Description of Business The Bank of New York Mellon Corporation, a Delaware corporation (NYSE symbol: BK), is a global financial services platforms company headquartered in New York, New York, with $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management as of Dec. 31, 2025. With its subsidiaries, BNY has been in business since 1784. We divide our businesses into three principal business segments: Securities Services, Market and Wealth Services and Investment and Wealth Management. We also have an Other segment, which includes the corporate treasury activities (including our securities portfolio), tax credit investments and other corporate investments, corporate and bank-owned life insurance, derivatives and other trading activity, and certain business exits.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 40.8B | 40.8B | 39.9B | 34.0B | 20.0B | 16.2B |
| Net Income | 5.3B | 5.3B | 4.3B | 3.1B | 2.4B | 3.6B |
| EPS | $7.40 | $7.40 | $5.80 | $3.89 | $2.90 | $4.14 |
| Free Cash Flow | 5.2B | 5.2B | -782M | 4.7B | 13.7B | 1.6B |
| ROIC | 7.6% | 7.2% | 6.0% | 4.3% | 3.3% | 5.2% |
| Gross Margin | 49.2% | 49.2% | 46.5% | 51.7% | 81.7% | 97.2% |
| Debt/Equity | 0.76 | 0.76 | 0.75 | 0.77 | 0.75 | 0.60 |
| Dividends/Share | $2.02 | $2.00 | $1.78 | $1.58 | $1.42 | $1.30 |
| Operating Income | 7.1B | 7.1B | 5.8B | 4.3B | 3.3B | 4.6B |
| Operating Margin | 17.3% | 17.3% | 14.7% | 12.6% | 16.6% | 28.8% |
| ROE | 12.0% | 12.4% | 10.5% | 7.5% | 5.8% | 8.3% |
| Shares Outstanding | 717M | 717M | 748M | 788M | 814M | 858M |
Bank of New York Mellon Corp passes 5 of 9 quality checks, suggesting mixed fundamentals.
Bank of New York Mellon Corp trades at 17.5x trailing earnings, compared to its 15-year median P/E of 12.2x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 17.9x vs a median of 8.3x. The company's 5-year average ROIC is 5.2% with a gross margin of 65.2%. Total shareholder yield (dividends + buybacks) is 5.4%. At current prices, the estimated annualized return to fair value is +24.3%.
Bank of New York Mellon Corp (BK) has a current P/E ratio of 17.5, compared to its historical median P/E of 12.2. The stock is currently considered Expensive based on its historical valuation range.
Bank of New York Mellon Corp (BK) has a 5-year average return on invested capital (ROIC) of 5.2%. This is below average and may indicate limited pricing power.
Bank of New York Mellon Corp (BK) has a market capitalization of $92.6B. It is classified as a large-cap stock.
Yes, Bank of New York Mellon Corp (BK) pays a dividend with a trailing twelve-month yield of 1.56%. The company also returns capital through share buybacks, with a buyback yield of 3.82%.
Based on historical P/E analysis, Bank of New York Mellon Corp (BK) appears expensive. The current P/E of 17.5 is 43% above its historical median of 12.2. The estimated fair value CAGR (P/E method) is 8.8%.
Bank of New York Mellon Corp (BK) operates in the State Commercial Banks industry, within the Financials sector.
Bank of New York Mellon Corp (BK) reported annual revenue of $40.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
Bank of New York Mellon Corp (BK) has a net profit margin of 13.0%. This is a healthy margin.
Bank of New York Mellon Corp (BK) generated $5.2 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Bank of New York Mellon Corp (BK) has a debt-to-equity ratio of 0.76. This indicates moderate leverage.
Bank of New York Mellon Corp (BK) reported earnings per share (EPS) of $7.40 in its most recent fiscal year.
Bank of New York Mellon Corp (BK) has a return on equity (ROE) of 12.4%. This indicates moderate shareholder returns.
Bank of New York Mellon Corp (BK) has a 5-year average gross margin of 65.2%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for Bank of New York Mellon Corp (BK), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Bank of New York Mellon Corp (BK) has a book value per share of $61.80, based on its most recent annual SEC filing.
No recent press releases.