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The Bank of New York Mellon (BK)

(Delayed Data from NYSE)

$60.50 USD

60.50
3,034,891

+0.39 (0.65%)

Updated Jul 2, 2024 04:00 PM ET

After-Market: $60.49 -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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

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 C 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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Bottom 37% (156 out of 249)

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.

Rates, Trading to Aid BofA (BAC) Q1 Earnings, Provisions to Hurt

Higher rates, decent loan demand and solid trading performance are likely to have aided BofA's (BAC) Q1 earnings despite weakness in IB business and increase in provisions.

Should You Buy The Bank of New York Mellon (BK) Ahead of Earnings?

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

Higher Interest Rates to Support Schwab's (SCHW) Q1 Earnings

Schwab (SCHW) is expected to have witnessed a robust trading performance in the first quarter of 2023. Driven by higher rates, its interest income is expected to have risen.

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

The Bank of New York Mellon Corporation (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.

Weak Market Performance to Hurt BlackRock's (BLK) Q1 Earnings

BlackRock (BLK) is not expected to have witnessed AUM growth in the first quarter of 2023 because of weak market performance.

Why The Bank of New York Mellon Corporation (BK) is Poised to Beat Earnings Estimates Again

The Bank of New York Mellon Corporation (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.

Are You Looking for a High-Growth Dividend Stock?

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

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

4 Reasons to Add BlackRock (BLK) Stock to Your Portfolio Now

Driven by strong fundamentals and good growth prospects, BlackRock (BLK) seems to be an attractive investment option now.

5 Reasons Why Ameriprise (AMP) Stock is an Attractive Pick Now

Driven by strong fundamentals and bright growth prospects, Ameriprise (AMP) seems to be an attractive investment option right now.

High Costs, Margin Pressure to Hurt Prosperity Bancshares (PB)

Prosperity Bancshares' (PB) profits are likely to be hurt by a rise in costs. Despite the rate hikes, its margin pressure will continue for a while.

5 Reasons to Invest in Preferred Bank (PFBC) Stock Right Now

Supported by strong fundamentals and solid growth prospects, Preferred Bank (PFBC) stock looks like an attractive investment option now.

Here's Why The Bank of New York Mellon Corporation (BK) Is a Great 'Buy the Bottom' Stock Now

The Bank of New York Mellon Corporation (BK) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

The Bank of New York Mellon Corporation (BK) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, The Bank of New York Mellon Corporation (BK) closed at $42.75, marking a -1.13% move from the previous day.

The Bank of New York Mellon Corporation (BK) Could Be a Great Choice

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

Strength Seen in Truist Financial Corporation (TFC): Can Its 9.0% Jump Turn into More Strength?

Truist Financial Corporation (TFC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Zacks Industry Outlook Highlights JPMorgan Chase, Bank of America and The Bank of New York Mellon

JPMorgan Chase, Bank of America and The Bank of New York Mellon are part of the Zacks Industry Outlook article.

The Bank of New York Mellon Corporation (BK) Gains But Lags Market: What You Should Know

The Bank of New York Mellon Corporation (BK) closed at $44.40 in the latest trading session, marking a +0.89% move from the prior day.

The Zacks Analyst Blog Highlights The Bank of New York Mellon, Northeast Community Bancorp and SB Financial Group

The Bank of New York Mellon, Northeast Community Bancorp and SB Financial Group are part of the Zacks top Analyst Blog

Swayta Shah headshot

3 Major Regional Banks Worth a Look Despite SVB, SBNY Collapse

The contagion risk arising from bank runs, worsening asset quality and recession expectations will hurt Zacks Major Regional Banks' near-term performance. Yet, industry players like JPM, BAC & BK are worth a look on restructuring and digitization initiatives.

Elevated Expenses to Hamper Schwab's (SCHW) Profitability

Schwab's (SCHW) expenses are going to remain elevated in the near term because of its inorganic growth efforts, thus hurting the bottom line.

Tirthankar Chakraborty headshot

Ignore SVB Fiasco, These 3 Banks Are on a Strong Footing

Even though SVB's debacle rattled the U.S. banking sector, The Bank of New York Mellon (BK), Northeast Community Bancorp (NECB) and SB Financial Group (SBFG) remain solid investment choices.

The Bank of New York Mellon Corporation (BK) Upgraded to Strong Buy: Here's Why

The Bank of New York Mellon Corporation (BK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Euronet (EEFT) Unit Ties Up to Boost Cambodia's Money Transfers

Euronet (EEFT) unit Ria Money Transfer teamed up with Cambodia-based ACLEDA to expand Ria's network and pave way for speedier money transfers to and from the country.

Signature Bank (SBNY) Reports Higher Deposits, Share Buybacks

Though the loan balance decline for Signature Bank (SBNY), higher deposit balance and sufficient liquidity are likely to aid the company's first-quarter results.