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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 B 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%.

Zacks Rank Education -- Learn more about the Zacks Rank
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.

David Borun headshot

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

David Borun headshot

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.

David Borun headshot

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.

          David Borun headshot

          Buffett Likes the Banks, Why You Should Too

          Follow the holdings of Berkshire Hathaway to see where the Oracle of Omaha sees opportunity

            Is Bank of New York Mellon (BK) a Great Dividend Play?

            Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of New York Mellon (BK) have what it takes? Let's find out.

              Mark Vickery headshot

              Top Stock Reports for Microsoft, Union Pacific & Danaher

              Today's Research Daily features new research reports on 16 major stocks, including Microsoft (MSFT), Union Pacific (UNP) and Danaher (DHR).

                BNY Mellon (BK) Q2 Earnings In Line With Estimates, Costs Up

                BNY Mellon's (BK) Q2 results benefit from higher revenues and AUM growth, partly offset by higher expenses.

                  Tirthankar Chakraborty headshot

                  The Zacks Analyst Blog Highlights: Netflix, Eli Lilly, BNY, TJX and Raytheon

                  The Zacks Analyst Blog Highlights: Netflix, Eli Lilly, BNY, TJX and Raytheon

                    BNY Mellon (BK) Q2 Earnings, Revenues In-Line with Estimates

                    A rise in revenues, offset by higher expenses aid BNY Mellon's Q2 results.

                      Ryan McQueeney headshot

                      BNY Mellon (BK) Adds 2.9% Ahead of Earnings: What To Watch

                      Shares of BNY Mellon (BK) added 2.9% during regular hours Wednesday, the last day of trading before the company releases its latest quarterly earnings report. Here's what to expect on Thursday.

                        Mark Vickery headshot

                        Top Analyst Reports for Netflix, Eli Lilly & BNY Mellon

                        Today's Research Daily features new research reports on 16 major stocks, including Netflix (NFLX), Eli Lilly (LLY) and BNY Mellon (BK).

                          Why is Earnings Beat Less Likely for BNY Mellon (BK) in Q2?

                          While higher rates, along with modest loan growth, is expected to positively impact BNY Mellon's (BK) net interest revenues in Q2, the expectation of a decline in fee revenues might hurt top line.

                            The Zacks Analyst Blog Highlights: Schlumberger, Walgreens Boots, BNY Mellon, Stryker and Duke Energy

                            The Zacks Analyst Blog Highlights: Schlumberger, Walgreens Boots, BNY Mellon, Stryker and Duke Energy

                              Mark Vickery headshot

                              Top Analyst Reports for Schlumberger, Walgreens Boots & BNY Mellon

                              Today's Research Daily features new research reports on 16 major stocks, including Schlumberger (SLB), Walgreens Boots (WBA) and BNY Mellon (BK).

                                Major Regional Banks Stock Outlook: Plenty of Growth Left

                                Improving economy and higher interest rates will likely continue supporting major regional banks' profitability in the quarters ahead.

                                  BofA Unit Reviews Commission-Based Retirement Accounts Ban

                                  While re-evaluating the ban on commission in IRAs, BofA (BAC) will likely keep in mind the SEC's rulemaking process related to fiduciary rules related to financial advisors.

                                    Wells Fargo Asset Management Unit Taps Into Private Credit

                                    Wells Fargo (WFC) to move ahead of past misconducts with settlement and focus on improving financials.