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The Bank of New York Mellon (BK)

(Delayed Data from NYSE)

$62.69 USD

62.69
3,569,115

-0.79 (-1.24%)

Updated Jul 19, 2024 04:00 PM ET

After-Market: $62.68 -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 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.

Why is Earnings Beat Less Likely for BNY Mellon (BK) in Q4?

While higher rates, along with modest loan growth, are expected to positively impact BNY Mellon's (BK) net interest revenues in the fourth quarter, fee revenues are likely to decline.

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Top Analyst Reports for Boston Scientific, Southern Company & BNY Mellon

Today's Research Daily features new research reports on 16 major stocks, including Boston Scientific (BSX), Southern Company (SO) and BNY Mellon (BK).

Bank of New York Mellon (BK) Reports Next Week: Wall Street Expects Earnings Growth

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.

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.

The Zacks Analyst Blog Highlights: Merck, Abbott, Lockheed Martin, United Parcel Service and Bank of New York Mellon

The Zacks Analyst Blog Highlights: Merck, Abbott, Lockheed Martin, United Parcel Service and Bank of New York Mellon

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Top Analyst Reports for Merck, Abbott & Lockheed Martin

Today's Research Daily features new research reports on 16 major stocks, including Merck (MRK), Abbott (ABT) and Lockheed Martin (LMT).

Implied Volatility Surging for BNY Mellon (BK) Stock Options

Investors need to pay close attention to BNY Mellon (BK) stock based on the movements in the options market lately.

JPMorgan Settles Improper Handling of ADRs Charges for $135M

Resolution of past business misconduct allegations is a step in the right direction for JPMorgan (JPM).

BNY Mellon Rewards Shareholders With More Share Buybacks

BNY Mellon's (BK) plan to reward shareholders with additional share repurchases reflect strong fundamentals and solid liquidity position.

Bank of New York Mellon (BK) Up 3.4% Since Last Earnings Report: Can It Continue?

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.

BNY Mellon (BK) Q3 Earnings Beat Estimates, Revenues Up Y/Y (Revised)

BNY Mellon came out with earnings of $1.06 per share, surpassing the Zacks Consensus Estimate of $1.04. The figure was up 12.8% from the prior year quarter.

BNY Mellon (BK) Q3 Earnings Beat Estimates, Costs Flare Up

BNY Mellon's (BK) third-quarter 2018 results indicate higher revenues and provision benefit, partially offset by elevated expenses.

BNY Mellon (BK) Q3 Earnings Miss Estimate, Revenue Up Y/Y

BNY Mellon came out with earnings of $1.06 per share, surpassing the Zacks Consensus Estimate of $1.04. The figure was up 12.8% from the prior year quarter.

Is an Earnings Beat in Store for BNY Mellon (BK) in Q3?

Higher rates and modest loan growth, are likely to positively impact BNY Mellon's (BK) net interest revenues in Q3. Further, the expectation of rise in fee revenues might support top line.

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The Markets Breathe a Sigh of Relief as the Big Banks Beat Estimates

Goldman Sachs and Morgan Stanley are the latest big banks to beat expectations

Why Earnings Season Could Be Great for Bank of New York Mellon (BK)

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

Zacks Investment Ideas feature highlights: JP Morgan Chase, Citigroup, Wells Fargo, Bank of America and Bank of New York Mellon

Zacks Investment Ideas feature highlights: JP Morgan Chase, Citigroup, Wells Fargo, Bank of America and Bank of New York Mellon

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Friday Bounce Ends a Volatile Week for Stocks

Interest rates fears fuel the biggest weekly decline in 7 months

Bank Stock Roundup: Stocks Plunge on Trade War Worries, JPMorgan & Citi in Focus

Major bank stocks tumble as markets witness significant sell-off due to many concerns weighing on investor sentiments. But banks' efforts to restructure businesses are impressive and will aid growth.

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First Round of Bank Earnings is Positive, What???s on Deck?

Citigroup, JP Morgan and Wells Fargo get bank earnings season off to a strong start

    Bank of New York Mellon (BK) Q3 Earnings Preview: What's Shaping Up?

    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.

    5 Major Bank Stocks Poised to Surpass Q3 Earnings Estimates

    Major banks are expected to witness dismal performance in capital markets-related businesses in Q3. But decent loan growth, solid asset quality and rise in interest rates will provide some support.

    Antitrust Lawsuit Against Big Wall Street Banks Gets Approval

    Major Wall Street firms continue to face lawsuits for past misconducts, resulting in higher legal costs. However, it helps ensure investors' confidence in the banking system.

      Zacks Investment Ideas feature highlights: Apple, Goldman, US Bancorp and Bank of New York

      Zacks Investment Ideas feature highlights: Apple, Goldman, US Bancorp and Bank of New York

        Wells Fargo to Trim Headcount by 5-10% Over Three Years

        Wells Fargo (WFC) promises to enhance client experience and make investments to develop digital modes of banking with a view to leave behind past misconducts.