Bank of New York Mellon Corp. (BK): Price and Financial Metrics
BK Price/Volume Stats
| Current price | $42.15 | 52-week high | $52.26 |
| Prev. close | $42.65 | 52-week low | $36.22 |
| Day low | $42.05 | Volume | 633,904 |
| Day high | $42.68 | Avg. volume | 5,131,491 |
| 50-day MA | $44.48 | Dividend yield | 3.94% |
| 200-day MA | $45.26 | Market Cap | 32.83B |
BK Stock Price Chart Interactive Chart >
BK POWR Grades
- Momentum is the dimension where BK ranks best; there it ranks ahead of 85.32% of US stocks.
- The strongest trend for BK is in Quality, which has been heading down over the past 177 days.
- BK ranks lowest in Sentiment; there it ranks in the 23rd percentile.
BK Stock Summary
- With a market capitalization of $33,254,011,384, BANK OF NEW YORK MELLON CORP has a greater market value than 93.14% of US stocks.
- BANK OF NEW YORK MELLON CORP's stock had its IPO on January 1, 1986, making it an older stock than 93.16% of US equities in our set.
- BK's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 90.39% of US stocks.
- Stocks that are quantitatively similar to BK, based on their financial statements, market capitalization, and price volatility, are TFC, HIG, NTR, PNC, and RYAAY.
- Visit BK's SEC page to see the company's official filings. To visit the company's web site, go to www.bnymellon.com.
BK Valuation Summary
- BK's price/earnings ratio is 12.7; this is 33.68% higher than that of the median Financial Services stock.
- BK's price/sales ratio has moved down 3.4 over the prior 243 months.
Below are key valuation metrics over time for BK.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| BK | 2023-09-15 | 2.1 | 0.9 | 12.7 | -12.0 |
| BK | 2023-09-14 | 2.1 | 0.9 | 12.9 | -11.9 |
| BK | 2023-09-13 | 2.1 | 0.9 | 12.8 | -12.0 |
| BK | 2023-09-12 | 2.1 | 0.9 | 12.8 | -12.0 |
| BK | 2023-09-11 | 2.1 | 0.9 | 12.7 | -12.0 |
| BK | 2023-09-08 | 2.0 | 0.9 | 12.6 | -12.1 |
BK Growth Metrics
- Its 5 year net cashflow from operations growth rate is now at -119.88%.
- Its 2 year revenue growth rate is now at -4.41%.
- The 4 year price growth rate now stands at -26.91%.
The table below shows BK's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 16,377 | 15,068 | 2,362 |
| 2022-09-30 | 16,474 | 15,273 | 2,675 |
| 2022-06-30 | 16,230 | 11,602 | 3,237 |
| 2022-03-31 | 15,936 | 9,441 | 3,393 |
| 2021-12-31 | 15,931 | 2,838 | 3,552 |
| 2021-09-30 | 15,759 | -1,156 | 3,432 |
BK's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- BK has a Quality Grade of C, ranking ahead of 38.42% of graded US stocks.
- BK's asset turnover comes in at 0.034 -- ranking 305th of 428 Banking stocks.
- ENVA, ELVT, and MCBC are the stocks whose asset turnover ratios are most correlated with BK.
The table below shows BK's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.034 | 1 | 0.013 |
| 2021-03-31 | 0.035 | 1 | 0.013 |
| 2020-12-31 | 0.035 | 1 | 0.014 |
| 2020-09-30 | 0.039 | 1 | 0.017 |
| 2020-06-30 | 0.040 | 1 | 0.018 |
| 2020-03-31 | 0.042 | 1 | 0.018 |
BK Price Target
For more insight on analysts targets of BK, see our BK price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $57.00 | Average Broker Recommendation | 1.56 (Moderate Buy) |
Bank of New York Mellon Corp. (BK) Company Bio
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company,[2][3][4] with $2.4 trillion in assets under management and $46.7 trillion in assets under custody as of the second quarter of 2021.[5][1] It is considered a systemically important bank by the Financial Stability Board. BNY Mellon is incorporated in Delaware. (Source:Wikipedia)
Latest BK News From Around the Web
Below are the latest news stories about BANK OF NEW YORK MELLON CORP that investors may wish to consider to help them evaluate BK as an investment opportunity.
Despite lower earnings than three years ago, Bank of New York Mellon (NYSE:BK) investors are up 37% since thenBy buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with... |
Dreyfus Launches SPARK Shares of Dreyfus Government Cash Management Available Exclusively through BNY MellonDreyfus, one of the largest, trusted cash and liquidity managers, announced today the launch of SPARKSM shares (ticker: SPKXX).1 The share class allows clients to drive change with their liquidity investments by directing a donation to an eligible non-profit organization of their choice.2,3 The donation is expected to result in a positive, quantifiable impact for the selected organization. |
BOE Rate Hike Hangs in the Balance for Market as Inflation Slows(Bloomberg) -- Traders are betting on an imminent end to the Bank of England’s string of interest-rate increases after inflation unexpectedly slowed to the lowest level in 18 months.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseTrudeau’s Murder Claim Risks Upending US Courtship of IndiaStocks Fall as Yields Rise on Fed’s ‘Hawkish Skip’: Markets WrapDollar Rally Is Crushing One of the M |
BNY Mellon Announces Settlement of Cash Tender Offer by its Wholly Owned Subsidiary for Certain of its Senior NotesThe Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today announced the settlement of the previously announced cash tender offer (the "Offer") by BNY Mellon Capital Markets, LLC ("BNYMCM"), an indirect wholly-owned subsidiary of BNY Mellon, which commenced on September 5, 2023, to purchase any and all of the securities of BNY Mellon listed in the table below (the "Securities"). The Offer expired on September 11, 2023, at 5:00 p.m., New York City time (the "Expiration Date"). The Of |
BNY Mellon and Datos Insights Release Global Survey on the Growth and Future of Real-time PaymentsBNY Mellon (NYSE: BK), in collaboration with Datos Insights, today released a report examining the ongoing growth of real-time payments as a result of increasing demand from consumers for faster payment options. The reports finds that a focus on faster payment rails represents a significant market opportunity – and businesses that are not investing in new payments technology could find themselves at a competitive disadvantage. The report also finds that the increase in cross-border transactions |
BK Price Returns
| 1-mo | -7.20% |
| 3-mo | N/A |
| 6-mo | -4.36% |
| 1-year | 13.28% |
| 3-year | 33.03% |
| 5-year | -6.48% |
| YTD | -4.99% |
| 2022 | -19.14% |
| 2021 | 40.55% |
| 2020 | -12.91% |
| 2019 | 9.56% |
| 2018 | -10.85% |
BK Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching BK
Want to see what other sources are saying about Bank of New York Mellon Corp's financials and stock price? Try the links below:Bank of New York Mellon Corp (BK) Stock Price | Nasdaq
Bank of New York Mellon Corp (BK) Stock Quote, History and News - Yahoo Finance
Bank of New York Mellon Corp (BK) Stock Price and Basic Information | MarketWatch
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