BK - The Bank of New York Mellon Corporation

NYSE - NYSE Delayed Price. Currency in USD
45.16
-0.08 (-0.18%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close45.24
Open45.38
Bid44.89 x 4000
Ask45.51 x 800
Day's Range44.98 - 45.38
52 Week Range43.67 - 58.22
Volume3,904,241
Avg. Volume4,813,614
Market Cap43.241B
Beta (3Y Monthly)0.88
PE Ratio (TTM)11.64
EPS (TTM)3.88
Earnings DateJul 17, 2019
Forward Dividend & Yield1.12 (2.26%)
Ex-Dividend Date2019-04-26
1y Target Est50.64
  • 6 Warren Buffett Holdings Near 52-Week Lows
    GuruFocus.com21 hours ago

    6 Warren Buffett Holdings Near 52-Week Lows

    Market remains significantly overvalued ahead of Memorial Day

  • PR Newswire3 days ago

    BNY Mellon to Speak at the 2019 Deutsche Bank Global Financial Services Conference

    NEW YORK , May 22, 2019 /PRNewswire/ -- Charles W. Scharf, Chairman and Chief Executive Officer, and Michael Santomassimo , Chief Financial Officer, will speak at the 2019 Deutsche Bank Global Financial ...

  • BNY Mellon continues cuts
    American City Business Journals3 days ago

    BNY Mellon continues cuts

    Staff cuts continue at BNY Mellon’s Pittsburgh operations, historically home to the largest concentration of employees across the financial giant’s international footprint. BNY Mellon (NYSE:BK), which is based in New York, declined to divulge numbers.

  • Markit4 days ago

    See what the IHS Markit Score report has to say about Bank of New York Mellon Corp.

    Bank of New York Mellon Corp NYSE:BKView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for BK with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding BK totaled $12.12 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. BK credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Financial Times5 days ago

    KPMG faces record £12.5m fine for bungled bank reports

    British regulators have called for KPMG to be fined at least a record £12.5m for misconduct in its work for Bank of New York Mellon, dealing another heavy blow to the reputation of the Big Four accounting firm. The UK Financial Reporting Council, the audit industry’s watchdog, said at a London hearing on Tuesday the penalty would be justified because of the size of the US bank’s operations and the “truly exceptional” seriousness of the abuses.

  • PR Newswire5 days ago

    Ed Garden Steps Down from BNY Mellon Board of Directors

    NEW YORK, May 20, 2019 /PRNewswire/ -- BNY Mellon today announced that Ed Garden will step down from the Board of Directors in light of his new role as a member of the Board of Directors of Legg Mason. Mr. Garden has been a Director of BNY Mellon since December 2014. During that time, he has served as Chair of the Human Resources and Compensation Committee and as a member of the Risk Committee, the Finance Committee and the Corporate Governance, Nominating and Social Responsibility Committee.

  • TheStreet.com6 days ago

    Luckin Coffee Rises Sharply in Trading Debut

    rose sharply in its trading debut Friday on Nasdaq, well above the initial public offering price of $17. During trading Friday, the stock jumped 25.1% to $21.27 -- with the first trade for Luckin Coffee at $25 -- and then it closed up nearly 20% at $20.38. Established in 2017 and dubbed the "Starbucks of China," Luckin is the second-biggest coffee chain in China after Starbucks.

  • Why Is Bank of New York Mellon (BK) Down 3.9% Since Last Earnings Report?
    Zacks8 days ago

    Why Is Bank of New York Mellon (BK) Down 3.9% Since Last Earnings Report?

    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.

  • Moving Average Crossover Alert: Bank of New York Mellon
    Zacks8 days ago

    Moving Average Crossover Alert: Bank of New York Mellon

    The Bank of New York Mellon Corporation (BK) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Exclusive: Banks to invest around $50 million in digital cash settlement project - sources
    Reuters9 days ago

    Exclusive: Banks to invest around $50 million in digital cash settlement project - sources

    Several of the world's largest banks are in the process of investing around $50 million to create a digital cash system using blockchain technology to settle financial transactions, according to people familiar with the plans. The previously disclosed project, known as the "utility settlement coin," was first proposed by Swiss bank UBS Group AG and London-based technology startup Clearmatics in 2015. It aims to develop a system to make clearing and settlement in financial markets more efficient.

