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BK

43.49USD+0.65(+1.52%)Delayedas of 07 Dec 2022, 10:00 am

Bank of New York Mellon Corp

Market Summary

USD43.49+0.65Delayedas of 07 Dec 2022, 10:00 am
1.52%

BK Alerts

BK Stock Price

RSI Chart

Valuation

Market Cap

34.3B

Price/Earnings

9.94

Price/Sales

2.11

Price/Cashflow

2.96

MarketCap/EBT

8.14

Price/Sales

Profitability

Return on Equity

8.42%

Return on Assets

0.76%

Fundamentals

Revenue

Revenue (TTM)

16.5B

Revenue Y/Y

6.05%

Revenue Q/Q

0.59%

Earnings

Earnings (TTM)

2.9B

Earnings Y/Y

-59.03%

Earnings Q/Q

-55.35%

Price Action

52 Week Range

35.9063.01
(Low)(High)

Last 7 days

-4.5%

Last 30 days

0.8%

Last 90 days

1.9%

Trailing 12 Months

-20.3%

Financial Health

Debt/Equity

0.67

Debt/Cashflow

0.42

Investor Care

Dividend Yield

3.21%

Dividend/Share (TTM)

1.39

Buy Backs (1Y)

6.73%

Diluted EPS (TTM)

3.29

Peers (Alternatives to Bank of New York Mellon)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
152.0B
20.0B
2.23% 1.39%
24.13
7.98
11.04% 25.60%
116.7B
42.0B
1.40% -4.94%
7.21
2.64
60.13% -37.54%
100.1B
18.6B
8.25% -19.69%
17.14
5.16
-0.55% -4.20%
34.3B
16.5B
0.82% -20.26%
9.94
2.11
4.54% -20.65%
27.5B
12.0B
-1.44% -18.02%
10.05
2.28
1.30% 8.09%
MID-CAP
7.9B
1.1B
-1.09% 4.42%
6.24
8.12
-28.35% -28.41%
7.2B
2.0B
13.30% 2.41%
14.24
3.56
9.45% -3.53%
6.7B
4.7B
-3.00% -14.23%
8.5
1.42
2.68% -0.67%
4.9B
2.5B
27.50% -4.69%
8.64
1.96
12.94% 26.03%
3.8B
2.4B
16.39% -34.12%
10.08
1.48
-12.52% -39.61%
SMALL-CAP
1.9B
66.0B
6.10% 53.49%
12
0.03
55.25% 78.07%
1.5B
597.8M
2.65% -4.20%
20.95
2.59
20.12% 2505.47%
1.1B
1.6B
-0.18% 8.95%
8.34
0.66
-23.97% -60.19%
918.0M
19.9M
3.37% 11.17%
-26.12
14.13
-72.02% -152.67%
791.6M
307.2M
9.41% -21.41%
53.61
2.53
4.57% 259.02%

Financials for Bank of New York Mellon

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.5%16,47416,23015,93615,93115,759
Net Income-16.2%2,8933,4523,6053,7593,646
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-5.5%427,953452,621473,811444,438470,533
    Cash Equivalents-9.2%4,7075,1856,1436,0616,752
  Net PPE-1.3%3,3113,3543,3593,4313,422
  Goodwill-5.0%16,41217,27117,46217,51217,420
Liabilities-5.7%388,057411,476431,659401,047426,481
Shareholder's Equity-3.0%39,73740,98441,79943,03443,601
  Retained Earnings0.0%37,66037,64437,08836,66736,125
  Additional Paid-In Capital0.2%28,37428,31628,25828,12828,075
Shares Outstanding0.2%811809811844-
Minority Interest0%77198196273
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations31.6%15,27311,6029,4412,838-1,156.00
Cashflow From Investing266.4%14,681-8,822.00-18,907.0019,672-34,414.00
Cashflow From Financing-974.4%-31,631.00-2,944.009,653-21,962.0039,538
  Dividend Payments0.6%1,1401,1331,1271,1261,125
  Buy Backs-59.3%1,3713,3713,9864,5673,319

Risks

What is the probability of a big loss on BK?

64.6%


Probability that Bank of New York Mellon stock will be more than 20% underwater in next one year

31.9%


Probability that Bank of New York Mellon stock will be more than 30% underwater in next one year.

16.1%


Probability that Bank of New York Mellon stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Bank of New York Mellon was unfortunately bought at previous high price.

Returns

Cumulative Returns on BK

8.3%


10-Year Cumulative Returns

2.4%


7-Year Cumulative Returns

-2%


5-Year Cumulative Returns

-1.9%


3-Year Cumulative Returns

What are the long-term rolling returns for BK?

FIve years rolling returns for Bank of New York Mellon.

