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Bank of New York Mellon Corp

BK.N

Latest Trade

42.30USD

Change

1.86(+4.60%)

Volume

1,851,450

Today's Range

41.61

 - 

42.96

52 Week Range

26.40

 - 

51.59

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
40.44
Open
42.89
Volume
1,851,450
3M AVG Volume
139.94
Today's High
42.96
Today's Low
41.61
52 Week High
51.59
52 Week Low
26.40
Shares Out (MIL)
885.44
Market Cap (MIL)
35,807.31
Forward P/E
11.02
Dividend (Yield %)
3.07

Next Event

Bank of New York Mellon Corp at Morgan Stanley Virtual US Financials Conference

Latest Developments

More

Trian Fund Management Cuts Stake In Bank Of New York Mellon

Wells Fargo Names Lester Owens As New Head Of Operations

Bank Of New York Mellon Issued $1.25 Billion Of Its 1.600% Senior Medium-Term Notes Series J Due 2025

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About Bank of New York Mellon Corp

The Bank of New York Mellon Corporation is a global investments company, which is focused on helping its clients manage and service their financial assets throughout the investment lifecycle. It provides financial services for institutions, corporations or individual investors. It allows clients to create, trade, hold, manage, service, distribute or restructure investments. It delivers Investment Management and Investment Services in 35 countries. It also has an Other segment, which includes the leasing portfolio, corporate treasury activities, derivatives and other trading, corporate and bank-owned life insurance and renewable energy investments, and business exits. As of September 30, 2018, the Company had $34.5 trillion in assets under custody and/or administration and $1.8 trillion in assets under management. It offers a range of actively managed equity and fixed income. It offers asset servicing, clearing services, issuer services and treasury services to its clients.

Industry

Regional Banks

Contact Info

240 Greenwich St

NEW YORK, NY

10007-2163

United States

+1.212.4951784

https://www.bnymellon.com/apac/en/home.jsp

Executive Leadership

Joseph J. Echevarria

Independent Non-Executive Chairman of the Board

Thomas P. Gibbons

Chief Executive Officer, Director

William M. Daley

Vice Chairman

Michael P. Santomassimo

Chief Financial Officer, Senior Executive Vice President

Bridget E. Engle

Senior Executive Vice President, Chief Information Officer

Key Stats

2.53 mean rating - 17 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

15.8K

2018

16.4K

2019

15.7K

2020(E)

15.5K
EPS (USD)

2017

3.550

2018

4.210

2019

4.020

2020(E)

3.665
Price To Earnings (TTM)
8.71
Price To Sales (TTM)
2.15
Price To Book (MRQ)
0.95
Price To Cash Flow (TTM)
6.31
Total Debt To Equity (MRQ)
105.21
LT Debt To Equity (MRQ)
70.57
Return on Investment (TTM)
--
Return on Equity (TTM)
1.10

Latest News

Latest News

BRIEF-Berkshire Hathaway Reports Open Market Sale Of 197,379 Shares Of Bank Of New York Mellon Corp On April 7 At Average Price Of $35.3069

* BERKSHIRE HATHAWAY INC REPORTS OPEN MARKET SALE OF 197,379 SHARES OF BANK OF NEW YORK MELLON CORP ON APRIL 7 AT AVERAGE PRICE OF $35.3069 - SEC FILING

UPDATE 1-BNY Mellon names interim head Gibbons as CEO

Bank of New York Mellon Corp on Monday named interim head Thomas Gibbons as chief executive officer, effective immediately.

UPDATE 2-BNY Mellon profit falls short on lower interest rates

Bank of New York Mellon Corp missed analysts' estimates for quarterly profit on Thursday, as the world's largest custodian bank earned less from its interest-earning assets due to rate cuts by the Federal Reserve.

BRIEF-Galp: Bank Of New York Mellon Decreases Its Holdings To Below 2%

* SAID ON FRIDAY THAT THE BANK OF NEW YORK MELLON CORPORATION'S SUBSIDIARIES BNY MELLON IHC, LLC AND MBC INVESTMENTS CORPORATION DECREASED THEIR HOLDINGS IN GALP’S VOTING RIGHTS TO BELOW THE 2% THRESHOLD

UPDATE 1-BNY Mellon beats profit estimates on cost controls

Bank of New York Mellon Corp reported a better-than-expected quarterly profit on Wednesday, as the world's largest custodian bank cut costs to counter weakness in its investment management business and lower interest rates.

