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Financial Services - Asset Management - NYSE - US
$ 78.29
0.928 %
$ 56.9 B
Market Cap
17.51
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one BK stock under the base case scenario is HIDDEN Compared to the current market price of 78.3 USD, The Bank of New York Mellon Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BK

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FINANCIALS
17.4 B REVENUE
8.41%
3.94 B OPERATING INCOME
-53.77%
3.29 B NET INCOME
27.71%
5.91 B OPERATING CASH FLOW
-60.76%
-5.81 B INVESTING CASH FLOW
-29.23%
-3.52 B FINANCING CASH FLOW
89.54%
4.56 B REVENUE
-0.85%
1.46 B OPERATING INCOME
-4.06%
1.18 B NET INCOME
1.20%
-312 M OPERATING CASH FLOW
-14.65%
10.2 B INVESTING CASH FLOW
88.02%
-9.42 B FINANCING CASH FLOW
-27.13%
Balance Sheet Decomposition The Bank of New York Mellon Corporation
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Current Assets 33.8 B
Cash & Short-Term Investments 33.8 B
Receivables 0
Other Current Assets 0
Non-Current Assets 231 B
Long-Term Investments 17 B
PP&E 3.16 B
Other Non-Current Assets 211 B
Current Liabilities 90.5 B
Accounts Payable 18.4 B
Short-Term Debt 0
Other Current Liabilities 72.1 B
Non-Current Liabilities 374 B
Long-Term Debt 31.7 B
Other Non-Current Liabilities 343 B
EFFICIENCY
Earnings Waterfall The Bank of New York Mellon Corporation
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Revenue 17.4 B
Cost Of Revenue 90 M
Gross Profit 17.3 B
Operating Expenses 10.9 B
Operating Income 3.94 B
Other Expenses 655 M
Net Income 3.29 B
RATIOS
99.48% GROSS MARGIN
99.48%
22.67% OPERATING MARGIN
22.67%
18.90% NET MARGIN
18.90%
8.04% ROE
8.04%
0.80% ROA
0.80%
4.37% ROIC
4.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Bank of New York Mellon Corporation
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Net Income 3.29 B
Depreciation & Amortization 1.75 B
Capital Expenditures -1.22 B
Stock-Based Compensation 0
Change in Working Capital 1.12 B
Others 1.3 B
Free Cash Flow 4.69 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The Bank of New York Mellon Corporation
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Wall Street analysts predict an average 1-year price target for BK of $71.5 , with forecasts ranging from a low of $59 to a high of $86 .
BK Lowest Price Target Wall Street Target
59 USD -24.64%
BK Average Price Target Wall Street Target
71.5 USD -8.72%
BK Highest Price Target Wall Street Target
86 USD 9.85%
4. DIVIDEND ANALYSIS
0.80% DIVIDEND YIELD
0.47 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership The Bank of New York Mellon Corporation
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Sold
0-3 MONTHS
3.17 M USD 2
3-6 MONTHS
962 K USD 1
6-9 MONTHS
6.48 M USD 4
9-12 MONTHS
2.82 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 15, 2024
Sell 1.91 M USD
McCarthy J Kevin
SEVP & General Counsel
- 25000
76.3149 USD
1 month ago
Oct 15, 2024
Sell 1.26 M USD
Smits Hanneke
Sr. Exec. Vice President
- 16474.58
76.4735 USD
4 months ago
Jul 18, 2024
Sell 962 K USD
Smits Hanneke
Sr. Exec. Vice President
- 15000
64.108 USD
6 months ago
May 08, 2024
Sell 902 K USD
Santhanakrishnan Senthilkumar
Senior Exec VP
- 15643
57.647 USD
6 months ago
May 07, 2024
Sell 360 K USD
Kurimsky Kurtis R.
Corporate Controller
- 6215
57.9313 USD
6 months ago
Apr 19, 2024
Sell 2.25 M USD
McCarthy J Kevin
SEVP & General Counsel
- 40000
56.1467 USD
7 months ago
Apr 18, 2024
Sell 2.97 M USD
Keating Catherine
Sr. Exec. Vice President
- 54070
54.88 USD
9 months ago
Feb 08, 2024
Sell 247 K USD
Keating Catherine
Sr. Exec. Vice President
- 4498
54.8087 USD
10 months ago
Jan 16, 2024
Sell 851 K USD
Smits Hanneke
Sr. Exec. Vice President
- 15425
55.1563 USD
10 months ago
Jan 16, 2024
Sell 1.72 M USD
Keating Catherine
Sr. Exec. Vice President
- 31321.638
55.0122 USD
1 year ago
Aug 04, 2023
Sell 641 K USD
Kurimsky Kurtis R.