Which funds bought or sold BK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
SALEM CAPITAL MANAGEMENT INC
UNCHANGED
-
-18,000
220,000
0.17%
2022-11-23
Toroso Investments, LLC
ADDED
2.39
-18,000
312,000
0.01%
2022-11-23
Gould Capital, LLC
ADDED
2.37
-124,000
2,144,000
1.85%
2022-11-22
CVA Family Office, LLC
ADDED
7.28
-1,000
65,000
0.02%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
15.19
35,000
592,000
0.02%
2022-11-22
IHT Wealth Management, LLC
ADDED
38.03
94,000
433,000
0.03%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,708,000
2,708,000
0.03%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
1,420,000
1,420,000
-%
2022-11-21
FourThought Financial, LLC
NEW
-
2,000
2,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
ADDED
2.44
-2,860,000
50,175,000
0.09%

1–10 of 44

Latest Funds Activity

Are funds buying BK calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own BK

Bank of New York Mellon News

MarketWatch

Raymond James Financial Inc. stock outperforms market despite losses on the day.16 hours ago

BK Fair Value

Recent SEC filings of Bank of New York Mellon

View All Filings
Date Filed Form Type Document
Nov 14, 2022
13F-HR
Fund Holdings Report
Nov 14, 2022
4
Insider Trading
Nov 07, 2022
10-Q
Quarterly Report
Nov 04, 2022
3
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Oct 25, 2022
8-K
Current Report
Oct 21, 2022
4
Insider Trading
Oct 20, 2022
424B2
Prospectus Filed
Oct 20, 2022
424B2
Prospectus Filed

Latest Insider Trading transactions for BK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-09
Smits Hanneke
SOLD
-717,238
42.29
-16,960
Sr. Exec. Vice President
2022-11-02
Portney Emily Hope
ACQUIRED
-
-
95,148
Chief Financial Officer
2022-10-31
GIBBONS THOMAS P
SOLD FOR TAXES
-650,162
42.32
-15,363
-
2022-10-19
McCarthy J Kevin
SOLD
-787,314
39.3657
-20,000
SEVP & General Counsel
2022-08-08
GIBBONS THOMAS P
SOLD
-2,897,120
43.2406
-67,000
Chief Executive Officer
2022-08-08
GIBBONS THOMAS P
SOLD
-4,542,940
43.2406
-105,062
Chief Executive Officer
2022-07-01
Echevarria Joseph
ACQUIRED
73,750.1
42.42
1,738.57
-
2022-07-01
IZZO RALPH
ACQUIRED
36,250
42.42
854.55
-
2022-07-01
Goldstein Jeffrey A
ACQUIRED
38,750
42.42
913.484
-

1–10 of 50

Thomas P. Gibbons
49100
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, prime brokerage, 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; and clearance and collateral management 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.

BK Income Statement

2022-09-30
Consolidated Income Statement (unaudited) - USD ($)
shares in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Fee and other revenue     
Investment services fees$ 2,157,000,000$ 2,206,000,000$ 2,091,000,000$ 6,356,000,000$ 6,223,000,000
Investment management and performance fees800,000,000833,000,000913,000,0002,516,000,0002,692,000,000
Foreign exchange revenue203,000,000222,000,000185,000,000632,000,000600,000,000
Financing-related fees43,000,00044,000,00048,000,000132,000,000147,000,000
Distribution and servicing fees33,000,00034,000,00028,000,00097,000,00084,000,000
Total fee revenue3,236,000,0003,339,000,0003,265,000,0009,733,000,0009,746,000,000
Investment and other revenue117,000,00091,000,000129,000,000278,000,000229,000,000
Total fee and other revenue3,353,000,0003,430,000,0003,394,000,00010,011,000,0009,975,000,000
Net interest revenue     
Interest revenue1,984,000,0001,159,000,000693,000,0003,921,000,0002,116,000,000
Interest expense1,058,000,000335,000,00052,000,0001,473,000,000175,000,000
Net interest revenue926,000,000824,000,000641,000,0002,448,000,0001,941,000,000
Total revenue4,279,000,0004,254,000,0004,035,000,00012,459,000,00011,916,000,000
Provision for credit losses(30,000,000)47,000,000(45,000,000)19,000,000(214,000,000)
Noninterest expense     
Staff1,673,000,0001,623,000,0001,584,000,0004,998,000,0004,704,000,000
Software and equipment421,000,000405,000,000372,000,0001,225,000,0001,099,000,000
Professional, legal and other purchased services363,000,000379,000,000363,000,0001,112,000,0001,069,000,000
Sub-custodian and clearing124,000,000131,000,000129,000,000373,000,000385,000,000
Net occupancy124,000,000125,000,000120,000,000371,000,000365,000,000
Distribution and servicing88,000,00090,000,00076,000,000257,000,000223,000,000
Bank assessment charges35,000,00037,000,00034,000,000107,000,000103,000,000
Business development34,000,00043,000,00022,000,000107,000,00063,000,000
Goodwill impairment680,000,00000680,000,0000
Amortization of intangible assets17,000,00017,000,00019,000,00051,000,00063,000,000
Other120,000,000262,000,000199,000,000516,000,000473,000,000
Total noninterest expense3,679,000,0003,112,000,0002,918,000,0009,797,000,0008,547,000,000
Income     
Income before income taxes630,000,0001,095,000,0001,162,000,0002,643,000,0003,583,000,000
Provision for income taxes242,000,000231,000,000219,000,000626,000,000681,000,000
Net income388,000,000864,000,000943,000,0002,017,000,0002,902,000,000
Net loss (income) attributable to noncontrolling interests related to consolidated investment management funds05,000,0004,000,00013,000,000(6,000,000)
Net income applicable to shareholders of The Bank of New York Mellon Corporation388,000,000869,000,000947,000,0002,030,000,0002,896,000,000
Preferred stock dividends(69,000,000)(34,000,000)(66,000,000)(177,000,000)(166,000,000)
Net income applicable to common shareholders of The Bank of New York Mellon Corporation319,000,000835,000,000881,000,0001,853,000,0002,730,000,000
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 Corporation319,000,000835,000,000881,000,0001,853,000,0002,730,000,000
Less: Earnings allocated to participating securities00002,000,000
Net income applicable to common shareholders of The Bank of New York Mellon Corporation after required adjustment for the calculation of basic and diluted earnings per common share$ 319,000,000$ 835,000,000$ 881,000,000$ 1,853,000,000$ 2,728,000,000
Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation     
Basic (shares)811,304810,903844,088810,703865,374
Common stock equivalents (shares)3,3112,8345,2973,7134,401
Less: Participating securities (shares)(99)(147)(357)(202)(451)
Diluted (shares)814,516813,590849,028814,214869,324
Anti-dilutive securities (shares)[1]3,3064,1125173,294739
Earnings per share applicable to common shareholders of The Bank of New York Mellon Corporation     
Basic (usd per share)$ 0.39$ 1.03$ 1.04$ 2.29$ 3.15
Diluted (usd per share)$ 0.39$ 1.03$ 1.04$ 2.28$ 3.14
[1]Represents stock options, 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.

