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Bank of New York Mellon Corp Stock Research

BK

42.07USD-0.58(-1.36%)Market Closed
Watchlist

Market Summary

USD42.07-0.58
Market Closed
-1.36%

BK Alerts

  • Big jump in Revenue (Y/Y)

BK Stock Price

BK RSI Chart

BK Valuation

Market Cap

33.1B

Price/Earnings (Trailing)

11.14

Price/Sales (Trailing)

1.91

Price/Free Cashflow

3.9

BK Price/Sales (Trailing)

BK Profitability

Return on Equity

6.83%

Return on Assets

0.65%

Free Cashflow Yield

25.65%

BK Fundamentals

BK Revenue

Revenue (TTM)

17.4B

Revenue Y/Y

350.73%

Revenue Q/Q

32.52%

BK Earnings

Earnings (TTM)

3.0B

Earnings Y/Y

22.78%

Earnings Q/Q

9.32%

Price Action

52 Week Range

35.9052.26
(Low)(High)

Last 7 days

-1.9%

Last 30 days

-7.4%

Last 90 days

-6.7%

Trailing 12 Months

10.2%

BK Financial Health

Debt/Equity

0.75

Debt/Cashflow

0.44

BK Investor Care

Dividend Yield

3.52%

Dividend/Share (TTM)

1.48

Buy Backs (1Y)

2.86%

Diluted EPS (TTM)

3.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for BK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-10
Keating Catherine
sold (taxes)
525,486
45.89
11,451
sr. exec. vice president
2023-08-04
Kurimsky Kurtis R.
sold
-641,031
45.6412
-14,045
corporate controller
2023-07-30
Anderson Jolen
sold (taxes)
-333,347
44.98
-7,411
senior exec vp
2023-07-19
McCarthy J Kevin
sold
-1,621,410
46.326
-35,000
sevp & general counsel
2023-07-03
Echevarria Joseph
acquired
75,000
45.07
1,664
-
2023-07-03
Robinson Elizabeth
acquired
9,375
45.07
208
-
2023-07-03
IZZO RALPH
acquired
37,500
45.07
832
-
2023-07-03
O'CONNOR SANDRA
acquired
27,500
45.07
610
-
2023-07-03
Goldstein Jeffrey A
acquired
38,750
45.07
859
-
2023-04-03
O'CONNOR SANDRA
acquired
27,500
45.15
609
-

1–10 of 50

Which funds bought or sold BK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
M Holdings Securities, Inc.
sold off
-100
-759,000
-
-%
2023-09-26
BROOKFIELD Corp /ON/
added
30.83
3,366,840
15,312,700
0.06%
2023-09-21
Baystate Wealth Management LLC
added
0.84
-497
42,782
-%
2023-09-20
BARCLAYS PLC
added
126
70,493,000
128,462,000
0.08%
2023-09-13
CGC Financial Services, LLC
new
-
668
668
-%
2023-09-12
Farther Finance Advisors, LLC
added
14.61
10,244
93,581
0.02%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-65.17
-6,017
3,116
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
148,563
148,563
0.01%
2023-08-30
Western Wealth Management, LLC
reduced
-67.3
-826,242
389,474
0.03%
2023-08-25
Gould Capital, LLC
added
0.5
-40,797
2,616,310
2.00%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Bank of New York Mellon

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 16, 2021
berkshire hathaway inc
8.4%
74,346,864
SC 13G/A
Feb 11, 2021
dodge & cox
6.9%
61,388,437
SC 13G/A
Feb 10, 2021
vanguard group inc
7.23%
64,062,939
SC 13G/A

Recent SEC filings of Bank of New York Mellon

View All Filings
Date Filed Form Type Document
Sep 12, 2023
8-K
Current Report
Sep 11, 2023
SC 13G
Major Ownership Report
Sep 11, 2023
SC 13G
Major Ownership Report
Sep 11, 2023
SC 13G/A
Major Ownership Report
Sep 11, 2023
SC 13G/A
Major Ownership Report
Sep 05, 2023
8-K
Current Report
Aug 16, 2023
3
Insider Trading
Aug 14, 2023
4
Insider Trading
Aug 11, 2023
8-K
Current Report
Aug 07, 2023
4
Insider Trading

BK Fair Value

Loading...

