Bank Of New York Mellon Corp. Company Profile (NYSE:BK)

About Bank Of New York Mellon Corp.

Bank Of New York Mellon Corp. logoThe Bank of New York Mellon Corporation (BNY Mellon) is an investments company. The Company operates businesses through two segments: Investment Management and Investment Services. The Company also has an Other segment, which includes credit-related services; the leasing portfolio; corporate treasury activities, including its investment securities portfolio; its equity interest in ConvergEx Group; business exits, and corporate overhead. The Company has over $1.6 trillion in assets under management. BNY Mellon's subsidiaries include The Bank of New York Mellon and BNY Mellon, National Association (BNY Mellon, N.A.). The Bank of New York Mellon is a New York state-chartered bank, which houses its Investment Services businesses, including Asset Servicing, Issuer Services, Treasury Services, Broker-Dealer and Advisor Services, as well as the bank-advised business of Asset Management.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: BK
  • CUSIP: 06405810
Key Metrics:
  • Previous Close: $40.20
  • 50 Day Moving Average: $40.60
  • 200 Day Moving Average: $39.63
  • 52-Week Range: $32.20 - $44.73
  • Trailing P/E Ratio: 14.19
  • Foreward P/E Ratio: 11.98
  • P/E Growth: 1.32
  • Market Cap: $42.23B
  • Outstanding Shares: 1,067,674,000
  • Beta: 1.37
Profitability:
  • Net Margins: 20.86%
  • Return on Equity: 9.31%
  • Return on Assets: 0.89%
Debt:
  • Debt-to-Equity Ratio: 0.67%
  • Current Ratio: 0.69%
  • Quick Ratio: 0.69%
Additional Links:
Companies Related to Bank Of New York Mellon Corp.:

Analyst Ratings

Consensus Ratings for Bank Of New York Mellon Corp. (NYSE:BK) (?)
Ratings Breakdown: 5 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.55)
Consensus Price Target: $44.65 (12.90% upside)

Analysts' Ratings History for Bank Of New York Mellon Corp. (NYSE:BK)
Show:
DateFirmActionRatingPrice TargetDetails
9/23/2016Credit Agricole SABoost Price TargetOutperform$45.00 -> $47.00View Rating Details
9/9/2016Deutsche Bank AGBoost Price TargetBuy$50.00 -> $51.00View Rating Details
8/30/2016Credit Suisse Group AGReiterated RatingHold$42.00View Rating Details
8/25/2016Jefferies GroupReiterated RatingHold$38.00View Rating Details
7/22/2016ArgusReiterated RatingHoldView Rating Details
7/9/2016Barclays PLCReiterated RatingBuyView Rating Details
6/21/2016Buckingham ResearchReiterated RatingBuyView Rating Details
6/9/2016JPMorgan Chase & Co.Reiterated RatingBuy$42.50View Rating Details
4/22/2016Royal Bank Of CanadaBoost Price TargetSector Perform$40.00 -> $44.00View Rating Details
1/14/2016Raymond James Financial Inc.Lower Price Target$46.00 -> $41.00View Rating Details
1/11/2016Goldman Sachs Group Inc.UpgradeNeutral -> Buy$48.00View Rating Details
10/21/2015Keefe, Bruyette & WoodsReiterated RatingHold$43.00 -> $45.00View Rating Details
9/17/2015Bank of America Corp.UpgradeNeutral -> Buy$47.00 -> $48.00View Rating Details
8/9/2015Standpoint ResearchReiterated RatingHold$48.00View Rating Details
8/5/2015Sanford C. BernsteinUpgradeMarket Perform -> Outperform$50.00 -> $56.00View Rating Details
4/23/2015Portales PartnersUpgradeUnderperform -> Sector PerformView Rating Details
1/27/2015Citigroup Inc.Boost Price TargetNeutral$40.00 -> $41.00View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Bank Of New York Mellon Corp. (NYSE:BK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2016        
7/21/2016Q216$0.75$0.76$3.79 billion$3.78 billionViewListenView Earnings Details
