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Thursday, May 18, 2023

The Bank of New York Mellon Corporation (BK) as of 05-18-2023

 BK (The Bank of New York Mellon Corporation) is a financial services company that provides a range of financial products and services in the United States and internationally. The company operates through various segments, including Securities Services, Market and Wealth Services, Investment and Wealth Management, and Others.

In the Securities Services segment, BK offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, and other services. It also provides services for private equity and real estate funds, foreign exchange, securities lending, and data analytics. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. Additionally, it provides integrated cash management solutions, including payments, foreign exchange, liquidity management, and trade finance services.

BK's Investment and Wealth Management segment offers investment management strategies, distribution of investment products, custody, wealth and estate planning, private banking, and information management services. The company also engages in leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services through its Other segment.

BK serves various clients, including central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities, high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.

As of the fiscal year 2022, BK had approximately 51,600 full-time employees. The company is led by executives such as Mr. Robin Antony Vince (President, CEO & Director), Mr. Dermot William McDonogh (Sr. Exec. VP & CFO), Ms. Bridget E. Engle (Chief Information Officer & Head of Engineering), Mr. Roman Regelman (Sr. EVP, CEO of Asset Servicing, Issuer Services & Digital), and Ms. Hanneke Smits (Sr. EVP & CEO of Investment Management).

In terms of financials, BK has a market capitalization of $32.2 billion. It has a dividend rate of $1.48, yielding 3.64%. The company's stock is traded on the NYSE under the symbol "BK" and is classified as an equity. The current price is $40.835 per share, with a previous close of $40.66.

BK has a solid governance rating, with low risks in areas such as audit, board, compensation, and shareholder rights. The company has a trailing price-to-earnings (P/E) ratio of 12.92 and a forward P/E ratio of 7.87. It has a beta of 1.06, indicating a slightly above-average volatility compared to the market.

The stock of the Bank of New York Mellon recently faced challenges as the banking sector experienced a downturn due to the failures of several banks, including Silicon Valley Bank, Signature Bank, and First Republic Bank.






Here is an analysis of the financial measures of BK (The Bank of New York Mellon Corporation):


1. EPS (Earnings Per Share): The EPS of BK is $3.16, indicating the company's profitability per outstanding share.


2. Trailing Price to Earnings Ratio: The trailing P/E ratio of BK is 12.9225, suggesting that investors are willing to pay approximately 12.92 times the company's earnings for each share of stock.


3. Price to Book Ratio: BK has a price to book ratio of 0.900223, which implies that the stock is currently trading below its book value.


4. Dividend Yield (%): The dividend yield of BK is 3.64%, which represents the annual dividend payout as a percentage of the stock's current price.


5. Return On Equity (%): BK has a return on equity of 6.681%, indicating the company's ability to generate profits from shareholders' equity.


6. Debt to Equity Ratio: The debt to equity ratio of BK is 165.716, which suggests a relatively high level of debt compared to equity.


7. Free Cash Flow: BK generated a free cash flow of $7,450.38 million, representing the cash generated by the company's operations after accounting for capital expenditures.


8. Market Capitalization: The market capitalization of BK is $32,224.3 million, indicating the total value of the company's outstanding shares in the stock market.


9. Revenue Growth (%): BK achieved a revenue growth rate of 10.5% during the measured period, indicating an increase in the company's total revenue over time.


10. Operating Margin (%): The operating margin of BK is 26.209%, reflecting the efficiency of the company's operations and its ability to generate profits from its core business activities.


11. Forward Price to Earnings Ratio: The forward P/E ratio of BK is 7.86802, providing an estimate of the P/E ratio based on future earnings expectations.


These financial measures provide insights into BK's profitability, valuation, dividend policy, financial health, and growth potential. It's important to consider these measures in conjunction with other factors when assessing the investment attractiveness of the company.




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