BK - The Bank of New York Mellon Corporation

NYSE - NYSE Delayed Price. Currency in USD
48.67
+0.58 (+1.21%)
At close: 4:01PM EST
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Previous Close48.09
Open47.59
Bid48.30 x 2200
Ask51.61 x 1400
Day's Range47.58 - 49.00
52 Week Range45.16 - 58.99
Volume9,624,204
Avg. Volume6,097,910
Market Cap48.124B
Beta (3Y Monthly)0.99
PE Ratio (TTM)11.37
EPS (TTM)4.28
Earnings DateJan 16, 2019
Forward Dividend & Yield1.12 (2.33%)
Ex-Dividend Date2018-10-29
1y Target Est54.61
Trade prices are not sourced from all markets
  • PR Newswire2 days ago

    BNY Mellon to Report Fourth Quarter 2018 Results on January 16, 2019

    NEW YORK , Dec. 14, 2018 /PRNewswire/ -- BNY Mellon will report financial results for the fourth quarter 2018 on Wednesday, January 16, 2019 . Materials will be posted to BNY Mellon's website at approximately ...

  • Financial Times2 days ago

    [$$] BNY Mellon shelves new London office search ahead of Brexit

    BNY Mellon has shelved plans to move to a new headquarters in London and will instead extend the lease on its current office as it opts for a softer commitment in the run-up to Brexit. The US bank had spent the past year drawing up a shortlist of possible new flagship London buildings, including one in Canary Wharf, London’s eastern financial district, as preparation for a potential move in the early 2020s. A lease extension would represent a shorter, potentially less expensive commitment than a deal to lease a new headquarters building, which would also incur relocation and fit-out costs.

  • PR Newswire4 days ago

    Independent Financial Partners Selects Albridge Wealth Reporting for Its Advisors

    PENNINGTON, N.J., Dec. 12, 2018 /PRNewswire/ -- BNY Mellon's Albridge, an affiliate of Pershing and a leading provider of enterprise data management solutions, today announced that it has been selected by Independent Financial Partners (IFP), a multi-custodial RIA and soon-to-be broker-dealer that specializes in wealth management and retirement plan consulting, to provide wealth reporting to its approximately 500 advisors nationwide. The agreement will provide IFP's advisors access to Albridge Wealth Reporting®, Albridge's award-winning, innovative solution that allows advisors to present a complete view of all client assets—even those held away.

  • PR Newswire5 days ago

    BNY Mellon Announces New Enhancements to its ETF Order Capabilities

    NEW YORK , Dec. 11, 2018 /PRNewswire/ -- BNY Mellon today announced an expansion of its real-time electronic messaging service for ETF order taking.  This enhancement is part of an ongoing strategic effort ...

  • Zacks5 days ago

    BNY Mellon Rewards Shareholders With More Share Buybacks

    BNY Mellon's (BK) plan to reward shareholders with additional share repurchases reflect strong fundamentals and solid liquidity position.

  • PR Newswire5 days ago

    BNY Mellon Announces $830 Million Increase to Common Stock Share Repurchase Program

    NEW YORK, Dec. 10, 2018 /PRNewswire/ -- BNY Mellon today announced that it has received approval from the Federal Reserve and its Board of Directors to immediately increase its repurchase program of common stock by up to an additional $830 million through the second quarter of 2019.  These repurchases are in addition to the company's repurchase of $2.4 billion of common stock previously announced on June 28, 2018. BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.

  • PR Newswire6 days ago

    BNY Mellon Appointed to Upgrade Suzano Depositary Receipts Program to New York Stock Exchange Listing

    NEW YORK, Dec. 10, 2018 /PRNewswire/ -- BNY has announced that it has been appointed by Suzano Papel e Celulose SA (Suzano) to upgrade its current Level I American Depositary Receipt (ADR) program, traded over the counter, to a Level II program to be traded on the New York Stock Exchange (NYSE). The upgraded program will be listed under the symbol SUZ, effective today, with each ADR representing two ordinary shares. Suzano's ordinary shares are listed on the São Paulo Stock Exchange.

