Bank Of New York Mellon (BK)

Company Profile

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Sept. 30, 2020, BNY Mellon had $38.6 trillionin assets under custody and/or administration, and $2.0 trillionin assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.

Company profile

Ticker

Exchange

NYSE

Website

www.bnymellon.com

CEO

Thomas Gibbons

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Citizens Financial • Ally Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Associated Banc-Corp. • SVB Financial • Commerce Bancshares • First Citizens Bancshares, Inc • Hancock Whitney ...

Former names

Bank of New York Mellon CORP

SEC CIK

0001390777

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

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

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$48.50

Low target

$46.00

High target

$51.00

Latest filings (excl ownership)

View all

8-K

BNY Mellon Announces CME Term SOFR as Benchmark Replacement Rate for Outstanding

5 May 23

Prospectus supplement for primary offering

20 Apr 23

424B5

Prospectus supplement for primary offering

20 Apr 23

FWP

Free writing prospectus

19 Apr 23

FWP

Free writing prospectus

19 Apr 23

424B5

Prospectus supplement for primary offering

19 Apr 23

8-K

Bny Mellon Reports First Quarter 2023 Earnings of

18 Apr 23

S-8

Registration of securities for employees

14 Apr 23

Transcripts

View all

Earnings call transcript

2023 Q1

18 Apr 23

Earnings call transcript

2022 Q4

13 Jan 23

Earnings call transcript

2022 Q3

17 Oct 22

Earnings call transcript

2022 Q2

15 Jul 22

Earnings call transcript

2022 Q1

18 Apr 22

Earnings call transcript

2021 Q4

18 Jan 22

Earnings call transcript

2021 Q3

19 Oct 21

Earnings call transcript

2021 Q2

15 Jul 21

Earnings call transcript

2021 Q1

16 Apr 21

Earnings call transcript

2020 Q4

20 Jan 21

Latest ownership filings

View all

SC 13G/A

Hartford Funds Exchange-Traded Trust

9 Jun 23

SC 13G

Invesco Exchange-Traded Fund Trust II

9 May 23

SC 13G/A

Hartford Funds Exchange-Traded Trust

9 May 23

13F-HR

Quarterly holdings report by institutional manager

9 May 23

13F-HR/A

Quarterly holdings report by institutional manager (amended)

28 Apr 23

13F-HR/A

Quarterly holdings report by institutional manager (amended)

28 Apr 23

13F-HR/A

Quarterly holdings report by institutional manager (amended)

Financial summary

Financial statements Chart BK financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	10.02 bn	10.02 bn	10.02 bn	10.02 bn	10.02 bn	10.02 bn
Cash burn (monthly)	502.00 mm	(no burn)	601.67 mm	499.42 mm	(no burn)	(no burn)
Cash used (since last report)	1.16 bn	n/a	1.40 bn	1.16 bn	n/a	n/a
Cash remaining	8.86 bn	n/a	8.63 bn	8.86 bn	n/a	n/a
Runway (months of cash)	17.6	n/a	14.3	17.8	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

BK institutional ownership history Ownership history

80.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1082	1089	-0.6%
Opened positions	110	172	-36.0%
Closed positions	117	83	+41.0%
Increased positions	422	359	+17.5%
Reduced positions	355	368	-3.5%

13F shares	Current	Prev Q	Change
Total value	28.84 tn	30.83 tn	-6.4%
Total shares	636.19 mm	676.96 mm	-6.0%
Total puts	3.39 mm	2.33 mm	+45.5%
Total calls	2.65 mm	1.84 mm	+44.3%
Total put/call ratio	1.3	1.3	+0.8%

Largest owners	Shares	Value	Change
Vanguard	72.58 mm	$3.30 tn	+3.5%
BLK Blackrock	65.99 mm	$3.00 tn	+2.2%
Dodge & Cox	59.83 mm	$2.72 tn	+0.0%
STT State Street	30.91 mm	$1.40 tn	-4.4%
Artisan Partners Limited Partnership	20.43 mm	$928.28 bn	-4.2%
FMR	18.01 mm	$818.23 bn	+32.0%
First Eagle Investment Management	16.79 mm	$763.08 bn	-2.0%
Geode Capital Management	15.30 mm	$693.75 bn	+1.5%
Davis Selected Advisers	13.01 mm	$590.98 bn	-1.2%
Longview Partners	12.46 mm	$566.16 bn	+3.4%

Largest transactions	Shares	Bought/sold	Change
BRK.A Berkshire Hathaway	0.00	-25.07 mm	EXIT
Norges Bank	0.00	-11.06 mm	EXIT
Millennium Management	0.00	-8.02 mm	EXIT
FMR	18.01 mm	+4.37 mm	+32.0%
Marshall Wace	6.95 mm	+4.32 mm	+164.7%
American Century Companies	11.31 mm	-3.73 mm	-24.8%
Citadel Advisors	4.74 mm	-3.00 mm	-38.8%
Parnassus Investments	5.39 mm	+2.94 mm	+120.3%
Vanguard	72.58 mm	+2.46 mm	+3.5%
HoldCo Asset Management	0.00	-2.40 mm	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
19 Apr 23	Goldstein Jeffrey A	Deferred Stock Units Common Stock	Grant	Acquire A	No	No	4,090	39,448.534
19 Apr 23	Marguerite Amy Gilliland	Deferred Stock Units Common Stock	Grant	Acquire A	No	No	4,090	12,373.75
19 Apr 23	Echevarria Joseph	Deferred Stock Units Common Stock	Grant	Acquire A	No	No	4,090	34,706.655
19 Apr 23	Cook Linda Z	Deferred Stock Units Common Stock	Grant	Acquire A	No	No	4,090	27,279.042
19 Apr 23	Ralph Izzo	Deferred Stock Units Common Stock	Grant	Acquire A	No	No	4,090	12,373.75