4/21/2016Q116$0.68$0.74$3.74 billion$3.74 billionViewListenView Earnings Details
1/21/2016Q415$0.64$0.68$3.76 billion$3.73 billionViewListenView Earnings Details
10/20/2015Q315$0.71$0.74$3.90 billion$3.79 billionViewListenView Earnings Details
7/21/2015Q215$0.66$0.77$3.82 billion$3.85 billionViewListenView Earnings Details
4/22/2015Q115$0.59$0.67$3.76 billionViewListenView Earnings Details
1/23/2015Q414$0.58$0.58$3.80 billion$3.70 billionViewListenView Earnings Details
10/17/2014Q314$0.61$0.64$3.98 billion$3.78 billionViewListenView Earnings Details
7/18/2014Q214$0.57$0.62$3.79 billion$3.73 billionViewListenView Earnings Details
4/22/2014Q114$0.54$0.57$3.73 billion$3.63 billionViewListenView Earnings Details
1/17/2014Q413$0.54$0.44$3.72 billion$3.75 billionViewListenView Earnings Details
10/16/2013Q313$0.58$0.60$3.75 billion$3.76 billionViewListenView Earnings Details
7/17/2013Q2 2013$0.57$0.71$3.70 billion$3.79 billionViewListenView Earnings Details
4/17/2013Q1 2013$0.47$0.50$3.61 billion$3.61 billionViewListenView Earnings Details
1/16/2013Q4 2012$0.55$0.53$3.61 billion$3.60 billionViewListenView Earnings Details
10/17/2012$0.54$0.57ViewN/AView Earnings Details
7/18/2012$0.53$0.57ViewN/AView Earnings Details
4/18/2012$0.52$0.52ViewN/AView Earnings Details
1/18/2012$0.52$0.42ViewN/AView Earnings Details
10/19/2011$0.52$0.53ViewN/AView Earnings Details
7/19/2011$0.56$0.59ViewN/AView Earnings Details
4/19/2011$0.57$0.53ViewN/AView Earnings Details
1/19/2011$0.57$0.55ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bank Of New York Mellon Corp. (NYSE:BK)
Current Year EPS Consensus Estimate: $3.02 EPS
Next Year EPS Consensus Estimate: $3.3 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.67$0.70$0.69
Q2 20162$0.72$0.79$0.76
Q3 20162$0.79$0.82$0.81
Q4 20162$0.69$0.78$0.74
Q1 20171$0.73$0.73$0.73
Q2 20171$0.86$0.86$0.86
Q3 20171$0.98$0.98$0.98
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Bank Of New York Mellon Corp. (NYSE:BK)
Annual Dividend:$0.76
Dividend Yield:1.92%
Dividend Growth:9.40% (3 Year Average)
Payout Ratio:27.14% (Based on Trailing 12 Months of Earnings)
25.17% (Based on Current Year Consensus EPS Estimate)
23.03% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Bank Of New York Mellon Corp. (NYSE:BK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2016Quarterly$0.197/29/20168/2/20168/12/2016
4/21/2016quarterly$0.174/29/20165/3/20165/13/2016
1/21/2016Quarterly$0.171/29/20162/2/20162/12/2016
10/20/2015Quarterly$0.1710/29/201511/2/201511/13/2015
7/21/2015quarterly$0.177/30/20158/3/20158/13/2015
4/22/2015quarterly$0.171.6%4/30/20155/4/20155/14/2015
1/23/2015quarterly$0.171.82%1/30/20152/3/20152/13/2015
10/17/2014quarterly$0.171.87%10/24/201410/28/201411/7/2014
7/18/2014quarterly$0.171.77%7/25/20147/29/20148/8/2014
4/7/2014quarterly$0.172.01%4/23/20144/25/20145/7/2014
1/17/2014quarterly$0.151.81%1/29/20141/31/20142/7/2014
10/16/2013quarterly$0.151.92%10/24/201310/28/201311/5/2013
7/17/2013quarterly$0.151.94%7/25/20137/29/20138/6/2013
4/9/2013quarterly$0.152.1%4/25/20134/29/20135/7/2013
1/16/2013quarterly$0.131.97%1/24/20131/28/20132/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Bank Of New York Mellon Corp. (NYSE:BK)
Insider Ownership Percentage: 3.40%
Institutional Ownership Percentage: 82.82%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/22/2016Trian Fund Management, L.P.DirectorBuy152,000$38.87$5,908,240.00View SEC Filing  
6/6/2016Trian Fund Management, L.P.DirectorBuy370,000$42.39$15,684,300.00View SEC Filing  
