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How to buy Bank of New York Mellon (BK) stocks in Canada

Learn how to easily invest in Bank of New York Mellon stocks.

Bank of New York Mellon is an asset management business based in the US. Bank of New York Mellon shares (BK.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $64.81 – an increase of 1.42% over the previous day. Bank of New York Mellon employs 52,000 staff and has a trailing 12-month revenue of around $17.6 billion.

How to buy shares in Bank of New York Mellon

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. BK in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Bank of New York Mellon's price performance, share price volatility, historical data and technicals.

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

Historical closes compared with the last close of $64.81

1 week (2024-07-18)3.38%
1 month (2024-06-26)8.85%
3 months (2024-04-25)13.07%
6 months (2024-01-25)17.13%
1 year (2023-07-26)43.58%
2 years (2022-07-26)51.14%
3 years (2021-07-26)29.13%
5 years (2019-07-25)36.16%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Bank of New York Mellon P/E ratio, PEG ratio and EBITDA.

Bank of New York Mellon's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Bank of New York Mellon's stocks trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Bank of New York Mellon's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7616. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

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

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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