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BK

BK - Bank of New York Mellon Corp-The Stock Price, Fair Value and News

57.94USD+0.50 (+0.87%)Market Closed

Market Summary

BK
USD57.94+0.50
Market Closed
0.87%

BK Alerts

  • 2 major insider sales recently.

BK Stock Price

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BK RSI Chart

BK Valuation

Market Cap

43.3B

Price/Earnings (Trailing)

13.19

Price/Sales (Trailing)

2.1

Price/Free Cashflow

9.24

BK Price/Sales (Trailing)

BK Profitability

Return on Equity

8.04%

Return on Assets

0.8%

Free Cashflow Yield

10.83%

BK Fundamentals

BK Revenue

Revenue (TTM)

20.6B

Rev. Growth (Yr)

52.19%

Rev. Growth (Qtr)

8.04%

BK Earnings

Earnings (TTM)

3.3B

Earnings Growth (Yr)

-62.25%

Earnings Growth (Qtr)

-80.25%

Breaking Down BK Revenue

Last 7 days

6.4%

Last 30 days

1.7%

Last 90 days

4.6%

Trailing 12 Months

31.0%

How does BK drawdown profile look like?

BK Financial Health

Debt/Equity

0.76

Debt/Cashflow

0.19

BK Investor Care

Dividend Yield

2.75%

Dividend/Share (TTM)

1.58

Buy Backs (1Y)

6.19%

Diluted EPS (TTM)

3.87

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202311.0B15.1B18.6B20.6B
202215.9B13.1B11.1B11.0B
202115.6B15.6B15.8B15.9B
202016.7B16.8B16.7B15.8B
201916.1B15.9B15.7B16.5B
201815.9B16.1B16.1B16.4B
201715.3B15.5B15.6B15.5B
201613.6B14.3B14.4B15.2B
201512.9B12.9B12.8B12.9B
201412.0B11.7B12.6B12.7B
201314.6B14.9B15.0B12.0B
201214.6B14.6B14.6B14.5B
20119.3B0014.7B
20108.6B009.1B
200911.5B10.9B10.4B7.0B
2008010.7B12.1B13.6B
20070009.3B

Tracking the Latest Insider Buys and Sells of Bank of New York Mellon Corp-The

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 19, 2024
mccarthy j kevin
sold
-2,245,870
56.1467
-40,000
sevp & general counsel
Apr 18, 2024
keating catherine
sold
-2,967,360
54.88
-54,070
sr. exec. vice president
Apr 01, 2024
echevarria joseph
acquired
75,000
56.96
1,316
-
Apr 01, 2024
robinson elizabeth
acquired
9,374
56.96
164
-
Apr 01, 2024
goldstein jeffrey a
acquired
38,750
56.96
680
-
Apr 01, 2024
izzo ralph
acquired
37,500
56.96
658
-
Feb 28, 2024
koffey jayee
sold (taxes)
-72,610
55.64
-1,305
sr. exec. vice president
Feb 28, 2024
mcdonogh dermot
sold (taxes)
-284,265
55.64
-5,109
chief financial officer
Feb 23, 2024
mccarthy j kevin
sold (taxes)
-1,532,770
55.64
-27,548
sevp & general counsel
Feb 23, 2024
vince robin a.
acquired
-
-
30,015
president & ceo

1–10 of 50

Which funds bought or sold BK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
DUNCKER STREETT & CO INC
unchanged
-
4,177
43,215
0.01%
Apr 23, 2024
Strategic Blueprint, LLC
new
-
207,333
207,333
0.01%
Apr 23, 2024
Global Retirement Partners, LLC
added
2.98
15,890
238,778
0.01%
Apr 23, 2024
Venturi Wealth Management, LLC
added
29.38
8,730
28,926
-%
Apr 23, 2024
WESBANCO BANK INC
added
152
360,846
561,968
0.02%
Apr 23, 2024
Sage Mountain Advisors LLC
reduced
-8.45
3,263
244,827
0.03%
Apr 23, 2024
AMALGAMATED BANK
reduced
-24.35
-1,786,000
9,201,000
0.08%
Apr 23, 2024
Gradient Investments LLC
reduced
-52.19
-9,559
10,698
-%
Apr 23, 2024
Aquila Investment Management LLC
unchanged
-
50,130
518,580
0.44%
Apr 23, 2024
HAMEL ASSOCIATES, INC.
added
42.56
2,019,750
5,513,080
1.77%

