| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
BK Stock Overview
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally.
Rewards
Risk Analysis
No risks detected for BK from our risk checks.
Bank of New York Mellon Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$59.92 |
| 52 Week High | US$64.53 |
| 52 Week Low | US$39.46 |
| Beta | 1.16 |
| 1 Month Change | 3.51% |
| 3 Month Change | 0.35% |
| 1 Year Change | 41.79% |
| 3 Year Change | 11.56% |
| 5 Year Change | 33.24% |
| Change since IPO | 1,006.37% |
Recent News & Updates
Bank Of New York Mellon: Stable Business Model Combined With Future Growth Potential
The company has a stable fee-based business model and the ability to generate consistent revenue. BNY Mellon reported good Q3 results and that was the 10th consecutive quarter when the company outperformed the previous EPS estimates. The company is not an attractive target with its 2.45% dividend yield but growth investors can find serious value under the surface.
Bank of New York Mellon's (NYSE:BK) Dividend Will Be Increased To US$0.34
The Bank of New York Mellon Corporation ( NYSE:BK ) has announced that it will be increasing its dividend on the 12th...
Shareholder Returns
| BK | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -5.9% | -4.0% | -4.0% |
| 1Y | 41.8% | 25.3% | 6.6% |
Return vs Industry: BK exceeded the US Capital Markets industry which returned 24.6% over the past year.
Return vs Market: BK exceeded the US Market which returned 7.7% over the past year.
Price Volatility
| BK volatility | |
|---|---|
| BK Average Weekly Movement | 3.6% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: BK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BK's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1784 | 49,100 | Todd Gibbons | https://www.bnymellon.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 three segments: Investment Services, Investment and Wealth Management, and Other. The Investment Service segment offers custody, trust and depositary, accounting, exchange-traded funds services, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, brokerage and data analytics, clearing, investment, wealth and retirement solutions, technology and enterprise data management, trading, corporate trust, depositary receipts, payments, foreign exchange, liquidity management, receivables processing and payables management, trade finance and processing, collateral management, and tri-party services.
Bank of New York Mellon Fundamentals Summary
| BK fundamental statistics | |
|---|---|
| Market Cap | US$48.18b |
| Earnings (TTM) | US$3.55b |
| Revenue (TTM) | US$16.16b |
13.6x
P/E Ratio3.0x
P/S RatioIs BK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BK income statement (TTM) | |
|---|---|
| Revenue | US$16.16b |
| Cost of Revenue | US$0 |
| Gross Profit | US$16.16b |
| Expenses | US$12.61b |
| Earnings | US$3.55b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.42 |
| Gross Margin | 100.00% |
| Net Profit Margin | 21.98% |
| Debt/Equity Ratio | 146.1% |
How did BK perform over the long term?
See historical performance and comparisonDividends
2.3%
Current Dividend Yield31%
Payout RatioDoes BK pay a reliable dividends?
See BK dividend history and benchmarks| Bank of New York Mellon dividend dates | |
|---|---|
| Ex Dividend Date | Jan 28 2022 |
| Dividend Pay Date | Feb 11 2022 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 20 days |
Does BK pay a reliable dividends?
See BK dividend history and benchmarksValuation
Is Bank of New York Mellon undervalued compared to its fair value and its price relative to the market?
31.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BK ($59.92) is trading below our estimate of fair value ($87.55)
Significantly Below Fair Value: BK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BK is good value based on its PE Ratio (13.6x) compared to the US Capital Markets industry average (15.2x).
PE vs Market: BK is good value based on its PE Ratio (13.6x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: BK is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: BK is good value based on its PB Ratio (1.3x) compared to the US Capital Markets industry average (37.6x).
Future Growth
How is Bank of New York Mellon forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BK's forecast earnings growth (7.5% per year) is above the savings rate (2%).
Earnings vs Market: BK's earnings (7.5% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: BK's earnings are forecast to grow, but not significantly.
Revenue vs Market: BK's revenue (4.5% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: BK's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BK's Return on Equity is forecast to be low in 3 years time (11.6%).
Past Performance
How has Bank of New York Mellon performed over the past 5 years?
-0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BK has high quality earnings.
Growing Profit Margin: BK's current net profit margins (22%) are lower than last year (22.1%).
Past Earnings Growth Analysis
Earnings Trend: BK's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: BK's earnings growth over the past year (4%) exceeds its 5-year average (-0.6% per year).
Earnings vs Industry: BK earnings growth over the past year (4%) underperformed the Capital Markets industry 87.1%.
Return on Equity
High ROE: BK's Return on Equity (8.7%) is considered low.
Financial Health
How is Bank of New York Mellon's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BK's Assets to Equity ratio (10.2x) is moderate.
Allowance for Bad Loans: BK has a sufficient allowance for bad loans (218%).
Low Risk Liabilities: 80% of BK's liabilities are made up of primarily low risk sources of funding.
Loan Level: BK has an appropriate level of Loans to Assets ratio (15%).
Low Risk Deposits: BK's Loans to Deposits ratio (21%) is appropriate.
Level of Bad Loans: BK has an appropriate level of bad loans (0.2%).
Dividend
What is Bank of New York Mellon current dividend yield, its reliability and sustainability?
2.27%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BK's dividend (2.27%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BK's dividend (2.27%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: BK's dividends per share have been stable in the past 10 years.
Growing Dividend: BK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.2%), BK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BK's dividends in 3 years are forecast to be well covered by earnings (30.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Todd Gibbons (64 yo)
2.33yrs
Tenure
US$9,390,555
Compensation
Mr. Thomas P. Gibbons, also known as Todd, has been Chief Executive Officer of Bank of New York Mellon Corporation since March 30, 2020 and Director since September 27, 2019 and served as an Interim Chief...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD9.39M) is about average for companies of similar size in the US market ($USD11.31M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BK's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: BK's board of directors are considered experienced (3.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Bank of New York Mellon Corporation's employee growth, exchange listings and data sources
Key Information
- Name: The Bank of New York Mellon Corporation
- Ticker: BK
- Exchange: NYSE
- Founded: 1784
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$48.184b
- Shares outstanding: 804.15m
- Website: https://www.bnymellon.com
Number of Employees
Location
- The Bank of New York Mellon Corporation
- 240 Greenwich Street
- New York
- New York
- 10286
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 23:52 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.