AI Spotlight on BK
Company Description
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally.The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments.The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics.
This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors.The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services.This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services.
The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services.The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services.It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices.
The company was founded in 1784 and is headquartered in New York, New York.
Market Data
Last Price | 86.5 |
Change Percentage | 0.53% |
Open | 86.73 |
Previous Close | 86.04 |
Market Cap ( Millions) | 62079 |
Volume | 2859263 |
Year High | 87.7 |
Year Low | 52.64 |
M A 50 | 79.85 |
M A 200 | 68.76 |
Financial Ratios
FCF Yield | -6.86% |
Dividend Yield | 2.12% |
ROE | 8.61% |
Debt / Equity | 80.73% |
Net Debt / EBIDTA | -1221.93% |
Price To Book | 1.52 |
Price Earnings Ratio | 18.01 |
Price To FCF | -14.59 |
Price To sales | 3.46 |
EV / EBITDA | -3.0 |
News
- Jan -30 - Carolyn Weinberg Joins BNY as Chief Solutions Innovation Officer
- Jan -24 - BNY to Speak at the BofA Securities Financial Services Conference
- Jan -23 - BNY to Speak at the UBS Financial Services Conference
- Jan -16 - Bank Of New York Mellon's Differentiated Business Mix And NII Growth Signal Upside: Goldman Sachs
- Jan -16 - BNY Mellon Stock Up 8% on Q4 Earnings Beat, AUM & Fee Income Rise
- Jan -15 - The Bank of New York Mellon Corporation (BK) Q4 2024 Earnings Call Transcript
- Jan -15 - BNY Mellon Stock Gains on Q4 Earnings Beat, Revenues & AUM Rise Y/Y
- Jan -15 - Bank of New York Mellon Profit Climbs on Higher Fee Revenue, Lower Costs
- Jan -15 - BNY Stock Soars on Higher Fee Revenue, Lower Expenses
- Jan -15 - Here's What Key Metrics Tell Us About The Bank of New York Mellon (BK) Q4 Earnings
- Jan -15 - The Bank of New York Mellon Corporation (BK) Beats Q4 Earnings and Revenue Estimates
- Jan -15 - BNY Declares Dividends
- Jan -15 - BNY Reports Fourth Quarter 2024 Results
- Jan -13 - Rise in Fee Income to Aid BNY Mellon's Q4 Earnings, Weak NII to Hurt
- Jan -07 - Bank of New York Mellon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
- Jan -03 - Major Regional Bank Industry Healthy: 4 Stocks to Gain in 2025
- Dec -30 - S&P 500 Banks Perform Well in 2024: 5 Stocks Worth Considering
- Dec -27 - 2025 Might Be Great for Banks: 3 Stocks to Invest in Now
- Dec -18 - BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Quarterly Distribution and Special Year-End Distributions
- Dec -17 - 3 Financial Stocks to Secure Your Investments Before Year-End
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Securities Services
Expected Growth : 2.5 %
What the company do ?
Securities Services from The Bank of New York Mellon Corporation provides custody, accounting, and securities lending services to institutional investors, helping them to manage and optimize their portfolios.
Why we expect these perspectives ?
The 2.5% growth in Securities Services from The Bank of New York Mellon Corporation is driven by increasing demand for custody and fund administration services, growth in assets under management, and expansion into new markets. Additionally, the segment benefits from the trend towards outsourcing and the need for institutional investors to optimize their investment operations.
Segment nΒ°2 -> Market and Wealth Services
Expected Growth : 2.8 %
What the company do ?
Market and Wealth Services from The Bank of New York Mellon Corporation provides investment servicing and wealth management solutions to institutional clients and individual investors.
Why we expect these perspectives ?
The 2.8% growth in Market and Wealth Services at The Bank of New York Mellon Corporation is driven by increasing demand for custody and investment services, growth in assets under management, and expansion into new markets. Additionally, the segment benefits from the bank's strong brand reputation, strategic acquisitions, and investments in digital platforms and technology.
Segment nΒ°3 -> Investment and Wealth Management
Expected Growth : 3.2 %
What the company do ?
The Bank of New York Mellon Corporation's Investment and Wealth Management segment provides investment management, wealth management, and related services to individuals, families, and institutions.
Why we expect these perspectives ?
The 3.2% growth in Investment and Wealth Management at The Bank of New York Mellon Corporation is driven by increasing demand for institutional investment services, growth in assets under management, and expansion of wealth management offerings. Additionally, strategic acquisitions and partnerships have enhanced the segment's capabilities, contributing to its growth.
Segment nΒ°4 -> Other
Expected Growth : 2.2 %
What the company do ?
The 'Other' segment from The Bank of New York Mellon Corporation refers to the aggregation of non-core businesses, including consumer lending, treasury services, and corporate trust.
Why we expect these perspectives ?
The 2.2% growth in Other segment of The Bank of New York Mellon Corporation is driven by increasing demand for treasury services, growth in global markets and investment management, and expansion of securities lending and borrowing activities, as well as rising interest rates and foreign exchange revenue.
The Bank Of New York Mellon Corporation Products
Product Range | What is it ? |
---|---|
Investment Servicing | Provides custody, accounting, and administrative services to support investment managers and their clients |
Wealth Management | Offers investment management, wealth planning, and private banking services to high net worth individuals and families |
Corporate Trust | Provides trust and agency services to corporations, governments, and financial institutions |
Depositary Receipts | Issues and administers American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) for non-US companies |
Treasury Services | Provides cash management, trade finance, and escrow services to corporations and financial institutions |
Markets | Offers foreign exchange, securities lending, and collateral management services to institutional clients |
Digital | Develops and provides digital solutions for investment servicing, wealth management, and treasury services |
The Bank of New York Mellon Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for The Bank of New York Mellon Corporation is medium due to the presence of alternative financial institutions and digital payment systems.
Bargaining Power Of Customers
The bargaining power of customers for The Bank of New York Mellon Corporation is low due to the complexity of financial services and the lack of price sensitivity among customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for The Bank of New York Mellon Corporation is low due to the availability of multiple suppliers and the lack of concentration in the supply chain.
Threat Of New Entrants
The threat of new entrants for The Bank of New York Mellon Corporation is low due to the high barriers to entry in the financial services industry, including regulatory hurdles and capital requirements.
Intensity Of Rivalry
The intensity of rivalry for The Bank of New York Mellon Corporation is high due to the presence of multiple competitors in the financial services industry, leading to a highly competitive market.
Capital Structure
Value | |
---|---|
Debt Weight | 61.33% |
Debt Cost | 4.38% |
Equity Weight | 38.67% |
Equity Cost | 9.46% |
WACC | 6.34% |
Leverage | 158.62% |
The Bank of New York Mellon Corporation : Quality Control
The Bank of New York Mellon Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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BLK | BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, β¦ |
AMP | Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & β¦ |
BX | Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. β¦ |
KKR | KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit β¦ |