	-	-	-	-	-	-	-	-	-	-	0.27*	0.27*	0.27*	0.27*	0.27*	0.25*	0.25*	0.25*	0.26*	0.27*	0.27*	0.26*
Net Income	392.8%	1,025	208	1,038	1,067	976	543	388	869	773	863	947	1,022	927	750	937	950	980	1,440	1,038	1,017	946
Net Income Margin	-1.5%	0.17*	0.17*	0.19*	0.20*	0.25*	0.23*	0.26*	0.26*	0.23*	0.24*	0.23*	0.23*	0.23*	0.23*	0.26*	0.26*	0.27*	-	-	-	-
Free Cashflow	-27.5%	-2,979	-2,337	4,704	794	1,531	2,567	3,607	4,390	3,158	2,755	-322	2,584	-3,394	-1,131	445	6,451	-1,949	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	6.0%	434,728	409,953	405,248	430,382	425,112	405,783	427,953	452,621	473,811	444,438	470,533	466,963	464,984	469,633	428,398	442,316	468,155	381,508	373,168	381,168	346,132
Cash Equivalents	46.5%	7,212	4,922	4,904	5,720	5,564	5,030	4,707	5,185	6,143	6,061	6,752	5,154	5,991	9,419	4,104	4,776	5,091	7,267	6,718	5,556	5,980
Net PPE	-0.9%	3,136	3,163	3,234	3,241	3,248	3,256	3,311	3,354	3,359	3,431	3,422	3,442	3,521	3,602	3,617	3,598	3,514	3,625	3,149	2,970	3,010
Goodwill	-0.2%	16,228	16,261	16,159	16,246	16,192	16,150	16,412	17,271	17,462	17,512	17,420	17,487	17,469	17,496	17,357	17,253	17,240	17,386	17,248	17,337	17,367
Liabilities	6.8%	393,966	368,944	364,117	389,280	384,310	364,933	388,057	411,476	431,659	401,047	426,481	421,169	419,581	423,513	383,051	398,350	426,776	339,780	331,698	339,333	304,663
Long Term Debt	3.6%	32,396	31,257	29,205	32,463	30,489	30,458	27,820	27,610	25,246	25,931	25,043	25,629	25,350	25,984	400	399	397	27,501	386	383	376
Shareholder's Equity	-0.5%	40,680	40,874	40,966	40,998	40,706	40,734	39,744	40,991	41,997	43,230	43,874	45,625	45,216	45,944	45,168	43,809	41,239	41,585	41,323	41,699	41,347
Retained Earnings	1.3%	40,178	39,653	39,822	39,199	38,465	37,864	37,660	37,644	37,088	36,667	36,125	35,540	34,822	34,241	33,821	33,224	32,601	31,894	30,789	30,081	29,382
Additional Paid-In Capital	0.5%	29,055	28,908	28,793	28,726	28,650	28,508	28,374	28,316	28,258	28,128	28,075	28,006	27,928	27,823	27,741	27,702	27,644	27,515	27,471	27,406	27,349
Shares Outstanding	-4.6%	748	784	778	788	803	811	811	811	809	852	844	869	883	891	891	889	894	940	949	-	-
Minority Interest	122.0%	111	50.00	56.00	65.00	72.00	7.00	7.00	7.00	198	196	273	344	262	143	251	112	94.00	102	203	166	122
Float	-	-	-	-	34,643	-	-	-	33,679	-	-	-	44,196	-	-	-	34,213	-	-	-	41,581	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-29.6%	-2,680	-2,068	5,040	1,148	1,792	2,924	3,725	4,990	3,429	3,129	54.00	2,829	-3,174	-865	778	6,810	-1,685	-2,471	5,081	-1,565	-949
Cashflow From Investing	-1886.7%	-26,741	-1,346	20,631	-7,343	-17,752	25,124	19,345	9,306	-33,901	19,931	-4,158	-779	4,678	-34,155	14,446	19,855	-78,601	-5,318	6,156	-32,196	20,810
Cashflow From Financing	660.0%	28,433	3,741	-27,287	5,614	14,413	-26,150	-23,061	-14,538	30,095	-24,127	5,626	-1,941	-1,520	37,373	-15,255	-29,490	82,880	6,005	-9,791	33,082	-19,837
Dividend Payments	-100.0%	-	328	333	297	304	305	303	279	278	280	296	273	277	279	278	278	282	286	294	270	270
Buy Backs	119.6%	988	450	450	448	1,256	2.00	1.00	3.00	118	1,249	2,001	618	699	1.00	-	3.00	985	1,041	981	750	555