5/19/2016Gerald L HassellCEOSell24,598$40.76$1,002,614.48View SEC Filing  
5/16/2016Trian Fund Management, L.P.DirectorBuy20,700$39.65$820,755.00View SEC Filing  
5/12/2016Thomas P GibbonsCFOSell376,054$39.77$14,955,667.58View SEC Filing  
5/4/2016Karen B PeetzPresidentSell65,000$39.24$2,550,600.00View SEC Filing  
4/28/2016Mitchell E HarrisEVPSell19,295$40.66$784,534.70View SEC Filing  
2/17/2016Trian Fund Management, L.P.DirectorBuy891,190$35.10$31,280,769.00View SEC Filing  
11/11/2015Trian Fund Management, L.P.DirectorBuy421,800$43.94$18,533,892.00View SEC Filing  
10/29/2015Karen B. PeetzPresidentSell42,015$42.48$1,784,797.20View SEC Filing  
10/26/2015Gerald L HassellCEOSell30,000$41.91$1,257,300.00View SEC Filing  
10/21/2015Edward P GardenDirectorBuy285,000$41.34$11,781,900.00View SEC Filing  
4/27/2015Karen B PeetzPresidentSell229,073$42.19$9,664,589.87View SEC Filing  
4/24/2015Thomas P GibbonsCFOSell127,359$41.93$5,340,162.87View SEC Filing  
3/24/2015Of New York Mellon Corp BankMajor ShareholderBuy8,213$14.00$114,982.00View SEC Filing  
3/23/2015Of New York Mellon Corp BankMajor ShareholderBuy8,213$14.25$117,035.25View SEC Filing  
3/4/2015Edward P GardenDirectorBuy84,000$39.43$3,312,120.00View SEC Filing  
2/25/2015Edward P GardenDirectorBuy784,769$39.78$31,218,110.82View SEC Filing  
1/28/2015Edward P GardenDirectorBuy273,000$36.63$9,999,990.00View SEC Filing  
7/23/2014Gerald L HassellCEOSell60,000$39.12$2,347,200.00View SEC Filing  
7/23/2014Thomas P GibbonsCFOSell145,667$39.00$5,681,013.00View SEC Filing  
7/21/2014Brian G RoganChairmanSell211,321$38.31$8,095,707.51View SEC Filing  
4/24/2014Karen PeetzPresidentSell115,351$33.85$3,904,631.35View SEC Filing  
4/23/2014Ruth BruchDirectorSell3,033$34.03$103,212.99View SEC Filing  
10/22/2013Curtis ArledgeChairmanSell115,880$31.42$3,640,949.60View SEC Filing  
10/18/2013Karen B PeetzPresidentSell55,000$31.37$1,725,350.00View SEC Filing  
8/14/2013John ParkInsiderSell5,778$30.72$177,500.16View SEC Filing  
7/18/2013Brian G RoganChairmanSell50,000$31.44$1,572,000.00View SEC Filing  
9/12/2012John A ParkInsiderSell4,754$22.86$108,676.44View SEC Filing  
9/12/2012Timothy F KeaneyChairmanSell10,000$22.87$228,700.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Bank Of New York Mellon Corp. (NYSE:BK)
DateHeadline
biz.yahoo.com logoBANK OF NEW YORK MELLON CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and (NYSE:BK)
biz.yahoo.com - September 27 at 8:28 AM
finance.yahoo.com logo4:41 pm BNY Mellon President Karen B. Peetz to retire December 31, 2016 (NYSE:BK)
finance.yahoo.com - September 27 at 8:28 AM
bloomberg.com logoBNY Mellon President Karen Peetz to Retire at End of the Year (NYSE:BK)
www.bloomberg.com - September 27 at 8:28 AM
publicnow.com logoBNY Mellon President Karen B. Peetz to retire December 31, 2016 (NYSE:BK)
www.publicnow.com - September 27 at 8:28 AM
publicnow.com logoDoug Shulman: Interconnectedness Is Driving the Future of Money (NYSE:BK)
www.publicnow.com - September 27 at 8:28 AM
publicnow.com logoReinventing Payments: BNY Mellon White Paper Surveys Banking Industry Strategies for Providing Clients with a Better Payments Experience (NYSE:BK)
www.publicnow.com - September 27 at 8:28 AM
finance.yahoo.com logoBNY Mellon to Host Third Quarter 2016 Earnings Conference Call on Thursday, October 20 (NYSE:BK)
finance.yahoo.com - September 27 at 8:28 AM
News IconAnalysts' Recommendations Stocks in Focus: Barrick Gold Corporation (USA) (NYSE:ABX) & Bank of New York Mellon ... - Money News (NYSE:BK)
www.newsismoney.com - September 26 at 4:04 PM
