BK - The Bank of New York Mellon Corporation
| Previous Close | 52.66 |
| Open | 52.27 |
| Bid | 52.700 x 800 |
| Ask | 52.710 x 800 |
| Day's Range | 52.21 - 52.87 |
| 52 Week Range | 43.67 - 58.67 |
| Volume | 2,392,389 |
| Avg. Volume | 6,635,098 |
| Market Cap | 50.667B |
| Beta (3Y Monthly) | 0.94 |
| PE Ratio (TTM) | 12.32 |
| EPS (TTM) | 4.282 |
| Earnings Date | Apr 17, 2019 - Apr 22, 2019 |
| Forward Dividend & Yield | 1.12 (2.17%) |
| Ex-Dividend Date | 2018-10-29 |
| 1y Target Est | 53.11 |
- Markit•4 hours 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:BK View full report here! ## Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding BK totaled $861 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. BK credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness. 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.
- Zacks•6 hours ago
The Zacks Analyst Blog Highlights: Bank of America, Merck, Netflix, IBM and The Bank of New York Mellon
The Zacks Analyst Blog Highlights: Bank of America, Merck, Netflix, IBM and The Bank of New York Mellon
- Zacks•9 hours ago
BNY Mellon's (BK) Q4 Earnings Beat Estimates, Expenses Down (Revised)
BNY Mellon (BK) reports improved revenues and lower expenses.
- Zacks•yesterday
Top Analyst Reports for Bank of America, Merck & Netflix
Top Analyst Reports for Bank of America, Merck & Netflix
- Thomson Reuters StreetEvents•4 days ago
Edited Transcript of BK earnings conference call or presentation 16-Jan-19 1:00pm GMT
Q4 2018 Bank of New York Mellon Corp Earnings Call
- Markit•5 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:BK View full report here! ## Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $4.25 billion over the last one-month into ETFs that hold BK are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. BK credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness. 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.
- Zacks•6 days ago
BNY-Mellon (BK) Q4 Earnings Beat Estimates, Revenues Decline
Despite lower revenues, BNY Mellon's (BK) Q4 earnings beat estimates.
- Zacks•6 days ago
Import/Exports & Lots of Q4 Results
Imports and Exports feel the trade war pinch, but top financial institutions have made the most of their respective fourth quarters.
- American City Business Journals•6 days ago
Report: BNY Mellon to cut workforce in Pittsburgh, more layoffs could be coming
Bank of New York Mellon reportedly cut members of its workforce in Pittsburgh on Monday and more cuts could be on the way. According to a report in the Pittsburgh Post-Gazette, the company cut 400 jobs worldwide and 100 in the region. A spokeswoman for BNY Mellon declined to comment to the Post-Gazette on the size of the cuts or whether more were on the horizon.
- Reuters•6 days ago
BNY Mellon quarterly profit falls 26 percent
Bank of New York Mellon Corp on Wednesday reported a 26 percent fall in fourth-quarter profit from last year when it benefited from a one-time gain due to a change in U.S. tax laws. The world's largest ...
- PR Newswire•6 days ago
BNY Mellon Declares Dividends
NEW YORK , Jan. 16, 2019 /PRNewswire/ -- The Bank of New York Mellon Corporation today announced that its Board of Directors authorized dividends on its common and preferred stock as follows: Common – ...
- PR Newswire•6 days ago
BNY Mellon Reports Fourth Quarter 2018 Earnings Of $832 Million Or $0.84 Per Common Share
NEW YORK , Jan. 16, 2019 /PRNewswire/ -- Revenue up 7%; down 1% excluding notable items (a) EPS down 22%; up 9% excluding notable items (a) ROE 9% ROTCE 18% (a) CET1 10.6% SLR 6.0% The Bank of New ...
- Markit•7 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:BK View full report here! ## Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.03 billion over the last one-month into ETFs that hold BK are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Neutral The 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.
- PR Newswire•8 days ago
Near-Term Pessimism Driving Markets, But Many Ingredients For A Rally Still Present
KING OF PRUSSIA, Pa., Jan. 14, 2019 /PRNewswire/ -- Markets have discounted a great deal of future slowdown driven by the many political and economic factors weighing on stocks over the past month, according to the Investment Insights issued today by BNY Mellon's Lockwood Advisors, Inc. (Lockwood). Since the fourth quarter, investors have not put much stock in economic forecasts, fundamentals and valuations, according to the report. "Markets were rattled by politics in the fourth quarter, with concerns over global growth, central bank tightening, trade disputes, uncertainty around Brexit, and plummeting oil prices among the factors that weighed on investor sentiment," said Matthew Forester, chief investment officer at BNY Mellon's Lockwood Advisors and the author of the report.
- PR Newswire•8 days ago
BNY Mellon Wealth Management Names Ray LaDieu as Senior Wealth Director in Dallas, Texas
DALLAS , Jan. 14, 2019 /PRNewswire/ -- BNY Mellon Wealth Management has named Ray LaDieu as a Senior Wealth Director in Dallas, Texas . LaDieu will be responsible for helping high net worth families ...
- Zacks•8 days ago
The Zacks Analyst Blog Highlights: Boston Scientific, Southern, BNY, Schlumberger and Southwest
The Zacks Analyst Blog Highlights: Boston Scientific, Southern, BNY, Schlumberger and Southwest
- Yahoo Finance•9 days ago
Banks hope to shake off concerns over a global recession in earnings
Large cap banks, hobbled in equity markets by concerns over a looming recession, are set to report fourth quarter earnings this week.
- Zacks•11 days ago
Top Analyst Reports for Boston Scientific, Southern Company & BNY Mellon
Top Analyst Reports for Boston Scientific, Southern Company & BNY Mellon
- Zacks•11 days ago
Why is Earnings Beat Less Likely for BNY Mellon (BK) in Q4?
While higher rates, along with modest loan growth, are expected to positively impact BNY Mellon's (BK) net interest revenues in the fourth quarter, fee revenues are likely to decline.
- Reuters•11 days ago
Exclusive: Goldman Sachs on course to launch cash management in mid-2020
NEW YORK/HONG KONG (Reuters) - Goldman Sachs Group Inc (GS.N) is considering paying big multinational corporations more for their deposits than other banks as it paves the way for its entry into a mundane but prized business: managing cash. The global investment banking powerhouse and fifth-largest U.S. bank, which is six months into building the required technology, aims to start the service in the first half of 2020, according to two people familiar with the plan. The bank, which will earn fees and gain a captive client base for its foreign exchange business, could offer existing corporate clients more on deposits if they sign up for Goldman's cash management services, a person familiar with the plan told Reuters.
- Zacks•13 days ago
Bank of New York Mellon (BK) Reports Next Week: Wall Street Expects Earnings Growth
Bank of New York Mellon (BK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Markit•13 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:BK View full report here! ## Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding BK is favorable, with net inflows of $16.39 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. BK credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness. 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.
- Zacks•15 days ago
Can Bank of New York Mellon (BK) Keep the Earnings Surprise Streak Alive?
Bank of New York Mellon (BK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
