How to buy The Bank of New York Mellon Corporation stock | $51.5

The Bank of New York Mellon Corporation is an asset management business based in the US. The Bank of New York Mellon Corporation shares (BK) are listed on the NYSE and all prices are listed in US Dollars. The Bank of New York Mellon Corporation employs 48,800 staff and has a trailing 12-month revenue of around 0.00.

The Bank of New York Mellon Corporation stock price (NYSE: BK)

Use our graph to track the performance of BK stocks over time.

The Bank of New York Mellon Corporation shares at a glance

• Key figures

Information last updated 2021-09-18.

Latest market close	$51.50
52-week range	$31.55 - $56.64
50-day moving average	$53.42
200-day moving average	$50.18
Wall St. target price	$56.44
PE ratio	13.2273
Dividend yield	$1.24 (2.41%)
Earnings per share (TTM)	$3.87

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Is it a good time to buy The Bank of New York Mellon Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

The Bank of New York Mellon Corporation price performance over time

Historical closes compared with the close of $51.5 from 2021-09-23

1 week (2021-09-17)	0.68%
1 month (2021-08-24)	-5.56%
3 months (2021-06-24)	2.49%
6 months (2021-03-24)	13.81%

1 year (2020-09-24)	55.40%
2 years (2019-09-24)	11.35%
3 years (2018-09-24)	52.37
5 years (2016-09-23)	28.11%

Is The Bank of New York Mellon Corporation under- or over-valued?

Valuing The Bank of New York Mellon Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The Bank of New York Mellon Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

The Bank of New York Mellon Corporation's P/E ratio

The Bank of New York Mellon Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, The Bank of New York Mellon Corporation shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

The Bank of New York Mellon Corporation's PEG ratio

The Bank of New York Mellon Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5399. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into The Bank of New York Mellon Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

The Bank of New York Mellon Corporation financials

Revenue TTM	$15.7 billion
Operating margin TTM	29.12%
Gross profit TTM	$15.5 billion
Return on assets TTM	0.8%
Return on equity TTM	8.15%
Profit margin	23.14%
Book value	$47.20
Market capitalisation	$44.2 billion

TTM: trailing 12 months

Shorting The Bank of New York Mellon Corporation shares

There are currently 11.9 million The Bank of New York Mellon Corporation shares held short by investors – that's known as The Bank of New York Mellon Corporation's "short interest". This figure is 38.9% up from 8.6 million last month.

There are a few different ways that this level of interest in shorting The Bank of New York Mellon Corporation shares can be evaluated.

The Bank of New York Mellon Corporation's "short interest ratio" (SIR)

The Bank of New York Mellon Corporation's "short interest ratio" (SIR) is the quantity of The Bank of New York Mellon Corporation shares currently shorted divided by the average quantity of The Bank of New York Mellon Corporation shares traded daily (recently around 4.5 million). The Bank of New York Mellon Corporation's SIR currently stands at 2.63. In other words for every 100,000 The Bank of New York Mellon Corporation shares traded daily on the market, roughly 2630 shares are currently held short.

However The Bank of New York Mellon Corporation's short interest can also be evaluated against the total number of The Bank of New York Mellon Corporation shares, or, against the total number of tradable The Bank of New York Mellon Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case The Bank of New York Mellon Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 The Bank of New York Mellon Corporation shares in existence, roughly 10 shares are currently held short) or 0.0138% of the tradable shares (for every 100,000 tradable The Bank of New York Mellon Corporation shares, roughly 14 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against The Bank of New York Mellon Corporation.

Find out more about how you can short The Bank of New York Mellon Corporation stock.

