Ticker
BK

Price
57.02
Stock movement up
+0.28 (0.49%)
Company name
Bank of New York Mellon
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Asset Management
Market cap
45.60B
Ent value
296.68B
Price/Sales
2.84
Price/Book
1.12
Div yield
2.95%
Div growth
8.72%
Growth years
10
FCF payout
22.29%
Trailing P/E
17.72
Forward P/E
10.50
PEG
-
EPS growth
-5.24%
1 year return
27.05%
3 year return
6.07%
5 year return
2.08%
10 year return
4.92%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.68
Dividend yield2.95%
Payout frequencyQuarterly
Maximum yield4.51%
Average yield3.05%
Minimum yield2.10%
Discount to avg yield-3.47%
Upside potential-3.35%
Yield as % of max yield65.32%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.95%
Current yield distribution55.87%
Yield at 100% (Min)2.10%
Yield at 90%2.46%
Yield at 80%2.62%
Yield at 50% (Median)3.03%
Yield at 20%3.46%
Yield at 10%3.68%
Yield at 0% (Max)4.51%

Dividend per share

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Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share1.68
Payout frequencyQuarterly
Ex-div date19 Jan 2024
EPS (TTM)3.15
EPS (1y forward)5.43
EPS growth (5y)-5.24%
EPS growth (5y forward)-0.18%

Dividend growth

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Dividend growth data
BKS&P500
DGR MR13.51%-16.32%
DGR TTM12.41%4.05%
DGR 3 years8.41%5.24%
DGR 5 years8.72%5.40%
DGR 10 years10.54%7.07%
DGR 15 years3.38%6.12%
Time since last change announced277 days
EPS growth (5y)-5.24%
EPS growth (5y forward)-0.18%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM53.48%22.29%
Average--
Forward30.94%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E17.72
Price to OCF3.03
Price to FCF7.39
Price to EBITDA14.48
EV to EBITDA94.18

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.84
Price to Book1.12
EV to Sales18.50

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FINANCIALS

Per share

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Per share data
Current share count799.68M
EPS (TTM)3.15
FCF per share (TTM)7.57

Income statement

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Income statement data
Revenue (TTM)16.03B
Gross profit (TTM)10.99B
Operating income (TTM)195.00M
Net income (TTM)2.57B
EPS (TTM)3.15
EPS (1y forward)5.43

Margins

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Margins data
Gross margin (TTM)68.57%
Operating margin (TTM)1.22%
Profit margin (TTM)16.05%

Balance Sheet

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Balance Sheet data
Cash113.85B
Net receivables858.00M
Total current assets0.00
Goodwill16.15B
Intangible assets2.90B
Property, plant and equipment0.00
Total assets405.78B
Accounts payable23.43B
Short/Current long term debt30.86B
Total current liabilities0.00
Total liabilities364.93B
Shareholder's equity40.85B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)15.07B
Capital expenditures (TTM)1.35B
Free cash flow (TTM)6.17B
Dividends paid (TTM)1.38B

Financial returns

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Financial returns data
Return on Equity6.30%
Return on Assets0.63%
Return on Invested Capital3.59%
Cash Return on Invested Capital8.61%

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STOCK INFORMATION

Stock chart

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Stock price data
Open56.97
Daily high57.33
Daily low56.69
Daily Volume3.56M
All-time high63.66
1y analyst estimate56.47
Beta1.09
EPS (TTM)3.15
Dividend per share1.68
Ex-div date19 Jan 2024
Next earnings date16 Apr 2024

Downside potential

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Downside potential data
BKS&P500
Current price drop from All-time high-10.43%-0.85%
Highest price drop-71.82%-56.47%
Date of highest drop25 Nov 20119 Mar 2009
Avg drop from high-29.97%-11.35%
Avg time to new high38 days13 days
Max time to new high5327 days1805 days
COMPANY DETAILS
BK (Bank of New York Mellon) company logo
Marketcap
45.60B
Marketcap category
Large-cap
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, 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. 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.
Employees
51700
SEC filings
CEO
Thomas Gibbons
Country
USA
City
New York
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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