Bank of New York Fundamentals

BK
 Stock
  

USD 44.37  0.38  0.86%   

Bank Of New fundamentals help investors to digest information that contributes to Bank of New York's financial success or failures. It also enables traders to predict the movement of Bank of New York Stock. The fundamental analysis module provides a way to measure Bank of New York's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank of New York stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Bank of New York Net Income is increasing as compared to previous years. The last year's value of Net Income was reported at 3.76 Billion. The current Net Income Common Stock is estimated to increase to about 3.7 B, while Selling General and Administrative Expense is projected to decrease to under 7.9 B.

Bank of New York Gross Profit Analysis

Bank of New York's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Bank of New York Gross Profit

17.34 Billion

Gross Profit 
 = 
Revenue 
-  
Cost of Revenue 
More About Gross Profit | All Equity Analysis

Current Bank of New York Gross Profit

    
  16.16 B  
Most of Bank of New York's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank Of New is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bank of New York Gross Profit Historical Pattern

Today, most investors in Bank of New York Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bank of New York's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bank of New York gross profit as a starting point in their analysis.
   Bank of New York Gross Profit   
Share
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Compare to competition

Bank of New York Gross Profit

Gross Profit

17.34 Billion

Bank of New York Gross Profit is increasing as compared to previous years. The last year's value of Gross Profit was reported at 15.93 Billion
According to the company disclosure, Bank Of New reported 16.16 B of gross profit. This is 94.5% lower than that of the Financial Services sector and significantly higher than that of the Asset Management industry. The gross profit for all United States stocks is 40.97% higher than that of the company.

Bank of New York Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bank of New York's current stock value. Our valuation model uses many indicators to compare Bank of New York value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of New York competition to find correlations between indicators driving Bank of New York's intrinsic value. More Info.
Bank Of New is number one stock in price to book category among related companies. It is number one stock in earnings per share category among related companies creating about  4.26  of Earnings Per Share per Price to Book. The current Earnings Before Interest Taxes and Depreciation Amortization EBITDA is estimated to increase to about 6.7 B. The current Earnings before Tax is estimated to increase to about 4.9 B. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bank of New York by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bank of New York's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bank of New York's earnings, one of the primary drivers of an investment's value.

Bank of New York Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of New York's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank of New York could also be used in its relative valuation, which is a method of valuing Bank of New York by comparing valuation metrics of similar companies.
Bank of New York is currently under evaluation in operating margin category among related companies.

Bank of New York Current Valuation Drivers

We derive many important indicators used in calculating different scores of Bank of New York from analyzing Bank of New York's financial statements. These drivers represent accounts that assess Bank of New York's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bank of New York's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee77.91 K83.16 K91.76 K74.37 K76.56 K66.74 K
Revenue Per Employee316.51 K374.52 K430.21 K348.32 K329.08 K306.01 K
Average Assets354.63 B359.79 B370.49 B452.13 B461.73 B460.97 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA6.06 B6.54 B6.88 B6.09 B6.5 B6.72 B
Earnings Before Interest Taxes and Depreciation Amortization USD6.06 B6.54 B6.88 B6.09 B6.5 B6.72 B
Earnings before Tax4.59 B5.2 B5.56 B4.46 B4.64 B4.93 B
Average Equity40.22 B41.36 B41.34 B43.89 B44.22 B45.97 B
Enterprise Value3.11 B(5.81 B)(5.51 B)(44.49 B)(61.27 B)(66.11 B)
Free Cash Flow3.47 B4.91 B(1.11 B)3.82 B1.66 B2.31 B
Invested Capital291.16 B302.88 B294.62 B327.69 B343.08 B340.44 B
Invested Capital Average281.86 B289.67 B301.94 B327.79 B339.38 B336.96 B
Market Capitalization55.15 B46.54 B46.41 B37.61 B47.96 B49.92 B
Tangible Asset Value350.78 B342.3 B361.01 B449.12 B423.94 B431.84 B

Bank of New York ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bank of New York's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank of New York's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Bank of New York Fundamentals

About Bank of New York Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank Of New's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of New York using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Of New based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Revenues15.9 B17.3 B
Revenue to Assets 0.036356  0.0452 
Revenue Per Employee329.1 K306 K
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. It employs 50800 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bank of New York without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run My Watchlist Analysis Now

   

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
All  Next Launch Module

Pair Trading with Bank of New York

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 Bank of New York 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 Bank of New York will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank of New York

0.8BAMBrookfield Asset Man Earnings Call  TodayPairCorr
0.73BENFranklin Resources Fiscal Year End 7th of November 2022 PairCorr
0.62BLKBlackrock Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Bank of New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of New York 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 Bank of New York - 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 Bank Of New to buy it.
The correlation of Bank of New York is a statistical measure of how it moves in relation to other equities. 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 Bank of New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of New York 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 Bank of New York 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
Continue to Bank of New York Piotroski F Score and Bank of New York Altman Z Score analysis. Note that the Bank of New York information on this page should be used as a complementary analysis to other Bank of New York's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Bank of New York Stock analysis

When running Bank of New York price analysis, check to measure Bank of New York's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of New York is operating at the current time. Most of Bank of New York's value examination focuses on studying past and present price action to predict the probability of Bank of New York's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bank of New York's price. Additionally, you may evaluate how the addition of Bank of New York to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Is Bank of New York's industry 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 of New York 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 YOY
-0.089
Market Capitalization
34.8 B
Quarterly Revenue Growth YOY
0.04
Return On Assets
0.0075
Return On Equity
0.0792
The market value of Bank of New York is measured differently than its book value, which is the value of Bank of New York 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 Bank of New York value 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.