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
105.4B
50.2B
-2.72% 10.18%
11.91
2.1
62.27% -45.33%
97.5B
20.8B
-11.49% -24.84%
14.16
4.69
9.06% 9.27%
96.1B
17.4B
-8.94% 18.51%
18.51
5.53
-10.46% -11.12%
33.1B
17.4B
-7.38% 10.20%
11.14
1.91
32.19% -13.85%
21.3B
12.3B
-5.24% 8.85%
7.8
1.73
2.05% -0.98%
MID-CAP
8.9B
4.8B
-7.41% 34.05%
3.67
1.85
226.24% 90.31%
7.8B
1.9B
-4.58% 20.63%
19.57
4.15
-8.00% -31.66%
6.5B
4.8B
-8.80% 16.53%
10.54
1.35
2.69% -21.37%
4.7B
2.1B
-3.48% 17.20%
4.09
2.19
-13.32% 104.61%
4.2B
2.0B
-8.86% 26.82%
11.23
2.05
-20.30% -29.01%
2.0B
60.6B
2.28% 16.20%
8.33
0.03
-1.46% 48.12%
1.9B
678.6M
-13.96% 37.83%
17.67
2.76
16.44% 46.62%
SMALL-CAP
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
795.9M
23.7M
-1.06% -1.31%
43.51
33.65
51.04% 152.07%
742.8M
313.5M
- -
14.66
2.47
0.19% 735.99%

Bank of New York Mellon News

Barron's
Buffett's Berkshire Keeps Selling HP Stock.
Barron's,
48 minutes ago
Investing.com Australia

Returns for BK

Cumulative Returns on BK

5.5%


10-Year Cumulative Returns

3.1%


7-Year Cumulative Returns

-1.9%


5-Year Cumulative Returns

9.0%


3-Year Cumulative Returns

Risks for BK

What is the probability of a big loss on BK?

78.8%


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

35.4%


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.

