Bank Of New Stock Today

BK Stock  USD 86.50  0.46  0.53%   

Performance

12 of 100

 
Weak
 
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Good

Odds Of Distress

Less than 5

 
High
 
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Very Low
Bank of New York is selling for 86.50 as of the 30th of January 2025. This is a 0.53% increase since the beginning of the trading day. The stock's last reported lowest price was 86.05. Bank of New York has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Bank of New York's common stock.
Business Domain
Financial Services
IPO Date
3rd of May 1973
Classification
Financials
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company was founded in 1784 and is headquartered in New York, New York. Bank of New York operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The company has 717.68 M outstanding shares of which 8.7 M shares are currently sold short in the market by investors with about 2.29 days to cover all shorted shares. More on Bank of New

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Follow Valuation Options Odds of Bankruptcy
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Bank Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJames Crowley
Thematic Ideas
Showing 3 out of 4 themes
Old NameBANK OF KIGALI
Business ConcentrationAsset Management & Custody Banks, Banks - Diversified, Financial Services, NYSE Composite, KBW Bank, SP 500 Index, SP 100 Index, SP 100, NYSE 100 Index, Management, Dividend Beast, FinTech, Banking, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01170.0092
Significantly Up
Slightly volatile
Asset Turnover0.05690.0485
Fairly Up
Pretty Stable
Total Current Liabilities85.6 B81.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total452 B430.5 B
Sufficiently Up
Slightly volatile
Total Assets495 B471.4 B
Sufficiently Up
Slightly volatile
Total Current Assets37 B38.9 B
Notably Down
Slightly volatile
Debt Levels
Bank of New York can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bank of New York's financial leverage. It provides some insight into what part of Bank of New York's total assets is financed by creditors.
Liquidity
Bank of New reports 31.74 B of total liabilities with total debt to equity ratio (D/E) of 0.57, which is normal for its line of buisiness. Note however, debt could still be an excellent tool for Bank to invest in growth at high rates of return.

Depreciation

2.11 Billion
Bank of New (BK) is traded on New York Stock Exchange in USA. It is located in 240 Greenwich Street, New York, NY, United States, 10286 and employs 52,600 people. Bank of New York is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 61.75 B. Bank of New York is active under Capital Markets sector as part of Financials industry. The entity has 717.68 M outstanding shares of which 8.7 M shares are currently sold short in the market by investors with about 2.29 days to cover all shorted shares. Bank of New reports about 158.35 B in cash with 5.91 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 195.9.
Check Bank of New York Probability Of Bankruptcy
Ownership Allocation
Bank of New York holds a total of 717.68 Million outstanding shares. The majority of Bank of New outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Bank of New York to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Bank of New York. Please pay attention to any change in the institutional holdings of Bank of New as this could imply that something significant has changed or is about to change at the company. On November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Bank of New York's common stock.
Check Bank Ownership Details

Bank Stock Institutional Holders

InstituionRecorded OnShares
Harris Associates L.p.2024-09-30
9.6 M
Wells Fargo & Co2024-09-30
8.2 M
Morgan Stanley - Brokerage Accounts2024-09-30
8.1 M
Northern Trust Corp2024-09-30
M
Legal & General Group Plc2024-09-30
7.8 M
Amvescap Plc.2024-09-30
7.4 M
Lsv Asset Management2024-09-30
7.4 M
Dimensional Fund Advisors, Inc.2024-09-30
7.3 M
Amundi2024-09-30
M
Vanguard Group Inc2024-09-30
72.3 M
Blackrock Inc2024-09-30
65.7 M
View Bank of New York Diagnostics

Bank of New York Historical Income Statement

At this time, Bank of New York's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 7.8 B this year, although the value of Income Before Tax will most likely fall to about 2.7 B. View More Fundamentals

Bank Stock Against Markets

Bank of New York Corporate Directors

Samuel ScottIndependent DirectorProfile
Jennifer MorganIndependent DirectorProfile
Elizabeth RobinsonIndependent DirectorProfile
Edmund KellyIndependent DirectorProfile
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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 Bank of New York. If investors know Bank 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 Bank of New York 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
0.22
Earnings Share
5.8
Revenue Per Share
23.65
Quarterly Revenue Growth
0.047
Return On Assets
0.0086
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York'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 Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York'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 Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York'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.