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: $40.53
  • 50 Day Moving Average: $39.74
  • 200 Day Moving Average: $38.83
  • Trailing P/E Ratio: 14.65
  • Foreward P/E Ratio: 12.45
  • P/E Growth: 1.40
  • Market Cap: $43.61B
  • Outstanding Shares: 1,067,674,000
  • Beta: 1.47
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: $44.35 (8.57% upside)

Analysts' Ratings History for Bank Of New York Mellon Corp. (NYSE:BK)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016Jefferies GroupReiterated RatingHold$38.00View Rating Details
8/9/2016Credit Suisse Group AGSet Price TargetHold$42.00View Rating Details
8/5/2016Deutsche Bank AGBoost Price TargetBuy$46.00 -> $47.00View 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 8/27/2014 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: $3.28 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:1.86%
Payout Ratio:27.14% (Based on Trailing 12 Months of Earnings)
25.17% (Based on Current Year Consensus EPS Estimate)
23.17% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:9.40% (3 Year Average)

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)
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
News IconTop Gainers of the Day: The Bank of New York Mellon Corporation (NYSE:BK) from Asset Management (NYSE:BK)
twincountynews.com - August 27 at 8:39 AM
News IconAnalysts Valuations For Two Stocks: Microsoft Corporation (NASDAQ:MSFT), Bank of New York Mellon Corp (NYSE:BK) - The Voice Registrar (NYSE:BK)
voiceregistrar.com - August 26 at 3:49 PM
seekingalpha.com logoBNY Mellon Mutual Funds: A Deeper Look At The Performance (NYSE:BK)
seekingalpha.com - August 26 at 11:55 AM
4-traders.com logoBank of New York Mellon : Pete Rodriguez Wins ALPFA Executive of the Year Award (NYSE:BK)
www.4-traders.com - August 26 at 11:55 AM
publicnow.com logoHow BNY Mellon Became a Pioneer in Bots (NYSE:BK)
www.publicnow.com - August 26 at 11:55 AM
publicnow.com logoPete Rodriguez Wins ALPFA Executive of the Year Award (NYSE:BK)
www.publicnow.com - August 26 at 11:55 AM
4-traders.com logoBank of New York Mellon : BNY Mellon Recognized as One of U.S.’s Leading Green Power Users by EPA (NYSE:BK)
www.4-traders.com - August 25 at 9:16 PM
seekingalpha.com logoBNY Mellon Mutual Funds: A Deeper Look At The Performance - Seeking Alpha (NYSE:BK)
seekingalpha.com - August 25 at 3:53 PM
News IconThe Bank of New York Mellon Corporation (NYSE:BK) from Asset Management – Todays Top Gains (NYSE:BK)
twincountynews.com - August 24 at 3:49 PM
4-traders.com logoReliable stocks in todays share market: The Bank of New York Mellon Corporation (NYSE:BK)
www.4-traders.com - August 24 at 12:04 PM
thestreet.com logoBitcoin's Blockchain Could Save London's Banks After Brexit (NYSE:BK)
realmoney.thestreet.com - August 24 at 12:04 PM
4-traders.com logoLarge Cap Key Stocks of the Day: The Bank of New York Mellon Corporation (NYSE:BK)
www.4-traders.com - August 23 at 3:52 PM
publicnow.com logoBehind the Scenes at BNY Mellon (NYSE:BK)
www.publicnow.com - August 20 at 3:53 PM
News IconAsset Management: The Bank of New York Mellon Corporation (NYSE:BK) Position of the day (NYSE:BK)
twincountynews.com - August 19 at 4:32 PM
investopedia.com logoDOSIX: Dreyfus's Highest Performing Funds Since Inception (NYSE:BK)
www.investopedia.com - August 18 at 9:20 PM
News IconLarge Cap Asset Management: The Bank of New York Mellon Corporation (NYSE:BK) (NYSE:BK)
twincountynews.com - August 17 at 12:01 PM
publicnow.com logoInterning with a Non-Traditional Tech Company: A BNY Mellon Intern’s Perspective (NYSE:BK)
www.publicnow.com - August 17 at 12:01 PM
4-traders.com logoBANK OF NEW YORK MELLON CORP : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:BK)
www.4-traders.com - August 16 at 9:05 PM
biz.yahoo.com logoBANK OF NEW YORK MELLON CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:BK)
biz.yahoo.com - August 16 at 9:05 PM
investopedia.com logoDQIAX,DBOAX,PEOPX: Top Dreyfus Funds for Retirement (NYSE:BK)
www.investopedia.com - August 16 at 9:05 PM
mysmartrend.com logoBank of New York Mellon (BK) Approaches New Downside Target of $39.73 (NYSE:BK)
www.mysmartrend.com - August 16 at 12:36 PM
publicnow.com logoHelena Morrissey Appointed to Non-Executive Chair of Newton Investment Management; Newton appoints Hanneke Smits to its Board of Directors and as future leadership replacement (NYSE:BK)