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BK Income Statement

2024-03-31

Consolidated Income Statement (unaudited) - USD ($)
shares in Thousands, $ in Millions

3 Months Ended

Mar. 31, 2024

Dec. 31, 2023

Mar. 31, 2023

Fee and other revenue

Investment services fees

$ 2,278

$ 2,242

$ 2,119

Investment management and performance fees

776

743

776

Foreign exchange revenue

152

143

176

Financing-related fees

Distribution and servicing fees

Total fee revenue

3,305

3,214

3,156

Investment and other revenue

^[1]

182

131

Total fee and other revenue

^[1]

3,487

3,257

3,287

Net interest income

Interest income

6,096

5,963

3,942

Interest expense

5,056

4,862

2,814

Net interest income

1,040

1,101

1,128

Total revenue

4,527

4,358

4,415

Provision for credit losses

Noninterest expense

Staff

1,857

1,831

1,791

Software and equipment

475

486

429

Professional, legal and other purchased services

349

406

375

Net occupancy

124

162

119

Sub-custodian and clearing

119

117

118

Distribution and servicing

Business development

Bank assessment charges

670

Amortization of intangible assets

Other

160

Total noninterest expense

3,176

3,995

3,100

Income

Income before income taxes

^[1]

1,324

279

1,288

Provision for income taxes

^[1]

297

306

Net income

^[1],[3]

1,027

^[2]

206

982

^[2]

Net (income) loss attributable to noncontrolling interests related to consolidated investment management funds

(2)

Net income applicable to shareholders of The Bank of New York Mellon Corporation

1,025

^[2]

208

982

^[2]

Preferred stock dividends

(72)

(46)

(71)

Net income applicable to common shareholders of The Bank of New York Mellon Corporation

953

162

911

Net income applicable to common shareholders of The Bank of New York Mellon Corporation used for the earnings per share calculation

Net income applicable to common shareholders of The Bank of New York Mellon Corporation

953

162

911

Less: Earnings allocated to participating securities, basic

Less: Earnings allocated to participating securities, diluted

Net income applicable to common shareholders of The Bank of New York Mellon Corporation after required adjustment for the calculation of basic earnings per common share

953

162

911

Net income applicable to common shareholders of The Bank of New York Mellon Corporation after required adjustment for the calculation of diluted earnings per common share

$ 953

$ 162

$ 911

Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation

Basic (shares)

756,937

767,146

803,340

Common stock equivalents (shares)

5,331

5,045

4,473

Less: Participating securities (shares)

(89)

(95)

Diluted (shares)

762,268

772,102

807,718

Anti-dilutive securities (shares)

^[4]

1,604

110

4,872

Earnings per share applicable to common shareholders of The Bank of New York Mellon Corporation

Basic (usd per share)

^[5]

$ 1.26

$ 0.21

$ 1.13

Diluted (usd per share)

^[5]

$ 1.25

$ 0.21

$ 1.13

[1]	Prior periods were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information
[2]	Prior period was restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[3]	Prior periods were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[4]	Represents restricted stock, restricted stock units and participating securities outstanding but not included in the computation of diluted average common shares because their effect would be anti-dilutive.
[5]	Prior periods were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.

