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Also traded in: Argentina, Brazil, Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 3.09
BK's Cash to Debt is ranked lower than
66% of the 1552 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. BK: 3.09 )
Ranked among companies with meaningful Cash to Debt only.
BK' s Cash to Debt Range Over the Past 10 Years
Min: 1.22  Med: 1.81 Max: 7.09
Current: 3.09
1.22
7.09
Equity to Asset 0.12
BK's Equity to Asset is ranked lower than
94% of the 1426 Companies
in the Global Asset Management industry.

( Industry Median: 0.84 vs. BK: 0.12 )
Ranked among companies with meaningful Equity to Asset only.
BK' s Equity to Asset Range Over the Past 10 Years
Min: 0.07  Med: 0.1 Max: 0.15
Current: 0.12
0.07
0.15
Interest Coverage 10.67
BK's Interest Coverage is ranked lower than
74% of the 1412 Companies
in the Global Asset Management industry.

( Industry Median: 708.29 vs. BK: 10.67 )
Ranked among companies with meaningful Interest Coverage only.
BK' s Interest Coverage Range Over the Past 10 Years
Min: 0.73  Med: 5.99 Max: 12.87
Current: 10.67
0.73
12.87
F-Score: 4
M-Score: -2.55
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 31.01
BK's Operating margin (%) is ranked lower than
58% of the 1444 Companies
in the Global Asset Management industry.

( Industry Median: 47.43 vs. BK: 31.01 )
Ranked among companies with meaningful Operating margin (%) only.
BK' s Operating margin (%) Range Over the Past 10 Years
Min: -28.85  Med: 24.83 Max: 31.01
Current: 31.01
-28.85
31.01
Net-margin (%) 23.28
BK's Net-margin (%) is ranked lower than
57% of the 1447 Companies
in the Global Asset Management industry.

( Industry Median: 36.54 vs. BK: 23.28 )
Ranked among companies with meaningful Net-margin (%) only.
BK' s Net-margin (%) Range Over the Past 10 Years
Min: -14.16  Med: 16.88 Max: 23.28
Current: 23.28
-14.16
23.28
ROE (%) 8.75
BK's ROE (%) is ranked higher than
65% of the 1551 Companies
in the Global Asset Management industry.

( Industry Median: 4.09 vs. BK: 8.75 )
Ranked among companies with meaningful ROE (%) only.
BK' s ROE (%) Range Over the Past 10 Years
Min: -4.79  Med: 7.25 Max: 9.99
Current: 8.75
-4.79
9.99
ROA (%) 0.96
BK's ROA (%) is ranked lower than
59% of the 1583 Companies
in the Global Asset Management industry.

( Industry Median: 2.16 vs. BK: 0.96 )
Ranked among companies with meaningful ROA (%) only.
BK' s ROA (%) Range Over the Past 10 Years
Min: -0.48  Med: 0.76 Max: 1.36
Current: 0.96
-0.48
1.36
Revenue Growth (3Y)(%) 2.90
BK's Revenue Growth (3Y)(%) is ranked higher than
55% of the 1020 Companies
in the Global Asset Management industry.

( Industry Median: 0.40 vs. BK: 2.90 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
BK' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -11.7  Med: 4.5 Max: 24.1
Current: 2.9
-11.7
24.1
EBITDA Growth (3Y)(%) 1.10
BK's EBITDA Growth (3Y)(%) is ranked higher than
51% of the 858 Companies
in the Global Asset Management industry.

( Industry Median: 0.20 vs. BK: 1.10 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
BK' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -18.9  Med: 5.9 Max: 13.6
Current: 1.1
-18.9
13.6
EPS Growth (3Y)(%) 22.10
BK's EPS Growth (3Y)(%) is ranked higher than
73% of the 771 Companies
in the Global Asset Management industry.

