The Bank of New York Mellon(BK)
Search documents
What to Expect From Bank of New York Mellon’s Next Quarterly Earnings Report
Yahoo Finance· 2025-09-29 11:23
Valued at $77.2 billion by market cap, The Bank of New York Mellon Corporation (BK) provides a comprehensive range of financial services. Headquartered in New York, it is recognized as the world’s largest custodian bank and securities services provider. The financial titan is set to release its fiscal 2025 third-quarter earnings before the market opens on Thursday, Oct. 16. Ahead of the event, analysts expect BK to report a profit of $1.75 per share on a diluted basis, up 15.1% from $1.52 per share in the ...
Dividend Stability in Financial Services: The Case for Bank of New York Mellon (BK)
Yahoo Finance· 2025-09-28 01:19
Core Insights - The Bank of New York Mellon Corporation (BK) is recognized as one of the 11 Best Bank Dividend Stocks to Buy, highlighting its strong position in the market [1] - The bank has a long-standing history of over 240 years, providing innovative financial solutions globally [2] Financial Performance - In the latest quarterly results, BK reported an increase in average assets due to deposit growth, with a CET1 ratio of 11.5%, consistent with the previous period [3] - During the second quarter, BK returned $1.2 billion in capital to common shareholders, resulting in a year-to-date total payout ratio of 92% [3] Dividend Information - BK currently pays a quarterly dividend of $0.53 per share, translating to a dividend yield of 1.96% as of September 24 [4] - The company has a strong dividend history, having increased its payouts for 15 consecutive years, making it one of the best dividend stocks in the banking sector [4]
11 Best Bank Dividend Stocks to Buy
Insider Monkey· 2025-09-27 23:53
Core Viewpoint - The banking sector presents attractive investment opportunities, particularly in dividend stocks, as banks tend to perform well following Federal Reserve rate cuts, provided the economy remains stable [2][3]. Group 1: Market Analysis - A Wells Fargo analysis indicates that banks have historically outperformed after the Federal Reserve lowers rates, especially within the first three months post-cut [2]. - The recent 25 basis points (0.25%) reduction in the federal funds rate is expected to stimulate business activity, benefiting banks [2][3]. - The potential for deregulation under the Trump administration may provide additional support for the banking industry [3]. Group 2: Dividend Stocks Overview - The article highlights the top 10 bank dividend stocks based on hedge fund popularity in Q2 2025, utilizing data from nearly 1,000 hedge funds [6]. - The strategy of following hedge fund stock picks has shown significant outperformance, with a 373.4% return since May 2014, surpassing benchmarks by 218 percentage points [7]. Group 3: Individual Bank Highlights - **Royal Bank of Canada (NYSE:RY)**: - Largest bank in Canada with a strong balance sheet and diverse revenue sources, including a recent acquisition of HSBC Canada [10]. - Consistent dividend growth for 15 years, currently offering a quarterly dividend of C$1.54 per share and a yield of 3.03% [11]. - **U.S. Bancorp (NYSE:USB)**: - Known for strong profitability and reliability as a dividend payer, with a quarterly dividend of $0.52 per share and a yield of 4.23% [14]. - Maintained profitability through economic downturns, showcasing disciplined risk management [13]. - **The Bank of New York Mellon Corporation (NYSE:BK)**: - Established provider of financial solutions with a strong dividend history, currently paying a quarterly dividend of $0.53 per share and a yield of 1.96% [17]. - Returned $1.2 billion in capital to shareholders in the latest quarter, with a year-to-date payout ratio of 92% [16].
X @Chainlink
Chainlink· 2025-09-23 22:07
Swift & BNY Mellon will join Chainlink tomorrow in NYC for an invite-only event with premier institutions & policy leaders.Speakers include:• @TomZschach, CIO at Swift• Patrick Corker, Managing Director, Digital Assets at BNY MellonDetails ↓https://t.co/VgVIlDJbgQ ...