BK Balance Sheet

2024-03-31

Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Assets

Cash and due from banks, net of allowance for credit losses of $30 and $18

$ 5,305

$ 4,922

Interest-bearing deposits with the Federal Reserve and other central banks

119,197

111,550

Interest-bearing deposits with banks, net of allowance for credit losses of $3 and $2 (includes restricted of $1,907 and $3,420)

10,636

12,139

Federal funds sold and securities purchased under resale agreements

29,661

28,900

Securities:

Held-to-maturity, at amortized cost, net of allowance for credit losses of less than $1 and $1 (fair value of $43,213 and $44,711)

48,404

49,578

Available-for-sale, at fair value (amortized cost of $94,641 and $80,678, net of allowance for credit losses of $1 and less than $1)

90,505

76,817

Total securities

138,909

126,395

Trading assets

10,078

10,058

Loans

73,615

66,879

Allowance for credit losses

(322)

(303)

Net loans

73,293

66,576

Premises and equipment

3,136

3,163

Accrued interest receivable

1,343

1,150

Goodwill

16,228

16,261

Intangible assets

2,839

2,854

Other asset, net of allowance for credit losses on accounts receivable of $3 and $3 (includes $1,437 and $1,261, at fair value)

^[1]

24,103

25,909

Total assets

^[1]

434,728

409,877

Deposits:

Noninterest-bearing deposits (principally U.S. offices)

63,405

58,274

Interest-bearing deposits in U.S. offices

151,540

132,616

Interest-bearing deposits in non-U.S. offices

94,075

92,779

Total deposits

309,020

283,669

Federal funds purchased and securities sold under repurchase agreements

15,112

14,507

Trading liabilities

3,100

6,226

Payables to customers and broker-dealers

19,392

18,395

Other borrowed funds

306

479

Accrued taxes and other expenses

^[1]

4,395

5,411

Other liabilities (including allowance for credit losses on lending-related commitments of $81 and $87, also includes $70 and $195, at fair value)

^[1]

10,245

9,028

Long-term debt

32,396

31,257

Total liabilities

^[1]

393,966

368,972

Temporary equity

Redeemable noncontrolling interests

Permanent equity

Preferred stock – par value $0.01 per share; authorized 100,000,000 shares; issued 43,826 and 43,826 shares

4,343

Common stock – par value $0.01 per share; authorized 3,500,000,000 shares; issued 1,408,769,769 and 1,402,429,447 shares

Additional paid-in capital

29,055

28,908

Retained earnings

^[1]

40,178

39,549

Accumulated other comprehensive loss, net of tax

(4,876)

(4,893)

Less: Treasury stock of 660,953,934 and 643,085,355 common shares, at cost

(28,145)

(27,151)

Total The Bank of New York Mellon Corporation shareholders' equity

^[1]

40,569

40,770

Nonredeemable noncontrolling interests of consolidated investment management funds

111

Total permanent equity

^[1],[2]

40,680

40,820

^[3],[4]

Total liabilities, temporary equity and permanent equity

$ 434,728

$ 409,877

[1]	Prior period balances were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[2]	Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $36,427 million at Dec. 31, 2023 and $36,226 million at March 31, 2024.
[3]	Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $36,020 million at Sept. 30, 2023 and $36,427 million at Dec. 31, 2023.
[4]	Retained earnings was restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.

About Bank of New York Mellon Corp-The

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. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.

CEO	Mr. Robin Antony Vince
WEBSITE	bnymellon.com
INDUSTRY	Asset Management
EMPLOYEES	53200

Bank of New York Mellon Corp-The Frequently Asked Questions

What is the ticker symbol for Bank of New York Mellon Corp-The? What does BK stand for in stocks?

BK is the stock ticker symbol of Bank of New York Mellon Corp-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bank of New York Mellon Corp-The (BK)?

As of Tue May 07 2024, market cap of Bank of New York Mellon Corp-The is 42.92 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BK stock?

You can check BK's fair value in chart for subscribers.

What is the fair value of BK stock?

You can check BK's fair value in chart for subscribers. The fair value of Bank of New York Mellon Corp-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bank of New York Mellon Corp-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bank of New York Mellon Corp-The a good stock to buy?

The fair value guage provides a quick view whether BK is over valued or under valued. Whether Bank of New York Mellon Corp-The is cheap or expensive depends on the assumptions which impact Bank of New York Mellon Corp-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BK.

What is Bank of New York Mellon Corp-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, BK's PE ratio (Price to Earnings) is 12.86 and Price to Sales (PS) ratio is 2.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bank of New York Mellon Corp-The's stock?

In the past 10 years, Bank of New York Mellon Corp-The has provided 0.074 (multiply by 100 for percentage) rate of return.