S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:BK

Bank of New York Mellon Stock Forecast, Price & News

$57.18
-2.74 (-4.57%)
(As of 01/21/2022 12:00 AM ET)
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Today's Range
$56.86
$59.76
50-Day Range
$54.14
$63.65
52-Week Range
$39.46
$64.53
Volume
5.98 million shs
Average Volume
5.15 million shs
Market Capitalization
$47.22 billion
P/E Ratio
13.78
Dividend Yield
2.27%
Beta
1.17
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

BNY Mellon Seeks Buyer for Alcentra, Again
January 21, 2022 |  finance.yahoo.com
Bull of the Day: BNY Mellon (BK)
January 20, 2022 |  finance.yahoo.com
Bank of New York Mellon (NYSE:BK) Shares Down 5.3%
January 19, 2022 |  americanbankingnews.com
Bank of New York Mellon (NYSE:BK) Price Target Raised to $70.00
January 19, 2022 |  americanbankingnews.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
$16.16 billion
Cash Flow
$4.26 per share
Book Value
$46.49 per share

Profitability

Net Income
$3.62 billion
Pretax Margin
34.91%

Debt

Price-To-Earnings

Miscellaneous

Free Float
824,830,000
Market Cap
$47.22 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/12 Dividend
10/29/2021
Dividend Payable
11/12/2021
Last Earnings
1/18/2022
Today
1/23/2022
Ex-Dividend for 2/11 Dividend
1/28/2022
Dividend Payable
2/11/2022
Next Earnings (Estimated)
4/15/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.85 out of 5 stars

Finance Sector

122nd out of 1,355 stocks

State Commercial Banks Industry

13th out of 235 stocks

Analyst Opinion: 1.3Community Rank: 4.7Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 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?

13 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 8 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 been impacted by Coronavirus?

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 stock has increased by 67.2% and is now trading at $57.18.
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 Friday, April 15th 2022.
View our earnings forecast for Bank of New York Mellon
.

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 Tuesday, January, 18th. The bank reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.01 by $0.03. Bank of New York Mellon had a trailing twelve-month return on equity of 9.51% and a net margin of 23.26%. During the same period in the prior year, the business earned $0.96 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, January 18th. Investors of record on Monday, January 31st will be paid a dividend of $0.34 per share on Friday, February 11th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Friday, January 28th.
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 2.27%. Bank of New York Mellon has been increasing its dividend for 11 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 32.77%. 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 24.16% 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 announced that its board has initiated a share repurchase plan on Monday, June 28th 2021, which permits the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 13.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

What price target have analysts set for BK?

13 equities research analysts have issued 12-month price targets for Bank of New York Mellon's shares. Their forecasts range from $50.00 to $74.00. On average, they anticipate Bank of New York Mellon's stock price to reach $61.77 in the next year. This suggests a possible upside of 8.0% 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 many different institutional and retail investors. Top institutional shareholders include M&G Investment Management Ltd. (0.13%), Sabal Trust CO (0.08%), Hikari Power Ltd (0.08%), Nordea Investment Management AB (0.07%), Russell Investments Group Ltd. (0.06%) and Royal London Asset Management Ltd. (0.03%). 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 M&G Investment Management Ltd., Russell Investments Group Ltd., Moody National Bank Trust Division, KMG Fiduciary Partners LLC, Cullinan Associates Inc., Retirement Systems of Alabama, Kestra Advisory Services LLC, and Royal London Asset Management Ltd.. 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 acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Exchange Traded Concepts LLC, First Hawaiian Bank, Crossmark Global Holdings Inc., Stonnington Group LLC, DNB Asset Management AS, Kolinsky Wealth Management LLC, and Wealthfront Advisers LLC.
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 $57.18.

How much money does Bank of New York Mellon make?

Bank of New York Mellon has a market capitalization of $47.22 billion and generates $16.16 billion in revenue each year. The bank earns $3.62 billion in net income (profit) each year or $4.15 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 1/23/2022 by MarketBeat.com Staff

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