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The Bank of New York Mellon (BK)

(Real Time Quote from BATS)

$62.52 USD

62.52
532,170

-0.17 (-0.27%)

Updated Jul 22, 2024 10:24 AM 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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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.

Swayta Shah headshot

Bank Stock Roundup: Restructuring Efforts, Lawsuits, Wells Fargo & BofA in Focus

by Swayta Shah

Major banks continue with their efforts to diversify revenues amid a challenging operating backdrop.

    Mark Vickery headshot

    Top Stock Reports for Verizon, PepsiCo & Biogen

    by Mark Vickery

    Today's Research Daily features new research reports on 16 major stocks, including Verizon Communications (VZ), PepsiCo (PEP) and Biogen (BIIB).

    Wells Fargo Hands Over Turnaround Task to BNY Mellon's CEO

    by Zacks Equity Research

    Wells Fargo (WFC) keeps its promise to appoint an outsider as CEO as this would provide a fresh approach in dealing with the problems.

      Jefferies' (JEF) Q3 Earnings Lag Estimates as Costs Rise

      by Zacks Equity Research

      Jefferies (JEF) witnesses lower revenues in the three months ended Aug 31, 2019. Moreover, higher expenses hurt results to some extent.

      State Street (STT) Q2 Earnings Beat, Revenues & Costs Down

      by Zacks Equity Research

      Lower expenses (driven by cost saving efforts) support State Street's (STT) Q2 earnings. However, decline in revenues act as a headwind.

      BNY Mellon (BK) Q2 Earnings Beat Estimates as Costs Decline

      by Zacks Equity Research

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

      BNY Mellon (BK) Beats on Q2 Earnings, Revenues Decline

      by Zacks Equity Research

      Fall in expenses, partly offset by lower revenues aid BNY Mellon's Q2 results.

      Low Rates, Muted Lending to Hurt BNY Mellon's (BK) Q2 Earnings

      by Zacks Equity Research

      BNY Mellon's (BK) net interest revenues are likely to be hurt in the second quarter of 2019 because of dismal lending scenario.

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

      by Zacks Equity Research

      Bank of New York Mellon (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.

      Jefferies (JEF) Stock Up 6.4% as Q2 Earnings Beat Estimates

      by Zacks Equity Research

      Jefferies (JEF) witnesses higher revenues in the three months ended May 31, 2019. However, higher expenses hurt results to some extent.

      Swarup Gupta headshot

      Weak Data Could Hasten Rate Cut: Can Banks Cope?

      by Swarup Gupta

      Banks, which have emerged creditably from stress tests, are expected to feel the pinch since lower rates weigh on net interest margins.

      Nitish Marwah headshot

      3 Mutual Funds to Benefit From Stress Test Results

      by Nitish Marwah

      Fed conducts a review of these banks under hypothetically created financial crises and recessions.

      Why Is Bank of New York Mellon (BK) Down 3.9% Since Last Earnings Report?

      by Zacks Equity Research

      Bank of New York Mellon (BK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

      Moving Average Crossover Alert: Bank of New York Mellon

      by Zacks Equity Research

      The Bank of New York Mellon Corporation (BK) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

      Stock Market News For Apr 30, 2019

      by Zacks Equity Research

      Markets closed higher on Monday as first quarter earnings continued in full swing.

      State Street (STT) Q1 Earnings Beat, Assets Balance Improves

      by Zacks Equity Research

      Rise in net interest income, improvement in assets under management and higher rates aid State Street's (STT) Q1 earnings while decline in fee income hurts.

      Company News For Apr 18, 2019

      by Zacks Equity Research

      Companies In The News Are: BK, UAL, IBM, CSX

      BNY Mellon (BK) Q1 Earnings Lag Estimates as Revenues Fall

      by Zacks Equity Research

      BNY Mellon (BK) witnesses lower revenues and AUM in the first quarter of 2019. However, lower expenses support results to some extent.

      BNY Mellon (BK) Q1 Earnings Lag Estimates, Costs Decline

      by Zacks Equity Research

      A fall in revenues, partly offset by lower expenses hurt BNY Mellon's Q1 results.

      Higher Rates, Fee Income to Support BB&T's (BBT) Q1 Earnings

      by Zacks Equity Research

      Slight growth in fee income and relatively higher interest rates are likely to aid BB&T's (BBT) Q1 earnings.

        Higher Loans, Fee Income to Aid SunTrust (STI) Q1 Earnings

        by Zacks Equity Research

        Decent loan growth, higher rates and stable fee income are expected to support SunTrust's (STI) Q1 earnings.

          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.

          Will Muted Trading Income Hurt E*TRADE's (ETFC) Q1 Earnings?

          by Zacks Equity Research

          Muted trading revenues likely to mar E*TRADE's (ETFC) first-quarter 2019 earnings to be reported on Apr 17.

          Trading, Underwriting to Mar Morgan Stanley (MS) Q1 Earnings

          by Zacks Equity Research

          Disappointing trading and underwriting performance is expected to hamper Morgan Stanley's (MS) Q1 earnings growth.

          Is an Earnings Beat in Store for BNY Mellon (BK) in Q1?

          by Zacks Equity Research

          Driven by loan growth and higher rates, BNY Mellon's (BK) net interest revenues are likely to be positively impacted during the first quarter.