BNY Operating Income vs Interest Income Analysis

LEO Stock  USD 6.38  0.01  0.16%   
BNY Mellon financial indicator trend analysis is way more than just evaluating BNY Mellon Strategic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BNY Mellon Strategic is a good investment. Please check the relationship between BNY Mellon Operating Income and its Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Operating Income vs Interest Income

Operating Income vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BNY Mellon Strategic Operating Income account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BNY Mellon's Operating Income and Interest Income is -0.45. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of BNY Mellon Strategic, assuming nothing else is changed. The correlation between historical values of BNY Mellon's Operating Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of BNY Mellon Strategic are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., BNY Mellon's Operating Income and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from BNY Mellon Strategic operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BNY Mellon Strategic is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from BNY Mellon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BNY Mellon Strategic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of the 12th of December 2024, Enterprise Value is likely to grow to about 500.3 M, while Selling General Administrative is likely to drop about 393 K.
 2021 2022 2023 2024 (projected)
Net Interest Income27.9M22.3M20.1M24.8M
Interest Income30.2M28.6M32.9M26.1M

BNY Mellon fundamental ratios Correlations

0.430.40.810.61-0.291.0-0.38-0.02-0.290.370.830.530.34-0.070.520.21-0.1-0.34-0.270.45-0.390.40.390.040.43
0.430.970.610.06-0.020.43-0.40.38-0.020.580.30.63-0.430.41-0.270.350.50.120.140.030.410.41-0.42-0.42-0.14
0.40.970.530.040.060.39-0.390.350.060.510.280.47-0.330.38-0.220.140.42-0.060.090.010.380.33-0.38-0.31-0.16
0.810.610.530.3-0.370.81-0.420.29-0.370.680.770.73-0.170.02-0.040.420.310.120.150.39-0.110.53-0.15-0.30.17
0.610.060.040.3-0.560.61-0.04-0.51-0.560.10.680.060.280.050.75-0.15-0.25-0.35-0.030.62-0.710.60.410.010.46
-0.29-0.020.06-0.37-0.56-0.3-0.110.051.0-0.4-0.36-0.160.290.19-0.12-0.06-0.24-0.26-0.62-0.840.43-0.790.160.49-0.58
1.00.430.390.810.61-0.3-0.38-0.02-0.30.360.830.530.34-0.080.520.21-0.11-0.34-0.270.46-0.40.40.390.040.44
-0.38-0.4-0.39-0.42-0.04-0.11-0.38-0.15-0.110.01-0.24-0.430.08-0.60.05-0.19-0.10.070.09-0.09-0.06-0.120.090.060.12
-0.020.380.350.29-0.510.05-0.02-0.150.050.25-0.020.5-0.35-0.21-0.540.440.760.380.09-0.250.58-0.14-0.33-0.41-0.27
-0.29-0.020.06-0.37-0.561.0-0.3-0.110.05-0.4-0.36-0.160.290.19-0.12-0.06-0.24-0.26-0.62-0.840.43-0.790.160.49-0.58
0.370.580.510.680.1-0.40.360.010.25-0.40.30.43-0.450.14-0.350.290.550.370.520.220.20.66-0.51-0.590.19
0.830.30.280.770.68-0.360.83-0.24-0.02-0.360.30.440.22-0.180.440.1-0.05-0.26-0.140.42-0.550.390.280.040.15
0.530.630.470.730.06-0.160.53-0.430.5-0.160.430.44-0.380.15-0.240.860.480.430.01-0.010.270.3-0.19-0.52-0.14
0.34-0.43-0.33-0.170.280.290.340.08-0.350.29-0.450.22-0.38-0.410.82-0.41-0.71-0.79-0.76-0.01-0.47-0.450.930.750.35
-0.070.410.380.020.050.19-0.08-0.6-0.210.190.14-0.180.15-0.41-0.240.120.20.160.2-0.140.310.3-0.42-0.28-0.26
0.52-0.27-0.22-0.040.75-0.120.520.05-0.54-0.12-0.350.44-0.240.82-0.24-0.36-0.65-0.74-0.560.35-0.710.00.880.520.5
0.210.350.140.42-0.15-0.060.21-0.190.44-0.060.290.10.86-0.410.12-0.360.470.690.06-0.160.420.15-0.18-0.53-0.11
-0.10.50.420.31-0.25-0.24-0.11-0.10.76-0.240.55-0.050.48-0.710.2-0.650.470.650.55-0.060.60.36-0.66-0.78-0.19
-0.340.12-0.060.12-0.35-0.26-0.340.070.38-0.260.37-0.260.43-0.790.16-0.740.690.650.67-0.040.480.31-0.65-0.72-0.14
-0.270.140.090.15-0.03-0.62-0.270.090.09-0.620.52-0.140.01-0.760.2-0.560.060.550.670.470.140.7-0.77-0.680.18
0.450.030.010.390.62-0.840.46-0.09-0.25-0.840.220.42-0.01-0.01-0.140.35-0.16-0.06-0.040.47-0.580.740.04-0.140.75
-0.390.410.38-0.11-0.710.43-0.4-0.060.580.430.2-0.550.27-0.470.31-0.710.420.60.480.14-0.58-0.2-0.5-0.47-0.38
0.40.410.330.530.6-0.790.4-0.12-0.14-0.790.660.390.3-0.450.30.00.150.360.310.70.74-0.2-0.38-0.620.47
0.39-0.42-0.38-0.150.410.160.390.09-0.330.16-0.510.28-0.190.93-0.420.88-0.18-0.66-0.65-0.770.04-0.5-0.380.620.37
0.04-0.42-0.31-0.30.010.490.040.06-0.410.49-0.590.04-0.520.75-0.280.52-0.53-0.78-0.72-0.68-0.14-0.47-0.620.62-0.04
0.43-0.14-0.160.170.46-0.580.440.12-0.27-0.580.190.15-0.140.35-0.260.5-0.11-0.19-0.140.180.75-0.380.470.37-0.04
Click cells to compare fundamentals

