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The Bank of New York Mellon (BK)

(Delayed Data from NYSE)

$66.40 USD

66.40
2,746,544

+0.91 (1.39%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $66.41 +0.01 (0.02%) 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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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 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 17% (42 out of 251)

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.

Stock Market News For Apr 30, 2019

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

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

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

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

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

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

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

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

    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)

      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?

      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

      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?

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

      Higher Loans, Card Fees to Aid Comerica's (CMA) Q1 Earnings

      Comerica's (CMA) Q1 earnings are expected to benefit from higher interest income, rise in card fees, controlled expenses and improved credit quality.

      Soft Trading Activities to Hurt Citigroup's (C) Q1 Earnings

      Revenues from Citigroup's (C) consumer banking business are expected to support its Q1 performance. However, trading and investment banking revenues are likely be low on a year-over-year basis.

      Can Higher Revenues Support M&T Bank's (MTB) Q1 Earnings?

      M&T Bank's (MTB) Q1 results are likely to witness rise in revenues on higher interest income and loan growth, partially offset by increased expenses.

      5 Major Bank Stocks Poised to Outshine Q1 Earnings Estimates

      The Q1 earnings season could be encouraging for U.S. banks, as the impact of loan growth and rising interest rates partially offset pressure of muted trading and poor investment banking activities.

      Will Muted Trading Revenues Hurt Goldman's (GS) Q1 Earnings?

      Muted trading and investment banking activities likely to mar Goldman's (GS) first-quarter earnings to be reported on Apr 15.

      Bank of New York Mellon (BK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

      Bank of New York Mellon (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.

      Can Bank of New York Mellon (BK) Keep the Earnings Surprise Streak Alive?

      Bank of New York Mellon (BK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

      Can Fee Income Growth Aid PNC Financial's (PNC) Q1 Earnings?

      PNC Financial's (PNC) Q1 earnings are likely to reflect net interest income growth and rise in fee income, majorly in consumer and corporate service segments.

      Loan Growth to Support First Republic's (FRC) Q1 Earnings

      First Republic's (FRC) Q1 results are likely to witness rise in interest income, partially offset by decline in fee income.

      Will Mortgage Weakness Hurt Wells Fargo's (WFC) Q1 Earnings?

      Wells Fargo's (WFC) mortgage business might have further slowed down in the Jan-Mar quarter. Ongoing litigation hassles are predicted to have escalated the banking giant's expenses.

      Trading, Investment Banking to Mar JPMorgan (JPM) Q1 Earnings

      Disappointing trading and investment banking performance will likely hamper JPMorgan's (JPM) Q1 earnings despite modest net interest income growth.

      Jefferies (JEF) Q1 Earnings Lag Estimates, Costs Decline

      While Jefferies (JEF) witnesses a decline in revenues in the first quarter, lower expenses support its performance to some extent.

      Higher Rates, Global Reach Aid BNY Mellon (BK), Costs Rise

      Higher interest rates, economic growth and globally diversified operations will continue aiding BNY Mellon (BK), while mounting operating costs are expected to hamper bottom-line growth to an extent.

      The Zacks Analyst Blog Highlights: Berkshire Hathaway, Bank of America, US Bancorp, JPMorgan Chase and Bank of New York Mellon

      The Zacks Analyst Blog Highlights: Berkshire Hathaway, Bank of America, US Bancorp, JPMorgan Chase and Bank of New York Mellon