Bank of New York Mellon (WBAG:BONY) - Stock Price, News & Analysis

BONY Stock Overview

Provides a range of financial products and services in the United States and internationally. More details

BONY fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	1/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 26.6% below our estimate of its fair value

Earnings are forecast to grow 10.87% per year

Pays a reliable dividend of 2.39%

Risk Analysis

Significant insider selling over the past 3 months

The Bank of New York Mellon Corporation Competitors

Ameriprise Financial

NYSE:AMP

US$54.6b

Ares Management

NYSE:ARES

US$52.3b

3i Group

LSE:III

UK£33.3b

Brookfield

TSX:BN

CA$118.6b

Price History & Performance

Summary of all time highs, changes and price drops for Bank of New York Mellon
Historical stock prices
Current Share Price	US$74.08
52 Week High	US$74.79
52 Week Low	US$42.60
Beta	1.06
11 Month Change	3.42%
3 Month Change	26.01%
1 Year Change	71.88%
33 Year Change	45.54%
5 Year Change	65.75%
Change since IPO	76.34%

Recent updates

Shareholder Returns

	BONY	AT Capital Markets	AT Market
7D	0.09%	-1.5%	0.7%
1Y	71.9%	21.9%	2.0%

Return vs Industry: BONY exceeded the Austrian Capital Markets industry which returned 21.8% over the past year.

Return vs Market: BONY exceeded the Austrian Market which returned 1.5% over the past year.

Price Volatility

Is BONY's price volatile compared to industry and market?
BONY volatility
BONY Average Weekly Movement	2.6%
Capital Markets Industry Average Movement	3.6%
Market Average Movement	3.6%
10% most volatile stocks in AT Market	6.4%
10% least volatile stocks in AT Market	1.8%

Stable Share Price: BONY has not had significant price volatility in the past 3 months compared to the Austrian market.

Volatility Over Time: BONY's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1784	52,600	Robin Vince	www.bny.com

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.

The Bank of New York Mellon Corporation Fundamentals Summary

How do Bank of New York Mellon's earnings and revenue compare to its market cap?
BONY fundamental statistics
Market cap	€54.07b
Earnings (TTM)	€3.18b
Revenue (TTM)	€16.91b

17.1x

P/E Ratio

3.2x

P/S Ratio

Is BONY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BONY income statement (TTM)
Revenue	US$17.80b
Cost of Revenue	US$0
Gross Profit	US$17.80b
Other Expenses	US$14.45b
Earnings	US$3.35b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 15, 2025

Earnings per share (EPS)	4.61
Gross Margin	100.00%
Net Profit Margin	18.83%
Debt/Equity Ratio	167.7%

How did BONY perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

39%

Payout Ratio

BONY Stock Overview

Rewards

Risk Analysis

The Bank of New York Mellon Corporation Competitors

NYSE:AMP

US$54.6b

NYSE:ARES

US$52.3b

LSE:III

UK£33.3b

TSX:BN

CA$118.6b

Price History & Performance

Recent News & Updates

The Bank of New York Mellon Corporation to Report Q4, 2024 Results on Jan 15, 2025

Senior EVP & General Counsel recently sold €1.7m worth of stock

Third quarter dividend of US$0.47 announced

Third quarter 2024 earnings released: EPS: US$1.51 (vs US$1.23 in 3Q 2023)

The Bank of New York Mellon Corporation Declares Quarterly Common Stock Dividend, Payable on November 1, 2024

The Bank of New York Mellon Corporation (NYSE:BK) entered into a definitive agreement to acquire Archer IMS, LLC.

Recent updates

The Bank of New York Mellon Corporation to Report Q4, 2024 Results on Jan 15, 2025

Senior EVP & General Counsel recently sold €1.7m worth of stock

Third quarter dividend of US$0.47 announced

Third quarter 2024 earnings released: EPS: US$1.51 (vs US$1.23 in 3Q 2023)

The Bank of New York Mellon Corporation Declares Quarterly Common Stock Dividend, Payable on November 1, 2024

The Bank of New York Mellon Corporation (NYSE:BK) entered into a definitive agreement to acquire Archer IMS, LLC.

