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BK

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

59.51USD+0.74 (+1.26%)Delayed

Market Summary

BK
USD59.51+0.74
Delayed
1.26%

BK Alerts

  • 4 major insider sales recently.

BK Stock Price

View Fullscreen

BK RSI Chart

BK Valuation

Market Cap

44.5B

Price/Earnings (Trailing)

13.33

Price/Sales (Trailing)

2.27

Price/Free Cashflow

244.52

BK Price/Sales (Trailing)

BK Profitability

Return on Equity

8.21%

Return on Assets

0.77%

Free Cashflow Yield

0.41%

BK Fundamentals

BK Revenue

Revenue (TTM)

19.6B

Rev. Growth (Yr)

14.84%

Rev. Growth (Qtr)

3.88%

BK Earnings

Earnings (TTM)

3.3B

Earnings Growth (Yr)

5.02%

Earnings Growth (Qtr)

392.79%

Breaking Down BK Revenue

Last 7 days

1.8%

Last 30 days

9.3%

Last 90 days

7.9%

Trailing 12 Months

44.9%

How does BK drawdown profile look like?

BK Financial Health

Debt/Equity

0.8

Debt/Cashflow

0.04

BK Investor Care

Dividend Yield

2.66%

Buy Backs (1Y)

6.91%

Diluted EPS (TTM)

3.98

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202419.6B000
202311.0B15.1B18.6B19.0B
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
May 08, 2024
santhanakrishnan senthilkumar
sold
-901,772
57.647
-15,643
senior exec vp
May 07, 2024
kurimsky kurtis r.
sold
-360,043
57.9313
-6,215
corporate controller
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

1–10 of 50

Which funds bought or sold BK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Garner Asset Management Corp
sold off
-100
-1,094
-
-%
May 16, 2024
HANCOCK WHITNEY CORP
added
3.89
115,607
885,796
0.03%
May 16, 2024
Global Financial Private Client, LLC
unchanged
-
4,817
55,878
0.02%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
13.72
-46,618
637,375
0.02%
May 16, 2024
COMERICA BANK
reduced
-5.78
332,518
8,050,740
0.04%
May 16, 2024
TAM Capital Management Inc.
added
68.45
24,185,600
52,153,400
43.37%
May 16, 2024
Ancora Advisors LLC
reduced
-6.9
2,315
77,787
-%
May 16, 2024
Tidal Investments LLC
added
20.58
356,348
1,421,340
0.02%
May 16, 2024
Pineridge Advisors LLC
reduced
-5.97
143
3,630
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-31.94
-3,613,100
11,041,300
-%

1–10 of 46

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
May 10, 2024
SC 13G
Major Ownership Report
May 10, 2024
SC 13G
Major Ownership Report
May 10, 2024
SC 13G
Major Ownership Report
May 10, 2024
SC 13G/A
Major Ownership Report
May 10, 2024
SC 13G/A
Major Ownership Report
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 08, 2024
144
Notice of Insider Sale Intent
May 07, 2024
144
Notice of Insider Sale Intent
May 03, 2024
10-Q
Quarterly Report

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

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
120.7B
18.3B
7.75% 21.34%
20.39
6.58
5.32% 20.80%
89.8B
10.3B
2.05% 51.09%
41.74
8.7
116.39% 249.10%
45.1B
3.6B
10.55% 75.18%
95.05
12.68
12.70% 183.11%
44.5B
19.6B
9.27% 44.86%
13.33
2.27
78.39% 20.24%
12.8B
8.1B
-2.18% -1.62%
14.21
1.58
2.98% 5.84%
MID-CAP
7.2B
5.8B
4.99% 4.37%
-21.34
1.25
-1.10% -153.42%
5.1B
2.0B
0.28% 11.53%
7.38
2.49
-8.91% -39.33%
3.9B
-
4.19% -3.10%
14.21
-
- 7.16%
3.7B
486.3M
9.54% 29.26%
28.98
7.61
-9.75% -22.27%
3.6B
1.0B
6.30% 36.32%
15.6
3.59
6.21% 20.27%
2.5B
722.2M
-1.99% 19.50%
17.56
3.5
12.85% 46.40%
SMALL-CAP
948.7M
250.6M
10.01% -21.97%
-360.78
3.79
18.02% -111.85%
861.0M
440.5M
1.74% -
12.59
1.95
11.01% -22.97%
16.6M
770.8M
0.62% -50.36%
-3.82
0.02
10.81% -208.39%
733.0K
23.1M
5.94% -11.35%
0.02
0.03
53.41% 323.95%

Bank of New York Mellon Corp-The News

Latest updates
Bloomberg17 hours ago
Yahoo Movies UK13 May 202410:46 am
Yahoo Singapore News08 May 202401:00 pm
Business Wire24 Apr 202409:03 pm

