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Bank of New York Mellon Corp

BK.N

Latest Trade

46.48USD

Change

0.10(+0.22%)

Volume

45,714

Today's Range

46.04

 - 

46.49

52 Week Range

40.53

 - 

54.27

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

Pricing

Previous Close
46.38
Open
46.08
Volume
45,714
3M AVG Volume
97.39
Today's High
46.49
Today's Low
46.04
52 Week High
54.27
52 Week Low
40.53
Shares Out (MIL)
942.66
Market Cap (MIL)
43,720.66
Forward P/E
11.82
Dividend (Yield %)
2.67

Next Event

Q3 2019 Bank of New York Mellon Corp Earnings Call

Latest Developments

More

Bank Of New York Mellon Says Co, Bloomberg Announce Strategic Alliance Further Integrating Co's Data, Analytics, And Servicing Capabilities With Aim

Trian Fund Management Cuts Share Stake In Bank Of New York Mellon Corp

Galp: The Bank Of New York Mellon Corp Decreases Its Indirect Holdings To 1.92%

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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

+1.212.4951784

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

Executive Leadership

Charles W. Scharf

Chairman and Chief Executive Officer

William M. Daley

Vice Chairman

Thomas P. Gibbons

Vice Chairman and Chief Executive Officer of Clearing, Markets and Client Management

Michael P. Santomassimo

Chief Financial Officer, Senior Executive Vice President

Monique R. Herena

Chief Human Resource Officer, Senior Executive Vice President

Key Stats

3.14 mean rating - 21 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

15.2K

2017

15.8K

2018

16.4K

2019(E)

15.7K
EPS (USD)

2016

3.170

2017

3.550

2018

4.210

2019(E)

3.926
Price To Earnings (TTM)
12.39
Price To Sales (TTM)
2.75
Price To Book (MRQ)
1.15
Price To Cash Flow (TTM)
8.77
Total Debt To Equity (MRQ)
122.25
LT Debt To Equity (MRQ)
72.53
Return on Investment (TTM)
--
Return on Equity (TTM)
1.05

Latest News

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:

BNY Mellon bank must face lawsuit over 'imprudent' trust investments - ruling

A federal judge in Pittsburgh has rejected a bid by a Bank of New York Mellon unit to dismiss a proposed class action accusing it of imprudently investing thousands of trusts' assets in poorly performing mutual funds managed by an affiliate.

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 percent drop in second-quarter net interest revenue, from first quarter

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 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.

Alabama couple sues Wells Fargo, BNY over website 'spoofing' fraud

An Alabama couple who allege they lost $650,000 to fraudsters selling purported certificates of deposit on a fake bank of New York Mellon website have sued the bank and Wells Fargo, which allegedly processed a wire transfer to the criminals.

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.

BNY Mellon profit beats estimates on higher fees, shares up

Bank of New York Mellon Corp <BK.N> 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 million for improper handling of ADRs: SEC

The top U.S. securities regulator on Monday said that Bank of New York Mellon <BK.N> 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.

BNY Mellon shares drop on client losses

Bank of New York Mellon Corp's <BK.N> second-quarter outflows more than doubled, as the world's largest custodian bank said it lost two clients and warned that the departures would impact results in the next few quarters.

BNY Mellon reports 14 pct rise in second-quarter profit

Bank of New York Mellon Corp reported a 14 percent rise in second-quarter profit on Thursday, helped by higher fee revenue and lower income tax provision.

MOVES-ICICI Securities, Legal & General Investment, BNY Mellon

The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com.

BRIEF-Bny Mellon Reports First Quarter 2018 Earnings Of $1.14 Billion Or $1.10 Per Common Share

* BNY MELLON REPORTS FIRST QUARTER 2018 EARNINGS OF $1.14 BILLION OR $1.10 PER COMMON SHARE

BRIEF-Steven Black Elected To BNY Mellon Board Of Directors

* BANK OF NEW YORK MELLON - WITH ADDITION OF BLACK, BOARD WILL HAVE 12 DIRECTORS Source text for Eikon: Further company coverage:

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

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