A new Trump Accounts app built by Bank of New York Mellon and Robinhood will help parents manage investment accounts for eligible children.
Bank of New York Mellon remains a top conviction buy, outperforming since May 2023 with a +230% return since then. BK's investment case is anchored by consistent earnings beats, robust dividend growth, and proven resilience across market cycles. Recent analyst upgrades and price target increases reinforce confidence in BK's competitive positioning and organic growth drivers.
CPC Advisors LLC grew its stake in shares of BNY (NYSE: BK) by 320.5% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,346 shares of the bank's stock after acquiring an additional 57,429 shares during the period.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| FR Fausto Rotundo Edgewood Management LLC | 129,662.5 | $4.94B | $4.66B | -$281.66M | -5.7% |
| JC JT Casper ORLEANS CAPITAL MANAGEMENT Corp./LA | 13,202 | $502,996.2 | $474,329 | -$28,667.2 | -5.7% |
| AF Anthony Fasano Clark Estates INC/NY | 952,679.89 | $36.31M | $34.24M | -$2.07M | -5.7% |
| LG Lorraine Gallard Bonness Enterprises Inc | 89,867.9 | $3.81M | $3.59M | -$217,300.58 | -5.7% |
| SR Shantelle Reidy Ironwood Investment Management LLC | 5,522.21 | $322,999.47 | $304,589 | -$18,410.47 | -5.7% |
| Capital Markets Industry | Financials Sector | Robin Antony Vince CEO | NYSE Exchange | 064058100 CUSIP |
| US Country | 51,000 Employees | 27 Apr 2026 Last Dividend | 2 Jul 2007 Last Split | - IPO Date |
The Bank of New York Mellon Corporation, founded in 1784 and based in New York, New York, serves as a global provider of a wide array of financial services. With a presence in both the United States and international markets, the corporation caters to a diverse set of customers, including central banks, sovereign wealth funds, financial institutions, asset managers, insurance companies, corporations, local authorities, high-net-worth individuals, and family offices. The company's operations are structured into several key segments that encompass Securities Services, Market and Wealth Services, Investment and Wealth Management, among others, each dedicated to offering tailored financial solutions and support.
Provides a comprehensive suite of services including custody, trust and depositary, fund accounting, ETF services, middle-office solutions, transfer agency, and support for private equity and real estate funds. Foreign exchange, securities lending, liquidity/lending services, and data analytics are also offered. Additionally, it manages trustee, paying agency, fiduciary, and escrow services catering to the needs of brokers, investors, and various financial entities.
This segment delivers clearing and custody, investment solutions, wealth and retirement planning, technology and enterprise data management, and prime brokerage services. It excels in offering integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing, payables management, and trade finance and processing services.
Focuses on providing investment management strategies and distribution of investment products, complemented by investment management, custody, and wealth and estate planning services. It also offers private banking, insights on investment and information management services tailored to the specialized needs of its clientele.
Encompasses a variety of additional services such as leasing, corporate treasury activities, derivative and other trading operations, corporate and bank-owned life insurance, renewable energy investments, and business exit services. This segment ensures that clients have access to a broad spectrum of financial solutions beyond the core offerings.