Drawdowns

Financials for Bank of New York Mellon

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue30.6%17,36313,29813,28213,37913,13515,93615,93115,75915,57115,62115,80816,74316,75716,67116,46215,69115,89916,11316,39216,11316,060
EBITDA-------8,7318,7288,7538,8068,8538,8778,8098,7748,7498,8038,9629,0859,1969,2649,229
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*0.57*0.57*
Interest Expenses7.0%4,2103,9343,5043,1252,8402,6612,6182,6212,6832,8182,9773,1123,1393,1613,1883,2583,4193,5333,6113,5773,525
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*0.26*0.26*
Net Income7.1%2,9742,7762,5732,8933,4523,6053,7593,6463,6363,5643,6174,3074,4084,4754,4413,8823,9554,0414,2664,5604,467
Net Income Margin-100.0%-0.17*0.16*0.18*0.21*0.23*0.24*0.23*0.23*0.23*0.23*0.26*0.26*0.27*0.27*0.25*0.25*0.25*0.26*0.28*0.28*
Free Cashflow-100.0%-12,09513,72213,9109,9818,1751,623-2,263-1,4962,3713,8162,3786,619-1,850-1,1144,3505944,7004,8882,9947,065
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.2%430,382425,112405,783427,953452,621473,811444,438470,533466,963464,984469,633428,398442,316468,155381,508373,168381,168346,132362,873349,770352,928
    Cash Equivalents2.8%5,7205,56411,5294,7075,1856,1439,8836,7525,1545,9916,2524,1044,7765,0917,2676,7185,5565,9808,2585,0475,361
  Net PPE-0.2%3,2413,2483,2563,3113,3543,3593,4313,4223,4423,5213,602----------
  Goodwill0.3%16,24616,19216,15016,41217,27117,46217,51217,42017,48717,46917,49617,35717,25317,24017,38617,24817,33717,36717,35017,39017,418
Liabilities1.3%389,280384,310364,933388,057411,476431,659401,047426,481421,169419,581423,513383,051398,350426,776339,780331,698339,333304,663322,005307,909311,182
  Long Term Debt6.5%32,46330,48930,45827,82027,61025,24625,93125,04325,62925,35025,98440039939727,50138638337629,163363363
Shareholder's Equity0.6%40,93340,70640,73439,74440,99141,99743,23043,87445,62545,21645,94445,16843,80941,23941,58541,32341,69941,34740,73941,65041,557
  Retained Earnings1.9%39,19938,46537,86437,66037,64437,08836,66736,12535,54034,82234,24133,82133,22432,60131,89430,78930,08129,38228,65228,09827,306
  Additional Paid-In Capital0.3%28,72628,65028,50828,37428,31628,25828,12828,07528,00627,92827,82327,74127,70227,64427,51527,47127,40627,34927,11827,03426,981
Shares Outstanding-1.9%7888038128118118098118448698838908898898949119339519629841,0001,010
Minority Interest-9.7%65.0072.007.007.007.0019819627334426214325111294.0010220316612210190.0052.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-28.6%9,58913,43115,06815,27311,6029,4412,838-1,156-4323,5495,0383,4327,735-64096.005,7511,9145,8995,9964,1038,071
Cashflow From Investing-46.2%19,37436,02319,87414,681-8,822-18,90719,672-34,414-15,8104,824-78,455-49,618-57,908-109,959-10,548-19,948-23,30125,5393,299-1,187-3,823
Cashflow From Financing40.8%-29,184-49,336-33,654-31,631-2,9449,653-21,96239,53818,657-8,89275,50844,14049,604112,1769,45916,91221,982-28,906-8,098-6,007-5,130
  Dividend Payments1.5%1,2091,1911,1651,1401,1331,1271,1261,1251,1071,1121,1171,1241,1401,1321,1201,1121,1011,0761,0521,022992
  Buy Backs35.3%1,7071,2621241,3713,3713,9864,5673,3191,3187039892,0293,0103,7573,3273,6583,2793,1803,2692,5482,596

BK Income Statement

2023-06-30
Consolidated Income Statement (unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Fee and other revenue     
Investment services fees$ 2,252$ 2,119$ 2,206$ 4,371$ 4,199
Investment management and performance fees7627768331,5381,716
Foreign exchange revenue158176222334429
Financing-related fees50524410289
Distribution and servicing fees3533346864
Total fee revenue3,2573,1563,3396,4136,497
Investment and other revenue977991176161
Total fee and other revenue3,3543,2353,4306,5896,658
Net interest revenue     
Interest revenue5,2243,9421,1599,1661,937
Interest expense4,1242,8143356,938415
Net interest revenue1,1001,1288242,2281,522
Total revenue4,4544,3634,2548,8178,180
Provision for credit losses527473249
Noninterest expense     
Staff1,7181,7911,6233,5093,325
Software and equipment450429405879804
Professional, legal and other purchased services378375379753749
Net occupancy121119125240247
Sub-custodian and clearing119118131237249
Distribution and servicing938590178169
Business development4739438673
Bank assessment charges4140378172
Amortization of intangible assets1414172834
Other13090262220396
Total noninterest expense3,1113,1003,1126,2116,118
Income     
Income before income taxes1,3381,2361,0952,5742,013
Provision for income taxes270260231530384
Net income1,0689768642,0441,629
Net (income) loss attributable to noncontrolling interests related to consolidated investment management funds(1)05(1)13
Net income applicable to shareholders of The Bank of New York Mellon Corporation1,0679768692,0431,642
Preferred stock dividends(36)(71)(34)(107)(108)
Net income applicable to common shareholders of The Bank of New York Mellon Corporation1,0319058351,9361,534
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 Corporation1,0319058351,9361,534
Less: Earnings allocated to participating securities00000
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$ 1,031$ 905$ 835$ 1,936$ 1,534
Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation     
Basic (shares)787,718803,340810,903795,512810,233
Common stock equivalents (shares)3,0974,4732,8343,7383,915
Less: Participating securities (shares)(90)(95)(147)(93)(254)
Diluted (shares)790,725807,718813,590799,157813,894
Anti-dilutive securities (shares)[1]7,0594,8724,1125,8243,205
Earnings per share applicable to common shareholders of The Bank of New York Mellon Corporation     
Basic (usd per share)$ 1.31$ 1.13$ 1.03$ 2.43$ 1.89
Diluted (usd per share)$ 1.30$ 1.12$ 1.03$ 2.42$ 1.88
[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

