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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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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.

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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    Build a Christmas Tree with Top-Ranked Stocks

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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.

                        Why an Earnings Beat is Likely for M&T Bank (MTB) in Q3?

                        Given a modest improvement in loans along with higher rates, M&T Banks' (MTB) NII is expected to improve.

                          Why an Earnings Beat is Likely for Schwab (SCHW) in Q3?

                          Higher interest-earnings assets along with improvement in rates should help Shwab earn more in Q3.

                            Why an Earnings Beat is Likely for BlackRock (BLK) in Q3?

                            Strong inflows in U.S. iShares should support BlackRock's (BLK) Q3 earnings.

                              UBS Could Replace 30% of Existing Employees With Technology

                              Technology could help UBS Group (UBS) in laying off 30% of its existing employees in the years to come.

                                Major Global Banks Team Up to Create a New Digital Currency

                                Six global banks come together to develop a new digital currency with UBS.

                                  2 Insurance Stocks to Add Apart from Berkshire Hathaway

                                  Other than Berkshire Hathaway's (BRK.A) (BRK.B) credentials, we have zoomed in on two bullish stocks to leverage one's portfolio.

                                    Why Is BNY Mellon (BK) Down 3.9% Since the Last Earnings Report?

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

                                      Wells Fargo Accused of Levying High Early Termination Fees

                                      Wells Fargo (WFC) faces lawsuit for charging massive fees to small business owners.

                                        Why It's Wise to Hold SVB Financial (SIVB) Stock for Now

                                        Rise in expenses remains a major concern for SVB Financial (SIVB), but strong capital position and loan growth might support its results in the long run.

                                          4 Reasons to Add BNY Mellon (BK) Stock to Your Portfolio Now

                                          Underlying strength and solid growth prospects should drive BNY Mellon (BK) stock higher in the upcoming months.

                                            Old National Outlook Downgraded by Moody's, Ratings Affirmed

                                            Moody's downgrade Old National Bancorp's (ONB) outlook to negative, following the company's acquisition announcement.

                                              Why Wintrust Financial (WTFC) Should be Added to Portfolio

                                              Wintrust Financial Corporation (WTFC) has been witnessing upward estimate revisions, reflecting analysts' optimism about its future prospects.

                                                Fifth Third (FITB) to Gain $1 Billion Post Vantiv Stake Sale

                                                Fifth Third Bancorp (FITB) is likely to recognize a pre-tax gain of approximately $1 billion (around $650 million after-tax) in third-quarter 2017, from the partial sale of its stake in Vantiv Inc. (VNTV).

                                                  Old National (ONB) to Acquire Anchor Bancorp for $303.2M

                                                  Old National (ONB) to acquire Anchor Bancorp to expand into Minnesota market.