The Bank of New York Mellon Corporation (BK) Stock

About The Bank of New York Mellon Corporation

The Bank of New York Mellon Corporation (BK) operates as a global financial services leader, delivering a comprehensive suite of financial solutions both within the United States and internationally. The company organizes its operations into four primary business divisions: Securities Services, Market and Wealth Services, Investment and Wealth Management, and an "Other" segment. The Securities Services division provides asset safeguarding, trust and depositary functions, fund accounting, and administration for exchange-traded funds. It also offers middle-office support, transfer agency services, specialized solutions for private equity and real estate funds, foreign exchange facilitation, securities lending activities, liquidity and lending services, prime brokerage, and data analytics. Furthermore, this segment encompasses roles such as trustee, paying agent, fiduciary, and escrow agent, alongside issuer services and various support mechanisms for brokers and investors. The Market and Wealth Services segment provides clearing and custody services, alongside investment, wealth, and retirement planning solutions. It delivers technology and enterprise data management capabilities, trading platforms, prime brokerage, and comprehensive clearance and collateral management. This segment is also responsible for integrated cash management solutions, which include payments, foreign exchange, liquidity management, efficient processing of receivables and payables, and trade finance and processing services. The Investment and Wealth Management division focuses on crafting and distributing investment management strategies. It offers core investment management, custody, comprehensive wealth and estate planning, private banking, and information management services. Finally, the Other segment encompasses areas such as leasing, corporate treasury operations, derivative and other trading activities, corporate and bank-owned life insurance, renewable energy investments, and business exit strategies. BNY Mellon's diverse clientele spans central banks, sovereign entities, financial institutions, asset managers, insurance providers, corporations, local governmental authorities, as well as high-net-worth individuals and family offices. Established in 1784, the company maintains its headquarters in New York, New York.

The Bank of New York Mellon Corporation (BK) stock trades at $141.91 with a market capitalization of $97.40B. The stock is valued at a price-to-earnings (P/E) ratio of 19.15, price-to-book of 2.20, price-to-sales of 2.41. Over the past 52 weeks the stock has ranged between $77.48 and $141.91, and currently trades at its 52-week high.

On profitability, The Bank of New York Mellon Corporation generates a return on equity (ROE) of 12.52%, above the typical market average, return on capital employed of 15.75%, an operating margin of 18.58%, a net profit margin of 14.66%.

In its most recent fiscal year, The Bank of New York Mellon Corporation reported annual revenue of $40.4B, net profit of $5.5B, revenue has compounded at 19.5% a year over the last five years, profit at 8.9% a year.

The balance sheet shows a debt-to-equity ratio of 1.19, a current ratio of 0.70, total assets of $472.3B, $131.5B in cash and equivalents.

BK has an average daily trading volume of 3,673,908 shares, a beta of 1.07.

Official website: www.bny.com/corporate/global/en.html