BK - The Bank of New York Mellon Corporation
| Previous Close | 43.56 |
| Open | 43.60 |
| Bid | 43.05 x 1800 |
| Ask | 43.06 x 800 |
| Day's Range | 42.97 - 43.60 |
| 52 Week Range | 42.13 - 55.70 |
| Volume | 2,647,269 |
| Avg. Volume | 5,399,156 |
| Market Cap | 41.212B |
| Beta (3Y Monthly) | 0.98 |
| PE Ratio (TTM) | 11.10 |
| EPS (TTM) | 3.88 |
| Earnings Date | Jul 17, 2019 |
| Forward Dividend & Yield | 1.12 (2.57%) |
| Ex-Dividend Date | 2019-04-26 |
| 1y Target Est | 47.97 |
- Zacks•6 hours ago
Low Rates, Muted Lending to Hurt BNY Mellon's (BK) Q2 Earnings
BNY Mellon's (BK) net interest revenues are likely to be hurt in the second quarter of 2019 because of dismal lending scenario.
- GuruFocus.com•17 hours ago
52-Week Company Lows
Details the 52-week lows for the following companies: Bristol-Myers Squibb, Simon Property Group, Bank of New York Mellon, Carnival Corp., State Street, and Kroger. Continue reading...
- PR Newswire•4 days ago
Jolen Anderson Joins BNY Mellon as Global Head of Human Resources
NEW YORK, July 11, 2019 /PRNewswire/ -- BNY Mellon has appointed Jolen Anderson as Global Head of Human Resources. Ms. Anderson will join the company on September 2, 2019, reporting to Chairman and Chief Executive Officer, Charles W. Scharf, and will be a member of the firm's Executive Committee. "I have known and worked closely with Jolen for several years and am thrilled to attract someone with her incredible experience to BNY Mellon. She is a versatile leader who has demonstrated a commitment and passion for building talent in a global organization. Her experience with developing a high-performance culture linked to business success will serve our organization well as we continue to grow and evolve our business," said Mr. Scharf.
- Zacks•5 days ago
Earnings Preview: Bank of New York Mellon (BK) Q2 Earnings Expected to Decline
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.
- Moody's•6 days ago
Silk Road Finance Number Five PLC -- Moody's assigns definitive rating to notes issued by Silk Road Finance Number Five PLC
The portfolio backing this transaction consists of UK prime residential loans originated by The Co-operative Bank plc. B1(cr)/NP(cr)) sold the portfolio of Platform branded mortgages to Silk Road Finance Number Five PLC (the "Issuer"). The rating takes into account the credit quality of the underlying mortgage loan pool, from which Moody's determined the MILAN Credit Enhancement and the portfolio expected loss, as well as the transaction structure and legal considerations.
- Simply Wall St.•6 days ago
Can We See Significant Institutional Ownership On The The Bank of New York Mellon Corporation (NYSE:BK) Share Register?
If you want to know who really controls The Bank of New York Mellon Corporation (NYSE:BK), then you'll have to look at...
- Markit•6 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 positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for BK with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BK. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.93 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 sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. Credit worthinessCredit default swap | PositiveThe 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.
- GuruFocus.com•7 days ago
3 Large-Cap Stocks With High Earnings Yields
Lloyds Banking Group tops the list
- Zacks•11 days ago
Jefferies (JEF) Stock Up 6.4% as Q2 Earnings Beat Estimates
Jefferies (JEF) witnesses higher revenues in the three months ended May 31, 2019. However, higher expenses hurt results to some extent.
- Zacks•11 days ago
Weak Data Could Hasten Rate Cut: Can Banks Cope?
Banks, which have emerged creditably from stress tests, are expected to feel the pinch since lower rates weigh on net interest margins.
- Zacks•17 days ago
3 Mutual Funds to Benefit From Stress Test Results
Fed conducts a review of these banks under hypothetically created financial crises and recessions.
- PR Newswire•18 days ago
BNY Mellon Announces Intention to Increase Quarterly Common Stock Dividend by 11% to $0.31 per Share and to Repurchase up to $3.94 Billion of Common Stock
NEW YORK, June 27, 2019 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, today announced that the company's board of directors has approved the repurchase of up to $3.94 billion of its common stock starting in the third quarter of 2019 and continuing through the second quarter of 2020, an increase of approximately 20% versus the prior four quarter period. The company also intends to increase BNY Mellon's quarterly cash dividend on common stock by approximately 11% from $0.28 to $0.31 per share, commencing as early as the third quarter of 2019, subject to board approval. "We are pleased to announce our intention to increase our dividend and significantly increase our share buyback program. We remain committed to maintaining strong capital ratios while delivering a substantial amount of capital back to shareholders. We continue to focus on improving the way we operate to better serve our clients, investing for growth and we remain confident in our future," said Charlie Scharf, chairman and chief executive officer of BNY Mellon.
- Moody's•18 days ago
Chesham Finance Limited / Chesham Finance LLC - Series VII -- Moody's Assigns Ratings of Prime-1 (sf) to Chesham Finance Limited / Chesham Finance LLC - Series VII
Chesham is an existing programme arranged by BSN Holdings Limited ("BSN") and administered by The Bank of New York Mellon, London Branch ("Bank of New York Mellon"). As at June 2019, Chesham had total outstanding CP in issuance (including all series) of $7.68bn.
- Investopedia•20 days ago
These Stocks are Getting Crushed for Missing Profit Forecasts
Companies missing earnings forecasts for the first quarter are seeing there shares decline more than normal.
- Investopedia•20 days ago
How Bank of New York Mellon Makes Money (BNY) (BK)
With a centuries old history, BNY Mellon can still attract and retain its clients the old fashioned way while growing this company to gigantic proportions.
- Investopedia•20 days ago
3 Bank Stocks Set to Win Big From New Financial Rules
In March 2008, Bear Stearns nearly collapsed. Then the financial crisis happened. Then financial regulation was heightened. A decade later, and the Senate Banking Committee is already trying to relax those very same regulations with a new bill that is headed to the Senate for a vote.
- GuruFocus.com•26 days ago
2 Warren Buffett Stocks Tumble to 52-Week Lows
Buffett-approved stocks at lower-than-Buffett's prices
- PR Newswire•27 days ago
BNY Mellon now live with cleared securities lending for clients
NEW YORK, June 18, 2019 /PRNewswire/ -- BNY Mellon has become the first agent lender to centrally clear a securities lending transaction on behalf of a buy-side client through Eurex Clearing's Lending CCP platform. The trade, which was executed by BNY Mellon on behalf of an insurance company client, originally faced Morgan Stanley as counterparty, and ultimately cleared with Eurex Clearing, a central counterparty (CCP).
- Moody's•last month
Wells Fargo Commercial Mortgage Trust 2016-C33 -- Moody's affirms seven classes of WFCM 2016-C33
Rating Action: Moody's affirms seven classes of WFCM 2016- C33. Global Credit Research- 14 Jun 2019. Approximately $531 million of structured securities affected.
- Yahoo Finance Video•17 days ago
Banks passing Fed stress test signals 'mark of confidence' in financial sector
All 18 Wall Street banks cleared the second round of the Federal Reserve's stress test. Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Rick Newman discuss how the stress test has evolved over time and what it means for banks today.