( Industry Median: 3.00 vs. BK: 22.10 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
BK' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -24.4  Med: 5.8 Max: 22.1
Current: 22.1
-24.4
22.1
GuruFocus has detected 5 Warning Signs with Bank of New York Mellon Corp $BK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» BK's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

BK Guru Trades in Q1 2016

Tweedy Browne Global Value 1,315,780 sh (New)
Caxton Associates 125,000 sh (New)
Jim Simons 964,377 sh (+516.31%)
Tweedy Browne 5,114,085 sh (+40.79%)
Charles Brandes 3,909,523 sh (+14.99%)
John Rogers 112,970 sh (+5.27%)
Warren Buffett 20,827,212 sh (+3.56%)
Robert Olstein 209,000 sh (+1.46%)
First Eagle Investment 23,608,420 sh (+1.04%)
Mario Gabelli 6,162,327 sh (+1.02%)
Murray Stahl 37,620 sh (+0.48%)
Keeley Asset Management Corp 5,742 sh (+0.02%)
Yacktman Fund 3,800,000 sh (unchged)
Yacktman Focused Fund 1,300,000 sh (unchged)
HOTCHKIS & WILEY Sold Out
Andreas Halvorsen Sold Out
Donald Yacktman 5,945,040 sh (-0.14%)
Jeff Auxier 315,979 sh (-0.41%)
Dodge & Cox 54,047,847 sh (-0.44%)
T Rowe Price Equity Income Fund 4,797,500 sh (-0.47%)
Bill Nygren 6,320,000 sh (-2.02%)
David Dreman 40,130 sh (-2.58%)
NWQ Managers 129,945 sh (-3.22%)
John Buckingham 154,352 sh (-5.02%)
Chris Davis 20,701,094 sh (-8.63%)
Ken Fisher 10,549 sh (-10.00%)
Third Avenue Management 2,450,542 sh (-15.75%)
Paul Tudor Jones 8,000 sh (-38.93%)
Larry Robbins 382,107 sh (-75.54%)
Martin Whitman 2,179,613 sh (-4.38%)
» More
Q2 2016

BK Guru Trades in Q2 2016

Pioneer Investments 786,616 sh (New)
David Dreman 60,499 sh (+50.76%)
Paul Tudor Jones 9,700 sh (+21.25%)
Dodge & Cox 55,928,092 sh (+3.48%)
First Eagle Investment 23,923,008 sh (+1.33%)
T Rowe Price Equity Income Fund 4,850,000 sh (+1.09%)
Donald Yacktman 5,980,155 sh (+0.59%)
Tweedy Browne Global Value 1,315,780 sh (unchged)
Yacktman Focused Fund 1,300,000 sh (unchged)
Yacktman Fund 3,800,000 sh (unchged)
Robert Olstein 209,000 sh (unchged)
Caxton Associates 125,000 sh (unchged)
John Rogers 112,970 sh (unchged)
Warren Buffett 20,827,212 sh (unchged)
Murray Stahl 37,620 sh (unchged)
Bill Nygren 6,320,000 sh (unchged)
Keeley Asset Management Corp Sold Out
NWQ Managers Sold Out
Jim Simons Sold Out
Larry Robbins Sold Out
Jeff Auxier 315,829 sh (-0.05%)
Tweedy Browne 5,102,662 sh (-0.22%)
Mario Gabelli 6,078,835 sh (-1.35%)
Charles Brandes 3,853,681 sh (-1.43%)
John Buckingham 147,650 sh (-4.34%)
Chris Davis 19,790,665 sh (-4.40%)
Ken Fisher 9,335 sh (-11.51%)
Third Avenue Management 2,053,648 sh (-16.20%)
Martin Whitman 2,114,713 sh (-2.98%)
» More
Q3 2016