  • Thomson Reuters StreetEvents6 days ago

    Edited Transcript of BK earnings conference call or presentation 19-Jul-18 12:00pm GMT

    Q2 2018 Bank of New York Mellon Corp Earnings Call

  • Financial Times6 days ago

    [$$] Brexit is a test like no other for currency traders

    This is hardly the first time in the past 30 years that the foreign exchange market has had to deal with potential shocks — both positive and negative — for the pound. Probably the best example of this is the run-up to Black Wednesday in 1992 when the question was simply whether or not the Bank of England would be able to defend sterling’s position in the European Exchange Rate Mechanism. A more recent example of the currency market grappling with a situation with a small number of potential outcomes for the UK is 2010, when investors were faced with uncertainty over the composition of a coalition government in the aftermath of an indecisive general election.

  • MarketWatch8 days ago

    Former regulator pushing challenge that could lead to Volcker rule exemption for big banks

    A former federal banking regulator is pushing lenders to look into challenging the interpretation of a new law in such a way as to limit the application of the Volcker Rule to all the six largest banks in the country, Yahoo Finance reported. The report said Keith Noreika, previously the acting Comptroller of the Currency, is pushing banks to look into taking the issue to court. The text of what's popularly called the Crapo bill, designed to apply to community banks, has a number of double negatives that cloud the meaning of the bill. If successfully challenged, large banks such as US Bancorp , PNC Financial Services , Capital One Financial and Bank of New York Mellon would be freed of the Volcker Rule that limits proprietary trading.

  • Congress may have accidentally freed nearly all banks from the Volcker Rule
    Yahoo Finance8 days ago

    Congress may have accidentally freed nearly all banks from the Volcker Rule

    Ambiguous legal text could free some of the largest U.S. banks from a post-crisis bank regulation known as the Volcker rule.

  • Vestwell and BNY Mellon Collaborate to Tackle State-Mandated IRA Programs Nationwide
    PR Newswire11 days ago

    Vestwell and BNY Mellon Collaborate to Tackle State-Mandated IRA Programs Nationwide

    NEW YORK , Dec. 5, 2018 /PRNewswire/ --  Vestwell , a digital retirement platform, today announced a strategic relationship with BNY Mellon , the largest custodian in the world and global leader in investment ...

  • Is The Bank of New York Mellon Corporation (NYSE:BK) Going to Burn These Hedge Funds?
    Insider Monkey13 days ago

    Is The Bank of New York Mellon Corporation (NYSE:BK) Going to Burn These Hedge Funds?

    Is The Bank of New York Mellon Corporation (NYSE:BK) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put […]

  • Investors Expect a Big Monday for Currencies and Stocks
    Bloomberg13 days ago

    Investors Expect a Big Monday for Currencies and Stocks

    The Mexican peso and South African rand led a rally in emerging-market currencies.S&P 500 index futures jumped as much as 1.8 percent in Asia.Havens such as the yen slipped and the greenback was lower against most of its large developed-market counterparts. Treasury 10-year futures fell 7/32 to 119 7/32.U.S. President Donald Trump and Chinese President Xi Jinping promised to halt any new tariffs for 90 days as the countries continue negotiations. The U.S. had been scheduled to push ahead on Jan. 1 with increased tariffs on $200 billion worth of Chinese goods, but that’s been paused following the highly anticipated meeting between the two leaders on the sidelines of the Group-of-20 summit.

  • GuruFocus.com15 days ago

    Mario Gabelli's Gabelli Value 25 Fund 3rd Quarter Shareholder Letter

    For the quarter ended September 30, 2018, the net asset value ("NAV") per Class A Share of The Gabelli Value 25 Fund increased 5.3% compared with increases of 7.7% and 9.6% for the Standard & Poor's ("S&P") 500 Index and the Dow Jones Industrial Average, respectively. Warning! GuruFocus has detected 3 Warning Signs with HPQ. This good news was enough to overlook continued trade tensions, Federal Reserve-driven rising interest rates, and uncertainty around the midterm congressional elections.

