Bank of New York Mellon Corp (BK)

BK (NYSE:Financial Services)
$30.44
pos +0.58
+1.94%
Today's Range: 29.93 - 30.56 | BK Avg Daily Volume: 5,434,600
Last Update: 05/17/13 - 4:00 PM EDT
Volume: 4,725,845
YTD Performance: 18.44%
Open: $29.95
Previous Close: $29.86
52 Week Range: $19.30 - $30.56
Oustanding Shares: 1,160,646,709
Market Cap: 34,656,910,731
6-Month Chart
TheStreet Ratings Grade for BK
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 3 3 4 4
Moderate Buy 1 1 1 1
Hold 11 10 9 10
Moderate Sell 2 2 2 2
Strong Sell 0 0 0 0
Mean Rec. 2.69 2.67 2.54 2.57
Latest Dividend: 0.15
Latest Dividend Yield: 2.01%
Dividend Ex-Date: 04/25/13
Price Earnings Ratio: 23.33
Price Earnings Comparisons:
BK Sector Avg. S&P 500
23.33 23.10 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
8.75% 49.22% 2.15%
GROWTH 12 Mo 3 Yr CAGR
Revenue -1.60 0.82 0.22
Net Income -1.80 -4.10 0.00
EPS 0.00 -2.76 0.00
Earnings for BK:
EBITDA 5.39B
Revenue 15.09B
Average Earnings Estimates
Qtr (06/13) Qtr (09/13) FY (12/13) FY (12/14)
Average Estimate $0.58 $0.59 $2.25 $2.54
Number of Analysts 12 11 14 14
High Estimate $0.60 $0.63 $2.37 $2.70
Low Estimate $0.54 $0.54 $2.15 $2.35
Prior Year $0.57 $0.63 $2.53 $2.25
Growth Rate (Year over Year) 0.88% -6.64% -11.04% 12.92%
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igor_tsukerman
igor_tsukerman: Complete Warren Buffett And Berkshire Hathaway 1st Quarter Portfolio Update http://t.co/eYyotoLX7n $ADM $AXP $BK $BRK.A $BRK.B $CBI
12 hours ago from Tweet Button
stevied141
stevied141: I'm also liking $BK and $HBAN @jimcramer: Banks still incredibly hot. My faves: $WFC, $JPM and $KEY
15 hours ago from Twitter for iPhone
Sumenn7063
Sumenn7063: RT @SeekingAlpha: Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q1 2013 Update http://t.co/I1VHi7mkoU $ADM $AXP $BK $BRK.A $CBI $COP $COST
1 day ago from Twitter for iPhone
BVFinancials
BVFinancials: $BK Bank Of New York Mellon Corp Files 8-K : Material Modification to Rights of Se.. http://t.co/5u5gvuJHxx
2 days ago from BoardVote.com
SeekingAlpha
SeekingAlpha: Complete Warren Buffett And Berkshire Hathaway 1st Quarter Portfolio Update http://t.co/ZmhIz5OU0j $ADM $AXP $BK $BRK.A $BRK.B $CBI
2 days ago from Seeking Alpha
micenter
micenter: Potential Bank of New York Mellon $BK Trade Has 3.54% Downside Protection ( http://t.co/opEuR8UWFa )
2 days ago from Marketintelligencecenter.com
Briefingcom
Briefingcom: $BK: BNY Mellon unit Pershing combine bank and brokerage custody into a single service offering http://t.co/DY6qMSlxVD
2 days ago from BriefingInPlayLimited
CityIndex
CityIndex: FinServ: BoNYMellon $BK +3.92% $CME +1.34% Legg Mason $LM +1.17% Northern Trust $NTRS +2.83% Ameriprise $AMP +2.29% http://t.co/nw7weu8vaR
2 days ago from HootSuite
AstridBijou
AstridBijou: Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q1 2013 http://t.co/7iKtjV6i7l $ADM $AXP $BK $BRK.A $CBI $COP $COST @SeekingAlpha
2 days ago from LinkedIn
OracleofWallSt
OracleofWallSt: @BrianKellyBK @FinansciCenk $BK is like Switzerland. He stays neutral on $SPY. Won't short $SPY. And he won't buy it. http://t.co/mdAt4bGtFy
2 days ago from web

bullishBoNY Mellon numbers raised at Jefferies

Mar 4, 2013 | 8:19 AM EST

Shares of BK now seen reaching $29, according to Jefferies. Estimates also increased, given higher equity returns. Hold rating. 

bearishBank of NY Mellon downgraded at Guggenheim

Feb 5, 2013 | 7:39 AM EST

BK was downgraded from Buy to Neutral, Guggenheim said. Valuation call, based on a $28 price target. 

Digging In to Tri-Party Repos

By

Roger Arnold

 | Jan 22, 2013 | 1:00 PM EST

Here are the basics -- and, all told, the risk issues here appear to be capped and stable.

Financials Building Momentum (Part 2)

By

David Katz

 | Jan 22, 2013 | 11:00 AM EST

Even after a strong 2012, the sector is still playing catch-up with the rest of the market.

bearishBank of NY Mellon numbers cut at BofA/Merrill

Jan 17, 2013 | 8:32 AM EST

Shares of BK now seen reaching $26, according to Bank of America/Merrill Lynch. Estimates also reduced, as the company is experiencing margin pressure. Neutral rating. 

Before the Bell, January 16

By

Jill Malandrino

 | Jan 16, 2013 | 8:33 AM EST

Jill Malandrino of TheStreet's Options Profits reviews what traders will be focused on for Wednesday.

Banks Are Bunk

By

Doug Kass

 | Jan 16, 2013 | 7:20 AM EST
The optimism on the banking industry is misplaced.

bearishBank of NY Mellon downgraded at Goldman

Jan 7, 2013 | 8:05 AM EST

BK was downgraded from Neutral to Sell, Goldman Sachs said. $22 price target. Company faces multiple earnings headwinds. 

bearishThe Bank of New York Mellon downgraded at Citigroup

Jan 4, 2013 | 8:14 AM EST

Shares of BK downgraded to Neutral from Buy, Citi said. Valuation call.

An Insider Bought (Back) In At SEI Investments

By

Meena Krishnamsetty

 | Dec 20, 2012 | 6:00 PM EST

Given its recent earnings and that it's trading higher than two larger-cap peers, it seems best to avoid the stock.

Columnist Conversation / Market Updates

Isn't it funny?
By

Paul Price

 | May 17, 2013 | 4:14 PM EDT
I haven't heard many "Sell in May and go away" comments over the past two weeks. I wonder why.

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Paul Price

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