www.publicnow.com - August 16 at 12:36 PM
News IconAnalysts Opinion on Price Target: Bank of New York Mellon Corp (NYSE:BK) - Post Registrar (NYSE:BK)
postregistrar.com - August 13 at 3:50 PM
finance.yahoo.com logoBANK OF NEW YORK MELLON CORP Financials (NYSE:BK)
finance.yahoo.com - August 13 at 3:50 PM
nasdaq.com logoSee Which Of The Latest 13F Filers Holds Bank of New York Mellon (NYSE:BK)
www.nasdaq.com - August 12 at 12:30 PM
publicnow.com logoBehind the Scenes with Nuno DaSilva: Drawing on Diplomatic Experience to Drive Latin American Depositary Receipts Business (NYSE:BK)
www.publicnow.com - August 12 at 12:30 PM
News IconIs The Bank of New York Mellon Corporation (NYSE:BK), a large market cap stock a smart buy? (NYSE:BK)
twincountynews.com - August 11 at 12:00 PM
bidnessetc.com logoBank of New York Mellon Corp Operational Risks “Grinding Higher”: Credit Suisse - Bidness ETC (NYSE:BK)
www.bidnessetc.com - August 10 at 3:18 PM
marketwatch.com logoWall Street whistleblowers could collect over $100 million (NYSE:BK)
www.marketwatch.com - August 10 at 3:18 PM
News IconEarnings Trend per share for Investors: The Bank of New York Mellon Corporation (NYSE:BK), Suncor Energy Inc ... - News Oracle (NYSE:BK)
www.newsoracle.com - August 10 at 6:58 AM
streetupdates.com logoAnalysts Observing Stocks Update: KeyCorp (NYSE:KEY) , Bank Of ... - Street Updates (NYSE:BK)
www.streetupdates.com - August 10 at 6:58 AM
fortune.com logoThe Bank of New York Mellon Corporation (NYSE:BK) at $40.59: How much higher it can go - Review Fortune (NYSE:BK)
reviewfortune.com - August 10 at 6:58 AM
sg.finance.yahoo.com logoPhilippine bank says it preserves ties with big U.S. banks despite heist role (NYSE:BK)
sg.finance.yahoo.com - August 10 at 6:58 AM
wsj.com logo[$$] Whistleblowers: Breaking Down the Numbers (NYSE:BK)
www.wsj.com - August 10 at 6:58 AM
capitalcube.com logoETF’s with exposure to The Bank of New York Mellon Corp. : August 9, 2016 (NYSE:BK)
www.capitalcube.com - August 9 at 5:00 PM
biz.yahoo.com logoBANK OF NEW YORK MELLON CORP Files SEC form 10-Q, Quarterly Report (NYSE:BK)
biz.yahoo.com - August 8 at 9:18 PM
News IconBridgewater making waves with dual-party valuation - Pensions & Investments (NYSE:BK)
www.pionline.com - August 8 at 3:54 PM
News IconAnalyst rating and Activity: Bank of New York Mellon Corp (NYSE:BK) - The Voice Registrar (NYSE:BK)
voiceregistrar.com - August 8 at 3:54 PM
News IconFin Stocks Buzzer: Bank of New York Mellon Corp (NYSE:BK), Eaton Vance Corp (NYSE:EV) - share market updates (press release) (NYSE:BK)
sharemarketupdates.com - August 8 at 3:54 PM
fortune.com logoIdentifying Analyst Research Reports To Consider: Bank of New York Mellon Corp (NYSE:BK), Wal-Mart Stores, Inc ... - Review Fortune (NYSE:BK)
reviewfortune.com - August 8 at 3:54 PM
capitalcube.com logoThe Bank of New York Mellon Corp. breached its 50 day moving average in a Bullish Manner : BK-US : August 8, 2016 (NYSE:BK)
www.capitalcube.com - August 8 at 8:39 AM
publicnow.com logoAdriano Koelle: On Brazil and BNY Mellon (NYSE:BK)
www.publicnow.com - August 6 at 11:34 AM
News IconLeading stocks in today’s market: The Bank of New York Mellon Corporation (NYSE:BK) (NYSE:BK)
twincountynews.com - August 5 at 9:13 PM
publicnow.com logoNew Report from BNY Mellon Reveals Strategies for Optimizing Collateral Value (NYSE:BK)
www.publicnow.com - August 5 at 12:15 PM
News IconUpdate on The Bank of New York Mellon Corporation (NYSE:BK) for the day (NYSE:BK)
twincountynews.com - August 4 at 9:36 PM
News IconAnalysts Rating to Track: Bank of New York Mellon Corp (NYSE:BK) - The Voice Registrar (NYSE:BK)
voiceregistrar.com - August 4 at 3:57 PM
biz.yahoo.com logoBANK OF NEW YORK MELLON CORP Files SEC form 8-K, Material Modification to Rights of Security Holders, Amendments to A (NYSE:BK)
biz.yahoo.com - August 2 at 8:38 AM
publicnow.com logoBNY Mellon's Annual ETF Symposium to Feature Political Commentators (NYSE:BK)
www.publicnow.com - July 30 at 1:08 AM
4-traders.com logoThe Bank of New York Mellon Corporation : Top Stock from Financial Sector (NYSE:BK)
www.4-traders.com - July 29 at 3:53 PM
nasdaq.com logoBank Of New York Mellon Corporation (BK) Ex-Dividend Date Scheduled for July ... (NYSE:BK)
www.nasdaq.com - July 29 at 3:53 PM

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


Last Updated on 8/27/2016 by MarketBeat.com Staff