The Bank of New York Mellon Corporation (BK)
(Delayed Data from NYSE)
$41.93 USD
-0.33 (-0.78%)
Updated Jan 22, 2021 04:00 PM ET
After-Market: $41.92 -0.01 (-0.02%) 6:16 PM ET
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.41% |
| 2 | Buy | 17.88% |
| 3 | Hold | 9.48% |
| 4 | Sell | 5.03% |
| 5 | Strong Sell | 1.87% |
| S&P | 500 | 10.70% |
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3-Hold of 5 3
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.
| Value Score | A |
|---|---|
| Growth Score | A |
| Momentum Score | A |
| VGM Score | A |
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
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B Value C Growth A Momentum B VGM
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
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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 in more than 100 markets worldwide. The company’s global client base consists of financial institutions, corporations, government ...
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 in more than 100 markets worldwide. The company’s global client base consists of financial institutions, corporations, government agencies, endowments and foundations as well as high-net-worth individuals.
BNY Mellon presents operations through the following businesses:
- The Investment and Wealth Management segment (7% of average assets in 2020) 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 Investment Services segment (81.9%) provides global custody and related services, broker-dealer services, alternative investment services, corporate trust, depositary receipt and shareowner services, as well as clearing services and global payment/working capital solutions to global financial institutions.
- The Other segment (11.1%) primarily 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, 2020, BNY Mellon had $41.1 trillion in assets under custody and/or administration, and $2.2 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 | 12/31/2020 |
| Next EPS Date | 4/15/2021 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.92 |
| Current Year EPS Consensus Estimate | 4.12 |
| Estimated Long-Term EPS Growth Rate | 8.00 |
| Next EPS Report Date | 4/15/2021 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 42.26 |
| 52 Week High | 47.63 |
| 52 Week Low | 26.40 |
| Beta | 1.07 |
| 20 Day Moving Average | 3,976,403.25 |
| Target Price Consensus | 47.50 |
| 4 Week | 2.97 |
| 12 Week | 23.14 |
| YTD | -0.42 |
| 4 Week | -1.04 |
| 12 Week | 5.78 |
| YTD | -2.37 |
| Shares Outstanding (millions) | 886.14 |
| Market Capitalization (millions) | 37,448.10 |
| Short Ratio | NA |
| Last Split Date | 7/2/2007 |
| Dividend Yield | 2.93% |
| Annual Dividend | $1.24 |
| Payout Ratio | 0.31 |
| Change in Payout Ratio | 0.04 |
| Last Dividend Payout / Amount | 10/27/2020 / $0.31 |
Fundamental Ratios
| P/E (F1) | 10.27 |
| Trailing 12 Months | 10.56 |
| PEG Ratio | 1.28 |
| vs. Previous Year | -4.95% |
| vs. Previous Quarter | -2.04% |
| vs. Previous Year | -30.49% |
| vs. Previous Quarter | -0.63% |
| Price/Book | 0.90 |
| Price/Cash Flow | 9.65 |
| Price / Sales | 2.21 |
| 12/31/20 | 9.50 |
| 9/30/20 | 9.89 |
| 6/30/20 | 10.34 |
| 12/31/20 | 0.84 |
| 9/30/20 | 0.89 |
| 6/30/20 | 0.95 |
| 12/31/20 | 0.69 |
| 9/30/20 | 0.65 |
| 6/30/20 | 0.68 |
| 12/31/20 | NA |
| 9/30/20 | 0.65 |
| 6/30/20 | 0.68 |
| 12/31/20 | 22.31 |
| 9/30/20 | 20.63 |
| 6/30/20 | 19.98 |
| 12/31/20 | 21.37 |
| 9/30/20 | 23.09 |
| 6/30/20 | 22.31 |
| 12/31/20 | 34.82 |
| 9/30/20 | 28.88 |
| 6/30/20 | 27.92 |
| 12/31/20 | 46.72 |
| 9/30/20 | 45.86 |
| 6/30/20 | 44.34 |
| 12/31/20 | NA |
| 9/30/20 | NA |
| 6/30/20 | NA |
| 12/31/20 | 0.64 |
| 9/30/20 | 0.65 |
| 6/30/20 | 0.74 |
| 12/31/20 | 36.59 |
| 9/30/20 | 37.17 |
| 6/30/20 | 40.12 |