BNY Mellon profit falls 7% on lower fees

Bank of New York Mellon Corp reported a 7% fall in quarterly profit on Wednesday, as the world's largest custodian bank earned lower fees and took a hit from a drop in interest rates.

Wells Fargo taps one-time Dimon protégé Scharf to lead turnaround

After a difficult, months-long search for a new chief executive, scandal-plagued Wells Fargo & Co <WFC.N> named as its next leader Charles Scharf, a one-time Jamie Dimon protégé known on Wall Street as a detail-oriented number cruncher who excels in streamlining operations...

REFILE-BRIEF-Bank Of New York Mellon Lost VanEck Associates As Client Of Its Servicing Business For Exchange-Traded Funds To State Street Corp - WSJ

* BANK OF NEW YORK MELLON CORP LOST VANECK ASSOCIATES AS A CLIENT OF ITS SERVICING BUSINESS FOR EXCHANGE-TRADED FUNDS TO RIVAL STATE STREET CORP - WSJ Source text : https://on.wsj.com/2HmPyPM Further company coverage:

UPDATE 2-BNY Mellon expects net interest revenue to drop again, shares slide

Bank of New York Mellon Corp said on Wednesday it expects net interest revenue to decline again in the current quarter as the world's largest custodian bank pays higher interest rates to attract deposits, sending its shares down 9 percent.

BNY Mellon sees 3-5 pct drop in Q2 net interest revenue, from Q1

Bank of New York Mellon Corp said it expects net interest revenue to fall between 3 and 5 percent in the second quarter, compared with the first, mostly due to higher interest paid on deposits.

BNY Mellon profit falls 20 pct on lower fee revenue

Bank of New York Mellon Corp reported a 20 percent fall in quarterly profit on Wednesday, as the world's largest custodian bank's fee revenue declined.

BNY Mellon puts brakes on changes in work-from-home rules for staff

Bank of New York Mellon Corp backed away on Thursday from changing rules relating to its staff working from home, after a call to reevaluate the option invited severe criticism from employees.

UPDATE 2-BNY Mellon profit beats estimates on higher fees, shares up

Bank of New York Mellon Corp beat Wall Street estimates for fourth-quarter profit on Wednesday, as it earned more in fees from servicing assets that clients keep with the bank and kept a tight lid on expenses.

BNY Mellon quarterly profit falls 26 percent

Bank of New York Mellon Corp on Wednesday reported a 26 percent fall in fourth-quarter profit from last year when it benefited from a one-time gain due to a change in U.S. tax laws.

BNY Mellon to pay more than $54 mln for improper handling of ADRs- SEC

The top U.S. securities regulator on Monday said that Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of "pre-released" American Depositary Receipts, U.S. securities representing foreign shares of a foreign company.

Sterling may fall to $1.10 if Britain fails to clinch Brexit deal - BNY Mellon

The British pound could rapidly slide to $1.10 if the United Kingdom crashes out of the European Union without a Brexit withdrawal arrangement, BNY Mellon's chief currencies strategist said on Tuesday.

MOVES-BNY Mellon names tech lead for wealth management

Bank of New York Mellon Corp on Wednesday named Avi Shua as technology lead for wealth management, effective immediately.

KPMG admits misconduct on BNY Mellon reports, says watchdog

KPMG and one of its partners have admitted to serious failings in compliance reports for Bank of New York Mellon <BK.N>, Britain's accountancy watchdog said, potentially leading to heavy fines as the auditor comes under unprecedented scrutiny.

MOVES-BNY Mellon names head of business development for hedge fund unit

Custodian bank Bank of New York Mellon Corp on Monday named Frank Anduiza head of business development at its hedge fund business.

UPDATE 3-BNY Mellon shares drop on client losses

* Shares down as much as 6 pct (Adds analyst comment, details from conference call; updates share move)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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