The Bank of New York Mellon Corporation (BK) is a Great Momentum Stock: Should You Buy?
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.
Bank of New York Mellon Q2 Review: Strong Earnings And Upside Potential
The Bank of New York Mellon's latest Q2 earnings shows growth across all segments. The dividend was recently increased by 12%. BK has averaged a double-digit growth rate over the last decade, making it a potential income play. A dividend discount calculation shows a potential 12.7% upside with estimated fair price of $73.33 per share. This is assuming that the business is able to grow earnings at 6%.
The Bank of New York Mellon Corporation (BK) Q2 2024 Earnings Call Transcript
The Bank of New York Mellon Corporation (NYSE:BK ) Q2 2024 Earnings Call Transcript July 12, 2024 9:30 AM ET Company Participants Marius Merz - Head of IR Robin Vince - President and CEO Dermot McDonogh - CFO Conference Call Participants Ken Usdin - Jefferies Glenn Schorr - Evercore ISI Ebrahim Poonawala - Bank of America Steven Chubak - Wolfe Research Brennan Hawken - UBS Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Securities Alex Blostein - Goldman Sachs Gerard Cassidy - RBC Brian Bedell - Deutsche Bank Rajiv Bhatia - Morningstar Operator Good morning and welcome to the 2024 Second Quarter Earnings Conference Call hosted by BNY. At this time, all participants are in a listen-only mode.
Bank of NY's stock leaps toward a record after earnings beat, raised dividend
Shares of Bank of New York Mellon Corp. ran up into record territory Friday, after the trust bank reported a second-quarter earnings beat and approved a 12% boost to its dividend.
The Bank of New York Mellon (BK) Reports Q2 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 June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
BNY Mellon (BK) Gains on Q2 Earnings Beat, Revenue Growth
BNY Mellon (BK) records a decline in expenses and higher revenues in the second quarter of 2024.
The Bank of New York Mellon Corporation (BK) Surpasses Q2 Earnings and Revenue Estimates
The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.38 per share a year ago.
Higher Fee Income to Aid BNY Mellon (BK) Q2 Earnings, NII to Hurt
Despite high rates and decent loan growth, BNY Mellon's (BK) interest income is expected to have declined in the second quarter of 2024 due to higher deposit costs.
Curious about The Bank of New York Mellon (BK) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for The Bank of New York Mellon (BK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Will The Bank of New York Mellon (BK) Beat Estimates Again in Its Next Earnings Report?
The Bank of New York Mellon (BK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BNY Mellon (BK) Intends to Hike Quarterly Dividend by 11.9%
BNY Mellon (BK) plans to increase quarterly cash dividend by 11.9% to 47 cents per share following the 2024 stress test results, which reflect a robust and resilient balance sheet and capital position.
This bank stock's unique combination makes it a bargain
On Wednesday, Keefe, Bruyette & Woods analyst David Konrad upgraded Bank of New York Mellon Corp.'s stock to an “Outperform” rating, citing its “scale, diversification and expectations for widening profitability gap to peers led by strong expense control.”
