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The Bank of New York Mellon (BK)

(Delayed Data from NYSE)

$65.35 USD

65.35
3,898,661

+0.54 (0.83%)

Updated Jul 26, 2024 04:00 PM ET

After-Market: $65.35 0.00 (0.00%) 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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%.

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Top 8% (19 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.

Why Is The Bank of New York Mellon Corporation (BK) Down 10.1% Since Last Earnings Report?

The Bank of New York Mellon Corporation (BK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Mark Vickery headshot

On Breaking Losing Streaks, Debt-Ceiling Defaults & More

We're seeing relative stability of late, and not only in the equities markets.

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

Synchrony Financial (SYF) Q1 Earnings Miss on Elevated Expenses

Synchrony Financial's (SYF) Q1 results hurt by escalating employee costs and lower average active accounts, partly offset by record purchase volume and improved net interest income.

Company News for Apr 19, 2023

Companies in The News Are: BAC,LMT,BK,JBHT

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

The Bank of New York Mellon Corporation (BK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for The Bank of New York Mellon Corporation (BK) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

The Bank of New York Mellon Corporation (BK) Surpasses Q1 Earnings and Revenue Estimates

The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 3.67% and 0.36%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

BNY Mellon (BK) Q1 Earnings Beat Estimates on Higher Revenues

BNY Mellon (BK) records a rise in revenues and higher expenses in the first quarter of 2023.

U.S. Bancorp (USB) to Report Q1 Earnings: What's in Store?

U.S. Bancorp's (USB) Q1 NII is likely to have been supported by a decent rise in loan balances and higher interest rates. Yet, expectations of declining fee income and rising expenses are headwinds.

What's in Store for Citizens Financial (CFG) in Q1 Earnings?

A decline in loan balances amid an unstable economic backdrop is likely to have hurt Citizens Financials' (CFG) Q1 earnings. Also, expenses are expected to have risen sequentially.

Key Factors to Know Ahead of Comerica's (CMA) Q1 Earnings?

Comerica's (CMA) first-quarter 2023 earnings arelikely to have been affected by declining NII and non-interest income. Also, allowance for credit losses is expected to have increased in an unfavorable economy.

Trading to Aid Goldman's (GS) Q1 Earnings, IB & Costs to Hurt

Robust trading and higher interest rates are expected to have aided Goldman's (GS) Q1 earnings amid a softer IB backdrop and rising expenses.

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

The Bank of New York Mellon Corporation (BK) closed at $46.36 in the latest trading session, marking a +0.35% move from the prior day.

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5 U.S. Giants Set to Beat on Q1 Earnings Next Week

We have narrowed our search to five U.S. corporate bigwigs that are set to report first-quarter 2023 earnings results next week. These are: BK, TSLA, DFS, STT and NDAQ.

Higher Rates, Loan Growth to Aid BNY Mellon's (BK) Q1 Earnings

BNY Mellon's (BK) interest income is expected to have increased in the first quarter of 2023, supported by loan growth and higher interest rates.

Higher Rates, Loan Growth to Aid KeyCorp's (KEY) Q1 Earnings

KeyCorp (KEY) is expected to have recorded an increase in interest income in the first quarter of 2023, driven by higher rates and loan growth.

Trading, Higher Rates to Aid Morgan Stanley's (MS) Q1 Earnings

Increased market volatility is expected to have positively impacted Morgan Stanley's (MS) first-quarter 2023 trading revenues.

U.S. Bancorp (USB) Reports Next Week: Wall Street Expects Earnings Growth

U.S. Bancorp (USB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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.