BANK OF NEW YORK MELLON CORPORATION (THE)

Bank of New York Mellon Corporation (The)

Equities

BK

US0640581007

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 21:00:02 16/07/2024 BST			5-day change	1st Jan Change
65.02 ^USD	-1.05%		+7.99%	+24.92%

02:22pm	State Street posts higher AUM; revenue beats estimates on higher fees	RE
12:17pm	North American Morning Briefing : Retail Sales, -2-	DJ

Tranche Update on The Bank of New York Mellon Corporation (NYSE:BK)'s Equity Buyback Plan announced on January 13, 2023.

January 12, 2024 at 11:30 am

From October 1, 2023 to December 31, 2023, the company has repurchased 10,036,000 shares, representing 1.3% for $450.11 million. With this, the company has completed the repurchase of 55,805,000 shares, representing 7.05% for $2,603.81 million under the buyback announced on January 13, 2023.

Latest news about Bank of New York Mellon Corporation (The)

State Street posts higher AUM; revenue beats estimates on higher fees	01:22pm	RE
North American Morning Briefing : Retail Sales, -2-	11:17am	DJ
Argus Research Adjusts Bank of New York Mellon Price Target to $73 From $67	07-15	MT
RBC Raises Price Target on Bank of New York Mellon to $69 From $58, Keeps Sector Perform Rating	07-15	MT
Citigroup Downgrades Bank of New York Mellon to Neutral From Buy, Price Target is $65	07-15	MT
Jefferies Adjusts Price Target on Bank of New York Mellon to $76 From $71, Maintains Buy Rating	07-15	MT
Morgan Stanley Adjusts Price Target on Bank of New York Mellon to $65 From $63, Maintains Equalweight Rating	07-15	MT
Barclays Adjusts Price Target on Bank of New York Mellon to $75 From $68, Maintains Overweight Rating	07-15	MT
Goldman Sachs Adjusts Price Target on Bank of New York Mellon to $74 From $66, Maintains Buy Rating	07-15	MT
Keefe Bruyette & Woods Adjusts Price Target on Bank of New York Mellon to $75 From $70, Maintains Outperform Rating	07-15	MT
Seaport Global Adjusts Price Target on Bank of New York Mellon to $75 From $70, Maintains Buy Rating	07-15	MT
Evercore ISI Adjusts Price Target on Bank of New York Mellon to $66 From $61, Maintains In Line Rating	07-15	MT
Equities Close Higher as Markets Analyze Producer Prices Data	07-12	MT
Equities Close Higher as Markets Weigh Producer Prices Data	07-12	MT
Wells Fargo Raises Bank of New York Mellon's Price Target to $69 From $64	07-12	MT
Top bank executives' take on US presidential elections	07-12	RE
US banking execs weigh macroeconomic risks, Fed's interest rate path	07-12	RE
Top Midday Stories: Big Banks Commence Q2 Earnings Season; AT&T Discloses April Cyberattack on Customer Data; FTC Requests More Info on ConocoPhillips-Marathon Oil Merger	07-12	MT
Transcript : The Bank of New York Mellon Corporation, Q2 2024 Earnings Call, Jul 12, 2024	07-12
Sector Update: Financial Stocks Edge Higher Premarket Friday	07-12	MT
Bank of New York Mellon Raises Quarterly Common Stock Dividend; Declares Preferred Stock Dividends	07-12	MT
Futures Mostly Up Ahead of Producer Price Data, Bank Earnings; Asia Churns, Europe Strong	07-12	MT
Bank of New York Mellon Q2 Adjusted Earnings, Revenue Advance -- Shares Rise Pre-Bell	07-12	MT
BNY-Mellon: EPS up 16% in Q2	07-12	CF
Futures flat as big banks fall after earnings; inflation data awaited	07-12	RE

Chart Bank of New York Mellon Corporation (The)

Duration

Period

Chart Bank of New York Mellon Corporation (The)

More charts

Company Profile

The Bank of New York Mellon Corporation specializes in asset management and services related to securities. The group offers asset and property management, security conservation and issuance, and cash management services to institutions, businesses, and individuals. At the end of 2023, The Bank of New York Mellon Corporation had USD 47,800 billion in assets under custody and under administration and USD 1,974billion in assets under management.

Sector

Investment Management & Fund Operators

Calendar

14/10/2024 - Q3 2024 Earnings Release (Projected)

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

Vince, CEO of Bank of New York Mellon: AI needs safeguards

January 16, 2024 at 05:40 pm

More Strategies

Ratings for Bank of New York Mellon Corporation (The)

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

65.71 USD

Average target price

69.62 USD

Spread / Average Target

+5.95%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Investment Management & Fund Operators

	1st Jan change	Capi.
BANK OF NEW YORK MELLON CORPORATION (THE)	+24.92%	48.49B
BLACKROCK, INC.	+3.96%	122B
UBS GROUP AG	+6.93%	100B
BROOKFIELD CORPORATION	+21.90%	71.5B
APOLLO GLOBAL MANAGEMENT, INC.	+31.45%	69.7B
AMERIPRISE FINANCIAL, INC.	+12.96%	44.28B
3I GROUP PLC	+26.44%	38.4B
T. ROWE PRICE GROUP INC.	+12.13%	26.51B
STATE STREET CORPORATION	+9.50%	23.78B
PRINCIPAL FINANCIAL GROUP, INC.	+10.42%	20.18B

Other Investment Management & Fund Operators