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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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.

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      Why is an Earnings Beat Likely for BNY Mellon (BK) in Q1?

      Expectation of a rise in fee revenues should aid BNY Mellon's (BK) top-line growth in Q1. Also, loan growth along with higher rates is likely to drive net interest revenue growth.

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            The Zacks Analyst Blog Highlights: Gilead, BNY Mellon, State Street, Alliant Energy and Dillard's

            The Zacks Analyst Blog Highlights: Gilead, BNY Mellon, State Street, Alliant Energy and Dillard's

              Why Is BNY Mellon(BK) Up 1.6% Since Its Last Earnings Report?

              BNY Mellon (BK) reported earnings more than 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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                Warren Buffett Is Buying These Stocks, Should You?

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                  The Zacks Analyst Blog Highlights: Johnson & Johnson, Illinois Tool Works, Bank of New York Mellon, Ford and Capital One Financial

                  The Zacks Analyst Blog Highlights: Johnson & Johnson, Illinois Tool Works, Bank of New York Mellon, Ford and Capital One Financial

                    BNY Mellon's (BK) Q4 Earnings In Line, Revenues Decline Y/Y

                    BNY Mellon came out with adjusted earnings of 91 cents per share, in line with the Zacks Consensus Estimate.

                      Can Citizens (CFG) Maintain its Earnings Beat Streak in Q4?

                      Citizen Financial's (CFG) top line will likely benefit from organic growth in Q4. Its expense control efforts are also expected to lend support.

                        Why an Earnings Beat Is Likely for BNY Mellon (BK) in Q4

                        Loan growth coupled with higher rates is likely to support BNY Mellon's (BK) Q4 earnings.

                          Will Stable Interest Income Support BB&T (BBT) Q4 Earnings?

                          Stable net interest income along with slightly higher fee income is likely to support BB&T's (BBT) Q4 results.

                            Bank of New York Mellon (BK): Strong Industry, Solid Earnings Estimate Revisions

                            Bank of New York Mellon (BK) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.

                              BNY Mellon Closes CenterSquare Investment Management Deal

                              BNY Mellon (BK) completes the sale of real asset investment boutique CenterSquare Investment Management to its management team and Lovell Minnick Partners.

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                                  6 Reasons to Invest in Bank of New York Mellon (BK) Stock

                                  Positive estimate revisions and strong growth prospects make The Bank of New York Mellon's (BK) an attractive pick.

                                    The Zacks Analyst Blog Highlights: Nike, PayPal, BNY Mellon, PPG Industries and CME Group

                                    The Zacks Analyst Blog Highlights: Nike, PayPal, BNY Mellon, PPG Industries and CME Group

                                      8 Big Banks Get Fed Regulators Approval on 'Living Wills'

                                      U.S. banking regulators, the Federal Reserve and the Federal Deposit Insurance Corp ("FDIC"), approve "living wills" of eight largest domestic banking organizations.

                                        BNY Mellon's Cost-Saving Initiatives to Aid Profitability

                                        Easing margin pressure and declining costs are likely to bolster Bank of New York Mellon Corporation's (BK) financials. Yet, fee income, constituting a significant part of total revenues remains a headwind.

                                          The Zacks Analyst Blog Highlights: Berkshire Hathaway, Salesforce, Schwab, BNY Mellon and Kellogg

                                          The Zacks Analyst Blog Highlights: Berkshire Hathaway, Salesforce, Schwab, BNY Mellon and Kellogg

                                            BNY Mellon's (BK) Q3 Earnings Beat Estimates, Revenues Up

                                            BNY Mellon's (BK) Q3 earnings beat estimates on higher revenues.

                                              Why an Earnings Beat is Less Likely for SunTrust (STI) in Q3

                                              Decent loan growth coupled with higher rates should boost SunTrust's (STI) NII in Q3. However, decline in mortgage revenues might hurt fee income growth.

                                                Why an Earnings Beat is Likely for BNY Mellon (BK) in Q3?

                                                Modest loan growth and higher rates to aid BNY Mellon's (BK) NIR in Q3. Also, a year-over-year improvement in fee revenues should aid top-line growth.

                                                  Can Trust Income Drive Northern Trust's (NTRS) Q3 Earnings?

                                                  A rise in trust, investment and other income along with higher net interest income will likely aid Northern Trust (NTRS) in Q3. Yet, higher expenses might curb it bottom-line growth.