The Bank of New York Mellon Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like The Bank of New York Mellon Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

The Bank of New York Mellon Corporation's total ESG risk score

Total ESG risk: 26.6

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and The Bank of New York Mellon Corporation's overall score of 26.6 (as at 12/31/2018) is pretty good – landing it in it in the 36th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like The Bank of New York Mellon Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

The Bank of New York Mellon Corporation's environmental score

Environmental score: 8.02/100

The Bank of New York Mellon Corporation's environmental score of 8.02 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that The Bank of New York Mellon Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

The Bank of New York Mellon Corporation's social score

Social score: 14.83/100

The Bank of New York Mellon Corporation's social score of 14.83 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that The Bank of New York Mellon Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

The Bank of New York Mellon Corporation's governance score

Governance score: 15.75/100

The Bank of New York Mellon Corporation's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that The Bank of New York Mellon Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

The Bank of New York Mellon Corporation's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. The Bank of New York Mellon Corporation scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that The Bank of New York Mellon Corporation hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

The Bank of New York Mellon Corporation was last rated for ESG on: 2019-01-01.

Total ESG score	26.6
Total ESG percentile	35.78
Environmental score	8.02
Environmental score percentile	7
Social score	14.83
Social score percentile	7
Governance score	15.75
Governance score percentile	7
Level of controversy	3

The Bank of New York Mellon Corporation share dividends

Dividend payout ratio: 31.44% of net profits

Recently The Bank of New York Mellon Corporation has paid out, on average, around 31.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.66% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), The Bank of New York Mellon Corporation shareholders could enjoy a 2.66% return on their shares, in the form of dividend payments. In The Bank of New York Mellon Corporation's case, that would currently equate to about $1.24 per share.

While The Bank of New York Mellon Corporation's payout ratio might seem fairly standard, it's worth remembering that The Bank of New York Mellon Corporation may be investing much of the rest of its net profits in future growth.

The Bank of New York Mellon Corporation's most recent dividend payout was on 8 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 July 2021 (the "ex-dividend date").

Have The Bank of New York Mellon Corporation's shares ever split?

The Bank of New York Mellon Corporation's shares were split on a 9434:10000 basis on 1 July 2007. So if you had owned 10000 shares the day before before the split, the next day you'd have owned 9434 shares. This wouldn't directly have changed the overall worth of your The Bank of New York Mellon Corporation shares – just the quantity. However, indirectly, the new 6% higher share price could have impacted the market appetite for The Bank of New York Mellon Corporation shares which in turn could have impacted The Bank of New York Mellon Corporation's share price.

The Bank of New York Mellon Corporation share price volatility

Over the last 12 months, The Bank of New York Mellon Corporation's shares have ranged in value from as little as $31.5466 up to $56.64. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while The Bank of New York Mellon Corporation's is 1.0852. This would suggest that The Bank of New York Mellon Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

The Bank of New York Mellon Corporation overview

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, Investment and Wealth Management, and Other. The Investment Service segment offers custody, trust and depositary, accounting, exchange-traded funds services, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, brokerage and data analytics, clearing, investment, wealth and retirement solutions, technology and enterprise data management, trading, corporate trust, depositary receipts, payments, foreign exchange, liquidity management, receivables processing and payables management, trade finance and processing, collateral management, and tri-party services. The Investment and Wealth Management segment provides diversified investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit activities. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.

Frequently asked questions

What percentage of The Bank of New York Mellon Corporation is owned by insiders or institutions?
Currently 0.257% of The Bank of New York Mellon Corporation shares are held by insiders and 85.095% by institutions. How many people work for The Bank of New York Mellon Corporation?
Latest data suggests 48,800 work at The Bank of New York Mellon Corporation. When does the fiscal year end for The Bank of New York Mellon Corporation?
The Bank of New York Mellon Corporation's fiscal year ends in December. Where is The Bank of New York Mellon Corporation based?
The Bank of New York Mellon Corporation's address is: 240 Greenwich Street, New York, NY, United States, 10286 What is The Bank of New York Mellon Corporation's ISIN number?
The Bank of New York Mellon Corporation's international securities identification number is: US0640581007 What is The Bank of New York Mellon Corporation's CUSIP number?
The Bank of New York Mellon Corporation's Committee on Uniform Securities Identification Procedures number is: 064057102