Bank of New York Stock Today

BK
 Stock
  

USD 41.58  0.50  1.19%   

Market Performance
0 of 100
Odds Of Distress
Over 51
Bank of New York is trading at 41.58 as of the 7th of July 2022. This is a -1.19 percent down since the beginning of the trading day. The stock's last reported lowest price was 41.14. Bank of New York has 51 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Bank Of New are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of July 2020 and ending today, the 7th of July 2022. Click here to learn more.
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 825.82 M outstanding shares of which 8.67 M shares are currently sold short in the market by investors with about 1.69 days to cover all shorted shares. More on Bank Of New

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Bank of New York Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Bank of New York's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of New York or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Bank of New York generated a negative expected return over the last 90 days
Bank of New York has high likelihood to experience some financial distress in the next 2 years
Bank Of New was also traded as BANK OF NEW on New York Stock Exchange under the symbol BK-PC.
Bank of New York has a poor financial position based on the latest SEC disclosures
Over 85.0% of the company shares are held by institutions such as insurance companies
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Older SymbolBK-PC
CEOJames Crowley
SEC FilingsBank of New York Security & Exchange Commission EDGAR Reports
Thematic Ideas
Showing 3 out of 5 themes
Fama & French Classification
Average Analyst Recommendation
Analysts covering Bank of New York report their recommendations after researching Bank of New York's financial statements, talking to executives and customers, or listening in on Bank of New York's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Bank of New York. The Bank of New York consensus assessment is calculated by taking the average forecast from all of the analysts covering Bank of New York.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Bank of New York based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Bank of New York financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares891.2 M851.9 M
Sufficiently Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted895.4 M856.4 M
Sufficiently Up
Decreasing
Slightly volatile
Net Cash Flow from Operations3.4 B2.8 B
Fairly Up
Increasing
Stable
Total Assets455 B444.4 B
Fairly Up
Increasing
Slightly volatile
Total Liabilities409 B401 B
Fairly Up
Increasing
Slightly volatile
Total Debt41.6 B38.2 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.00980.0092
Notably Up
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.03420.0315
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Bank of New York's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Bank Of New (BK) is traded on New York Stock Exchange in USA. It is located in 240 Greenwich Street, New York, NY 10286, United States and employs 49,600 people. Bank Of New was also traded as BANK OF NEW on New York Stock Exchange under the symbol BK-PC. Bank of New York is listed under Banking category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with market capitalization of 34.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of New York's market, we take the total number of its shares issued and multiply it by Bank of New York's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Bank of New York is active under Financial Services sector as part of Asset Management industry. The entity has 825.82 M outstanding shares of which 8.67 M shares are currently sold short in the market by investors with about 1.69 days to cover all shorted shares. Bank Of New reports about 201.94 B in cash with 2.84 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 249.98, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Bank of New York Probability Of Bankruptcy
Ownership
Bank of New York holds a total of eight hundred twenty-five million eight hundred twenty thousand 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 about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Bank of New York Ownership Details

Bank of New York Stock Price Odds Analysis

What are Bank of New York's target price odds to finish over the current price? Coming from a normal probability distribution, the odds of Bank of New York jumping above the current price in 90 days from now is about 89.58%. The Bank Of New probability density function shows the probability of Bank of New York stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.1111 suggesting Bank Of New market returns are responsive to returns on the market. As the market goes up or down, Bank of New York is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Bank of New York is significantly underperforming DOW.
  Odds Below 41.58HorizonTargetOdds Above 41.58
10.32%90 days
 41.58 
89.58%
Based on a normal probability distribution, the odds of Bank of New York to move above the current price in 90 days from now is about 89.58 (This Bank Of New probability density function shows the probability of Bank of New York Stock to fall within a particular range of prices over 90 days) .

Bank of New York Historical Income Statement

Bank Of New Income Statement is one of the three primary financial statements used for reporting Bank of New York's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bank of New York revenue and expense. Bank of New York Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. View More Fundamentals

Bank of New York Stock Against Markets

Picking the right benchmark for Bank of New York stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bank of New York stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bank of New York is critical whether you are bullish or bearish towards Bank Of New at a given time.

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.

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Bank of New York Corporate Directors

Bank of New York corporate directors refer to members of a Bank of New York board of directors. The board of directors generally takes responsibility for the Bank of New York's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Bank of New York's board members must vote for the resolution. The Bank of New York board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Catherine Rein - Independent DirectorProfile
Samuel Scott - Independent DirectorProfile
Mark Nordenberg - Independent DirectorProfile
Edward Garden - Independent DirectorProfile

Investing Bank Of New

You need to understand the risk of investing before taking a position in Bank of New York. The danger of trading Bank Of New is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bank of New York is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bank of New York. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bank of New York is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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.
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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.
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.