The Bank of New York Mellon Corporation to Report Q3, 2024 Results on Oct 11, 2024

Second quarter dividend of US$0.47 announced

Second quarter 2024 earnings released: EPS: US$1.53 (vs US$1.31 in 2Q 2023)

BNY Announces Executive Changes, Effective September 3, 2024

The Bank of New York Mellon Corporation Announces Intention to Increase Quarterly Common Stock Dividend Effective from October 1, 2024, to September 30, 2025

The Bank of New York Mellon Corporation Appoints Leigh-Ann Russell as Chief Information Officer and Global Head of Engineering, Effective September 15, 2024

The Bank of New York Mellon Corporation Announces the Launch of Customized Tax Solutions and the Expansion of its Direct Indexing Suite, BNY Mellon Precision Direct Indexingsm

The Bank of New York Mellon Corporation to Report Q2, 2024 Results on Jul 12, 2024

First quarter 2024 earnings released: EPS: US$1.26 (vs US$1.13 in 1Q 2023)

Insider recently sold €2.8m worth of stock

Computershare Trust Company of Canada agreed to acquire BNY Trust Company of Canada from The Bank of New York Mellon Corporation (NYSE:BK).

Insider recently sold €2.8m worth of stock

The Bank of New York Mellon Corporation (NYSE:BK) announces an Equity Buyback for $6,000 million worth of its shares.

First quarter dividend of US$0.42 announced

First quarter 2024 earnings released: EPS: US$1.26 (vs US$1.13 in 1Q 2023)

The Bank of New York Mellon Corporation Declares Quarterly Common Stock Dividend, Payable on May 9, 2024

The Bank of New York Mellon Corporation Announces Appointment of Shannon Hobbs as Chief People Officer, Effective from June 3

John Chevedden Files a Notice of Exempt Solicitation to The Bank of New York Mellon Corporation

Full year 2023 earnings released: EPS: US$3.89 (vs US$2.91 in FY 2022)

The Bank of New York Mellon Corporation, Annual General Meeting, Apr 09, 2024

The Bank of New York Mellon Corporation Unveils New Basket Construction Platform for ETF Services

The Bank of New York Mellon Corporation to Report Q1, 2024 Results on Apr 16, 2024

BNY Mellon Announces Launch of Virtual Account Based Solutions

Insider recently sold €1.6m worth of stock

Full year 2023 earnings released: EPS: US$4.01 (vs US$2.91 in FY 2022)

The Bank of New York Mellon Corporation Declares Quarterly Cash Dividend, Payable on February 2, 2024

The Bank of New York Mellon Corporation to Report Q4, 2023 Results on Jan 12, 2024

Bny Mellon Launches Universal FX

Third quarter 2023 earnings released: EPS: US$1.23 (vs US$0.39 in 3Q 2022)

The Bank of New York Mellon Corporation Declares A Quarterly Common Stock Dividend, Payable on November 9, 2023

BNY Mellon's Pershing Debuts Bondwise, an Innovative Fixed Income Research and Trading Tool

Bny Mellon Launches Bankify

BNY Mellon Markets Appoints Eoin Ellis as Head of EMEA Liquidity Sales

The Bank of New York Mellon Corporation to Report Q3, 2023 Results on Oct 17, 2023

General Counsel recently sold €1.4m worth of stock

The Bank of New York Mellon Corporation Declares a Quarterly Common Stock Dividend, Payable on August 10, 2023

Second quarter 2023 earnings released: EPS: US$1.31 (vs US$1.03 in 2Q 2022)

The Bank of New York Mellon Corporation Announces the Resignation of Frederick O. Terrell from Board of Directors

BNY Mellon Appoints Francis Giglio as Hong Kong Chief Executive

The Bank of New York Mellon Corporation to Report Q2, 2023 Results on Jul 18, 2023

First quarter 2023 earnings released

High number of new directors

The Bank of New York Mellon Corporation (NYSE:BK) announces an Equity Buyback for $5,000 million worth of its shares.

Full year 2022 earnings released: EPS: US$2.91 (vs US$4.17 in FY 2021)

High number of new directors

The Bank of New York Mellon Corporation to Report Q4, 2022 Results on Jan 13, 2023

Benefit Street Partners L.L.C. completed the acquisition of BNY Alcentra Group Holdings, Inc. from The Bank of New York Mellon Corporation (NYSE:BK).

Bny Mellon Launches New Payment Platform Vaia for Payee-Choice Disbursements

Senior EVP & General Counsel recently sold €805k worth of stock

The Bank of New York Mellon Corporation Declares Dividend on Common Shares, Payable on November 10, 2022

Third quarter 2022 earnings released: EPS: US$0.39 (vs US$1.04 in 3Q 2021)

BNY Mellon Appoints Geoff Hodge as Country Executive for Australia

The Bank of New York Mellon Corporation to Report Q3, 2022 Results on Oct 17, 2022