S&P 500   4,551.68
DOW   35,490.69
QQQ   380.00
S&P 500   4,551.68
DOW   35,490.69
QQQ   380.00
S&P 500   4,551.68
DOW   35,490.69
QQQ   380.00
S&P 500   4,551.68
DOW   35,490.69
QQQ   380.00
NYSE:BK

The Bank of New York Mellon Stock Forecast, Price & News

$58.45
-0.65 (-1.10 %)
(As of 10/27/2021 12:00 AM ET)
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Today's Range
$58.38
$59.49
50-Day Range
$49.30
$59.71
52-Week Range
$33.19
$60.52
Volume
4.33 million shs
Average Volume
5.15 million shs
Market Capitalization
$50.45 billion
P/E Ratio
15.10
Dividend Yield
2.30%
Beta
1.1
30 days | 90 days | 365 days | Advanced Chart
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The Bank of New York Mellon logo

About The 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.

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
06405810
Employees
2,018
Year Founded
1784

Sales & Book Value

Annual Sales
$16.94 billion
Cash Flow
$6.87 per share
Book Value
$46.72 per share

Profitability

Net Income
$3.62 billion
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$50.45 billion
Next Earnings Date
1/19/2022 (Estimated)
Fiscal Year End
N/A
Optionable
Optionable

Social Links


MarketRank

Overall MarketRank

2.61 out of 5 stars

Finance Sector

171st out of 1,333 stocks

State Commercial Banks Industry

29th out of 232 stocks

Analyst Opinion: 2.3Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












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

Is The Bank of New York Mellon a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Bank of New York Mellon in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" The Bank of New York Mellon stock.
View analyst ratings for The Bank of New York Mellon
or view top-rated stocks.

What stocks does MarketBeat like better than The Bank of New York Mellon?

Wall Street analysts have given The Bank of New York Mellon a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Bank of New York Mellon wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting The Bank of New York Mellon?

The Bank of New York Mellon saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 9,730,000 shares, an increase of 31.1% from the September 30th total of 7,420,000 shares. Based on an average daily volume of 4,830,000 shares, the short-interest ratio is currently 2.0 days. Approximately 1.1% of the company's shares are sold short.
View The Bank of New York Mellon's Short Interest
.

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

The Bank of New York Mellon is scheduled to release its next quarterly earnings announcement on Wednesday, January 19th 2022.
View our earnings forecast for The Bank of New York Mellon
.

How were The 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 Zacks' consensus estimate of $1.01 by $0.03. The bank had revenue of $4.04 billion for the quarter, compared to analyst estimates of $3.95 billion. The Bank of New York Mellon had a trailing twelve-month return on equity of 9.27% and a net margin of 22.86%. The Bank of New York Mellon's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.98 earnings per share.
View The Bank of New York Mellon's earnings history
.

How has The Bank of New York Mellon's stock price been impacted by Coronavirus?

The Bank of New York Mellon's stock was trading at $34.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BK shares have increased by 70.9% and is now trading at $58.45.
View which stocks have been most impacted by COVID-19
.

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

The Bank of New York Mellon announced a quarterly dividend on Tuesday, October 19th. Investors of record on Monday, November 1st will be given a dividend of $0.34 per share on Friday, November 12th. This represents a $1.36 annualized dividend and a yield of 2.33%. The ex-dividend date is Friday, October 29th.
View The Bank of New York Mellon's dividend history
.

Is The Bank of New York Mellon a good dividend stock?

The Bank of New York Mellon pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.30%. The Bank of New York Mellon does not yet have a strong track record of dividend growth. The dividend payout ratio of The Bank of New York Mellon is 33.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Bank of New York Mellon will have a dividend payout ratio of 29.44% next year. This indicates that The Bank of New York Mellon will be able to sustain or increase its dividend.
View The Bank of New York Mellon's dividend history.

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

The Bank of New York Mellon announced that its Board of Directors has authorized a stock buyback program on Monday, June 28th 2021, which allows the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 13.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

What price target have analysts set for BK?

14 brokers have issued 12-month price targets for The Bank of New York Mellon's shares. Their forecasts range from $47.00 to $70.00. On average, they anticipate The Bank of New York Mellon's share price to reach $57.57 in the next year. This suggests that the stock has a possible downside of 1.5%.
View analysts' price targets for The Bank of New York Mellon
or view top-rated stocks among Wall Street analysts.

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

The 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 The Bank of New York Mellon's CEO?

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

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

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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), The Walt Disney (DIS), Wells Fargo & Company (WFC), Walmart (WMT) and Cisco Systems (CSCO).

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

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

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

The Bank of New York Mellon's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.29%), Robeco Institutional Asset Management B.V. (0.11%), New York State Teachers Retirement System (0.11%), Miller Howard Investments Inc. NY (0.11%), Hikari Power Ltd (0.08%) and Sabal Trust CO (0.08%). Company insiders that own The 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 The Bank of New York Mellon
.

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

BK stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Westpac Banking Corp, DekaBank Deutsche Girozentrale, Robeco Institutional Asset Management B.V., New York State Teachers Retirement System, Crossmark Global Holdings Inc., Sumitomo Mitsui Trust Holdings Inc., and Chevy Chase Trust Holdings Inc.. Company insiders that have sold The 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 The Bank of New York Mellon
or view top insider-selling stocks.

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

BK stock was purchased by a variety of institutional investors in the last quarter, including Abner Herrman & Brock LLC, Baxter Bros Inc., Stephens Inc. AR, Kestra Advisory Services LLC, Guardian Investment Management, Calamos Advisors LLC, Sabal Trust CO, and Pinnacle Associates Ltd..
View insider buying and selling activity for The Bank of New York Mellon
or or view top insider-buying stocks.

How do I buy shares of The 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 The Bank of New York Mellon's stock price today?

One share of BK stock can currently be purchased for approximately $58.45.

How much money does The Bank of New York Mellon make?

The Bank of New York Mellon has a market capitalization of $50.45 billion and generates $16.94 billion in revenue each year. The bank earns $3.62 billion in net income (profit) each year or $4.01 on an earnings per share basis.

How many employees does The Bank of New York Mellon have?

The Bank of New York Mellon employs 2,018 workers across the globe.

Does The Bank of New York Mellon have any subsidiaries?

The following companies are subsidiares of The 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 The Bank of New York Mellon founded?

The Bank of New York Mellon was founded in 1784.

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

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

Where are The Bank of New York Mellon's headquarters?

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

How can I contact The Bank of New York Mellon?

The 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 or via email at [email protected].


This page was last updated on 10/28/2021 by MarketBeat.com Staff

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