1–10 of 50

Are Funds Buying or Selling BK?

Are funds buying BK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BK
No. of Funds

Unveiling Bank of New York Mellon Corp-The's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
dodge & cox
7.6%
58,771,100
SC 13G/A
Feb 13, 2024
vanguard group inc
9.69%
74,500,651
SC 13G/A
Jan 25, 2024
blackrock inc.
8.4%
64,360,422
SC 13G/A
Feb 14, 2023
dodge & cox
7.4%
59,815,247
SC 13G/A
Feb 14, 2023
berkshire hathaway inc
3.1%
25,069,867
SC 13G/A
Feb 09, 2023
vanguard group inc
8.68%
70,120,078
SC 13G/A
Feb 07, 2023
blackrock inc.
8.0%
64,560,326
SC 13G/A
Feb 14, 2022
dodge & cox
7.1%
58,247,004
SC 13G/A
Feb 09, 2022
vanguard group inc
7.97%
65,812,336
SC 13G/A
Feb 07, 2022
blackrock inc.
6.7%
55,439,159
SC 13G/A

Recent SEC filings of Bank of New York Mellon Corp-The

View All Filings
Date Filed Form Type Document
Apr 23, 2024
4
Insider Trading
Apr 22, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
144
Notice of Insider Sale Intent
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading

Peers (Alternatives to Bank of New York Mellon Corp-The)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
114.1B
17.9B
-7.12% 13.63%
20.74
6.39
-0.08% 6.26%
88.8B
8.0B
-2.84% 40.18%
63.83
11.07
-5.81% -20.41%
43.3B
20.6B
1.74% 31.01%
13.19
2.1
87.93% 27.71%
42.0B
3.6B
1.99% 57.21%
88.54
11.56
18.87% 183.11%
13.3B
7.9B
-7.45% -6.15%
13.77
1.69
-1.81% -3.56%
MID-CAP
6.5B
5.7B
-7.19% -13.47%
-19.63
1.15
-5.50% -148.79%
5.3B
2.1B
-1.39% 12.96%
7.87
2.57
-11.67% -41.28%
3.8B
-
-0.98% -5.74%
14.51
-
- -3.64%
3.5B
489.6M
-4.77% 15.66%
27.47
7.24
-13.63% -24.55%
3.5B
975.1M
-2.14% 23.65%
15.63
3.56
-1.83% 7.51%
2.6B
708.5M
-1.65% 9.13%
21.23
3.69
15.83% 19.23%
SMALL-CAP
898.3M
426.6M
4.40% -
13.65
2.11
2.25% -34.59%
881.2M
241.7M
-6.76% -25.95%
-128.06
3.65
21.87% -123.56%
16.4M
746.8M
125.35% -54.55%
-3.54
0.02
15.88% -226.93%
704.7K
25.3M
-0.03% -11.71%
0.02
0.03
137.10% 176.58%

Bank of New York Mellon Corp-The News

Latest updates
Business Wire • 69 minutes ago
Marketscreener.com • 16 Apr 2024 • 10:36 am
Marketscreener.com • 3 months ago

