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Market Cap 35.22B P/E 13.15 EPS this Y 11.50% Ern Qtrly Grth 9.00%
Income 3.2B Forward P/E 8.82 EPS next Y 11.40% 50D Avg Chg 3.00%
Sales 17.59B PEG 0.85 EPS past 5Y 4.92% 200D Avg Chg 1.00%
Dividend 3.00% Price/Book 0.98 EPS next 5Y 14.83% 52W High Chg -13.00%
Recommedations 2.20 Quick Ratio - Shares Outstanding 737.96M 52W Low Chg 25.00%
Insider Own 0.16% ROA 0.80% Shares Float 735.84M Beta 1.07
Inst Own 87.21% ROE 8.34% Shares Shorted/Prior 14.35M/9.43M Price 45.23
Gross Margin - Profit Margin 19.47% Avg. Volume 4,773,662 Target Price 74.02
Oper. Margin 33.37% Earnings Date Oct 11 Volume 4,007,950 Change 0.16%
About The Bank of New York Mellon Cor

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 Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

The Bank of New York Mellon Cor News
10/19/24 Institutional investors are The Bank of New York Mellon Corporation's (NYSE:BK) biggest bettors and were rewarded after last week's US$1.8b market cap gain
10/12/24 Bank of New York Mellon Third Quarter 2024 Earnings: Beats Expectations
10/12/24 BNY Mellon Reports Strong Growth and Strategic Expansion
10/12/24 Bank of New York Mellon Corp (BK) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ...
10/12/24 Q3 2024 Bank of New York Mellon Corp Earnings Call
10/11/24 JPMorgan, Wells Fargo, BlackRock, BNY Score Strong Earnings Beats
10/11/24 How the Fed is creating value for the Big Banks: Portfolio mgr.
10/11/24 The Bank of New York Mellon Corporation (BK) is a Top Dividend Stock Right Now: Should You Buy?
10/11/24 Stocks to watch next week: Netflix, LVMH, ASML, Rio Tinto and Goldman Sachs
10/11/24 BNY Mellon Gains on Q3 Earnings Beat, Revenues & AUM Rise Y/Y
10/11/24 The Bank of New York Mellon (BK) Reports Q3 Earnings: What Key Metrics Have to Say
10/11/24 BNY Q3 Earnings: Fee Income Soars 5%, Setting New $50T Record In Assets Under Custody
10/11/24 The Bank of New York Mellon Corporation (BK) Q3 Earnings and Revenues Top Estimates
10/11/24 Bank of New York Mellon Insiders Sell US$10m Of Stock, Possibly Signalling Caution
10/11/24 BNY Declares Dividends
10/11/24 BNY becomes first bank in history with $50 trillion in assets under custody and administration on the way to a record quarter
10/11/24 BNY Reports Third Quarter 2024 Results
10/11/24 Zacks Investment Ideas feature highlights: JPMorgan, The Bank of New York Mellon and The Progressive
10/10/24 2 Finance Stocks to Buy as Q3 Earnings Approach: BK & PGR
10/10/24 JPMorgan earnings, FedSpeak, PPI data: What to Watch
BK Chatroom

User Image insiderbuyingselling Posted - 3 days ago

$BK new insider selling: 25000 shares. http://insiderbuyingselling.com/?t=BK

User Image OptionSamurai Posted - 5 days ago

$BK appears in our Dividend Capture scan. The idea is to buy shares + sell call to enjoy premium and the dividend. β˜‘ The Fundamental score is 6 β˜‘ Growth score is 9 β˜‘ Dividend date 21-Oct-24 β˜‘ IV Percentile is 51.0% Covered Call 77.5, 15-Nov-24: πŸ“ˆ An annualized return of 24.0% πŸ“‰ The breakeven point is 2.0% πŸ‘‰ See more results & customize here: https://bit.ly/3lR1xIP

User Image WeeklyTrader Posted - 6 days ago

The bears are in charge of $BK! RSI: 79.81% 50-day MA: $68.53 200-day MA: $60.24

User Image WeeklyTrader Posted - 1 week ago

What’s your take on the future of $BK? RSI: 79.81% 50-day MA: $68.53 200-day MA: $60.24

User Image Watchmeplz Posted - 1 week ago

$BK I’d love to get in just no opportunity. Jealous from the sidelines

User Image TICKERTUTOR Posted - 1 week ago

think $BK gonna break out to ath this week.

