The Bank of New York Mellon (BK)
(Delayed Data from NYSE)
$66.40 USD
+0.91 (1.39%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $66.41 +0.01 (0.02%) 7:58 PM ET
2-Buy of 5 2
D Value F Growth D Momentum F VGM
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$66.40 USD
+0.91 (1.39%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $66.41 +0.01 (0.02%) 7:58 PM ET
2-Buy of 5 2
D Value F Growth D Momentum F VGM
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.
Mortgage Banking to Support U.S. Bancorp's (USB) Q2 Earnings
by Zacks Equity Research
U.S. Bancorp's (USB) Q2 results are likely to reflect higher mortgage banking revenues, muted interest income and increased expenses.
What's in the Cards for PNC Financial (PNC) in Q2 Earnings?
by Zacks Equity Research
PNC Financial's (PNC) cost-control efforts and benefits from strong equity markets are likely to have been offset by lower interest rates in the second quarter.
Trading, Underwriting Business to Aid Goldman (GS) Q2 Earnings
by Zacks Equity Research
While a substantial rise in trading activities and solid underwriting business will likely reflect on Goldman's (GS) Q2 results, lower rates and reduced consumer banking activities may have been woes.
Growth in Assets to Support BNY Mellon's (BK) Q2 Earnings
by Zacks Equity Research
Rise in asset balances are expected to have aided BNY Mellon's (BK) performance fee in second-quarter 2020. Lower interest rates are likely to have hurt net interest revenues.
Trading, Mortgage Banking to Aid JPMorgan (JPM) Q2 Earnings
by Zacks Equity Research
A substantial rise in trading & refinancing activities, and solid underwriting business are likely to reflect on JPMorgan's (JPM) Q2 results. Lower rates and a rise in credit cost may have been woes.
State Street (STT) and FNZ to Offer Wealth Manager Servicing
by Zacks Equity Research
State Street's (STT) partnership with FNZ Group is likely to support its revenues in the quarters ahead.
BNY Mellon & Deutsche Bank Jointly Develop Digital FX Solution
by Zacks Equity Research
BNY Mellon (BK) and Deutsche Bank's (DB) alliance to develop a digital FX solution will likely reduce the transaction times in trading of emerging market restricted currencies.
Here's Why You Should Hold On to Bank United (BKU) Stock Now
by Zacks Equity Research
BankUnited's (BKU) decent top-line growth and steady capital-deployment activities make it attractive for investors. However, the near-zero interest rates and high debt levels are concerns.
Bank Stock Roundup: Economic Rebound Hopes High Amid Coronavirus Woes, Citi in Focus
by Zacks Equity Research
Banking stocks appreciate as upbeat economic reports perk up markets, boosting investor optimism over an expected economic rebound.
BNY Mellon to Build FX Pricing & Trading Engine in Singapore
by Zacks Equity Research
BNY Mellon's (BNY) efforts to expand in Singapore are in sync with its strategy to strengthen global FX capabilities.
Warren Buffett Cuts Stake in Bank Stocks on Coronavirus Woes
by Zacks Equity Research
Amid a challenging operating backdrop, Warren Buffett is divesting bank stocks from his investment portfolio.
Commerce Bancshares (CBSH) Stock Up 3% Despite Q1 Earnings Lag
by Zacks Equity Research
Commerce Bancshares (CBSH) records significantly higher provisions in the first quarter of 2020. Also, the company witnesses an increase in expenses.
CIT Group (CIT) Stock Down 7.8% on Q1 Loss, Provisions Rise
by Zacks Equity Research
CIT Group (CIT) witnesses significantly higher provisions in the first quarter of 2020.
Northern Trust (NTRS) Q1 Earnings Top Estimates, Provisions Up
by Zacks Equity Research
Northern Trust's (NTRS) Q1 results reflect higher fee income, partly muted by fall in net interest income, escalating expenses and provisions amid the coronavirus crisis.
M&T Bank (MTB) Q1 Earnings Beat Estimates, Provisions Rise
by Zacks Equity Research
Although higher fee income supports M&T Bank's (MTB) Q1 earnings, a drastic increase in provisions amid the coronavirus mayhem hurts.
State Street's (STT) Q1 Earnings Beat on Higher Fee Income
by Zacks Equity Research
Increase in fee income and lower operating costs support State Street's (STT) Q1 earnings amid coronavirus-related mayhem.
Company News for Apr 17, 2020
by Zacks Equity Research
Companies in the news are: TSM, BK, LOVE, VNDA
Citizens (CFG) Q1 Earnings Miss on High Costs & Provisions
by Zacks Equity Research
Although higher fee income supports Citizens' (CFG) Q1 earnings, a drastic increase in credit costs amid the coronavirus mayhem hurts.
BNY Mellon (BK) Stock Gains 5.4% as Q1 Earnings Beat Estimates (Revised)
by Zacks Equity Research
BNY Mellon (BK) witnesses higher revenues in the first quarter of 2020. However, marginally higher expenses and a significant rise in provisions hurt results to some extent.
BNY Mellon (BK) Stock Gains 5.4% as Q1 Earnings Beat Estimates
by Zacks Equity Research
BNY Mellon (BK) witnesses higher revenues in the first quarter of 2020. However, marginally higher expenses and a significant rise in provisions hurt results to some extent.
Are Buyback ETFs in Troubled Waters?
by Sanghamitra Saha
With an increasing number of companies suspending buybacks and some cutting the dividend payouts too, the outlook for buyback and dividend ETFs has deteriorated.
Decline in AUM, Low Rates to Mar BNY Mellon's (BK) Q1 Earnings
by Zacks Equity Research
Lower asset balances are expected to have hampered BNY Mellon's (BK) performance fee in first-quarter 2020. Lower interest rates are likely to have hurt net interest revenues.
Major Regional Bank Stock Outlook Dim on Rate Cuts, Coronavirus
by Swayta Shah
Near-zero interest rates, and coronavirus-induced lockdown and economic slowdown are likely to hurt major regional banks' financials in the next few quarters.
Cost-Control Efforts to Aid BNY Mellon (BK) Amid Low Rates
by Zacks Equity Research
Cost-control efforts are expected to support BNY Mellon's (BK) bottom line to an extent. However, pressure on margins due to lower rates remains a woe.
Top Analyst Reports for Eli Lilly, Charter Communications & Eaton
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Eli Lilly (LLY), Charter Communications (CHTR) and Eaton (ETN).