News IconFinancial Stocks Overview! Charles Schwab Corp (SCHW), Bank of New York Mellon Corp (NYSE:BK) - share market updates (press release) (NYSE:BK)
sharemarketupdates.com - September 26 at 8:36 AM
News IconStocks Alert: Bank of New York Mellon Corp (NYSE:BK), Murphy Oil Corporation (NYSE:MUR) - NYSE Journal (press release) (NYSE:BK)
stockznews.com - September 26 at 8:36 AM
News IconFinancial Stocks in Front Line! LendingClub Corp (LC), Bank of New York Mellon Corp (NYSE:BK) - share market updates (press release) (NYSE:BK)
sharemarketupdates.com - September 24 at 3:44 PM
benzinga.com logoInterest Rates Are Still Perking Up - Benzinga (NYSE:BK)
www.benzinga.com - September 23 at 3:18 PM
finance.yahoo.com logoJPMorgan Faces Fresh Rounds of Probe in China Hiring Case (NYSE:BK)
finance.yahoo.com - September 23 at 3:18 PM
News IconAsset Management: The Bank of New York Mellon Corporation (NYSE:BK) Position of the day (NYSE:BK)
twincountynews.com - September 23 at 8:57 AM
bloomberg.com logoBNY Mellon Accused of Unfair Competition by Lyell Wealth (NYSE:BK)
www.bloomberg.com - September 23 at 8:57 AM
marketrealist.com logoIs Bank of New York Mellon’s Dividend Hike Attractive? (NYSE:BK)
marketrealist.com - September 23 at 8:57 AM
News IconThe Bank of New York Mellon Corporation (NYSE:BK) from Asset Management – Todays Top Gains (NYSE:BK)
twincountynews.com - September 22 at 4:00 PM
News IconFinancial Stocks Newsbeat! Bank of New York Mellon Corp (BK), Prudential Financial Inc (NYSE:PRU) - share market updates (press release) (NYSE:BK)
sharemarketupdates.com - September 22 at 8:05 AM
News IconStocks Intraday Alert: Bank of New York Mellon Corp (NYSE:BK), Xerox Corp (NYSE:XRX) - NYSE Journal (press release) (NYSE:BK)
stockznews.com - September 21 at 3:17 PM
News IconMarket Movers: Bank of New York Mellon Corp (NYSE:BK), Staples, Inc. (NASDAQ:SPLS), Sempra Energy (NYSE:SRE) - NYSE Journal (press release) (NYSE:BK)
stockznews.com - September 21 at 8:24 AM
News IconChesapeake Energy Corporation (NYSE:CHK) & Bank of New York Mellon Corp (NYSE:BK) Stocks in the Spotlight - Money News (NYSE:BK)
www.newsismoney.com - September 21 at 8:24 AM
News IconAnalysts Recommendation on Bank of New York Mellon Corp (NYSE:BK) - Post Registrar (NYSE:BK)
postregistrar.com - September 21 at 8:23 AM
publicnow.com logoDepartment of Labor Conflict of Interest Rule Expected to Boost Advisors' Allocation to ETFs by 65 Percent, According to BNY Mellon (NYSE:BK)
www.publicnow.com - September 21 at 8:23 AM
publicnow.com logoBNY Mellon to Provide Real-Time Payments Solution (NYSE:BK)
www.publicnow.com - September 20 at 9:08 AM
News IconFinancial Stocks Zone! Bank of New York Mellon Corp (BK), Ventas, Inc. (NYSE:VTR) - share market updates (press release) (NYSE:BK)
sharemarketupdates.com - September 19 at 8:39 AM
finance.yahoo.com logoBNY Mellon CEO: Bank Embraced Criticism From Activist Investors (NYSE:BK)
finance.yahoo.com - September 19 at 8:39 AM
finance.yahoo.com logoBNY Mellon's Hassell: Fed Won't Move Any Time Soon (NYSE:BK)
finance.yahoo.com - September 19 at 8:39 AM
capitalcube.com logoThe Bank of New York Mellon Corp. breached its 50 day moving average in a Bearish Manner : BK-US : September 19, 2016 (NYSE:BK)
www.capitalcube.com - September 19 at 8:39 AM
News IconIs The Bank of New York Mellon Corporation (NYSE:BK), a large market cap stock a smart buy? (NYSE:BK)
twincountynews.com - September 18 at 8:36 AM
prnewswire.com logoFunded Status of U.S. Corporate Pensions Remains Flat in August, at 78.8 Percent, According to BNY Mellon Fiduciary ... - PR Newswire (press release) (NYSE:BK)