BK Guru Trades in Q3 2016

Ray Dalio 106,000 sh (New)
Jim Simons 141,377 sh (New)
Steven Cohen 546,000 sh (New)
Joel Greenblatt 6,410 sh (New)
Paul Tudor Jones 207,623 sh (+2040.44%)
Pioneer Investments 1,181,491 sh (+50.20%)
Chris Davis 21,505,937 sh (+8.67%)
Ken Fisher 9,715 sh (+4.07%)
Warren Buffett 21,136,712 sh (+1.49%)
Dodge & Cox 56,537,289 sh (+1.09%)
Tweedy Browne Global Value 1,315,780 sh (unchged)
Yacktman Fund 3,800,000 sh (unchged)
Robert Olstein 209,000 sh (unchged)
John Rogers 112,970 sh (unchged)
Bill Nygren 6,320,000 sh (unchged)
Caxton Associates Sold Out
First Eagle Investment 23,886,119 sh (-0.15%)
Murray Stahl 37,420 sh (-0.53%)
Third Avenue Management 2,034,401 sh (-0.94%)
Jeff Auxier 312,129 sh (-1.17%)
Donald Yacktman 5,870,692 sh (-1.83%)
John Buckingham 144,466 sh (-2.16%)
Mario Gabelli 5,944,248 sh (-2.21%)
Charles Brandes 3,766,740 sh (-2.26%)
David Dreman 58,637 sh (-3.08%)
Yacktman Focused Fund 1,200,000 sh (-7.69%)
Tweedy Browne 4,518,942 sh (-11.44%)
T Rowe Price Equity Income Fund 4,225,000 sh (-12.89%)
Martin Whitman 1,771,413 sh (-16.23%)
» More
Q4 2016

BK Guru Trades in Q4 2016

Jim Simons 3,686,777 sh (+2507.76%)
Paul Tudor Jones 431,837 sh (+107.99%)
Ray Dalio 130,800 sh (+23.40%)
Pioneer Investments 1,425,518 sh (+20.65%)
Tweedy Browne 4,702,087 sh (+4.05%)
Warren Buffett 21,671,969 sh (+2.53%)
Murray Stahl 37,572 sh (+0.41%)
Tweedy Browne Global Value 1,315,780 sh (unchged)
John Rogers 112,970 sh (unchged)
Martin Whitman 1,771,413 sh (unchged)
Steven Cohen Sold Out
John Buckingham 143,099 sh (-0.95%)
T Rowe Price Equity Income Fund 4,175,000 sh (-1.18%)
Chris Davis 21,230,205 sh (-1.28%)
Joel Greenblatt 6,319 sh (-1.42%)
Mario Gabelli 5,782,252 sh (-2.73%)
Charles Brandes 3,628,601 sh (-3.67%)
First Eagle Investment 21,950,143 sh (-8.11%)
Ken Fisher 8,676 sh (-10.69%)
Dodge & Cox 49,684,619 sh (-12.12%)
Third Avenue Management 1,759,465 sh (-13.51%)
David Dreman 48,016 sh (-18.11%)
Yacktman Fund 2,700,000 sh (-28.95%)
Donald Yacktman 4,121,719 sh (-29.79%)
Robert Olstein 141,888 sh (-32.11%)
Yacktman Focused Fund 750,000 sh (-37.50%)
» More
» Details

Insider Trades

Latest Guru Trades with BK

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Preferred stocks of Bank of New York Mellon Corp

SymbolPriceYieldDescription
BKNML950.005.20
BKPRC25.103.88Deposit Shs Repr 1/4000 5.2 % Non Cum Pfd Shs Series -C- PDF

Business Description

Industry: Asset Management » Asset Management    NAICS: 523920    SIC: 6282
Compare:NYSE:BX, NYSE:BLK, OTCPK:IVSBF, NYSE:STT, NYSE:BEN, OTCPK:CAIXY, NYSE:AMP, NAS:NTRS, NAS:TROW, OTCPK:PGPHF, NYSE:IVZ, OTCPK:GBLBF, OTCPK:TGOPY, NYSE:ATH, OTCPK:EXXRF, OTCPK:SHNWF, NYSE:AMG, NYSE:APO, NYSE:KKR, NYSE:VOYA » details
Traded in other countries:BK.Argentina, BONY34.Brazil, BN9.Germany,
Bank of New York Mellon Corporation is a global investment company. Its business segments are: Investment Management and Investment Services. Its other segments includes credit-related services, the leasing portfolio, corporate treasury activities.