2023-06-30
Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and due from banks, net of allowance for credit losses of $33 and $29$ 5,720$ 5,030
Interest-bearing deposits with the Federal Reserve and other central banks118,90891,655
Interest-bearing deposits with banks, net of allowance for credit losses of $3 and $4 (includes restricted of $3,892 and $6,499)12,31617,169
Federal funds sold and securities purchased under resale agreements35,37824,298
Securities:  
Held-to-maturity, at amortized cost, net of allowance for credit losses of less than $1 and less than $1 (fair value of $47,242 and $49,992)53,16256,194
Available-for-sale, at fair value (amortized cost of $86,486 and $92,484, net of allowance for credit losses of less than $1 and $1)81,07186,622
Total securities134,233142,816
Trading assets10,5629,908
Loans64,46966,063
Allowance for credit losses(191)(176)
Net loans64,27865,887
Premises and equipment3,2413,256
Accrued interest receivable963858
Goodwill16,24616,150
Intangible assets2,8812,901
Other assets, net of allowance for credit losses on accounts receivable of $4 and $4 (includes $1,188 and $971, at fair value)25,65625,855
Total assets430,382405,783
Deposits:  
Noninterest-bearing (principally U.S. offices)67,67878,017
Interest-bearing deposits in U.S. offices131,187108,362
Interest-bearing deposits in non-U.S. offices93,18092,591
Total deposits292,045278,970
Federal funds purchased and securities sold under repurchase agreements21,28512,335
Trading liabilities6,3195,385
Payables to customers and broker-dealers21,08423,435
Other borrowed funds1,371397
Accrued taxes and other expenses5,1605,410
Other liabilities (including allowance for credit losses on lending-related commitments of $91 and $78, also includes $297 and $221, at fair value)9,5538,543
Long-term debt32,46330,458
Total liabilities389,280364,933
Temporary equity  
Redeemable noncontrolling interests104109
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 $0.01 per share; authorized 3,500,000,000 shares; issued 1,401,853,394 and 1,395,725,198 shares1414
Additional paid-in capital28,72628,508
Retained earnings39,19937,864
Accumulated other comprehensive loss, net of tax(5,602)(5,966)
Less: Treasury stock of 623,070,926 and 587,280,598 common shares, at cost(26,242)(24,524)
Total The Bank of New York Mellon Corporation shareholders’ equity40,93340,734
Nonredeemable noncontrolling interests of consolidated investment management funds657
Total permanent equity40,998[1]40,741[2],[3]
Total liabilities, temporary equity and permanent equity$ 430,382$ 405,783
[1]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $35,796 million at March 31, 2023 and $36,095 million at June 30, 2023.
[2]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $35,896 million at Dec. 31, 2022 and $35,796 million at March 31, 2023.
[3]Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $35,896 million at Dec. 31, 2022 and $36,095 million at June 30, 2023.
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.