Corporate Controller
- 14045
45.6412 USD
1 year ago
Jul 19, 2023
Sell 1.62 M USD
McCarthy J Kevin
SEVP & General Counsel
- 35000
46.326 USD
2 years ago
Nov 09, 2022
Sell 717 K USD
Smits Hanneke
Sr. Exec. Vice President
- 16960
42.29 USD
2 years ago
Oct 19, 2022
Sell 787 K USD
McCarthy J Kevin
SEVP & General Counsel
- 20000
39.3657 USD
2 years ago
Aug 08, 2022
Sell 4.54 M USD
GIBBONS THOMAS P
Chief Executive Officer
- 105062
43.2406 USD
2 years ago
Aug 08, 2022
Sell 2.9 M USD
GIBBONS THOMAS P
Chief Executive Officer
- 67000
43.2406 USD
2 years ago
May 10, 2022
Sell 1.89 M USD
Engle Bridget E.
Sr. Exec. Vice President
- 44135
42.818 USD
3 years ago
Jul 16, 2021
Sell 1.24 M USD
La Salla Francis J.
Sr. Executive Vice President
- 25000
49.409 USD
3 years ago
May 12, 2021
Sell 8.02 M USD
GIBBONS THOMAS P
Chief Executive Officer
- 155927
51.4604 USD
3 years ago
May 06, 2021
Sell 646 K USD
McCarthy J Kevin
SEVP & General Counsel
- 12500
51.6526 USD
3 years ago
Apr 30, 2021
Sell 1.18 M USD
Engle Bridget E.
Sr. Exec. Vice President
- 23720
49.9185 USD
3 years ago
Apr 19, 2021
Sell 1.64 M USD
McCarthy J Kevin
SEVP & General Counsel
- 35000
46.79 USD
3 years ago
Apr 19, 2021
Sell 510 K USD
Kurimsky Kurtis R.
Corporate Controller
- 10878
46.89 USD
3 years ago
Feb 10, 2021
Sell 687 K USD
McCarthy J Kevin
SEVP & General Counsel
- 16290
42.145 USD
3 years ago
Feb 10, 2021
Sell 687 K USD
McCarthy J Kevin
SEVP & General Counsel
- 16290
42.145 USD
3 years ago
Feb 10, 2021
Sell 598 K USD
McCarthy J Kevin
SEVP & General Counsel
- 14188
42.155 USD
3 years ago
Feb 10, 2021
Sell 598 K USD
McCarthy J Kevin
SEVP & General Counsel
- 14188
42.155 USD
4 years ago
Jul 22, 2020
Sell 1.25 M USD
Harris Mitchell E.
Sr. Executive Vice President
- 35000
35.751 USD
4 years ago
May 08, 2020
Sell 351 K USD
McCarthy J Kevin
SEVP & General Counsel
- 10000
35.1202 USD
4 years ago
Apr 17, 2020
Sell 1.42 M USD
Engle Bridget E.
Sr. Exec. Vice President
- 37913
37.5286 USD
4 years ago
Apr 07, 2020
Sell 6.97 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
- 197379
35.3069 USD
4 years ago
Apr 08, 2020
Sell 22.6 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
- 634419
35.569 USD
4 years ago
Apr 08, 2020
Sell 1.34 M USD
BERKSHIRE HATHAWAY INC
10 percent owner
- 37305
35.8293 USD
5 years ago
Oct 17, 2019
Sell 2.23 M USD
Harris Mitchell E.
Sr. Executive Vice President
- 50000
44.599 USD
5 years ago
Jul 24, 2019
Sell 5.99 M USD
GIBBONS THOMAS P
Vice Chairman
- 128432
46.661 USD
5 years ago
Jul 24, 2019
Sell 8.89 M USD
GIBBONS THOMAS P
Vice Chairman
- 190124
46.766 USD
5 years ago
Jul 18, 2019
Bought 256 K USD
DALEY WILLIAM M
Vice Chairman
+ 5700
44.9286 USD
5 years ago
Jul 18, 2019
Bought 254 K USD
DALEY WILLIAM M
Vice Chairman
+ 5650
44.9253 USD
5 years ago
May 02, 2019
Sell 5.42 M USD
GARDEN EDWARD P
Director
- 108214
50.122 USD
5 years ago
May 03, 2019
Sell 25.7 M USD
GARDEN EDWARD P
Director
- 513593
50.1048 USD
5 years ago
Apr 30, 2019
Sell 1.24 M USD
McCarthy J Kevin
SEVP & General Counsel
- 25000
49.4292 USD
5 years ago
Mar 11, 2019
Sell 69.5 K USD
GARDEN EDWARD P
Director
- 1336
52 USD
5 years ago
Mar 12, 2019
Sell 32.2 M USD
GARDEN EDWARD P
Director
- 618704
52.0474 USD
5 years ago
Mar 13, 2019
Sell 8.99 M USD
GARDEN EDWARD P
Director
- 171960
52.2847 USD
5 years ago
Mar 01, 2019
Sell 307 K USD
Kurimsky Kurtis R.