Bank of New York Mellon Corp is a Delaware corporation. The Company is an investment company. It divides its businesses into two segments, Investment Management and Investment Services. It also has other segment, which includes credit-related services, the leasing portfolio, corporate treasury activities (including its investment securities portfolio), its equity interest in ConvergEx Group, business exits and corporate overhead. The Company's two banking subsidiaries are - The Bank of New York Mellon, a New York state-chartered bank, which houses the Company's investment services businesses, including asset servicing, issuer services, treasury services, broker-dealer and advisor services as well as the bank-advised business of asset management; and BNY Mellon, National Association, a national bank, which houses the Company's wealth management business. The two U.S. banking subsidiaries engage in trust and custody activities, investment management services, banking services and various securities-related activities. It has four other U.S. bank and/or trust company subsidiaries concentrating on trust products and services across the United States: The Bank of New York Mellon Trust Company, National Association, BNY Mellon Trust of Delaware, BNY Mellon Investment Servicing Trust Company and BNY Mellon Trust Company of Illinois. The Company's Investment Management business competes with domestic and international asset management firms, hedge funds, investment banking companies and other financial services companies, including trust banks, brokerage firms, and insurance companies, as well as technology service providers. The Company's investment services business competes with domestic and international financial services firms that offer custody services, corporate trust services, clearing services, collateral management services, credit services, securities brokerage, foreign exchange services, derivatives, depositary receipt services and cash management services and related products, as well as technology service providers, such as financial services data processing firms.

Guru Investment Theses on Bank of New York Mellon Corp

Mario Gabelli Comments on Bank of New York Mellon Corp - Nov 02, 2016

Bank of New York Mellon Corp. (NYSE:BK) (2.6% of net assets as of September 30, 2016) (BK – $39.88 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of June 30, 2016, the firm had $29.5 trillion in assets under custody and $1.7 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. We believe BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book.



From Mario Gabelli (Trades, Portfolio)'s Equity Income Fund 3rd quarter 2016 commentary.

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GAMCO Investors Comments on Bank of New York Mellon Corp - Oct 28, 2016

Bank of New York Mellon Corp. (NYSE:BK) (2.4% of net assets as of September 30, 2016) (BK – $39.88 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of June 30, 2016, the firm had $29.5 trillion in assets under custody and $1.7 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book.



The Gabelli Value 25 Fund third quarter 2016 commentary.



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Mario Gabelli Comments on Bank of New York Mellon Corp - Jul 26, 2016

Bank of New York Mellon Corp. (NYSE:BK)(1.0% of net assets as of June 30, 2016) (BK – $38.85 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of March 31, 2016, the firm had $29.1 trillion in assets under custody and $1.6 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book.

From Mario Gabelli (Trades, Portfolio)'s Gabelli Asset Fund second quarter 2016 commentary.

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Mario Gabelli Comments on Bank of New York Mellon Corp - Jul 25, 2016

Bank of New York Mellon Corp. (NYSE:BK) (1.0% of net assets as of June 30, 2016) (BK – $38.85 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of March 31, 2016, the firm had $29.1 trillion in assets under custody and $1.6 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book.





From the Gabelli ABC Merger Arbitrage Fund second quarter 2016 shareholder letter.



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Yacktman Funds Comments on BNY Mellon - May 04, 2016

BNY Mellon (NYSE:BK) dropped with general weakness in the financial sector. We think the company is highly focused on achieving improved performance from its market leading custodial and investment management businesses, and the shares are attractively priced.



From Donald Yacktman (Trades, Portfolio)'s Yacktman Focused Fund (Trades, Portfolio) first quarter 2016 commentary.

Check out Donald Yacktman latest stock trades

First Eagle Investments Comments on Bank of New York Mellon - May 02, 2016

Bank of New York Mellon (NYSE:BK) has been struggling with the effects of central bank policy. The fact that the Fed has not tightened interest rates further and the possibility of negative interest rates are hurting the valuations of banks, which normally earn interest on deposits. Interest rates that have stayed low for a long time have increased investors’ worries that these headwinds to Bank of New York Mellon will persist—both for its deposit float and for the fee waivers in its money market asset management businesses.



