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The Bank of New York Mellon Corporation

(BK)

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57.00 USD +0.31

Closed: 03 May, 3:55 pm

Symbol	BK
Market Cap	42.6B
Price	57.00
Open	56.91
52-wk High	58.28
50 Day Avg	56.09
Earnings Announcement	2024-07-16
Website	https://www.bnymellon.com

Name	The Bank of New York Mellon Corporation
Shares Outstanding	747,816,000
Change %	0.7067%
Low	56.49
52-wk Low	39.65
200 Day Avg	49.66
Last Dividend	1.68

Exchange	NYSE
Volume	1,779,407
Previous Close	56.60
High	57.21
EPS	4.00
PE	14.25
Avg Volume	3,667,372
CUSIP	064058100

The Bank of New York Mellon Corporation Outlook

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.
Currency	USD
ISIN	US0640581007

Industry	Asset Management
Changes	0.40
CUSIP	064058100

Range	39.65 - 58.28
Beta	1.11
CIK	0001390777

01-May-2024 10:46 AM

Is The Bank of New York Mellon (BK) Outperforming Other Finance Stocks This Year?

Here is how The Bank of New York Mellon Corporation (BK) and Brown & Brown (BRO) have performed compared to their sector so far this year.

29-Apr-2024 12:51 PM

The Bank of New York Mellon Corporation (BK) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?

29-Apr-2024 12:21 PM

BNY Mellon (BK) Plans to Divest Canada Unit to Computershare

BNY Mellon (BK) signs a deal to divest its Canada business while at the same time focusing on global expansion efforts. The financial terms of the deal remain undisclosed.

17-Apr-2024 10:55 AM

BNY Mellon's (BK) Q1 Earnings Beat, AUM & Fee Income Rise

Higher fee income and solid improvement in AUM and AUC/A balances drive BNY Mellon's (BK) Q1 earnings. On the other hand, lower NIR and a rise in expenses act as spoilsports.

16-Apr-2024 3:37 PM

The Bank of New York Mellon Corporation (BK) Q1 2024 Earnings Call Transcript

The Bank of New York Mellon Corporation (NYSE:BK ) Q1 2024 Earnings Conference Call April 16, 2024 11:00 AM ET Company Participants Marius Merz - Head of Investor Relations Robin Vince - President and Chief Executive Officer Dermot McDonogh - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Steven Chubak - Wolfe Research Betsy Graseck - Morgan Stanley Ebrahim Poonawala - Bank of America Securities Brennan Hawken - UBS Mike Mayo - Wells Fargo Securities Glenn Schorr - Evercore ISI Gerard Cassidy - RBC Capital Markets David Smith - Autonomous Research Brian Bedell - Deutsche Bank Ken Usdin - Jefferies Operator Good morning and welcome to the 2024 First Quarter Earnings Conference Call hosted by BNY Mellon. At this time, all participants are in a listen-only mode.

16-Apr-2024 3:19 PM

'Not surprising' that Fed doesn't yet have confidence to cut rates, says BNY Mellon CEO

CNBC's Leslie Picker sits down with Bank of New York Mellon CEO, Robin Vince, to discuss potential rate cuts, macro outlooks, and more.

16-Apr-2024 1:10 PM

BNY Mellon Beats Earnings Estimates on Higher Fees and Announces $6B Stock Buyback

The Bank of New York Mellon (BK) posted better-than-expected results as the oldest U.S. bank reported higher investment services fees. It also boosted its stock buyback program.

16-Apr-2024 10:31 AM

The Bank of New York Mellon (BK) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for The Bank of New York Mellon (BK) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

16-Apr-2024 9:50 AM

The Bank of New York Mellon Corporation Outlook

The Bank of New York Mellon Corporation News