BK Balance Sheet

2022-09-30
Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and due from banks, net of allowance for credit losses of $28 and $3$ 4,707$ 6,061
Interest-bearing deposits with the Federal Reserve and other central banks107,427102,467
Interest-bearing deposits with banks, net of allowance for credit losses of $2 and $2 (includes restricted of $4,893 and $3,822)13,89016,630
Federal funds sold and securities purchased under resale agreements23,48329,607
Securities:  
Held-to-maturity, at amortized cost, net of allowance for credit losses of less than $1 and less than $1 (fair value of $50,485 and $56,775)57,25756,866
Available-for-sale, at fair value (amortized cost of $93,619 and $100,774, net of allowance for credit losses of $9 and $10)86,924101,839
Total securities144,181158,705
Trading assets12,65016,577
Loans69,82967,787
Allowance for credit losses(164)(196)
Net loans69,66567,591
Premises and equipment3,3113,431
Accrued interest receivable723457
Goodwill16,41217,512
Intangible assets2,9022,991
Other assets, net of allowance for credit losses on accounts receivable of $5 and $4 (includes $1,599 and $1,187, at fair value)28,60222,409
Total assets427,953444,438
Deposits:  
Noninterest-bearing (principally U.S. offices)88,27593,695
Interest-bearing deposits in U.S. offices112,486120,903
Interest-bearing deposits in non-U.S. offices101,228105,096
Total deposits301,989319,694
Federal funds purchased and securities sold under repurchase agreements11,33911,566
Trading liabilities7,4945,469
Payables to customers and broker-dealers23,74125,150
Other borrowed funds357749
Accrued taxes and other expenses5,3165,767
Other liabilities (including allowance for credit losses on lending-related commitments of $72 and $45, also includes $26 and $496, at fair value)10,0016,721
Long-term debt27,82025,931
Total liabilities388,057401,047
Temporary equity  
Redeemable noncontrolling interests152161
Permanent equity  
Preferred stock – par value $0.01 per share; authorized 100,000,000 shares; issued 48,826 and 48,826 shares4,8384,838
Common stock – par value $0.01 per share; authorized 3,500,000,000 shares; issued 1,395,525,936 and 1,389,397,912 shares1414
Additional paid-in capital28,37428,128
Retained earnings37,66036,667
Accumulated other comprehensive loss, net of tax(6,627)(2,213)
Less: Treasury stock of 587,245,987 and 585,252,546 common shares, at cost(24,522)(24,400)
Total The Bank of New York Mellon Corporation shareholders’ equity39,73743,034
Nonredeemable noncontrolling interests of consolidated investment management funds7196
Total permanent equity[2]39,744[1]43,230
Total liabilities, temporary equity and permanent equity$ 427,953$ 444,438
[1]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $36,146 million at June 30, 2022 and $34,899 million at Sept. 30, 2022.
[2]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $38,196 million at Dec. 31, 2021 and $34,899 million at Sept. 30, 2022.