User Image IN0V8 Posted - 1 week ago

$BK Barclays raises target price to $86 from $75 BofA Global Research ups price objective to $90 from $83 Morgan Stanley raises PT to $80 from $78

User Image WeeklyTrader Posted - 1 week ago

Watch for the drop on $BK! RSI: 72.82% 50-day MA: $68.27 200-day MA: $60.11

User Image WeeklyTrader Posted - 1 week ago

Prepare for turbulence with $BK! RSI: 72.82% 50-day MA: $68.27 200-day MA: $60.11

User Image EarningsReview Posted - 1 week ago

$BK $WMB $XLI $MSTX https://youtube.com/shorts/-KHtZfscYO8?si=amH8IuCncD7i9ENN

User Image indievestments Posted - 1 week ago

$BK stock ran a little too much into the report. Seems like the big break outs on earnings are sleepy stocks sitting on a base like $IDT.

User Image EarningsCallSamurAI Posted - 1 week ago

$BK Short Term (Immediate Impact) Factors Strong Financial Performance: BNY reported a 22% year-over-year earnings per share increase, demonstrating financial strength and effective leverage of market opportunities. Record Assets Under Custody: With over $50 trillion in assets under custody or administration, BNY solidified its market leadership and increased its ability to drive value across its portfolio. Acquisition of Archer: The acquisition of Archer is expected to boost BNY’s asset servicing capabilities and enhance the distribution of model portfolios. Introduction of Alts Bridge: Alts Bridge, aimed at simplifying investments in alternatives for wealth advisors, underscores BNY’s focus on innovation and responding to growing client demand. Check the long term factors, link in bio.

User Image stocksandguns Posted - 1 week ago

$BK dividends!!!!! Yes sir!! I’ll take some!

User Image StocktwitsNews Posted - 1 week ago

BNY Mellon’s Strong Q3 Earnings Pushes Stock To Intraday Record Highs, Retail Sentiment Soars. $BK https://stevents.onelink.me/wmCS/clnat18a

User Image Benzinga Posted - 1 week ago

US Banks Top Q3 Earnings Estimates: JPMorgan Delivers 'Robust Beat,' Financial Sector Stocks Hit Record Highs $BK $BLK $JPM https://www.benzinga.com/news/earnings/24/10/41293190/us-banks-top-q3-earnings-estimates-jpmorgan-delivers-robust-beat-financial-sector-stocks-hit-record

User Image extrodyne Posted - 1 week ago

$BK Gee, I wonder what to do. /s

User Image RictchieTwitch Posted - 1 week ago

$BK Just end the call rn lol, it's tanking the SP

User Image Msylaj Posted - 1 week ago

$BK

User Image hector1981 Posted - 1 week ago

$BK tolda ya

User Image ChessGM Posted - 1 week ago

$BK

User Image ChessGM Posted - 1 week ago

$BK

User Image Iwanthealthinsurance Posted - 1 week ago

$BK $BLK $FAST $JPM $WFC

User Image judgeyoung2 Posted - 1 week ago

@cubie @ribbey @Alvi722 @jargv @jenbunn @Ollip @EBE_Day @TraderRapp @tonyctl @lukenight I think $BLK, $JPM, $BK calls at open might work. They all had good earnings.

User Image RictchieTwitch Posted - 1 week ago

$BK Solid beat, my favorite regional bank

User Image wallstengine Posted - 1 week ago

$BK | BNY Mellon Q3 '24 Earnings Highlights: πŸ”Ή Adj EPS: $1.52 (Est. $1.42) 🟒; UP +20% YoY πŸ”Ή Revenue: $4.65B (Est. $4.55B) 🟒; UP +5% YoY πŸ”Ή AUM: $2.14T (Est. $2.08T) 🟒; UP +18% YoY πŸ”Ή Net Interest Revenue: $1.05B (Est. $1.00B) 🟒; UP +3% YoY πŸ”Ή CET1 Ratio: 11.9% (Est. 11.5%) 🟒 Investment Services: πŸ”Ή Asset Servicing Revenue: $1.02B; UP +5% YoY πŸ”Ή Issuer Services Revenue: $285M; UP +1% YoY πŸ”Ή Total Investment Services Fees: $1.31B; UP +4% YoY πŸ”Ή Foreign Exchange Revenue: $137M; UP +28% YoY Market and Wealth Services: πŸ”Ή Pershing Revenue: $475M; DOWN -1% YoY πŸ”Ή Treasury Services Revenue: $200M; UP +11% YoY πŸ”Ή Clearance and Collateral Management Revenue: $354M; UP +16% YoY πŸ”Ή Total Revenue for Market and Wealth Services: $1.55B; UP +7% YoY Investment and Wealth Management: πŸ”Ή Investment Management Fees: $782M; UP +5% YoY πŸ”Ή Total Fee Revenue: $804M; UP +2% YoY πŸ”Ή AUM for Investment Management: $2.14T; UP +18% YoY Key Financial Metrics: πŸ”Ή Return on Tangible Common Equity (ROTCE): 22.8% πŸ”Ή Pre-tax Operating Margin: 33% πŸ”Ή Average Deposits: $285B; UP +9% YoY Capital Distribution: πŸ”Ή Dividends Paid: $353M πŸ”Ή Share Repurchases: $725M πŸ”Ή Total Capital Returned to Shareholders: $1.08B Strategic Developments: πŸ”Έ Acquisition: Planned acquisition of Archer to expand managed account ecosystem πŸ”Έ New Initiative: Launch of Alts Bridge to broaden investor access to Alternatives CEO Robin Vince's Commentary: πŸ”Έ "BNY delivered strong third-quarter results with EPS up 20% YoY. Our platform's growth and strategic acquisitions continue to support our long-term objectives." πŸ”Έ "The focus on client solutions, including the Archer acquisition, aims to deliver a comprehensive solution to the growing managed account ecosystem." Dividend Update: πŸ”Έ Quarterly Dividend: $0.47 per share, payable on November 1, 2024 πŸ”Έ Annual Yield: 2.5%