From First Eagle's Global Value Fund first quarter 2016 commentary.



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Mario Gabelli Comments on Bank of New York Mellon Corp - Feb 10, 2016

Bank of New York Mellon Corp. (2.3% of net assets as of December 31, 2015) (BK – $41.22 – NYSE) (NYSE:BK) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of September 30, 2015, the firm had $27.4 trillion in assets under custody and $1.5 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book.

From Mario Gabelli (Trades, Portfolio)'s Value 25 Fund fourth quarter 2015 commentary.

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Mario Gabelli Comments on Bank of New York Mellon Corp - Feb 05, 2016

Bank of New York Mellon Corp. (2.2%) (BK – $41.22 – NYSE)(NYSE:BK) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of September 30, 2015, the firm had $27.4 trillion in assets under custody and $1.5 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book.



From Mario Gabelli (Trades, Portfolio)'s GAMCO Equity Income Fund fourth quarter 2015 commentary.

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David Einhorn Comments on Bank of New York Mellon - Jan 19, 2016

We decided to sell our position in Bank of New York Mellon (NYSE:BK) with a small profit. We becamemoderately less comfortable with the market exposure in both the Investment Services andInvestment Management segments and felt that the market was giving the company too muchcredit for potential earnings leverage to multiple Fed rate hikes.

From David Einhorn (Trades, Portfolio)'s Green Light Capital fourth quarter 2015 shareholder letter.

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Top Ranked Articles about Bank of New York Mellon Corp

