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.
Company profile
Ticker
BK
Exchange
Website
CEO
Mr. Robin Antony Vince
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Bank of New York Mellon CORP
SEC CIK
Corporate docs
Subsidiaries
BNY International Financing Corporation • BNY Mellon Capital Markets, LLC • BNY Mellon Fund Management (Luxembourg) S.A. • BNY Mellon Fund Managers Limited • BNY Mellon IHC, LLC • BNY Mellon International • BNY Mellon Investment Management EMEA Limited • BNY Mellon Investment Management Europe Holdings Limited • BNY Mellon Investment Management (Jersey) Limited • BNY Mellon Investments Limited ...
BK stock data
Analyst ratings and price targets
Latest filings (excl ownership)
S-3
Shelf registration
18 Oct 24
8-K
BNY Reports Third Quarter 2024
11 Oct 24
N-PX
Annual report of proxy voting record
23 Aug 24
10-Q
2024 Q2
Quarterly report
2 Aug 24
8-K
Other Events
22 Jul 24
424B2
Prospectus for primary offering
16 Jul 24
424B2
Prospectus for primary offering
16 Jul 24
424B2
Prospectus for primary offering
16 Jul 24
424B2
Prospectus for primary offering
16 Jul 24
FWP
Free writing prospectus
15 Jul 24
Transcripts
BK
Earnings call transcript
2024 Q3
11 Oct 24
BK
Earnings call transcript
2024 Q2
12 Jul 24
BK
Earnings call transcript
2024 Q1
16 Apr 24
BK
Earnings call transcript
2023 Q4
12 Jan 24
BK
Earnings call transcript
2023 Q3
17 Oct 23
BK
Earnings call transcript
2023 Q2
18 Jul 23
BK
Earnings call transcript
2023 Q2
18 Jul 23
BK
Earnings call transcript
2023 Q1
18 Apr 23
BK
Earnings call transcript
2022 Q4
13 Jan 23
BK
Earnings call transcript
2022 Q3
17 Oct 22
Latest ownership filings
4
J Kevin McCarthy
17 Oct 24
4
Hanneke Smits
17 Oct 24
144
Notice of proposed sale of securities
15 Oct 24
144
Notice of proposed sale of securities
15 Oct 24
4
Jose Minaya
3 Oct 24
4
Joseph Echevarria
3 Oct 24
4
Jeffrey A Goldstein
3 Oct 24
4
RALPH IZZO
3 Oct 24
4
Elizabeth Robinson
3 Oct 24
SC 13G/A
WisdomTree Bitcoin Fund
10 Sep 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.34 bn | 7.34 bn | 7.34 bn | 7.34 bn | 7.34 bn | |
Cash burn (monthly) | (no burn) | 223.83 mm | 155.75 mm | (no burn) | (no burn) | |
Cash used (since last report) | n/a | 840.50 mm | 584.85 mm | n/a | n/a | |
Cash remaining | n/a | 6.50 bn | 6.75 bn | n/a | n/a | |
Runway (months of cash) | n/a | 29.0 | 43.4 | n/a | n/a |
Institutional ownership, Q3 2023
85.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1053 |
Opened positions | 100 |
Closed positions | 83 |
Increased positions | 372 |
Reduced positions | 373 |
13F shares | Current |
---|---|
Total value | 26.60 tn |
Total shares | 624.07 mm |
Total puts | 2.48 mm |
Total calls | 2.73 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 70.21 mm | $2.99 tn |
BLK BlackRock | 65.31 mm | $2.79 tn |
Dodge & Cox | 59.03 mm | $2.52 tn |
STT State Street | 32.17 mm | $1.37 tn |
Artisan Partners Limited Partnership | 19.65 mm | $838.05 bn |
Geode Capital Management | 16.83 mm | $716.38 bn |
First Eagle Investment Management | 16.24 mm | $692.69 bn |
Davis Selected Advisers | 13.00 mm | $554.30 bn |
Longview Partners | 12.59 mm | $537.12 bn |
FMR | 11.92 mm | $508.47 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Oct 24 | Hanneke Smits | Common Stock | Sell | Dispose S | No | No | 76.4735 | 16,474.58 | 1.26 mm | 157,455 |
15 Oct 24 | J Kevin McCarthy | Common Stock | Sell | Dispose S | No | No | 76.3149 | 25,000 | 1.91 mm | 75,403.81 |
1 Oct 24 | Robinson Elizabeth | Common Stock | Grant | Acquire A | No | No | 71.11 | 131.838 | 9.38 k | 4,538.015 |
1 Oct 24 | Ralph Izzo | Common Stock | Grant | Acquire A | No | No | 71.11 | 527.352 | 37.50 k | 13,318.147 |
1 Oct 24 | Goldstein Jeffrey A | Common Stock | Grant | Acquire A | No | No | 71.11 | 544.93 | 38.75 k | 38,568.464 |
News
10 Financials Stocks Whale Activity In Today's Session
21 Oct 24
Russell 2000 Poised For Major Technical Breakout: Analyst Eyes 'A Trend Reversal In Favor Of Small Caps Outperforming' S&P 500
16 Oct 24
Bank of New York Mellon Analysts Increase Their Forecasts After Upbeat Earnings
14 Oct 24
RBC Capital Reiterates Sector Perform on Bank of New York Mellon, Maintains $79 Price Target
14 Oct 24
Barclays Maintains Overweight on Bank of New York Mellon, Raises Price Target to $86
14 Oct 24
Press releases
BNY Declares Dividends
11 Oct 24
BNY Reports Third Quarter 2024 Results
11 Oct 24
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Dates of Quarterly Tender Offer
9 Oct 24
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
2 Oct 24
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
27 Sep 24