  • Moody's16 days ago

    Amathea Funding Public Limited Company -- Moody's: Amathea Funding Public Limited Company ratings unaffected by proposed amendment

    Moody's Investors Service ("Moody's") announced today that the proposed transfer of all the rights and obligations of The Bank of New York Mellon, Brussels Branch, as Issuer Account Bank and VFN Issuer Account Bank, to The Bank of New York Mellon SA/NV, Dublin Branch (the "Amendment") would not, in and of itself and as of this time, result in the downgrade or withdrawal of the ratings of the notes issued by Amathea Funding Public Limited Company. Moody's has determined that the Amendment, in and of itself and at this time, will not result in the downgrade or withdrawal of the notes ratings currently assigned to Amathea Funding Public Limited Company. The principal methodology used in rating and monitoring of this transaction is described in the following publication, which can be found at www.moodys.com in the Rating Methodologies sub-directory under the Research & Ratings tab: "Moody's Approach to Rating Transactions Backed by Portfolios of Hedge Fund Investments" published in July 2015.

  • PR Newswire19 days ago

    SQM Frontier Management Selects BNY Mellon to Provide Custody Services

    BNY Mellon chosen based upon its unique expertise in offering prime custody and FX services NEW YORK , Nov. 27, 2018 /PRNewswire/ -- BNY Mellon has been chosen by SQM Frontier Management (SQM) to be its ...

  • PR Newswire19 days ago

    BNY Mellon to Speak at the 2018 Goldman Sachs U.S. Financial Services Conference

    NEW YORK , Nov. 27, 2018 /PRNewswire/ -- Charles W. Scharf, Chairman and Chief Executive Officer of BNY Mellon, and Michael Santomassimo , Chief Financial Officer of BNY Mellon, will speak at the 2018 ...

  • PR Newswire24 days ago

    Non-financial performance measurement is biggest hurdle for ESG investing

    LONDON, Nov. 22, 2018 /PRNewswire/ -- Measurability and comparability of non-financial performance remain the biggest hurdles to ESG investment growth, according to a report from BNY Mellon. In a new whitepaper, ESG Investing: Setting a Course for a Sustainable Future, BNY Mellon says that while ESG (environmental, social and governance) principles are gaining considerable momentum for all investors and their service providers, some critical elements of the new landscape are not in place.

  • Moody's26 days ago

    ELM B.V. Series 171 -- Moody's: No impact on the rating of the notes issued by ELM B.V. Series 171 as a result of the proposed appointment of a new principal paying agent

    Moody's Investors Service ("Moody's") announced today that the appointment of The Bank of New York Mellon, London Branch as Principal Paying Agent and the delegation by UBS AG, London Branch of the registrar functions to The Bank of New York Mellon, London Branch, will not, in and of itself and at this time, cause the current Moody's rating of the debt issued by ELM B.V. Series 171 to be reduced or withdrawn.

  • Bank of New York Mellon (BK) Up 3.4% Since Last Earnings Report: Can It Continue?
    Zacks29 days ago

    Bank of New York Mellon (BK) Up 3.4% Since Last Earnings Report: Can It Continue?

    Bank of New York Mellon (BK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • 5 Bank Stocks Investors Can Buy at a Massive Discount
    InvestorPlacelast month

    5 Bank Stocks Investors Can Buy at a Massive Discount

    Rising interest rates present a double-edged sword for bank stocks. The reduced number of loans has become one factor leading to stock price declines in the banking sector across the board. This has also led investors to adjust their positions in bank stocks.

  • Lester Owens Joins BNY Mellon as Head of Operations
    PR Newswirelast month

    Lester Owens Joins BNY Mellon as Head of Operations

    NEW YORK , Nov. 15, 2018 /PRNewswire/ -- BNY Mellon has appointed Lester Owens as Senior Executive Vice President and Head of Operations. Mr. Owens, who joins the company in February 2019 , will report ...

  • PR Newswirelast month

    Slovenian State-Owned Bank NLB Appoints BNY Mellon Depositary in Groundbreaking Slovenian Global Depositary Receipt Program to Trade on the London Stock Exchange

    NEW YORK , Nov. 14, 2018 /PRNewswire/ -- BNY Mellon has been appointed by Nova Ljubljanska bank d.d., Ljubljana (NLB) as the depositary bank for its Depositary Receipt program. The program will be denominated ...

  • Reuterslast month

    MOVES-BNY Mellon strengthens U.K. team with new hires

    BNY Mellon Investment Management, a unit of Bank of New York Mellon Corp, on Monday named Nick Thiem as head of U.K. wealth managers and private banks. Thiem joins BNY Mellon from Coupland Cardiff Asset ...