Yacktman Fund Trims Financial Empire in 4th Quarter Most of guru’s transactions are sells
Stephen Yacktman and Jason Subotky, co-managers of the Yacktman Fund (Trades, Portfolio), seek long-term capital appreciation through equity investments in growth companies that trade at cheap prices. Such companies usually have a good business, which includes high cash returns on tangible assets and relatively low capital requirements. During fourth-quarter 2016, the fund trimmed over 10 positions, including five positions in the financial sector: Bank of New York Mellon Corp. (NYSE:BK), U.S. Bancorp (NYSE:USB), Bank of America Corp. (NYSE:BAC), Goldman Sachs Group Inc. (NYSE:GS) and Wells Fargo & Co. (NYSE:WFC). Read more...
Mario Gabelli Comments on Bank of New York Mellon Corp Guru stock highlight
Bank of New York Mellon Corp. (NYSE:BK) (2.6% of net assets as of September 30, 2016) (BK – $39.88 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of June 30, 2016, the firm had $29.5 trillion in assets under custody and $1.7 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. We believe BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book. Read more...
GAMCO Investors Comments on Bank of New York Mellon Corp Guru stock highlight
Bank of New York Mellon Corp. (NYSE:BK) (2.4% of net assets as of September 30, 2016) (BK – $39.88 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of June 30, 2016, the firm had $29.5 trillion in assets under custody and $1.7 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book. Read more...
Martin Whitman Exits Baxalta in 3rd Quarter Guru's largest 3rd quarter trades
Martin Whitman (Trades, Portfolio) is the founder and portfolio manager of the Third Avenue Value Fund (TAVFX). He manages a portfolio composed of 36 stocks with a total value of $1,127million. During the third quarter, the guru’s largest sales are as follows: Read more...
Dr. Michael Burry of 'The Big Short' Buys Alphabet and Sells Apple 'The Big Short' star goes opposite direction of Buffett
Dr. Michael Burry, one of the few to spot and short the housing market crash, began to show a trend of carving down his portfolio and traded one tech giant for another in the second quarter. Read more...
Donald Yacktman Adds to 3, Reduces 3 in 2nd Quarter Adds to banks, technology, reduces food, medical supplies
During the second quarter, Donald Yacktman (Trades, Portfolio) of Yacktman Asset Management added to his stakes in Bank of New York Mellon Corp. (NYSE:BK), State Street Corp. (NYSE:STT) and Hewlett Packard Enterprise Co. (NYSE:HPE). Read more...
Dr. Michael Burry of 'The Big Short' Portfolio Review Shows Several Large Gains Burry sold banks from portfolio in first quarter
Dr. Michael Burry surprised investors this year when he reported his first investment portfolio to the SEC since folding his previous fund in 2008 after he correctly predicted and made a large sum of money off the housing crisis, as portrayed in the movie The Big Short. He further surprised investors when that portfolio listed several of the banks that almost fell apart during the crisis, and even further when he sold all of the banks in the first quarter. Perhaps unsurprising is that almost every stock in his portfolio as of the first quarter is performing exceptionally. Read more...
Mario Gabelli Comments on Bank of New York Mellon Corp Guru stock highlight
Bank of New York Mellon Corp. (NYSE:BK)(1.0% of net assets as of June 30, 2016) (BK – $38.85 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of March 31, 2016, the firm had $29.1 trillion in assets under custody and $1.6 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book. Read more...
Mario Gabelli Comments on Bank of New York Mellon Corp Gabelli shareholder letter
Bank of New York Mellon Corp. (NYSE:BK) (1.0% of net assets as of June 30, 2016) (BK – $38.85 – NYSE) is a global leader in providing financial services to institutions and individuals. The company operates in more than one hundred markets worldwide and strives to be the global provider of choice for investment management and investment services. As of March 31, 2016, the firm had $29.1 trillion in assets under custody and $1.6 trillion in assets under management. Going forward, we expect BK to benefit from rising global incomes and the cross border movement of financial transactions. BK is also well positioned to grow earnings in a rising interest rate environment, given its large customer cash deposits and significant loan book. Read more...
First Eagle Investments Comments on Bank of New York Mellon Guru stock highlight
Bank of New York Mellon (NYSE:BK) has been struggling with the effects of central bank policy. The fact that the Fed has not tightened interest rates further and the possibility of negative interest rates are hurting the valuations of banks, which normally earn interest on deposits. Interest rates that have stayed low for a long time have increased investors’ worries that these headwinds to Bank of New York Mellon will persist—both for its deposit float and for the fee waivers in its money market asset management businesses.
Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 15.09
BK's P/E(ttm) is ranked lower than
51% of the 1149 Companies
in the Global Asset Management industry.

( Industry Median: 14.73 vs. BK: 15.09 )
Ranked among companies with meaningful P/E(ttm) only.
BK' s P/E(ttm) Range Over the Past 10 Years
Min: 8.16  Med: 15.31 Max: 42.69
Current: 15.09
8.16
42.69
Forward P/E 13.74
BK's Forward P/E is ranked lower than
60% of the 138 Companies
in the Global Asset Management industry.

( Industry Median: 12.79 vs. BK: 13.74 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 15.09
BK's PE(NRI) is ranked higher than
50% of the 1117 Companies
in the Global Asset Management industry.

( Industry Median: 14.85 vs. BK: 15.09 )
Ranked among companies with meaningful PE(NRI) only.
BK' s PE(NRI) Range Over the Past 10 Years
Min: 8.16  Med: 17 Max: 36.95
Current: 15.09
8.16
36.95
Price/Owner Earnings (ttm) 33.15
BK's Price/Owner Earnings (ttm) is ranked lower than
85% of the 345 Companies
in the Global Asset Management industry.

( Industry Median: 13.09 vs. BK: 33.15 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
BK' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 3.76  Med: 12.39 Max: 168.08
Current: 33.15
3.76
168.08
P/B 1.41
BK's P/B is ranked lower than
75% of the 1593 Companies
in the Global Asset Management industry.

( Industry Median: 1.01 vs. BK: 1.41 )
Ranked among companies with meaningful P/B only.
BK' s P/B Range Over the Past 10 Years
Min: 0.64  Med: 1.19 Max: 4.44
Current: 1.41
0.64
4.44
P/S 3.36
BK's P/S is ranked higher than
72% of the 1264 Companies
in the Global Asset Management industry.

