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The Bank of New York Mellon (BK)

(Delayed Data from NYSE)

$68.22 USD

+0.97 (1.44%)

Updated Aug 30, 2024 04:00 PM ET

After-Market: $68.21 -0.01 (-0.01%) 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
1	Strong Buy	23.68%
2	Buy	17.55%
3	Hold	9.21%
4	Sell	4.93%
5	Strong Sell	2.36%
S&P	500	10.96%

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1-Strong Buy of 5 1

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

F Value F Growth D Momentum F VGM

Industry Rank:

Top 8% (21 out of 250)

Industry: Banks - Major Regional

View All Zacks #1 Ranked Stocks

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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.

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

by Zacks Equity Research Published on March 16,2023

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.

BKPositive Net Change

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

by Zacks Equity Research Published on March 16,2023

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

finance

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

by Swayta Shah Published on March 16,2023

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.

finance

Elevated Expenses to Hamper Schwab's (SCHW) Profitability

by Zacks Equity Research Published on March 15,2023

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

finance

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

by Tirthankar Chakraborty Published on March 15,2023

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.

finance

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

by Zacks Equity Research Published on March 14,2023

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).

BKPositive Net Change

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

by Zacks Equity Research Published on March 10,2023

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.

finance

Signature Bank (SBNY) Reports Higher Deposits, Share Buybacks

by Zacks Equity Research Published on March 10,2023

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.

finance

Technological Innovations Aid SEI Investments (SEIC), Costs Ail

by Zacks Equity Research Published on March 07,2023

A diverse range of product offerings, strategic acquisitions and a robust AUM balance support SEI Investments' (SEIC) top-line growth. Yet, rising costs might hurt profits.

finance