Bank of New York Mellon (NYSE: BK ) has the distinction of being the world’s largest custodian bank. The stock held a Quant rating of Buy or Strong Buy continuously from July 2023 to November 2024 – aJoseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expressed in his research are solely his own; they do not represent the views or financial ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Shares of The Bank of New York Mellon Corporation (BK) , popularly known as BNY Mellon, have performed remarkably well this year. Last week, the stock touched a new 52-time high of $80.29 during Wednesday’s trading session, ending just 3% below this level on Friday.BK stock has soared 48% this year. It has widely outperformed its industry, the S&P 500 Index and close peers —Northern Trust (NTRS) and State Street (STT) . Year-to-Date Price Performance Image Source: Zacks Investment ResearchLast week was an i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-35651 THE BANK OF NEW YORK MELLON CORPORATION (Exact name of registrant as specified in its charter) Delaware ...

The Bank Of New York Mellon Corporation BK posted better-than-expected third-quarter results on Friday.The finance behemoth reported third-quarter adjusted earnings per share of $1.52 (+20% YoY), beating the street view of $1.42. Quarterly revenue of $4.648 billion, an increase of 5% year-over-year, surpassed the analyst consensus of $4.542 billion."BNY reported strong third quarter results, reflecting growth across our three business segments and consistent execution against our strategic priorities, with ...

The Bank of New York Mellon Corporation (NYSE:BK) Q3 2024 Earnings Conference Call October 11, 2024 11:00 AM ET Company Participants Marius Merz - Head, Investor Relations Robin Vince - President & Chief Executive Officer Dermot McDonogh - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Mike Mayo - Wells Fargo Brian Bedell - Deutsche Bank Alex Blostein - Goldman Sachs Gerard Cassidy - RBC Ebrahim Poonawala - Bank of America Betsy Graseck - Morgan Stanley Glenn Schorr - Evercore ISI ...

| --- | --- | |-------|-------| | | | | | | | | | | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------| | | | | | | | 3Q24 Financial Highlights | | | | | | Revenue Growth: | 5 % | | Expense Growth: | 0 % | | Pre-tax Margin: | 33 % | | ...

The Bank of New York Mellon Corporation (BK) reported $4.65 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.3%. EPS of $1.52 for the same period compares to $1.27 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.52 billion, representing a surprise of +2.76%. The company delivered an EPS surprise of +7.80%, with the consensus EPS estimate being $1.41.While investors scrutinize revenue and earnings changes year-over-year and ho ...

The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.80%. A quarter ago, it was expected that this company would post earnings of $1.43 per share when it actually produced earnings of $1.51, delivering a surprise of 5.59%. Over the last four ...

| --- | --- | |------------|----------------------------------------| | The Bank | of New York Mellon Corporation | | | Financial Supplement | | | Third Quarter 2024 | | --- | --- | |-----------------------------------------------------------------------------------------------------------------|-------| | Table of Contents | | | | | | Consolidated Results | Page | | Consolidated Financial Highlights | 3 | | Condensed Consolidated Income Statement | 4 | | Condensed Consolidated Balance Sheet | 5 | | Fee and ...