Bank of New York Mellon Corp-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.0%5,9635,5195,2243,9423,9181,9841,1593,9264,0154,0353,9603,9213,8433,8474,0104,1084,7783,8613,9243,8994,007
EBITDA Margin---------0.55*0.55*0.56*0.56*0.56*0.53*0.53*0.53*0.53*0.56*0.56*0.56*0.56*
Interest Expenses8.4%1,1011,0161,1001,1281,056926824698677641645655680703780814815730802841885
Income Taxes-88.0%29.00241270260142242231153196219241221148213216265373246264237150
EBT Margin---------0.27*0.27*0.27*0.27*0.27*0.25*0.25*0.25*0.26*0.27*0.27*0.26*0.26*
Net Income-80.3%2051,0381,0679765433888697738639471,0229277509379509801,4401,0381,017946881
Net Income Margin-18.3%0.16*0.19*0.20*0.25*0.23*0.26*0.26*0.23*0.24*0.23*0.23*0.23*0.23*0.26*0.26*0.27*0.27*----
Free Cashflow-149.7%-2,3374,7047941,5312,5673,6074,3903,1582,755-3222,584-3,394-1,1314456,451-1,949-2,569----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.2%409,953405,248430,382425,112405,783427,953452,621473,811444,438470,533466,963464,984469,633428,398442,316468,155381,508373,168381,168346,132362,873
    Cash Equivalents0.4%4,9224,9045,7205,5645,0304,7075,1856,1436,0616,7525,1545,9919,4194,1044,7765,0917,2676,7185,5565,9808,258
  Net PPE-2.2%3,1633,2343,2413,2483,2563,3113,3543,3593,4313,4223,4423,5213,6023,6173,5983,5143,6253,1492,9703,0101,832
  Goodwill0.6%16,26116,15916,24616,19216,15016,41217,27117,46217,51217,42017,48717,46917,49617,35717,25317,24017,38617,24817,33717,36717,350
Liabilities1.3%368,944364,117389,280384,310364,933388,057411,476431,659401,047426,481421,169419,581423,513383,051398,350426,776339,780331,698339,333304,663322,005
  Long Term Debt7.0%31,25729,20532,46330,48930,45827,82027,61025,24625,93125,04325,62925,35025,98440039939727,50138638337629,163
Shareholder's Equity-0.2%40,87440,96640,99840,70640,73439,74440,99141,99743,23043,87445,62545,21645,94445,16843,80941,23941,58541,32341,69941,34740,739
  Retained Earnings-0.4%39,65339,82239,19938,46537,86437,66037,64437,08836,66736,12535,54034,82234,24133,82133,22432,60131,89430,78930,08129,38228,652
  Additional Paid-In Capital0.4%28,90828,79328,72628,65028,50828,37428,31628,25828,12828,07528,00627,92827,82327,74127,70227,64427,51527,47127,40627,34927,118
Shares Outstanding0.8%784778788803811811811809852844869883891891889894940949951--
Minority Interest-10.7%50.0056.0065.0072.007.007.007.0019819627334426214325111294.00102203166122101
Float---34,643---33,679---44,196---34,213---41,581--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-141.0%-2,0685,0401,1481,7922,9243,7254,9903,4293,12954.002,829-3,174-8657786,810-1,685-2,4715,081-1,565-9493,184
Cashflow From Investing-106.5%-1,34620,631-7,343-17,75225,12419,3459,306-33,90119,931-4,158-7794,678-34,15514,44619,855-78,601-5,3186,156-32,19620,810-14,718
Cashflow From Financing113.7%3,741-27,2875,61414,413-26,150-23,061-14,53830,095-24,1275,626-1,941-1,52037,373-15,255-29,49082,8806,005-9,79133,082-19,83713,458
  Dividend Payments-1.5%328333297304305303279278280296273277279278278282286294270270278
  Buy Backs0%4504504481,2562.001.003.001181,2492,0016186991.00-3.009851,0419817505551,372

