Bank of New York Mellon is an asset management business based in the US. Bank of New York Mellon shares (BK) are listed on the NYSE and all prices are listed in US Dollars. Bank of New York Mellon employs 52,000 staff and has a trailing 12-month revenue of around $17.6 billion.
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| Latest market close | $64.81 |
|---|---|
| 52-week range | $38.68 - $65.91 |
| 50-day moving average | $59.75 |
| 200-day moving average | $53.66 |
| Wall St. target price | $70.95 |
| PE ratio | 14.8555 |
| Dividend yield | $1.68 (3%) |
| Earnings per share (TTM) | $4.22 |
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.
Historical closes compared with the close of $64.81 from 2024-07-25
| 1 week (2024-07-19) | 3.38% |
|---|---|
| 1 month (2024-06-26) | 10.47% |
| 3 months (2024-04-26) | 13.07% |
| 6 months (2024-01-26) | 17.13% |
| 1 year (2023-07-26) | 42.06% |
|---|---|
| 2 years (2022-07-25) | 50.65% |
| 3 years (2021-07-26) | 28.98% |
| 5 years (2019-07-26) | 47.31% |
Valuing Bank of New York Mellon stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bank of New York Mellon's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Bank of New York Mellon's current share 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 shares trade at around 15x 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.
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 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 Bank of New York Mellon's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
| Revenue TTM | $17.6 billion |
|---|---|
| Operating margin TTM | 33.5% |
| Gross profit TTM | $16.3 billion |
| Return on assets TTM | 0.8% |
| Return on equity TTM | 8.34% |
| Profit margin | 19.47% |
| Book value | $49.46 |
| Market Capitalization | $46.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 26.21% of net profits
Recently Bank of New York Mellon has paid out, on average, around 26.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of New York Mellon shareholders could enjoy a 3% return on their shares, in the form of dividend payments. In Bank of New York Mellon's case, that would currently equate to about $1.68 per share.
While Bank of New York Mellon's payout ratio might seem fairly standard, it's worth remembering that Bank of New York Mellon may be investing much of the rest of its net profits in future growth.
Bank of New York Mellon's most recent dividend payout was on 1 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 21 July 2024 (the "ex-dividend date").
Bank of New York Mellon'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 Bank of New York Mellon shares – just the quantity. However, indirectly, the new 6% higher share price could have impacted the market appetite for Bank of New York Mellon shares which in turn could have impacted Bank of New York Mellon's share price.
Over the last 12 months, Bank of New York Mellon's shares have ranged in value from as little as $38.6778 up to $65.905. 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 Bank of New York Mellon's is 1.082. This would suggest that Bank of New York Mellon'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 provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services.
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