  • Why The Bank of New York Mellon Corporation (NYSE:BK) Is A Dividend Rockstar
    Simply Wall St.9 days ago

    Why The Bank of New York Mellon Corporation (NYSE:BK) Is A Dividend Rockstar

    Dividend paying stocks like The Bank of New York Mellon Corporation (NYSE:BK) tend to be popular with investors, and...

  • BNY Mellon Head of Digital Roman Regelman to Speak at the MIT Sloan CIO Symposium
    PR Newswire9 days ago

    BNY Mellon Head of Digital Roman Regelman to Speak at the MIT Sloan CIO Symposium

    Regelman to Discuss Digital Innovation at the Nation's Premier CIO Conference NEW YORK , May 16, 2019 /PRNewswire/ -- BNY Mellon today announced that Roman Regelman , Head of Digital, will be one of an ...

  • PR Newswire10 days ago

    Median Total Master Trust Return Rebounds to Positive Territory in Q1 2019 After Negative Q4 According to BNY Mellon U.S. Master Trust Universe/BNY Mellon Asset Strategy View®

    In a reversal from Q4 Equity Markets outperformed with Real Estate returns lagging other asset classes NEW YORK , May 15, 2019 /PRNewswire/ -- The BNY Mellon U.S. Master Trust Universe returned a median ...

  • PR Newswire11 days ago

    BNY Mellon's Pershing Reimagines INSITE, Its Flagship Event, Announces 2019 Agenda

    Alan Mulally, former president and CEO of Ford Motor Company, will deliver opening keynote; Steve Nash, an 8-time NBA All-Star, will deliver closing remarks JERSEY CITY, N.J. , May 14, 2019 /PRNewswire/ ...

  • PR Newswire16 days ago

    BNY Mellon to Report Second Quarter 2019 Results on July 17, 2019

    NEW YORK , May 9, 2019 /PRNewswire/ -- BNY Mellon will report financial results for the second quarter 2019 on Wednesday, July 17, 2019 . Materials will be posted to BNY Mellon's website at approximately ...

  • Moody's16 days ago

    Hospital for Special Surgery, NY, GNMA Collateralized Taxable Revenue Bonds (Hospital for Special Surgery Project), Series 2011, $64.965MM -- Moody's withdraws ratings on Hospital for Special Surgery's (NY) GNMA Collateralized Taxable Revenue Bonds, Series 2011 and Series 2015; bonds fully defeased or redeemed

    Moody's Investors Service has withdrawn the ratings on Hospital for Special Surgery's (NY) GNMA Collateralized Taxable Revenue Bonds, Series 2011 and Series 2015. GNMA Collateralized Taxable Revenue Bonds (Hospital for Special Surgery Project), Series 2011, maturing January 20, 2023, were defeased and will be optionally redeemed on July 20, 2021 (withdrawn on 11/02/2018). GNMA Collateralized Taxable Revenue Bonds, Series 2015, maturing December 20, 2031, were defeased and will be optionally redeemed on June 20, 2022 (withdrawn on 05/03/2019).

  • BNY Mellon Names Subhankar Sinha as Head of Blockchain
    PR Newswire16 days ago

    BNY Mellon Names Subhankar Sinha as Head of Blockchain

    NEW YORK , May 9, 2019 /PRNewswire/ -- BNY Mellon today announced that it has appointed Subhankar Sinha as Head of Blockchain, who will be the latest addition to the firm's growing Digital team. Sinha ...

