The Bank of New York Mellon (BK) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for The Bank of New York Mellon (BK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The Bank of New York Mellon Corporation (BK) Q3 Earnings and Revenues Top Estimates
The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.27 per share a year ago.
Bank of New York Mellon Q3 Earnings Preview: Margins And Deposit Costs Are Key Metrics
Shares of Bank of New York Mellon have surged 75% in the past year, driven by a high-rate environment and strong equity markets. Despite solid Q2 results and strong expense discipline, BK's valuation appears expensive versus peers, raising concerns about further multiple expansion. Key focus areas for Q3 earnings include margin expansion, deposit cost trends, investment management strategy, and capital returns via dividends and buybacks.
The Bank of New York Mellon Corporation (BK) Is Up 0.39% in One Week: What You Should Know
Does The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out.
Stay Ahead of the Game With The Bank of New York Mellon (BK) Q3 Earnings: Wall Street's Insights on Key Metrics
Evaluate the expected performance of The Bank of New York Mellon (BK) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
4 Major Regional Bank Stocks to Watch as Fed Cuts Interest Rates
High funding costs and poor asset quality will hurt Zacks Major Regional Banks. Yet, interest rate cuts, modest loan demand, decent economic growth and business restructuring efforts are likely to aid industry players like JPM, USB, TFC and BK.
The Bank of New York Mellon Corporation (BK) Earnings Expected to Grow: Should You Buy?
The Bank of New York Mellon (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
S&P 500 Banks Outperform the Index YTD: 5 Stocks to Watch
The first nine months of 2024 were exceptional for the S&P 500 Index. The index rallied 21.4% during the period.
The Bank of New York Mellon Corporation (BK) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
Stocks This Week: Buy Qualcomm And Bank Of New York
This week has historically been the most bearish one in the history of the S&P 500 and the DJIA. Since 1928.
Bank of New York Mellon: Appealing Price With A Solid Moat
Bank of New York Mellon is the largest custody bank globally, with $49.5 trillion in assets under custody and diversified revenue streams. The bank's dividend has shown resilience, growing at a 12.7% CAGR since 2009, with a conservative payout ratio and high safety ratings. Valuation suggests a 13% margin of safety based on a dividend discount model, with promising EPS growth compared to peers. All this suggests a buy rating.
Should You Buy BK Stock as it Hits All-Time High on Fed Cuts Rates?
Shares of The Bank of New York Mellon Corporation BK, popularly known as BNY Mellon, have performed well this year. The stock touched its all-time high of $71.80 during Wednesday's trading session as the Federal Reserve announced a cut of 50 basis points (bps) in interest rates.