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.9%4,5274,3585,5195,2243,9423,9181,9841,1593,9264,0154,0353,9603,9213,8433,8474,0104,1084,7783,8613,9243,899
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*
Interest Expenses-5.5%1,0401,1011,0161,1001,1281,056926824698677641645655680703780814815730802841
Income Taxes306.8%29773.00241270260142242231153196219241221148213216265373246264237
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*
Net Income392.8%1,0252081,0381,0679765433888697738639471,0229277509379509801,4401,0381,017946
Net Income Margin-1.5%0.17*0.17*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*----
Free Cashflow-27.5%-2,979-2,3374,7047941,5312,5673,6074,3903,1582,755-3222,584-3,394-1,1314456,451-1,949----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets6.0%434,728409,953405,248430,382425,112405,783427,953452,621473,811444,438470,533466,963464,984469,633428,398442,316468,155381,508373,168381,168346,132
    Cash Equivalents46.5%7,2124,9224,9045,7205,5645,0304,7075,1856,1436,0616,7525,1545,9919,4194,1044,7765,0917,2676,7185,5565,980
  Net PPE-0.9%3,1363,1633,2343,2413,2483,2563,3113,3543,3593,4313,4223,4423,5213,6023,6173,5983,5143,6253,1492,9703,010
  Goodwill-0.2%16,22816,26116,15916,24616,19216,15016,41217,27117,46217,51217,42017,48717,46917,49617,35717,25317,24017,38617,24817,33717,367
Liabilities6.8%393,966368,944364,117389,280384,310364,933388,057411,476431,659401,047426,481421,169419,581423,513383,051398,350426,776339,780331,698339,333304,663
  Long Term Debt3.6%32,39631,25729,20532,46330,48930,45827,82027,61025,24625,93125,04325,62925,35025,98440039939727,501386383376
Shareholder's Equity-0.5%40,68040,87440,96640,99840,70640,73439,74440,99141,99743,23043,87445,62545,21645,94445,16843,80941,23941,58541,32341,69941,347
  Retained Earnings1.3%40,17839,65339,82239,19938,46537,86437,66037,64437,08836,66736,12535,54034,82234,24133,82133,22432,60131,89430,78930,08129,382
  Additional Paid-In Capital0.5%29,05528,90828,79328,72628,65028,50828,37428,31628,25828,12828,07528,00627,92827,82327,74127,70227,64427,51527,47127,40627,349
Shares Outstanding-4.6%748784778788803811811811809852844869883891891889894940949--
Minority Interest122.0%11150.0056.0065.0072.007.007.007.0019819627334426214325111294.00102203166122
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-29.6%-2,680-2,0685,0401,1481,7922,9243,7254,9903,4293,12954.002,829-3,174-8657786,810-1,685-2,4715,081-1,565-949
Cashflow From Investing-1886.7%-26,741-1,34620,631-7,343-17,75225,12419,3459,306-33,90119,931-4,158-7794,678-34,15514,44619,855-78,601-5,3186,156-32,19620,810
Cashflow From Financing660.0%28,4333,741-27,2875,61414,413-26,150-23,061-14,53830,095-24,1275,626-1,941-1,52037,373-15,255-29,49082,8806,005-9,79133,082-19,837
  Dividend Payments-100.0%-328333297304305303279278280296273277279278278282286294270270
  Buy Backs119.6%9884504504481,2562.001.003.001181,2492,0016186991.00-3.009851,041981750555
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BK Income Statement

2024-03-31
Consolidated Income Statement (unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Fee and other revenue   
Investment services fees$ 2,278$ 2,242$ 2,119
Investment management and performance fees776743776
Foreign exchange revenue152143176
Financing-related fees574552
Distribution and servicing fees424133
Total fee revenue3,3053,2143,156
Investment and other revenue[1]18243131
Total fee and other revenue[1]3,4873,2573,287
Net interest income   
Interest income6,0965,9633,942
Interest expense5,0564,8622,814
Net interest income1,0401,1011,128
Total revenue4,5274,3584,415
Provision for credit losses278427
Noninterest expense   
Staff1,8571,8311,791
Software and equipment475486429
Professional, legal and other purchased services349406375
Net occupancy124162119
Sub-custodian and clearing119117118
Distribution and servicing968885
Business development366139
Bank assessment charges1767040
Amortization of intangible assets121414
Other9116090
Total noninterest expense3,1763,9953,100
Income   
Income before income taxes[1]1,3242791,288
Provision for income taxes[1]29773306
Net income[1],[3]1,027[2]206982[2]
Net (income) loss attributable to noncontrolling interests related to consolidated investment management funds(2)20
Net income applicable to shareholders of The Bank of New York Mellon Corporation1,025[2]208982[2]
Preferred stock dividends(72)(46)(71)
Net income applicable to common shareholders of The Bank of New York Mellon Corporation953162911
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 Corporation953162911
Less: Earnings allocated to participating securities, basic000
Less: Earnings allocated to participating securities, diluted000
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 share953162911
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$ 953$ 162$ 911
Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation   
Basic (shares)756,937767,146803,340
Common stock equivalents (shares)5,3315,0454,473
Less: Participating securities (shares)0(89)(95)
Diluted (shares)762,268772,102807,718
Anti-dilutive securities (shares)[4]1,6041104,872
Earnings per share applicable to common shareholders of The Bank of New York Mellon Corporation   
Basic (usd per share)[5]$ 1.26$ 0.21$ 1.13
Diluted (usd per share)[5]$ 1.25$ 0.21$ 1.13
[1]Prior periods were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information
[2]Prior period was restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[3]Prior periods were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[4]Represents restricted stock, 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.
[5]Prior periods were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.