  • PR Newswire17 days ago

    BNY Mellon's Pershing appoints James ('Jim') T. Crowley Chief Executive Officer; Lisa Dolly is appointed Chairman of Pershing Group LLC as part of leadership transition

    NEW YORK, May 8, 2019 /PRNewswire/ -- BNY Mellon has appointed James ('Jim') T. Crowley as Chief Executive Officer of BNY Mellon's Pershing ('Pershing'), effective July 1, 2019. Mr. Crowley, currently Pershing's Chief Operating Officer, will report to Todd Gibbons, Vice Chairman and Chief Executive Officer, Clearing, Markets and Client Management.  He will join BNY Mellon's Executive Committee. During his career at Pershing, Crowley has worked in various operating areas, including a role on the floor of the New York Stock Exchange before leading marketing and business development.

  • PR Newswire17 days ago

    BNY Mellon Asset Servicing Selected as the Custodian of Microsoft's Treasury Group

    NEW YORK, May 8, 2019 /PRNewswire/ -- BNY Mellon today announced that the Microsoft Corporation (Microsoft) has selected BNY Mellon as global custodian for its Treasury, which manages $130 billion in assets. The transition, which was completed in November, marks the first time in almost a decade that Microsoft has changed custodian. As its new custodian, BNY Mellon will offer a complex cross-business bundle of services, including: custody, collateral management, performance measurement and liquidity services—all of which will target Microsoft's corporate cash portfolio needs.

  • BNY Mellon and AcadiaSoft Team Up to Solve Last Piece of Collateral Puzzle
    PR Newswire18 days ago

    BNY Mellon and AcadiaSoft Team Up to Solve Last Piece of Collateral Puzzle

    NEW YORK, May 7, 2019 /PRNewswire/ -- Buy-side derivatives market participants are now able to fully outsource their entire non-cleared margin workflow, via the market's first end-to-end collateral solution developed by BNY Mellon. Going forward, clients can access AcadiaSoft's Initial Margin (IM) Risk Suite of low-touch tools for margin calculation, reconciliation and messaging as part of BNY Mellon's collateral service offering. This collaboration, in conjunction with BNY Mellon's existing bilateral margin capabilities from post-trade and settlement through to collateral segregation and ongoing position monitoring, enables clients to meet their obligations under Phases 4 and 5 of the non-cleared margin rules, all in one place.

  • Reuters23 days ago

    Brazil's Bolsonaro faces backlash as sponsors ditch NY gala dinner

    Delta Air Lines, The Financial Times and Bain & Co have pulled out of an event in New York honoring Brazilian President Jair Bolsonaro, the firms said on Thursday, as the South American leader faces blowback for racist and homophobic comments. Bolsonaro is due to be honored as the 2019 Person of the Year at the Brazilian-American Chamber of Commerce dinner. The gala, which already had to move from its original venue at New York's American Museum of Natural History after the museum decided not to host, is sponsored by various blue-chip firms, which have come under pressure to ditch their support of the event.

  • PR Newswire23 days ago

    BNY Mellon to Speak at the 2019 Barclays Americas Select Franchise Conference

    NEW YORK , May 2, 2019 /PRNewswire/ -- Michael Santomassimo , Chief Financial Officer, and Hani Kablawi, Chief Executive Officer of Global Asset Servicing and Chairman of Europe , Middle East and Africa ...

  • PR Newswire25 days ago

    Creating a better client experience is the highest priority for the nation's premier advisory firms: The 2019 Elite Advisor Poll

    JERSEY CITY, N.J., April 30, 2019 /PRNewswire/ -- Leaders of some of the nation's largest advisory firms attending the 2019 Elite Advisor Summit held by BNY Mellon's Pershing ("Pershing") last month underscored how technology continues to be both a strategic business imperative and a primary business challenge. In fact, implementing new technologies or solutions to meet client needs was viewed as the biggest challenge to business by 37 percent of advisory firm executives responding to the 2019 Elite Advisor Poll conducted at the Summit—second only to hiring and developing talent, which 41 percent of executives deemed to be their biggest challenge. "As firms allocate a growing portion of their budgets to technology, a significant number of them are still challenged with reaping the desired returns from these investments," said Christina Townsend, director of advisor platform strategy at BNY Mellon's Pershing.