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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.

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

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%.

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.

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            Focus on Earnings, Jobless Claims

            Focus on Earnings, Jobless Claims

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              Jobless Claims, CBO Report and More Q2 Earnings

              More Q2 earnings headlines hit the tape, along with jobless claims and the CBO's assessment of the Obamacare repeal.

                BNY Mellon's (BK) Q2 Earnings & Revenue Improve Y/Y

                Rise in revenues was the primary reason for improved earnings at BNY Mellon (BK).

                  BNY Mellon (BK) to Report Q2 Earnings: What's in Store?

                  Margin improvement might not be sufficient to counter the challenges for BNY Mellon (BK). While expenses will likely remain under control, reduced size of balance sheet could be a dampener.

                    Wells Fargo (WFC) Penalized by Court on Abusive Tax Shelter

                    Following a three-week trial in a federal court in Minnesota, the jury passed a verdict on Wells Fargo & Company (WFC). The bank has been penalized with a 20% negligence fine in relation to the foreign tax credits claimed on the basis of STARS

                      BNY Mellon's (BK) Q1 Earnings & Revenue Improve Y/Y

                      Rise in revenues was the primary reason for improved earnings at BNY Mellon (BK).

                        Why BNY Mellon (BK) Stock Could Disappoint in Q1 Earnings

                        According to our proven model, it is less likely that The Bank of New York Mellon Corporation (BK) will be able to beat the Zacks Consensus Estimate this time around.

                          State Street to Shrink Operations in London & Hong Kong

                          Per a Reuters report, State Street Corporation (STT) has decided to shut its transition management operations in London and Hong Kong, with a goal to streamline its operations and improve efficiency.

                            Why Is BNY Mellon (BK) Up 5.1% 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.

                              BNY Mellon (BK) Lags Q4 Earnings & Revenue Estimates

                              The Bank of New York Mellon Corporation (BK) came out with adjusted earnings of 77 cents per share, which lagged the Zacks Consensus Estimate of 78 cents.

                                Federal Reserve Announces New Bailout Prevention Rule

                                The Federal Reserve Board has adopted a final rule to prevent any future government bailouts of major U.S. banks by using tax-payers money.

                                  Wells Fargo Barred from Hometown Business for Sales Scam

                                  Wells Fargo & Company (WFC) has been suspended for two years from conducting broker-dealer services in commercial banking and commercial paper, in its own birthplace, San Francisco.

                                    Wells Fargo Faces Sanctions on 'Living Will' Deficiencies

                                    Wells Fargo & Company (WFC) has been hit with restrictions by the U.S. regulators as the bank failed to "adequately remedy" deficiencies in its resolution plan, commonly known as 'living will'

                                      BofA Faces $7M Fine from FINRA for Inadequate Supervision

                                      The regulator of securities firms in the U.S., FINRA has imposed a fine of $7 million on Merrill Lynch, a unit of Bank of America Corporation (BAC), for inadequate supervision of securities-backed leverage in their clients' brokerage account.

                                        Citigroup (C) Plans to Move Derivatives Traders to Frankfurt

                                        According to a Bloomberg report, following Brexit, some of London-based equity and interest-rate derivatives traders of Citigroup Inc. (C) might be moved to Frankfurt. However, depending on negotiations between the U.K. and the European Union (EU), the plan might take a turnaround.

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