BK Balance Sheet

2024-03-31
Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and due from banks, net of allowance for credit losses of $30 and $18$ 5,305$ 4,922
Interest-bearing deposits with the Federal Reserve and other central banks119,197111,550
Interest-bearing deposits with banks, net of allowance for credit losses of $3 and $2 (includes restricted of $1,907 and $3,420)10,63612,139
Federal funds sold and securities purchased under resale agreements29,66128,900
Securities:  
Held-to-maturity, at amortized cost, net of allowance for credit losses of less than $1 and $1 (fair value of $43,213 and $44,711)48,40449,578
Available-for-sale, at fair value (amortized cost of $94,641 and $80,678, net of allowance for credit losses of $1 and less than $1)90,50576,817
Total securities138,909126,395
Trading assets10,07810,058
Loans73,61566,879
Allowance for credit losses(322)(303)
Net loans73,29366,576
Premises and equipment3,1363,163
Accrued interest receivable1,3431,150
Goodwill16,22816,261
Intangible assets2,8392,854
Other asset, net of allowance for credit losses on accounts receivable of $3 and $3 (includes $1,437 and $1,261, at fair value)[1]24,10325,909
Total assets[1]434,728409,877
Deposits:  
Noninterest-bearing deposits (principally U.S. offices)63,40558,274
Interest-bearing deposits in U.S. offices151,540132,616
Interest-bearing deposits in non-U.S. offices94,07592,779
Total deposits309,020283,669
Federal funds purchased and securities sold under repurchase agreements15,11214,507
Trading liabilities3,1006,226
Payables to customers and broker-dealers19,39218,395
Other borrowed funds306479
Accrued taxes and other expenses[1]4,3955,411
Other liabilities (including allowance for credit losses on lending-related commitments of $81 and $87, also includes $70 and $195, at fair value)[1]10,2459,028
Long-term debt32,39631,257
Total liabilities[1]393,966368,972
Temporary equity  
Redeemable noncontrolling interests8285
Permanent equity  
Preferred stock – par value $0.01 per share; authorized 100,000,000 shares; issued 43,826 and 43,826 shares4,3434,343
Common stock – par value $0.01 per share; authorized 3,500,000,000 shares; issued 1,408,769,769 and 1,402,429,447 shares1414
Additional paid-in capital29,05528,908
Retained earnings[1]40,17839,549
Accumulated other comprehensive loss, net of tax(4,876)(4,893)
Less: Treasury stock of 660,953,934 and 643,085,355 common shares, at cost(28,145)(27,151)
Total The Bank of New York Mellon Corporation shareholders' equity[1]40,56940,770
Nonredeemable noncontrolling interests of consolidated investment management funds11150
Total permanent equity[1],[2]40,68040,820[3],[4]
Total liabilities, temporary equity and permanent equity$ 434,728$ 409,877
[1]Prior period balances were restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[2]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $36,427 million at Dec. 31, 2023 and $36,226 million at March 31, 2024.
[3]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $36,020 million at Sept. 30, 2023 and $36,427 million at Dec. 31, 2023.
[4]Retained earnings was restated to reflect the retrospective application of adopting new accounting guidance related to our investments in renewable energy projects using the proportional amortization method (ASU 2023-02). See Note 2 of the Notes to Consolidated Financial Statements for additional information.
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 Fri May 17 2024, market cap of Bank of New York Mellon Corp-The is 44.5 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 Fri May 17 2024, BK's PE ratio (Price to Earnings) is 13.33 and Price to Sales (PS) ratio is 2.27. 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 0.078 (multiply by 100 for percentage) rate of return.