BK Income Statement

2023-12-31
Consolidated Income Statement - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Fee and other revenue   
Investment services fees$ 8,843,000,000$ 8,529,000,000$ 8,284,000,000
Investment management and performance fees3,058,000,0003,299,000,0003,588,000,000
Foreign exchange revenue631,000,000822,000,000799,000,000
Financing-related fees192,000,000175,000,000194,000,000
Distribution and servicing fees148,000,000130,000,000112,000,000
Total fee revenue12,872,000,00012,955,000,00012,977,000,000
Investment and other income285,000,000(82,000,000)336,000,000
Total fee and other revenue13,157,000,00012,873,000,00013,313,000,000
Net interest revenue   
Interest revenue20,648,000,0007,118,000,0002,845,000,000
Interest expense16,303,000,0003,614,000,000227,000,000
Net interest revenue4,345,000,0003,504,000,0002,618,000,000
Total revenue17,502,000,00016,377,000,00015,931,000,000
Provision for credit losses119,000,00039,000,000(231,000,000)
Noninterest expense   
Staff7,095,000,0006,800,000,0006,337,000,000
Software and equipment1,817,000,0001,657,000,0001,478,000,000
Professional, legal and other purchased services1,527,000,0001,527,000,0001,459,000,000
Net occupancy542,000,000514,000,000498,000,000
Sub-custodian and clearing475,000,000485,000,000505,000,000
Distribution and servicing353,000,000343,000,000298,000,000
Business development183,000,000152,000,000107,000,000
Bank assessment charges788,000,000126,000,000133,000,000
Goodwill impairment0680,000,0000
Amortization of intangible assets57,000,00067,000,00082,000,000
Other458,000,000659,000,000617,000,000
Total noninterest expense13,295,000,00013,010,000,00011,514,000,000
Income   
Income before income taxes4,088,000,0003,328,000,0004,648,000,000
Provision for income taxes800,000,000768,000,000877,000,000
Net income3,288,000,0002,560,000,0003,771,000,000
Net (income) loss attributable to noncontrolling interests related to consolidated investment management funds(2,000,000)13,000,000(12,000,000)
Net income applicable to shareholders of The Bank of New York Mellon Corporation3,286,000,0002,573,000,0003,759,000,000
Preferred stock dividends(235,000,000)(211,000,000)(207,000,000)
Net income applicable to common shareholders of The Bank of New York Mellon Corporation3,051,000,0002,362,000,0003,552,000,000
Net income applicable to common shareholders of The Bank of New York Mellon Corporation used for the earnings per share calculation   
Net income applicable to common shareholders of The Bank of New York Mellon Corporation3,051,000,0002,362,000,0003,552,000,000
Less: Earning allocated to participating securities, basic002,000,000
Less: Earning allocated to participating securities, diluted002,000,000
Net income applicable to common shareholders of The Bank of New York Mellon corporation after required adjustment for the calculation of basic earnings per common share3,051,000,0002,362,000,0003,550,000,000
Net income applicable to common shareholders of The Bank of New York Mellon corporation after required adjustment for the calculation of diluted earnings per common share$ 3,051,000,000$ 2,362,000,000$ 3,550,000,000
Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation   
Basic (shares)784,069811,068851,905
Common stock equivalents (shares)3,8213,9044,900
Less: Participating securities (shares)(92)(177)(446)
Diluted (shares)787,798814,795856,359
Anti-dilutive securities (shares)[1]1,3343,142642
Earnings per share applicable to the common shareholders of The Bank of New York Mellon Corporation   
Basic (usd per share)$ 3.89$ 2.91$ 4.17
Diluted (usd per share)$ 3.87$ 2.90$ 4.14
[1]Represents stock options, restricted stock units and participating securities outstanding but not included in the computation of diluted average common shares because their effect would be anti-dilutive.

BK Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks, net of allowance for credit losses of $18 and $29$ 4,922$ 5,030
Interest-bearing deposits with the Federal Reserve and other central banks111,55091,655
Interest-bearing deposits with banks, net of allowance for credit losses of $2 and $4 (includes restricted of $3,420 and $6,499)12,13917,169
Federal funds sold and securities purchased under resale agreements28,90024,298
Securities:  
Held-to-maturity, at amortized cost, net of allowance for credit losses of $1 and less than $1 (fair value of $44,711 and $49,992)49,57856,194
Available-for-sale, at fair value (amortized cost of $80,678 and $92,484, net of allowance for credit losses of less than $1 and $1)76,81786,622
Total securities126,395142,816
Trading assets10,0589,908
Loans66,87966,063
Allowance for credit losses(303)(176)
Net loans66,57665,887
Premises and equipment3,1633,256
Accrued interest receivable1,150858
Goodwill16,26116,150
Intangible assets2,8542,901
Other assets, net of allowance for credit losses on accounts receivable of $4 and $4 (includes $1,187 and $1,009, at fair value)25,98525,855
Total assets409,953405,783
Deposits:  
Noninterest-bearing (principally U.S. offices)58,27478,017
Interest-bearing deposits in U.S. offices132,616108,362
Interest-bearing deposits in non-U.S. offices92,77992,591
Total deposits283,669278,970
Federal funds purchased and securities sold under repurchase agreements14,50712,335
Trading liabilities6,2265,385
Payables to customers and broker-dealers18,39523,435
Other borrowed funds479397
Accrued taxes and other expenses5,5675,410
Other liabilities (including allowance for credit losses on lending-related commitments of $87 and $78, also includes $195 and $221, at fair value)8,8448,543
Long-term debt31,25730,458
Total liabilities368,944364,933
Temporary equity  
Redeemable noncontrolling interests85109
Permanent equity  
Preferred stock – par value $0.01 per share; authorized 100,000,000 shares; issued 43,826 and 48,826 shares4,3434,838
Common stock – par value $0.01 per share; authorized 3,500,000,000 shares; issued 1,402,429,447 and 1,395,725,198 shares1414
Additional paid-in capital28,90828,508
Retained earnings39,65337,864
Accumulated other comprehensive loss, net of tax(4,893)(5,966)
Less: Treasury stock of 643,085,355 and 587,280,598 common shares, at cost(27,151)(24,524)
Total The Bank of New York Mellon Corporation shareholders’ equity40,87440,734
Nonredeemable noncontrolling interests of consolidated investment management funds507
Total permanent equity[1]40,92440,741[2]
Total liabilities, temporary equity and permanent equity$ 409,953$ 405,783
[1]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $35,896 million at Dec. 31, 2022 and $36,531 million at Dec. 31, 2023.
[2]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $38,196 million at Dec. 31, 2021 and $35,896 million at Dec. 31, 2022.
BK
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
 CEO
 WEBSITEbnymellon.com
 INDUSTRYAsset Management
 EMPLOYEES53200

Bank of New York Mellon Corp-The Frequently Asked Questions


What is the ticker symbol for Bank of New York Mellon Corp-The? What does BK stand for in stocks?

BK is the stock ticker symbol of Bank of New York Mellon Corp-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bank of New York Mellon Corp-The (BK)?

As of Tue Apr 23 2024, market cap of Bank of New York Mellon Corp-The is 43.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BK stock?

You can check BK's fair value in chart for subscribers.

What is the fair value of BK stock?

You can check BK's fair value in chart for subscribers. The fair value of Bank of New York Mellon Corp-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bank of New York Mellon Corp-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bank of New York Mellon Corp-The a good stock to buy?

The fair value guage provides a quick view whether BK is over valued or under valued. Whether Bank of New York Mellon Corp-The is cheap or expensive depends on the assumptions which impact Bank of New York Mellon Corp-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BK.

What is Bank of New York Mellon Corp-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, BK's PE ratio (Price to Earnings) is 13.19 and Price to Sales (PS) ratio is 2.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bank of New York Mellon Corp-The's stock?

In the past 10 years, Bank of New York Mellon Corp-The has provided 0.076 (multiply by 100 for percentage) rate of return.