Canadian Banc Corp. Announces Class A Share Split and Increased Total Distributions
Globenewswire· 2025-09-23 13:00
Core Points - Canadian Banc Corp. plans to execute a share split of its Class A shares due to strong performance, with shareholders receiving 10 additional shares for every 100 held, pending approval from the Toronto Stock Exchange [1] - Following the share split, Class A shareholders will continue to receive monthly cash distributions targeted at an annualized rate of 15%, resulting in an approximate 10% increase in total distributions due to the issuance of additional shares [2] - The Class A shares will begin trading on an ex-split basis on September 26, 2025, with no fractional shares issued, and the split is a non-taxable event [3] Investment Strategy - The Company invests in a portfolio of six publicly traded Canadian banks, including Bank of Montreal and Royal Bank of Canada, with share weights ranging from 5-20% [4] - To enhance returns beyond dividend income, the Company employs a selective covered call writing program [4]
Major Naming Gifts Received By Dartmouth, U. Arizona, And U. Wisconsin
Forbes· 2025-09-23 10:00
Core Insights - Prominent universities in the U.S. have received significant private donations, enhancing their educational programs and facilities [3] Group 1: Dartmouth College - Shonda Rhimes has pledged $15 million for a new undergraduate residence hall at Dartmouth College, which will be named Shonda Rhimes Hall [11] - The hall will be the first building at Dartmouth named for a woman and a Black alum, scheduled to open in 2028, housing 115 students [12] - Rhimes emphasized the importance of her college experience and the need to give back to higher education, reflecting on the evolving identity of Dartmouth [12] Group 2: University of Arizona - The University of Arizona received a $20 million donation from the Garcia Family Foundation to support study abroad programs for financially needy students, marking the largest gift for such programs in the university's history [4][5] - The Garcia Family Foundation aims to triple study abroad participation by 2029, with scholarships covering various credit-bearing experiences in over 30 countries [5] - The foundation, established by Ernest Garcia II, focuses on providing educational access to underserved communities [6] Group 3: University of Wisconsin-Madison - Bjorn Borgen donated $25 million to the University of Wisconsin-Madison, which includes a $5 million endowment for experiential learning in mechanical engineering and $20 million for the Engineering the Future Capital Campaign Fund [8] - In recognition of his contribution, a wing in the new engineering building will be named the Bjorn Borgen Learning Commons [8] - Borgen aims to enhance the university's engineering program and increase student enrollment [9]
BNY Mellon’s (BK) Dividend Growth Strategy and its Status as a Best Performing Stock in 2025
Yahoo Finance· 2025-09-18 20:32
Group 1 - The Bank of New York Mellon Corporation (NYSE:BK) is recognized as one of the 15 Best Performing Dividend Stocks in 2025 [1] - The company has a history of over 240 years and is known for providing innovative financial solutions globally [2] - Management highlighted a disciplined approach focused on organic growth rather than large-scale mergers and acquisitions during the recent earnings call [3] Group 2 - The company is transitioning approximately half of its workforce to a platform-based model and integrating its Eliza AI tool, enhancing its capabilities in digital assets [4] - BNY Mellon achieved 500 basis points of positive operating leverage while maintaining a strong 92% payout ratio, balancing margin improvements with growth investments [4] - On July 15, the company announced a 13% increase in its quarterly dividend to $0.53 per share, extending its dividend growth streak to 15 years, with a current dividend yield of 1.99% as of September 15 [5]
BNY Decreases Prime Lending Rate to 7.25%
Prnewswire· 2025-09-17 20:46
Group 1 - BNY announced a decrease in the Prime Lending Rate by 0.25%, from 7.50% to 7.25%, effective September 18, 2025 [1] - As of June 30, 2025, BNY oversees $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management [2] - BNY has been recognized among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators [2] Group 2 - BNY and Carnegie Mellon University have entered a five-year, $10 million agreement to advance research and development in AI [4]
The Bank of New York Mellon (BK) Partners with Carnegie Mellon University to Advance AI Research
Yahoo Finance· 2025-09-17 18:27
Core Insights - The Bank of New York Mellon Corporation (NYSE:BK) is recognized as one of the best-performing financial stocks in 2025, highlighted by a recent partnership with Carnegie Mellon University to invest $10 million in artificial intelligence research [1][2]. Group 1: Partnership and Investment - The collaboration with Carnegie Mellon University aims to establish a Bank of New York AI Lab, which will integrate CMU students, faculty, and BNY experts to develop new AI technologies focused on trust, governance, and accountability in financial services [2][3]. - A dedicated research space will be created on CMU's Pittsburgh campus in the 2025–26 academic year to facilitate research, education, and talent collaboration in AI [3]. Group 2: Company Overview - The Bank of New York Mellon Corporation is a global financial services company that offers securities services, market and wealth services, and investment and wealth management to both institutional and retail clients [4].
This Week’s Large Cap Acquirer’s Multiple® Screen: Energy and Financials Continue To Dominate
Acquirersmultiple· 2025-09-17 00:43
Core Insights - Energy and Financial sectors are leading the value landscape, with companies like Petrobras, Bank of New York Mellon, and Equinor showing attractive screening metrics despite market skepticism about cash flow durability [1][5]. Group 1: Company Analysis - Petrobras (PBR) is trading at an Acquirer's Multiple (AM) of 4.1 and has a free cash flow yield of 35.0% [2]. - Bank of New York Mellon (BK) has a lower AM of 2.1, supported by consistent buybacks and dividends [2]. - Synchrony Financial (SYF) trades at an AM of 2.4 with a free cash flow yield of 34.8%, indicating strong shareholder returns despite market concerns about consumer credit risk [3]. - Equinor (EQNR) is trading at an AM of 2.6, with an 11.8% free cash flow yield and a dividend yield exceeding 10% [4]. Group 2: Market Dynamics - The market continues to treat the energy sector as a sunset industry, despite strong free cash flow generation [5]. - The finance sector is experiencing compressed multiples due to concerns over credit risk and rate sensitivity [5]. - Historical patterns suggest that these market dynamics create opportunities for contrarian investors [5][6]. Group 3: Investment Implications - The current screening reinforces the trend of energy leading in deep value, with finance providing additional discounted exposure [6]. - Long-term investors who are willing to go against consensus may find these sectors offer a "patience premium" typical of value investing [6].