www.prnewswire.com - September 16 at 3:49 PM
News IconFin Stocks Outlines! Bank of New York Mellon Corp (BK), Progressive Corp (NYSE:PGR) - share market updates (press release) (NYSE:BK)
sharemarketupdates.com - September 16 at 12:22 PM
News IconAnalysts Valuations For Two Stocks: Bank of New York Mellon Corp (NYSE:BK), General Electric Company (NYSE:GE) - The Voice Registrar (NYSE:BK)
voiceregistrar.com - September 15 at 8:47 PM
finance.yahoo.com logoMOVES-BNY Mellon names head of EMEA innovation center (NYSE:BK)
finance.yahoo.com - September 15 at 8:47 PM
finance.yahoo.com logoMOVES- JPMorgan, Merrill Lynch, Credit Suisse, BNY Mellon (NYSE:BK)
finance.yahoo.com - September 15 at 8:47 PM
News IconAnalysts Valuations For Two Stocks: Bank of New York Mellon Corp (NYSE:BK), Masco Corp (NYSE:MAS) - The Voice Registrar (NYSE:BK)
voiceregistrar.com - September 15 at 3:39 PM
News IconFin Stocks Reports= Bank of New York Mellon Corp (BK), Prudential Financial Inc (NYSE:PRU) - share market updates (press release) (NYSE:BK)
sharemarketupdates.com - September 15 at 3:39 PM
prnewswire.com logoBNY Mellon Appoints Niamh De Niese Head of EMEA Innovation Centre - PR Newswire (press release) (NYSE:BK)
www.prnewswire.com - September 15 at 3:39 PM
finance.yahoo.com logoFunded Status of U.S. Corporate Pensions Remains Flat in August, at 78.8 Percent, According to BNY Mellon Fiduciary Solutions' Monthly Institutional Scorecard (NYSE:BK)
finance.yahoo.com - September 15 at 3:39 PM
News IconThe Bank of New York Mellon Corporation's (BK) (NYSE:BK)
myhealthbowl.com - September 15 at 12:46 PM
finance.yahoo.com logoBNY Mellon Appoints Niamh De Niese Head of EMEA Innovation Centre (NYSE:BK)
finance.yahoo.com - September 15 at 12:46 PM
nasdaq.com logoThe Bank Of New York Mellon To Participate In Barclays 2016 Conference At 8:15AM (NYSE:BK)
www.nasdaq.com - September 14 at 9:03 PM
News IconAnalysts Advise About Bank of New York Mellon Corp (NYSE:BK) (NYSE:BK)
magseriesusa.net - September 14 at 9:03 PM
marketwatch.com logoThese 6 financials could be the best bets if interest rates rise, says ... - MarketWatch (NYSE:BK)
www.marketwatch.com - September 14 at 3:52 PM
prnewswire.com logoBNY Mellon Appoints David Cruikshank as Chairman of Asia Pacific - PR Newswire (press release) (NYSE:BK)
www.prnewswire.com - September 13 at 5:19 PM
feeds.reuters.com logoMOVES-BNY Mellon names Cruikshank as Asia-Pacific chair (NYSE:BK)
feeds.reuters.com - September 13 at 12:22 PM
prnewswire.com logoBNY Mellon Appointed by Israel's Clal Insurance to Service Over $7 Billion of Assets - PR Newswire (press release) (NYSE:BK)
www.prnewswire.com - September 13 at 8:45 AM
finance.yahoo.com logoBNY Mellon Appointed by Israel's Clal Insurance to Service Over $7 Billion of Assets (NYSE:BK)
finance.yahoo.com - September 13 at 8:45 AM
prnewswire.com logoBNY Mellon's Pershing Adds Mesirow Financial to its Retirement ... - PR Newswire (press release) (NYSE:BK)
www.prnewswire.com - September 12 at 3:47 PM
finance.yahoo.com logoBNY Mellon's Pershing Adds Mesirow Financial to its Retirement Plan Network to Expand Fiduciary Offerings (NYSE:BK)
finance.yahoo.com - September 12 at 3:47 PM
4-traders.com logoBank of New York Mellon : BNY Mellon (BK) Q2 Earnings Beat, Expenses Decrease (NYSE:BK)
www.4-traders.com - September 10 at 8:36 AM

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Bank Of New York Mellon Corp. (NYSE:BK) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff