S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:BK

Bank of New York Mellon Stock Forecast, Price & News

$56.32
+0.19 (+0.34%)
(As of 12/8/2021 04:00 PM ET)
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Today's Range
$55.82
$57.42
50-Day Range
$51.84
$60.09
52-Week Range
$39.46
$60.52
Volume
5.63 million shs
Average Volume
4.98 million shs
Market Capitalization
$46.51 billion
P/E Ratio
14.33
Dividend Yield
2.42%
Beta
1.16
30 days | 90 days | 365 days | Advanced Chart
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Bank of New York Mellon logo

About Bank of New York Mellon

The Bank of New York Mellon Corp. is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Investment Services and Investment and Wealth Management. The Investment Services and Investment segment includes institutional trust and custody fees, broker-dealer services, corporate trust, depositary receipts, and foreign exchange. The Wealth Management segment provides services to institutional and retail investors, as well as investment management, wealth and estate planning. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.

Headlines

BK January 2022 Options Begin Trading
December 2, 2021 |  nasdaq.com
BNY Mellon's Pershing to Acquire Optimal Asset Management
December 2, 2021 |  finance.yahoo.com
Argentina Bonds Climb as President Promises Plan After Vote
November 15, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
06405810
Employees
48,500
Year Founded
1784

Sales & Book Value

Annual Sales
$16.94 billion
Cash Flow
$6.12 per share
Book Value
$47.63 per share

Profitability

Net Income
$3.62 billion
Pretax Margin
27.99%

Debt

Price-To-Earnings

Miscellaneous

Free Float
824,830,000
Market Cap
$46.51 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/18/2021
Ex-Dividend
10/29/2021
Dividend Payable
11/12/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Confirmed)
1/18/2022

Social Links


MarketRank

Overall MarketRank

2.93 out of 5 stars

Finance Sector

74th out of 1,342 stocks

State Commercial Banks Industry

11th out of 233 stocks

Analyst Opinion: 2.3Community Rank: 4.7Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Bank of New York Mellon (NYSE:BK) Frequently Asked Questions

Is Bank of New York Mellon a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of New York Mellon in the last year. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Bank of New York Mellon stock.
View analyst ratings for Bank of New York Mellon
or view top-rated stocks.

How has Bank of New York Mellon's stock price been impacted by COVID-19?

Bank of New York Mellon's stock was trading at $34.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BK shares have increased by 64.7% and is now trading at $56.32.
View which stocks have been most impacted by COVID-19
.

When is Bank of New York Mellon's next earnings date?

Bank of New York Mellon is scheduled to release its next quarterly earnings announcement on Tuesday, January 18th 2022.
View our earnings forecast for Bank of New York Mellon
.

How can I listen to Bank of New York Mellon's earnings call?

Bank of New York Mellon will be holding an earnings conference call on Tuesday, January 18th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 719-457-0820 with passcode "3619155".

How were Bank of New York Mellon's earnings last quarter?

The Bank of New York Mellon Co. (NYSE:BK) released its quarterly earnings data on Monday, October, 18th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.01 by $0.03. The bank had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $3.95 billion. Bank of New York Mellon had a net margin of 22.75% and a trailing twelve-month return on equity of 9.37%. The firm's revenue was up 4.9% on a year-over-year basis. During the same period last year, the company posted $0.98 EPS.
View Bank of New York Mellon's earnings history
.

How often does Bank of New York Mellon pay dividends? What is the dividend yield for Bank of New York Mellon?

Bank of New York Mellon declared a quarterly dividend on Tuesday, October 19th. Shareholders of record on Monday, November 1st will be paid a dividend of $0.34 per share on Friday, November 12th. This represents a $1.36 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date is Friday, October 29th.
View Bank of New York Mellon's dividend history
.

Is Bank of New York Mellon a good dividend stock?

Bank of New York Mellon pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.42%. Bank of New York Mellon has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Bank of New York Mellon is 34.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bank of New York Mellon will have a dividend payout ratio of 30.36% next year. This indicates that Bank of New York Mellon will be able to sustain or increase its dividend.
View Bank of New York Mellon's dividend history.

How will Bank of New York Mellon's stock buyback program work?

Bank of New York Mellon declared that its Board of Directors has initiated a share buyback plan on Monday, June 28th 2021, which permits the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 13.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

What price target have analysts set for BK?

14 analysts have issued twelve-month target prices for Bank of New York Mellon's shares. Their forecasts range from $47.00 to $70.00. On average, they expect Bank of New York Mellon's share price to reach $57.79 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
View analysts' price targets for Bank of New York Mellon
or view top-rated stocks among Wall Street analysts.

Who are Bank of New York Mellon's key executives?

Bank of New York Mellon's management team includes the following people:
  • Thomas P. Gibbons, Chief Executive Officer & Director
  • Bridget E. Engle, Chief Operations & Technology Officer
  • Emily H. Portney, Chief Financial Officer
  • J. Kevin McCarthy, Senior Executive Vice President & General Counsel
  • Hani A. Kablawi, Senior Executive VP & Head-International

What is Todd Gibbons' approval rating as Bank of New York Mellon's CEO?

378 employees have rated Bank of New York Mellon CEO Todd Gibbons on Glassdoor.com. Todd Gibbons has an approval rating of 80% among Bank of New York Mellon's employees.

What other stocks do shareholders of Bank of New York Mellon own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of New York Mellon investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), Walt Disney (DIS), Wells Fargo & Company (WFC), Walmart (WMT) and Cisco Systems (CSCO).

What is Bank of New York Mellon's stock symbol?

Bank of New York Mellon trades on the New York Stock Exchange (NYSE) under the ticker symbol "BK."

Who are Bank of New York Mellon's major shareholders?

Bank of New York Mellon's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.75%), Artisan Partners Limited Partnership (2.30%), American Century Companies Inc. (1.90%), Longview Partners Guernsey LTD (1.87%), Davis Selected Advisers (1.79%) and Geode Capital Management LLC (1.55%). Company insiders that own Bank of New York Mellon stock include Berkshire Hathaway Inc, Bridget E Engle, J Kevin Mccarthy, Kurtis R Kurimsky, Mitchell E Harris and Salla Francis J La.
View institutional ownership trends for Bank of New York Mellon
.

Which major investors are selling Bank of New York Mellon stock?

BK stock was sold by a variety of institutional investors in the last quarter, including Longview Partners Guernsey LTD, Artisan Partners Limited Partnership, AXA S.A., Goldman Sachs Group Inc., Morgan Stanley, Schonfeld Strategic Advisors LLC, Deutsche Bank AG, and Natixis. Company insiders that have sold Bank of New York Mellon company stock in the last year include J Kevin Mccarthy, Kurtis R Kurimsky, and Salla Francis J La.
View insider buying and selling activity for Bank of New York Mellon
or view top insider-selling stocks.

Which major investors are buying Bank of New York Mellon stock?

BK stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Marathon Asset Mgmt Ltd, BlackRock Inc., Victory Capital Management Inc., M&G Investment Management Ltd., Nordea Investment Management AB, LSV Asset Management, and NN Investment Partners Holdings N.V..
View insider buying and selling activity for Bank of New York Mellon
or or view top insider-buying stocks.

How do I buy shares of Bank of New York Mellon?

Shares of BK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bank of New York Mellon's stock price today?

One share of BK stock can currently be purchased for approximately $56.32.

How much money does Bank of New York Mellon make?

Bank of New York Mellon has a market capitalization of $46.51 billion and generates $16.94 billion in revenue each year. The bank earns $3.62 billion in net income (profit) each year or $3.93 on an earnings per share basis.

How many employees does Bank of New York Mellon have?

Bank of New York Mellon employs 48,500 workers across the globe.

Does Bank of New York Mellon have any subsidiaries?

The following companies are subsidiares of Bank of New York Mellon: BNY Capital Markets Holdings Inc., BNY International Financing Corporation, BNY Markets Limited, BNY Mellon Capital Markets LLC, BNY Mellon Fund Management (Luxembourg) S.A., BNY Mellon Fund Managers Limited, BNY Mellon IHC LLC, BNY Mellon International Asset Management (Holdings) Limited, BNY Mellon International Asset Management (Holdings) No. 1 Limited, BNY Mellon International Asset Management Group Limited, BNY Mellon Investment Adviser Inc., BNY Mellon Investment Management (Jersey) Limited, BNY Mellon Investment Management EMEA Limited, BNY Mellon Investment Management Europe Holdings Limited, BNY Mellon National Association, Cutwater Asset Management, DBV-X, I3 Advisors, Insight Investment, Insight Investment Management (Europe) Limited, Insight Investment Management (Global) Limited, Insight Investment Management Limited, MBC Investments Corporation, PNC Global Investment Servicing, Pershing Group LLC, Pershing Holdings (UK) Limited, Pershing LLC, Pershing Limited, Pershing Securities Limited, The Bank of New York Mellon, The Bank of New York Mellon (International) Limited, The Bank of New York Mellon SA/NV, and Walter Scott & Partners Limited.

When was Bank of New York Mellon founded?

Bank of New York Mellon was founded in 1784.

What is Bank of New York Mellon's official website?

The official website for Bank of New York Mellon is www.bnymellon.com.

Where are Bank of New York Mellon's headquarters?

Bank of New York Mellon is headquartered at 240 GREENWICH STREET, NEW YORK NY, 10286.

How can I contact Bank of New York Mellon?

Bank of New York Mellon's mailing address is 240 GREENWICH STREET, NEW YORK NY, 10286. The bank can be reached via phone at (212) 495-1784, via email at [email protected], or via fax at 302-655-5049.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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