User Image OpenOutcrier Posted - 1 week ago

$BK (+0.7% pre) BNY Mellon Q3 Earnings: Fee Income Soars 5%, Setting New $50T Record In Assets Under Custody - Yahoo https://ooc.bz/l/44571

User Image cmgventure Posted - 1 week ago

Pre-Market Earnings - 10.11.24 $JPM | JPMorgan πŸ”Ή EPS: $4.37 vs. $3.99 est. βœ… πŸ”Ή Revenue: $43.32B vs. $41.43B est. βœ… πŸ”Έ Strong FY outlook βœ… πŸ”Έ PM: +1.25% πŸ“ˆ $WFC | Wells Fargo πŸ”Ή EPS: $1.42 vs. $1.28 est. βœ… πŸ”Ή Revenue: $20.37B vs. $20.41B est. πŸ”΄ πŸ”Έ Weak FY outlook πŸ”΄ πŸ”Έ PM: +3.08% πŸ“ˆ $BLK | BlackRock πŸ”Ή EPS: $11.46 vs. $10.36 est. βœ… πŸ”Ή Revenue: $5.20B vs. $5.03B est. βœ… πŸ”Έ PM: +2.29% πŸ“ˆ $BK | BNY Mellon πŸ”Ή EPS: $1.52 vs. $1.42 est. βœ… πŸ”Ή Revenue: $4.65B vs. $4.55B est. βœ… πŸ”Έ PM: +0.17% πŸ“ˆ

User Image ChessGM Posted - 1 week ago

$BK On Oct 7th, we've called it first... follow us for more earnings alerts like this. https://finance.yahoo.com/news/bny-reports-third-quarter-2024-103400080.html

User Image ChessGM Posted - 1 week ago

$BK On Oct 7th, we've called it first... follow us for more earnings alerts like this.

User Image Tokenist Posted - 1 week ago

πŸš€ $BK Smashes Q3 Expectations! EPS Soars 22% to $1.50 πŸ“ˆ Bank of New York Mellon reports a knockout Q3, boosting EPS by 22% Y/Y to $1.50! Adjusted EPS hits $1.52, up 20%. Total revenue climbs to $4.648B, a 5% increase. Assets under management now at a colossal $2.1T! πŸ¦πŸ’Έ 🌟 Highlights: -Assets under custody/administration skyrocket to $52.1T -Strong pre-tax margin at 33% & ROTCE at 22.8% -Strategic acquisition of Archer to enhance managed account solutions Stock outperforms with analysts' EPS expectation of $1.38 crushed! Revenue also tops forecasts by over $148M. πŸ“Š πŸ”„ BNY is reshaping the future with innovative client solutions and robust capital strategies. Stay tuned for more growth as they lead the financial sector's transformation! #Finance #Earnings πŸ’Ό

Analyst Ratings
Morgan Stanley Equal-Weight Sep 30, 24
Goldman Sachs Buy Sep 26, 24
Deutsche Bank Buy Sep 23, 24
Citigroup Neutral Sep 19, 24
Deutsche Bank Hold Aug 15, 24
Morgan Stanley Equal-Weight Jul 30, 24
Deutsche Bank Hold Jul 15, 24
Evercore ISI Group In-Line Jul 15, 24
Keefe, Bruyette & Woods Outperform Jul 15, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Smits Hanneke Sr. Exec. Vice Presi.. Sr. Exec. Vice President Jan 16 Sell 55.1563 15,425 850,786 119,656 01/17/24
Keating Catherine Sr. Exec. Vice Presi.. Sr. Exec. Vice President Jan 16 Sell 55.0122 31,322 1,723,072 95,714 01/17/24
GIBBONS THOMAS P Chief Executive Offi.. Chief Executive Officer Aug 08 Sell 43.24 239,062 10,337,041 08/10/22