Controller
- 5797
53.003 USD
7. News
BNY to Report Fourth Quarter 2024 Results on January 15, 2025 NEW YORK , Nov. 15, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, will report financial results for the fourth quarter 2024 on Wednesday, January 15, 2025. Materials will be posted to BNY's website at approximately 6:30 a.m. prnewswire.com - 2 days ago
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on November 13, 2024, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tenderin. businesswire.com - 2 days ago
Bridgewater increased bets on banks before election-driven rally, filing shows Bridgewater Associates added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a rally that followed Donald Trump's victory in the U.S. presidential election. reuters.com - 2 days ago
BNY Announces Redemption of 5.224% Fixed Rate / Floating Rate Callable Senior Bank Notes Due 2025 NEW YORK , Nov. 13, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that The Bank of New York Mellon, its wholly-owned subsidiary, will redeem all of its issued and outstanding 5.224% Fixed Rate / Floating Rate Callable Senior Bank Notes due November 21, 2025 (CUSIP: 06405LAC5) (the "Notes"). The Notes have an aggregate principal amount of $750,000,000. prnewswire.com - 4 days ago
Should You Invest in BK Stock as it Trades Near 52-Week High? Lower rates and Donald Trump's re-election as President will support BNY Mellon's financials well into 2025, making BK stock worth buying. zacks.com - 5 days ago
BNY to Speak at the Goldman Sachs Financial Services Conference NEW YORK , Nov. 7, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that Robin Vince, Chief Executive Officer, will speak at the Goldman Sachs Financial Services Conference in New York at 10:00 a.m. ET on Wednesday, December 11, 2024. prnewswire.com - 1 week ago
BNY Mellon Acquires Archer Holdco, Enhances Managed Account Offerings BK acquires Archer Holdco to offer its clients an enhanced managed account service, aiding retail and institutional asset managers. zacks.com - 1 week ago
BNY Closes Acquisition of Archer NEW YORK , Nov. 1, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the successful closing of its acquisition of Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. The entry into the definitive agreement to acquire Archer was previously announced on September 5, 2024. prnewswire.com - 2 weeks ago
Fed is focused on labor market now, says BNY Mellon's Jake Jolly Charlie Bobrinskoy, Ariel Investments vice chairman, and Jake Jolly, BNY Mellon head of investment analysis, joins 'Closing Bell Overtime' to talk the day's market action. youtube.com - 3 weeks ago
Are You Looking for a Top Momentum Pick? Why The Bank of New York Mellon Corporation (BK) is a Great Choice Does The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 3 weeks ago
Bank of New York Mellon Analysts Increase Their Forecasts After Upbeat Earnings The Bank Of New York Mellon Corporation BK posted better-than-expected third-quarter results on Friday. benzinga.com - 1 month ago
BofA's Ebrahim Poonawala talks what to expect from bank earnings Ebrahim Poonawala, Bank of America Securities senior analyst, joins 'Closing Bell Overtime' to talk bank earnings and what to expect form next week's slate of earnings. youtube.com - 1 month ago
8. Profile Summary

The Bank of New York Mellon Corporation BK

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COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 56.9 B
Dividend Yield 0.80%
Description 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.
Contact 240 Greenwich Street, New York, NY, 10286 https://www.bnymellon.com
IPO Date May 3, 1973
Employees 52600
Officers Ms. Natalie Sunderland Global Head of Marketing & Communications Ms. Shannon Marie Hobbs Senior Executive Vice President & Chief People Officer Mr. Robin Antony Vince Chief Executive Officer & Director Mr. Dermot William McDonogh Senior Executive Vice President & Chief Financial Officer Mr. Jose Manuel Minaya Global Head of BNY Investments & Wealth Ms. Emily Hope Portney Global Head of Asset Servicing Mr. Marius Merz Head of Investor Relations Mr. Alejandro Perez Chief Administrative Officer Mr. Mark Musi Chief Compliance & Ethics Officer Ms. Leigh-Ann Russell Chief Information Officer & Global Head of Engineering