BNY Mellon Account Relationship Matchups

BNY Mellon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets823.3M820.1M664.7M624.3M677.0M807.0M
Other Current Liab(638.1K)(2.5M)(5.7M)275.1K(6.1M)(5.8M)
Total Current Liabilities638.1K2.5M2.9M11.4M13.1M12.4M
Total Stockholder Equity599.6M621.2M486.6M392.4M451.7M725.6M
Net Debt222.0M195.1M170.6M(6.2M)(3.5M)(3.3M)
Cash531.6K799.1K4.2M6.2M3.5M3.7M
Non Current Assets Total811.7M809.2M650.8M606.8M673.5M789.4M
Non Currrent Assets Other(811.7M)(809.2M)(650.8M)(606.8M)(664.7M)(697.9M)
Other Assets57.0K26.6K31.7K296.7K677.0M710.9M
Cash And Short Term Investments531.6K799.1K4.2M6.2M3.5M3.7M
Net Receivables11.0M10.1M9.7M10.9M8.8M12.4M
Common Stock Shares Outstanding62.2M62.3M62.3M45.0M51.7M64.3M
Liabilities And Stockholders Equity823.3M820.1M664.7M624.3M677.0M807.0M
Other Stockholder Equity493.6M492.3M492.9M493.0M414.1M500.9M
Total Liab223.7M198.8M178.1M231.9M225.3M236.6M
Total Current Assets11.5M10.9M13.9M17.1M3.5M3.3M
Short Long Term Debt Total222.8M196.1M174.8M141.5M162.7M112.1M
Short Term Debt246.2K222.6K195.9K174.8K157.3K149.4K
Net Tangible Assets539.9M520.7M542.3M407.7M366.9M482.0M
Retained Earnings28.3M49.4M(85.4M)(100.7M)(41.4M)(39.3M)
Accounts Payable638.1K2.5M2.9M11.1M6.1M4.9M
Long Term Investments811.7M809.2M650.8M606.8M546.2M630.0M
Long Term Debt229.4M246.2M222.6M195.9M225.2M188.0M
Non Current Liabilities Total222.6M195.9M2.9M141.5M127.3M127.1M
Other Current Assets(11.5M)(10.9M)31.7K(17.1M)(8.8M)(9.2M)
Long Term Debt Total229.4M246.2M222.6M195.9M225.2M208.7M
Capital Surpluse500.0M493.6M492.3M492.9M443.6M409.2M
Net Invested Capital743.9M738.7M582.5M533.8M480.5M550.6M
Capital Stock79.0M79.0M79.0M62.3K56.1K53.3K

Pair Trading with BNY Mellon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BNY Mellon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BNY Mellon will appreciate offsetting losses from the drop in the long position's value.

Moving against BNY Stock

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The ability to find closely correlated positions to BNY Mellon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BNY Mellon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BNY Mellon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BNY Mellon Strategic to buy it.
The correlation of BNY Mellon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BNY Mellon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BNY Mellon Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BNY Mellon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BNY Mellon Strategic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BNY Mellon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bny Mellon Strategic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bny Mellon Strategic Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BNY Mellon. If investors know BNY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BNY Mellon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.569
Earnings Share
1.18
Revenue Per Share
0.479
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0228
The market value of BNY Mellon Strategic is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.