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The Bank of New York Mellon (BK)

(Real Time Quote from BATS)

$62.76 USD

62.76
1,549,148

+0.07 (0.11%)

Updated Jul 22, 2024 12:34 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

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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D Value F Growth A Momentum D 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 12% (31 out of 250)

Industry: Banks - Major Regional

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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.

Can Growth in Assets Aid BNY Mellon (BK) in Q4 Earnings?

by Zacks Equity Research

While lower rates are likely to have hurt BNY Mellon's (BK) net interest revenues in the fourth quarter of 2019, asset growth is expected to have positively impacted performance fees.

Priti Dhanuka headshot

5 Major Bank Stocks Poised to Beat Earnings Estimates in Q4

by Priti Dhanuka

Major U.S. banks likely had a decent Q4 on upswing in client activities, aiding trading revenues, and upbeat underwriting business, partly muted by soft loan growth and interest-rate declines.

Trading, Investment Banking to Aid BofA (BAC) Q4 Earnings

by Zacks Equity Research

Improved trading and investment banking performance, and decent loan demand are expected to support BofA's (BAC) Q4 results.

Trading, Mortgage Banking to Aid JPMorgan (JPM) Q4 Earnings

by Zacks Equity Research

Improvement in trading activities and mortgage demand are expected to support JPMorgan's (JPM) Q4 results amid lower interest rates.

Citigroup Teams Up With YieldStreet to Offer Credit Investments (Revised)

by Zacks Equity Research

Citigroup's (C) partnership with YieldStreet will offer assets of about $2 billion over a period of 24 months.

Citigroup Teams With YieldStreet to Offer Credit Investments

by Zacks Equity Research

Citigroup's (C) partnership with YieldStreet will offer assets of about $2 million over a period of 24 months.

Here's Why State Street (STT) Stock is a Solid Bet Right Now

by Zacks Equity Research

State Street (STT) appears to be a promising bet, riding on synergies from strategic acquisitions, enhanced capital-deployment activities and long-term growth opportunities.

Swayta Shah headshot

4 Bank Stocks Could Win Big in 2020 Despite Rate Concerns

by Swayta Shah

Acquisitions, digitization of operations, efforts to diversify revenues,, steeper yield curve and improving U.S. economy are likely to continue supporting banks' profitability in 2020.

Swayta Shah headshot

Major Regional Bank Stocks Outlook Rosy on Decent Loan Rise

by Swayta Shah

While lower interest rates pose a major undermining factor, an improving domestic economy, decent loan demand and efforts to digitize operations are likely to aid major regional banks.

Madeleine Johnson headshot

What Are Warren Buffett's Top 10 Stock Holdings?

by Madeleine Johnson

Warren Buffett is one of the most legendary investors on Wall Street. What are the top stocks that he owns?

Mark Vickery headshot

Top Analyst Reports for salesforce, Lockheed Martin & Intuit

by Mark Vickery

Today's Research Daily features new research reports on 16 major stocks, including salesforce.com (CRM), Lockheed Martin (LMT) and Intuit (INTU)

State Street's (STT) Q3 Earnings Beat, Revenues Down Y/Y

by Zacks Equity Research

State Street's (STT) Q3 earnings reflect successful implementation of cost saving measures and rise in assets balance, while lower revenues pose a concern.

Economic Data Deluge

by Zacks Equity Research

Economic Data Deluge

BNY Mellon (BK) Q3 Earnings Beat Estimates as Costs Decline

by Zacks Equity Research

BNY Mellon (BK) witnesses lower revenues in the third quarter of 2019. However, lower expenses and rise in AUM support results to quite an extent.

Mark Vickery headshot

Retail Sales Miss to -0.3%, Bank Earnings Mixed: BAC & BK

by Mark Vickery

-0.3% on the headline was the reverse of the consensus estimate +0.3%. This is the worst Retail Sales print since February.

BNY Mellon (BK) Beats on Q3 Earnings as Expenses Decline

by Zacks Equity Research

Fall in expenses, partly offset by lower revenues aid BNY Mellon's Q3 results.

Trading, Global Woes to Mar Morgan Stanley (MS) Q3 Earnings

by Zacks Equity Research

Morgan Stanley's (MS) Q3 results are likely to reflect adverse impact from slump in trading activities, weak investment banking and lower interest rates.

Fee Income Growth to Support M&T Bank's (MTB) Q3 Earnings

by Zacks Equity Research

M&T Bank's (MTB) third-quarter 2019 results, slated for release on Oct 17, are expected to reflect benefits from an improved fee income scenario.

Muted Lending, Lower Rates to Hurt KeyCorp (KEY) Q3 Earnings

by Zacks Equity Research

KeyCorp's (KEY) Q3 earnings are likely to reflect dismal lending scenario, lower interest rates and higher costs. However, improvement in mortgage banking business is likely to have offered support.

Why Earnings Season Could Be Great for BNY Mellon (BK)

by Zacks Equity Research

BNY Mellon (BK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Dismal Trading, Lower Rates to Hurt BofA's (BAC) Q3 Earnings

by Zacks Equity Research

BofA's (BAC) Q3 earnings are expected to reflect disappointing trading activities, lower interest rates, weak lending scenario and muted investment banking performance.

Can Modest Asset Growth Aid BNY Mellon (BK) in Q3 Earnings?

by Zacks Equity Research

While lower rates are likely to have hurt BNY Mellon's (BK) net interest revenues in the third quarter of 2019, asset growth is likely to have positively impacted investment management and performance fees.

4 Major Bank Stocks Poised to Outshine Q3 Earnings Estimates

by Zacks Equity Research

The Q3 earnings season will most likely have been dismal for U.S. banks due to the impact of soft loan growth and decline in interest rates, along with muted trading and investment banking activities.

Fee Income to Support U.S. Bancorp (USB) Q3 Earnings

by Zacks Equity Research

U.S. Bancorp's (USB) third-quarter 2019 results, slated for release on Oct 16, are expected to reflect benefits from an improved fee income scenario.

The Zacks Analyst Blog Highlights: Verizon Communications, PepsiCo, Biogen, Bank of New York ??? Mellon and Cerner

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Verizon Communications, PepsiCo, Biogen, Bank of New York ??? Mellon and Cerner