The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. More Details
Flawless balance sheet established dividend payer.
Share Price & News
How has Bank of New York Mellon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BK's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: BK underperformed the US Capital Markets industry which returned 66.1% over the past year.
Return vs Market: BK exceeded the US Market which returned 48.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bank of New York Mellon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StSenior EVP & General Counsel Jane McCarthy Just Sold A Bunch Of Shares In The Bank of New York Mellon Corporation (NYSE:BK)
4 weeks ago | Simply Wall StThe Bank of New York Mellon Corporation (NYSE:BK) Has Got What It Takes To Be An Attractive Dividend Stock
1 month ago | Simply Wall StIf You Had Bought Bank of New York Mellon (NYSE:BK) Shares A Year Ago You'd Have Earned 62% Returns
Is Bank of New York Mellon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BK ($52.27) is trading below our estimate of fair value ($62.87)
Significantly Below Fair Value: BK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BK is good value based on its PE Ratio (13.9x) compared to the US Capital Markets industry average (17.6x).
PE vs Market: BK is good value based on its PE Ratio (13.9x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: BK is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: BK is good value based on its PB Ratio (1.1x) compared to the US Capital Markets industry average (68.2x).
How is Bank of New York Mellon forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BK's forecast earnings growth (5.3% per year) is above the savings rate (2%).
Earnings vs Market: BK's earnings (5.3% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: BK's earnings are forecast to grow, but not significantly.
Revenue vs Market: BK's revenue (3.1% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: BK's revenue (3.1% 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 (9.3%).
How has Bank of New York Mellon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BK has high quality earnings.
Growing Profit Margin: BK's current net profit margins (21.5%) are lower than last year (25.9%).
Past Earnings Growth Analysis
Earnings Trend: BK's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: BK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BK had negative earnings growth (-22.3%) over the past year, making it difficult to compare to the Capital Markets industry average (30.2%).
Return on Equity
High ROE: BK's Return on Equity (7.9%) is considered low.
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
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 (297%).
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 (13%).
Low Risk Deposits: BK's Loans to Deposits ratio (18%) is appropriate.
Level of Bad Loans: BK has an appropriate level of bad loans (0.2%).
What is Bank of New York Mellon current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BK's dividend (2.37%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: BK's dividend (2.37%) is low compared to the top 25% of dividend payers in the US market (3.41%).
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 (33%), 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 (31.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Gibbons (63 yo)
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 ($USD11.15M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Experienced Management: BK's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: BK's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Bank of New York Mellon Corporation's company bio, employee growth, exchange listings and data sources
- Name: The Bank of New York Mellon Corporation
- Ticker: BK
- Exchange: NYSE
- Founded: 1784
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$45.761b
- Shares outstanding: 875.48m
- Website: https://www.bnymellon.com
Number of Employees
- The Bank of New York Mellon Corporation
- 240 Greenwich Street
- New York
- New York
- United States
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, Inves...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/11 04:47|
|End of Day Share Price||2021/05/10 00:00|
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.