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The Bank of New York Mellon (BK)

(Delayed Data from NYSE)

$68.22 USD

68.22
4,351,992

+0.97 (1.44%)

Updated Aug 30, 2024 04:00 PM ET

After-Market: $68.21 -0.01 (-0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value F Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 8% (21 out of 250)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

Headquartered in New York and formed as a holding company for The Bank of New York Mellon, The Bank of New York Mellon Corporation (popularly known as BNY Mellon) is a financial services company that has been in business since 1784. The company was incorporated on Jul 1, 2007, following the merger of The Bank of New York Company Inc. and Mellon Financial Corporation. BNY Mellon operates in 35 countries and provides various products and services to individuals and institutions in more than 100 markets worldwide. The company’s global client base consists of financial institutions, corporations, government agencies, endowments and foundations as well as high-net-worth individuals.

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Company News for Jul 18, 2022

Companies in The News Are: UNH,USB,BK,PNC

The Bank of New York Mellon Corporation (BK) Beats Q2 Earnings and Revenue Estimates

The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 2.68% and 1.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

BNY Mellon (BK) Stock Up on Q2 Earnings Beat, Revenues Rise Y/Y

BNY Mellon (BK) records a rise in revenues and expenses in the second quarter of 2022.

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Markets Fight Back to (Near) Break-Even

Considering the Dow had sunk more than -600 points early this session, we'll still count it as a near-win.

M&T Bank Corporation (MTB) Expected to Beat Earnings Estimates: Should You Buy?

M&T Bank Corporation (MTB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why is an Earnings Beat Less Likely for BNY Mellon (BK) in Q2?

BNY Mellon's (BK) interest income is expected to have increased in the second quarter of 2022, supported by loan growth and higher interest rates.

Earnings Preview: The Bank of New York Mellon Corporation (BK) Q2 Earnings Expected to Decline

The Bank of New York Mellon Corporation (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.

JPMorgan (JPM) Fined for Failing to Report Swap Transactions

JPMorgan (JPM) will pay $850,000 to the CFTC for alleged swap reporting failures.

HSBC Unit to Discuss Merger Offer With Sohar International

HSBC Bank Oman, a unit of HSBC, will hold preliminary talks with Sohar International over the latter's possible merger offer.

    Huntington (HBAN) Closes Capstone Buyout, Expands IB Vertical

    Huntington (HBAN) strengthens its middle-market capabilities in extended geographies with the buyout of Capstone.

    Farmers & Merchants (FMAO) to Buy Peoples-Sidney for $27 Million

    Farmers & Merchants (FMAO) signs a deal to acquire Peoples in a stock and cash transaction worth $27 million.

      Franklin's (BEN) May AUM Dips to $1445.9B on Net Outflows

      Franklin's (BEN) May AUM slides 0.7% sequentially to $1,445.9 billion due to the long-term net outflows, partially offset by favorable impacts of markets. This will likely affect its financials.

        Credit Suisse Dips on Trading View, Gains on State Street Claims

        Credit Suisse (CS) shares decline following a trading update. Stock reverses on claims of takeover by State Street (STT).

        Citizens Financial (CFG) Completes Acquisition of DH Capital

        Citizens Financial (CFG) enhances its technology-advisory capabilities by closing the acquisition of private investment banking firm DH Capital.

        Stifel Financial (SF) Signs Deal to Acquire ACXIT Capital

        Stifel Financial (SF) agrees to acquire ACXIT Capital, a leading independent corporate finance and financial advisory firm.

        Franklin Resources (BEN) Agrees to Buy Alcentra From BNY Mellon

        Franklin Resources (BEN) enters an agreement to acquire Alcentra from BNY Mellon.

        Here's Why it is Best to Hold on to BNY Mellon (BK) Stock Now

        Cost-control efforts are expected to support BNY Mellon's (BK) bottom line to an extent. However, pressure on margins due to relatively lower rates remains worrisome.

          Wells Fargo (WFC) Unit Settles Anti-Money Laundering Charges

          Wells Fargo's (WFC) subsidiary agrees to pay $7 million for the settlement of anti-money laundering rules violation.

          Should You Hold Wells Fargo (WFC) Stock After Buffett's Exit?

          Berkshire Hathaway (BRK.B) sells $32.4-million stake in Wells Fargo (WFC) as the latter's regulatory issues pile up over the years.

          Why Is The Bank of New York Mellon Corporation (BK) Down 4.2% Since Last Earnings Report?

          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.

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          Will Buffett's Bet on Citi (C) Drive the Stock's Market Confidence?

          Let's delve into what has attracted Berkshire's investment in Citigroup (C) and how is the banking giant poised.

          Bank of America (BAC) Penalized $10M for Illegal Garnishments

          Bank of America (BAC) needs to pay a penalty of $10 million for processing illegal, out-of-state garnishment orders against customer bank accounts, violating state laws.

          Aon (AON) Ties Up to Boost Prowess to Meet Clients' ESG Needs

          Aon (AON) teams up with BNY Mellon for rolling out solutions either focused on addressing the ESG needs of clients or to bring about the upgrade of data and analytics.

          The Bank of New York Mellon Corporation (BK) Matches Q1 Earnings Estimates

          The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 0% and 0.90%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?