Yahoo Finance • 2 months ago

Bank of New York Mellon Third Quarter 2024 Earnings: Beats Expectations

Bank of New York Mellon (NYSE:BK) Third Quarter 2024 Results Key Financial Results Revenue: US$4.63b (up 5.8% from 3Q 2023). Net income: US$1.11b (up 16% from 3Q 2023). Profit margin: 24% (up from 22% in 3Q 2023). The increase in margin... Full story

Yahoo Finance • 2 months ago

Bank of New York Mellon Insiders Sell US$10m Of Stock, Possibly Signalling Caution

Over the past year, many The Bank of New York Mellon Corporation (NYSE:BK) insiders sold a significant stake in the company which may have piqued investors' interest. When analyzing insider transactions, it is usually more valuable to know... Full story

Yahoo Finance • 2 months ago

BNY Declares Dividends

NEW YORK, Oct. 11, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as fo... Full story

Yahoo Finance • 2 months ago

BNY Reports Third Quarter 2024 Results

NEW YORK, Oct. 11, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the third quarter 2024. The company's earnings release along with t... Full story

Yahoo Finance • 3 months ago

BNY Releases The Voice of Community Banks Survey

The survey looked at the current state of community banks across the country—and the findings reveal what community banks need to stay competitive and help their communities thrive NEW YORK, Sept. 23, 2024 /PRNewswire/ -- The Bank of New... Full story

Yahoo Finance • 3 months ago

The Bank of New York Mellon Corporation's (NYSE:BK) high institutional ownership speaks for itself as stock continues to impress, up 3.4% over last week

Key Insights Significantly high institutional ownership implies Bank of New York Mellon's stock price is sensitive to their trading actions 51% of the business is held by the top 17 shareholders Recent sales by insiders If you want to kn... Full story

Yahoo Finance • 4 months ago

BNY to Acquire Archer, a Leading Provider of Managed Account Solutions to the Asset and Wealth Management Industry

The acquisition will enhance BNY's capabilities across the entire managed account ecosystem, including manufacturing, distribution and servicing Archer's fully integrated, cloud-based platform provides asset and wealth managers with a mul... Full story

Yahoo Finance • 4 months ago

The Bank of New York Mellon Corporation (BK): A Good Undervalued Stock to Invest In Now

We recently compiled a list of the 16 Most Undervalued Stocks to Buy Now.In this article, we are going to take a look at where The Bank of New York Mellon Corporation (NYSE:BK) stands against the other undervalued stocks. With the US stoc... Full story

Yahoo Finance • 4 months ago

BNY to Speak at the Barclays Global Financial Services Conference

NEW YORK, Aug. 20, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced that Dermot McDonogh, Chief Financial Officer, will speak at the Barclays Global Fin... Full story

Yahoo Finance • 4 months ago

Investors in Bank of New York Mellon (NYSE:BK) have seen respectable returns of 87% over the past five years

The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share price rise faster than the market. Unfortunately for shareholders, while the The Bank of New York Mellon Corporation (NYSE:B... Full story

Yahoo Finance • 4 months ago

BNY to Report Third Quarter 2024 Results on October 11, 2024

NEW YORK, Aug. 14, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, will report financial results for the third quarter 2024 on Friday, October 11, 2024. Materials will... Full story

Yahoo Finance • 4 months ago

With 86% ownership, The Bank of New York Mellon Corporation (NYSE:BK) boasts of strong institutional backing

Key Insights Institutions' substantial holdings in Bank of New York Mellon implies that they have significant influence over the company's share price The top 17 shareholders own 51% of the company Recent sales by insiders If you want to... Full story

Yahoo Finance • 5 months ago

Possible Bearish Signals With Bank of New York Mellon Insiders Disposing Stock

In the last year, many The Bank of New York Mellon Corporation (NYSE:BK) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful when eval... Full story

Yahoo Finance • 5 months ago

Dow Reaches Record Highs Above 40,000, Small Caps Ride The Rate-Cut Wave, EV Stocks Rally: What's Driving Markets Friday?

Dow Reaches Record Highs Above 40,000, Small Caps Ride The Rate-Cut Wave, EV Stocks Rally: What's Driving Markets Friday? It’s another memorable day for the stock market, as the blue-chip Dow Jones Industrial Average Index reaches new rec... Full story

Yahoo Finance • 6 months ago

Leigh-Ann Russell to Join BNY as Chief Information Officer

NEW YORK, June 18, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced the appointment of Leigh-Ann Russell as Chief Information Officer and Global Head of... Full story

Yahoo Finance • 7 months ago

Stocks Hit Record Highs, Central Banks Cut Rates, Tight US Jobs Report Dampens Fed Easing Hopes: This Week In The Market

Stocks Hit Record Highs, Central Banks Cut Rates, Tight US Jobs Report Dampens Fed Easing Hopes: This Week In The Market The stock market extended its bull market rally for another week, with fresh record highs for both the S&P 500 and th... Full story

Yahoo Finance • 8 months ago

20 Largest Banks in the US by Customers

In this article, we will look at the 20 largest banks in the US by customers. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Customers. Banking Industry in the US: An Overview The failure o... Full story

Yahoo Finance • 8 months ago

20 Largest Banks in the US by Asset Size in 2024

In this article, we will look at the 20 largest banks in the US by asset size in 2024. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Asset Size in 2024. Overview of the Banking Sector in th... Full story

Yahoo Finance • 8 months ago

Decoding Bank of New York Mellon Corp (BK): A Strategic SWOT Insight

Bank of New York Mellon Corp (NYSE:BK) showcases robust fee revenue growth and a solid net income increase in Q1 2024. BNY Mellon's global presence and custody bank leadership position it as a key player in the financial services industry.... Full story

Yahoo Finance • 8 months ago

Top 12 Alternatives to Edward Jones

In this article, we will take a look at the top 12 alternatives to Edward Jones. If you want to skip our detailed analysis, you can go directly to Top 5 Alternatives to Edward Jones. Why are People Choosing Edward Jones Edward Jones is a... Full story