|Bid||40.13 x 3100|
|Ask||41.04 x 1200|
|Day's range||40.39 - 40.99|
|52-week range||36.22 - 52.26|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||12.91|
|Earnings date||18 Jul 2023|
|Forward dividend & yield||1.48 (3.63%)|
|Ex-dividend date||27 Apr 2023|
|1y target est||53.20|
In the latest trading session, The Bank of New York Mellon Corporation (BK) closed at $40.42, marking a -1.75% move from the previous day.
Higher interest rates and a solid AUM balance are likely to keep supporting BNY Mellon (BK). However, mounting expenses and concentration risk due to higher dependence on fee-based revenues are headwinds.
BNY Mellon is expanding its offering of short-term investment products as investors chase higher yields, the bank announced on Monday. The bank is now offering access to mutual funds, interest-bearing deposits and sponsored cleared repurchase agreement sweep products through its LiquidityDirect platform, a portal for institutional investors. The offerings are geared at corporate treasurers seeking to maximize liquidity and mitigate counterparty credit risk in an uncertain economic environment.
Buffett's company Berkshire Hathaway eliminated a few of its longtime bank holdings in the first quarter.
The Bank of New York Mellon Corporation (BK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Bank of New York Mellon Corporation priced a $500 million debt offering that was underwritten by minority, veteran- and woman-owned investment firms, the bank said in a statement on Thursday. The offering of senior medium-term bank notes -- typically handled by the world's largest lenders -- will be led entirely by diverse bookrunners. "We are proud of this step toward advancing diversity, equity and inclusion in capital markets,” BNY Mellon CEO Robin Vince said in a statement.
AlphaSimplex Chief Research Strategist Katy Kaminski and the Yahoo Finance Live team discuss Warren Buffett's Berkshire Hathaway's purchase of Capital One and decision to shed shares of BNY Mellon.
Style Box ETF report for BKLC
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Bank of New York Mellon (BK) said it doesn’t consider itself a crypto bank and will continue to move slowly investing in the space during its first quarter earnings call on Tuesday.
Although the revenue and EPS for The Bank of New York Mellon Corporation (BK) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 3.67% and 0.36%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
BNY Mellon (BK) records a rise in revenues and higher expenses in the first quarter of 2023.
Two financial giants posted diverging results in the first quarter as turmoil roiled banking and markets
Banks have been major beneficiaries of the Fed's aggressive monetary policy aimed at curbing decades-high inflation, which has also led to heightened market volatility and credit tightening. The U.S. banking industry was thrown into a turmoil last month as bank failures dented investor confidence, pressuring both stock and bond markets. The collapse of Silicon Valley Bank, the largest bank to fail since the 2008 financial crisis, fanned fears of a liquidity crunch and put financial institutions under scrutiny.
Style Box ETF report for BKMC
The Bank of New York Mellon Corporation (BK) closed at $46.36 in the latest trading session, marking a +0.35% move from the prior day.
We have narrowed our search to five U.S. corporate bigwigs that are set to report first-quarter 2023 earnings results next week. These are: BK, TSLA, DFS, STT and NDAQ.
BNY Mellon's (BK) interest income is expected to have increased in the first quarter of 2023, supported by loan growth and higher interest rates.
The Bank of New York Mellon (BK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The Bank of New York Mellon Corporation (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes? Let's find out.
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