The Bank of New York Mellon (BK)
(Delayed Data from NYSE)
$57.95 USD
+0.51 (0.89%)
Updated Apr 24, 2024 04:00 PM ET
After-Market: $57.94 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
C Value F Growth A Momentum D VGM
Company Summary
Headquartered in New York and formed as a holding company for The Bank of New York Mellon, The Bank of New York Mellon Corporation (popularly known as BNY Mellon) is a financial services company that has been in business since 1784. The company was incorporated on Jul 1, 2007, following the merger of The Bank of New York Company Inc. and Mellon Financial Corporation.
BNY Mellon operates in 35 countries and provides various products and services to individuals and institutions. Its global client base consists of financial institutions, corporations, government agencies, endowments and foundations, and high-net-worth individuals.
Company Summary
Headquartered in New York and formed as a holding company for The Bank of New York Mellon, The Bank of New York Mellon Corporation (popularly known as BNY Mellon) is a financial services company that has been in business since 1784. The company was incorporated on Jul 1, 2007, following the merger of The Bank of New York Company Inc. and Mellon Financial Corporation.
BNY Mellon operates in 35 countries and provides various products and services to individuals and institutions. Its global client base consists of financial institutions, corporations, government agencies, endowments and foundations, and high-net-worth individuals.
BNY Mellon presents operations through the following segments:
The Investment and Wealth Management segment provides investment management services to institutional and retail investors; and investment management, wealth and estate planning and private banking solutions to high-net-worth individuals and families, as well as foundations and endowments.
The Market and Wealth Services segment includes the Pershing, Treasury Services, and Clearance and Collateral Management businesses. Within Pershing, BNY Mellon provides clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading services, and prime brokerage. Treasury services include integrated cash management solutions, whereas Clearance includes U.S. government and global clearing services, and Collateral Management includes tri-party services.
The Securities Services segment includes the Asset Servicing and Issuer Services businesses. Within Asset Servicing, it provides custody, trust & depositary, accounting, ETF services, middle-office solutions, transfer agency, and services for private equity and real estate funds. Issuer Services include corporate trust and depositary receipts.
The Other segment consists of credit-related services, the leasing portfolio, corporate treasury activities, business exits, M&I expenses, as well as other corporate revenues and expense items.
As of Dec 31, 2023, BNY Mellon had $47.8 trillion in assets under custody and/or administration (AUC/A) and $1.97 trillion in AUM.
General Information
The Bank of New York Mellon Corporation
240 GREENWICH STREET
NEW YORK, NY 10286
Phone: 212-495-1784
Fax: 302-655-5049
Email: shrrelations@bnymellon.com
| Industry | Banks - Major Regional |
| Sector | Finance |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 7/16/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.40 |
| Current Year EPS Consensus Estimate | 5.43 |
| Estimated Long-Term EPS Growth Rate | 8.60 |
| Exp Earnings Date | 7/16/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 57.44 |
| 52 Week High | 58.28 |
| 52 Week Low | 39.65 |
| Beta | 1.12 |
| 20 Day Moving Average | 3,571,968.50 |
| Target Price Consensus | 63.57 |
| 4 Week | 1.47 |
| 12 Week | 2.50 |
| YTD | 10.35 |
| 4 Week | 4.55 |
| 12 Week | -0.14 |
| YTD | 4.54 |
| Shares Outstanding (millions) | 752.87 |
| Market Capitalization (millions) | 43,244.93 |
| Short Ratio | NA |
| Last Split Date | 7/2/2007 |
| Dividend Yield | 2.92% |
| Annual Dividend | $1.68 |
| Payout Ratio | 0.32 |
| Change in Payout Ratio | 0.01 |
| Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
| P/E (F1) | 10.58 |
| Trailing 12 Months | 11.00 |
| PEG Ratio | 1.24 |
| vs. Previous Year | 14.16% |
| vs. Previous Quarter | 0.78% |
| vs. Previous Year | 33.52% |
| vs. Previous Quarter | 4.47% |
| Price/Book | 1.19 |
| Price/Cash Flow | 7.32 |
| Price / Sales | 1.19 |
| 3/31/24 | 11.80 |
| 12/31/23 | 11.63 |
| 9/30/23 | 11.84 |
| 3/31/24 | 1.02 |
| 12/31/23 | 1.01 |
| 9/30/23 | 1.02 |
| 3/31/24 | 0.71 |
| 12/31/23 | 0.72 |
| 9/30/23 | 0.71 |
| 3/31/24 | NA |
| 12/31/23 | 0.72 |
| 9/30/23 | 0.71 |
| 3/31/24 | 11.84 |
| 12/31/23 | 12.45 |
| 9/30/23 | 13.89 |
| 3/31/24 | 9.48 |
| 12/31/23 | 10.01 |
| 9/30/23 | 11.81 |
| 3/31/24 | 11.53 |
| 12/31/23 | 12.09 |
| 9/30/23 | 14.80 |
| 3/31/24 | 48.26 |
| 12/31/23 | 48.17 |
| 9/30/23 | 47.05 |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 9/30/23 | NA |
| 3/31/24 | 0.90 |
| 12/31/23 | 0.87 |
| 9/30/23 | 0.83 |
| 3/31/24 | 44.63 |
| 12/31/23 | 43.74 |
| 9/30/23 | 42.28 |