Bank of New York Mellon (BK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $86.84 to $87.89
• 50-Day Range: $75.55 to $88.94
• 52-Week Range: $52.64 to $89.44
• Volume: 5.99 million shs
• Average Volume: 3.46 million shs
• Market Capitalization: $63.46 billion
• P/E Ratio: 15.02
• Dividend Yield: 2.15%
• Price Target: $88.00
• Consensus Rating: Moderate Buy

Bank of New York Mellon Stock Analysis - MarketRank™

Bank of New York Mellon scored higher than 95% of companies evaluated by MarketBeat, and ranked 73rd out of 932 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bank of New York Mellon has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bank of New York Mellon has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.10%

Earnings Growth

Earnings for Bank of New York Mellon are expected to grow by 12.10% in the coming year, from $6.94 to $7.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bank of New York Mellon is 15.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bank of New York Mellon is 15.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.12.

Price to Earnings Growth Ratio

Bank of New York Mellon has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Bank of New York Mellon has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.28% of the float of Bank of New York Mellon has been sold short.

Short Interest Ratio / Days to Cover

Bank of New York Mellon has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bank of New York Mellon has recently increased by 20.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Bank of New York Mellon pays a meaningful dividend of 2.16%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bank of New York Mellon has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Bank of New York Mellon is 32.36%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bank of New York Mellon will have a dividend payout ratio of 24.16% next year. This indicates that Bank of New York Mellon will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.1 / 5
• Environmental Score: -0.21

Percentage of Shares Shorted

1.28% of the float of Bank of New York Mellon has been sold short.

Short Interest Ratio / Days to Cover

Bank of New York Mellon has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bank of New York Mellon has recently increased by 20.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.35

News Sentiment

Bank of New York Mellon has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.90 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Bank of New York Mellon this week, compared to 14 articles on an average week.

Search Interest

Only 23 people have searched for BK on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

MarketBeat Follows

15 people have added Bank of New York Mellon to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bank of New York Mellon insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.14% of the stock of Bank of New York Mellon is held by insiders.

Percentage Held by Institutions

85.31% of the stock of Bank of New York Mellon is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BK Stock Analysis - Frequently Asked Questions

How have BK shares performed this year?

Bank of New York Mellon's stock was trading at $76.83 at the beginning of 2025. Since then, BK shares have increased by 13.6% and is now trading at $87.2860.
View the best growth stocks for 2025 here.

How were Bank of New York Mellon's earnings last quarter?

The Bank of New York Mellon Co. (NYSE:BK) posted its quarterly earnings data on Wednesday, January, 15th. The bank reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.18. The business's revenue for the quarter was up 11.2% compared to the same quarter last year.
Read the conference call transcript.

Does Bank of New York Mellon have any subsidiaries?

Bank of New York Mellon subsidiaries include Milestone Group, DBV-X, Cutwater Asset Management, I3 Advisors, Albridge, PNC Global Investment Servicing, Insight Investment, and more.

Who are Bank of New York Mellon's major shareholders?

Bank of New York Mellon's top institutional investors include Vanguard Group Inc. (9.89%), Dodge & Cox (6.15%), FMR LLC (3.17%) and Geode Capital Management LLC (2.43%). Insiders that own company stock include Thomas P Gibbons, Hanneke Smits, Senthilkumar Santhanakrishnan, Catherine Keating, J Kevin Mccarthy and Kurtis R Kurimsky.
View institutional ownership trends.

How do I buy shares of Bank of New York Mellon?

Shares of BK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Bank of New York Mellon own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bank of New York Mellon investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM) and Intel (INTC).

Company Calendar

• Last Earnings: 1/15/2025
• Ex-Dividend for 2/7 Dividend: 1/27/2025
• Dividend Payable: 2/07/2025
• Today: 2/22/2025
• Next Earnings (Estimated): 4/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NYSE:BK
• CUSIP: 06405810
• CIK: 1390777
• Web: www.bnymellon.com
• Phone: (212) 495-1784
• Fax: 302-655-5049
• Employees: 53,400
• Year Founded: 1784

Price Target and Rating

• Average Stock Price Target: $88.00
• High Stock Price Target: $104.00
• Low Stock Price Target: $68.00
• Potential Upside/Downside: +0.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.81
• Trailing P/E Ratio: 15.02
• Forward P/E Ratio: 12.58
• P/E Growth: 0.98
• Net Income: $4.53 billion
• Net Margins: 11.35%
• Pretax Margin: 40.88%
• Return on Equity: 12.68%
• Return on Assets: 1.10%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 0.69
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $39.91 billion
• Price / Sales: 1.59
• Cash Flow: $6.55 per share
• Price / Cash Flow: 13.32
• Book Value: $51.35 per share
• Price / Book: 1.70

Miscellaneous

• Outstanding Shares: 727,080,000
• Free Float: 726,060,000
• Market Cap: $63.46 billion
• Optionable: Optionable
• Beta: 1.08