( Industry Median: 6.75 vs. BK: 3.36 )
Ranked among companies with meaningful P/S only.
BK' s P/S Range Over the Past 10 Years
Min: 1.45  Med: 2.82 Max: 4.82
Current: 3.36
1.45
4.82
PFCF 48.72
BK's PFCF is ranked lower than
87% of the 365 Companies
in the Global Asset Management industry.

( Industry Median: 15.35 vs. BK: 48.72 )
Ranked among companies with meaningful PFCF only.
BK' s PFCF Range Over the Past 10 Years
Min: 4.93  Med: 12.22 Max: 115.95
Current: 48.72
4.93
115.95
POCF 33.12
BK's POCF is ranked lower than
72% of the 789 Companies
in the Global Asset Management industry.

( Industry Median: 16.94 vs. BK: 33.12 )
Ranked among companies with meaningful POCF only.
BK' s POCF Range Over the Past 10 Years
Min: 4.45  Med: 11.16 Max: 129.8
Current: 33.12
4.45
129.8
EV-to-EBIT 0.25
BK's EV-to-EBIT is ranked higher than
99% of the 1063 Companies
in the Global Asset Management industry.

( Industry Median: 13.77 vs. BK: 0.25 )
Ranked among companies with meaningful EV-to-EBIT only.
BK' s EV-to-EBIT Range Over the Past 10 Years
Min: -26.7  Med: -10.9 Max: 20.3
Current: 0.25
-26.7
20.3
EV-to-EBITDA 0.20
BK's EV-to-EBITDA is ranked higher than
99% of the 1086 Companies
in the Global Asset Management industry.

( Industry Median: 12.87 vs. BK: 0.20 )
Ranked among companies with meaningful EV-to-EBITDA only.
BK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -19.4  Med: -8 Max: 35.3
Current: 0.2
-19.4
35.3
PEG 2.50
BK's PEG is ranked lower than
70% of the 250 Companies
in the Global Asset Management industry.

( Industry Median: 1.20 vs. BK: 2.50 )
Ranked among companies with meaningful PEG only.
BK' s PEG Range Over the Past 10 Years
Min: 1.23  Med: 1.97 Max: 21.99
Current: 2.5
1.23
21.99
Shiller P/E 24.80
BK's Shiller P/E is ranked lower than
65% of the 383 Companies
in the Global Asset Management industry.

( Industry Median: 19.31 vs. BK: 24.80 )
Ranked among companies with meaningful Shiller P/E only.
BK' s Shiller P/E Range Over the Past 10 Years
Min: 8.22  Med: 16.06 Max: 25.32
Current: 24.8
8.22
25.32

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.56
BK's Dividend Yield is ranked lower than
84% of the 1475 Companies
in the Global Asset Management industry.

( Industry Median: 4.09 vs. BK: 1.56 )
Ranked among companies with meaningful Dividend Yield only.
BK' s Dividend Yield Range Over the Past 10 Years
Min: 1.11  Med: 1.88 Max: 5.26
Current: 1.56
1.11
5.26
Dividend Payout 0.24
BK's Dividend Payout is ranked higher than
79% of the 871 Companies
in the Global Asset Management industry.

( Industry Median: 0.61 vs. BK: 0.24 )
Ranked among companies with meaningful Dividend Payout only.
BK' s Dividend Payout Range Over the Past 10 Years
Min: 0.17  Med: 0.3 Max: 0.79
Current: 0.24
0.17
0.79
Dividend Growth (3y) 7.50
BK's Dividend Growth (3y) is ranked higher than
65% of the 651 Companies
in the Global Asset Management industry.

( Industry Median: 2.80 vs. BK: 7.50 )
Ranked among companies with meaningful Dividend Growth (3y) only.
BK' s Dividend Growth (3y) Range Over the Past 10 Years
Min: -26.9  Med: 5.2 Max: 17.2
Current: 7.5
-26.9
17.2
Forward Dividend Yield 1.61
BK's Forward Dividend Yield is ranked lower than
85% of the 1409 Companies
in the Global Asset Management industry.

