NYSE
BK

Bank of New York Mellon

Asset Management
Financial Services

Prices are adjusted according to historical splits.

Bank of New York Mellon Stock Price

Vitals

Today's Low:
$44.745
Today's High:
$45.805
Open Price:
$44.99
52W Low:
$35.3109
52W High:
$51.7973
Prev. Close:
$44.92
Volume:
5926857

Company Statistics

Market Cap.:
$33.55 billion
Book Value:
45.361
Revenue TTM:
$16.75 billion
Operating Margin TTM:
26.21%
Gross Profit TTM:
$16.34 billion
Profit Margin:
16.57%
Return on Assets TTM:
0.62%
Return on Equity TTM:
6.68%

Company Profile

Bank of New York Mellon had its IPO on 1973-05-03 under the ticker symbol BK.

The company operates in the Financial Services sector and Asset Management industry. Bank of New York Mellon has a staff strength of 51,600 employees.

Stock update

Shares of Bank of New York Mellon opened at $44.99 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $44.75 - $45.81, and closed at $45.38.

This is a +1.02% increase from the previous day's closing price.

A total volume of 5,926,857 shares were traded at the close of the day’s session.

In the last one week, shares of Bank of New York Mellon have slipped by -0.09%.

Bank of New York Mellon's Key Ratios

Bank of New York Mellon has a market cap of $33.55 billion, indicating a price to book ratio of 1.0408 and a price to sales ratio of 2.1709.

In the last 12-months Bank of New York Mellon’s revenue was $16.75 billion with a gross profit of $16.34 billion and an EBITDA of $0. The EBITDA ratio measures Bank of New York Mellon's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Bank of New York Mellon’s operating margin was 26.21% while its return on assets stood at 0.62% with a return of equity of 6.68%.

In Q1, Bank of New York Mellon’s quarterly earnings growth was a positive 30.2% while revenue growth was a positive 10.5%.

Bank of New York Mellon’s PE and PEG Ratio

Forward PE
9.2678
Trailing PE
13.0031
PEG
1.0409

Its diluted EPS in the last 12-months stands at $3.27 per share while it has a forward price to earnings multiple of 9.2678 and a PEG multiple of 1.0409. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bank of New York Mellon’s profitability.

Bank of New York Mellon stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.1709.

Bank of New York Mellon stock pays annual dividends of $1.45 per share, indicating a yield of 3.59% and a payout ratio of 37.47%.

Balance sheet and cash flow metrics

Total Assets
$425.11 billion
Total Liabilities
$22.60 billion
Operating Cash Flow
$-17752000000.00
Capital Expenditure
$261 million
Dividend Payout Ratio
37.47%

Bank of New York Mellon ended 2024 with $425.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $425.11 billion while shareholder equity stood at $40.63 billion.

Bank of New York Mellon ended 2024 with $0 in deferred long-term liabilities, $22.60 billion in other current liabilities, 14000000.00 in common stock, $38.47 billion in retained earnings and $16.19 billion in goodwill. Its cash balance stood at $137.72 billion and cash and short-term investments were $137.72 billion. The company’s total short-term debt was $0 while long-term debt stood at $33.03 billion.

Bank of New York Mellon’s total current assets stands at $138.70 billion while long-term investments were $147.70 billion and short-term investments were $45.41 billion. Its net receivables were $978.00 million compared to accounts payable of $22.60 billion and inventory worth $0.

In 2024, Bank of New York Mellon's operating cash flow was $-17752000000.00 while its capital expenditure stood at $261 million.

Comparatively, Bank of New York Mellon paid $0.37 in dividends in 2024.

Other key metrics

Current Trading Price
$45.38
52-Week High
$51.7973
52-Week Low
$35.3109
Analyst Target Price
$53.2

Bank of New York Mellon stock is currently trading at $45.38 per share. It touched a 52-week high of $51.7973 and a 52-week low of $51.7973. Analysts tracking the stock have a 12-month average target price of $53.2.

Its 50-day moving average was $44.65 and 200-day moving average was $44.73 The short ratio stood at 1.04 indicating a short percent outstanding of 0%.

Around 14.5% of the company’s stock are held by insiders while 8818.7% are held by institutions.

Frequently Asked Questions About Bank of New York Mellon

The stock symbol (also called stock or share ticker) of Bank of New York Mellon is BK

The IPO of Bank of New York Mellon took place on 1973-05-03

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About

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 company was founded in 1784 and is headquartered in New York, New York.

Address

240 Greenwich Street, New York, NY, United States, 10286