( Industry Median: 4.40 vs. BK: 1.61 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 2.38
BK's Yield on cost (5-Year) is ranked lower than
76% of the 1726 Companies
in the Global Asset Management industry.

( Industry Median: 4.78 vs. BK: 2.38 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
BK' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 1.69  Med: 2.87 Max: 8.02
Current: 2.38
1.69
8.02
3-Year Average Share Buyback Ratio 2.80
BK's 3-Year Average Share Buyback Ratio is ranked higher than
85% of the 874 Companies
in the Global Asset Management industry.

( Industry Median: -1.40 vs. BK: 2.80 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
BK' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -16.9  Med: 0.4 Max: 2.8
Current: 2.8
-16.9
2.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 3.47
BK's Price/Tangible Book is ranked lower than
88% of the 1528 Companies
in the Global Asset Management industry.

( Industry Median: 1.02 vs. BK: 3.47 )
Ranked among companies with meaningful Price/Tangible Book only.
BK' s Price/Tangible Book Range Over the Past 10 Years
Min: 2.32  Med: 4.58 Max: 11.2
Current: 3.47
2.32
11.2
Price/Projected FCF 1.06
BK's Price/Projected FCF is ranked higher than
53% of the 491 Companies
in the Global Asset Management industry.

( Industry Median: 1.08 vs. BK: 1.06 )
Ranked among companies with meaningful Price/Projected FCF only.
BK' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.44  Med: 0.9 Max: 10.99
Current: 1.06
0.44
10.99
Price/Median PS Value 1.18
BK's Price/Median PS Value is ranked lower than
65% of the 887 Companies
in the Global Asset Management industry.

( Industry Median: 1.03 vs. BK: 1.18 )
Ranked among companies with meaningful Price/Median PS Value only.
BK' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.59  Med: 1.38 Max: 5.99
Current: 1.18
0.59
5.99
Price/Peter Lynch Fair Value 1.77
BK's Price/Peter Lynch Fair Value is ranked lower than
77% of the 115 Companies
in the Global Asset Management industry.

( Industry Median: 0.76 vs. BK: 1.77 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
BK' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 1  Med: 1.75 Max: 4.3
Current: 1.77
1
4.3
Price/Graham Number 1.52
BK's Price/Graham Number is ranked lower than
72% of the 1033 Companies
in the Global Asset Management industry.

( Industry Median: 0.90 vs. BK: 1.52 )
Ranked among companies with meaningful Price/Graham Number only.
BK' s Price/Graham Number Range Over the Past 10 Years
Min: 1.01  Med: 2.12 Max: 3.41
Current: 1.52
1.01
3.41
Earnings Yield (Greenblatt) (%) 400.81
BK's Earnings Yield (Greenblatt) (%) is ranked higher than
99% of the 1527 Companies
in the Global Asset Management industry.

( Industry Median: 4.30 vs. BK: 400.81 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
BK' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 4.9  Med: 12.5 Max: 588.2
Current: 400.81
4.9
588.2
Forward Rate of Return (Yacktman) (%) 12.36
BK's Forward Rate of Return (Yacktman) (%) is ranked higher than
62% of the 486 Companies
in the Global Asset Management industry.

( Industry Median: 5.06 vs. BK: 12.36 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
BK' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 3.6  Med: 11.3 Max: 22.2
Current: 12.36
3.6
22.2

More Statistics

Revenue (TTM) (Mil) $15,237
EPS (TTM) $ 3.15
Beta1.04
Short Percentage of Float0.96%
52-Week Range $33.82 - 49.54
Shares Outstanding (Mil)1,047.49

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 15,940 16,405 17,021
EPS ($) 3.43 3.79 4.12
EPS w/o NRI ($) 3.43 3.79 4.12
EPS Growth Rate
(3Y to 5Y Estimate)
13.90%
Dividends Per Share ($) 0.82 0.92 0.97
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