Bank Of New York Mellon Corp
BK
Market Cap$50.7B
Close$
Earnings Call Q2 2024
July 12, 2024 - AI Summary
BNY delivered solid EPS growth and positive operating leverage in the second quarter, with reported earnings per share of $1.52, up 16% YoY.
Total revenue increased by 2% YoY, driven by a 5% growth in investment services fees and a 16% increase in foreign exchange revenue.
Expenses were down 1% YoY, reflecting efficiency savings, but were up 1% excluding notable items due to higher investments and employee merit increases.
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$192.69
180.5% upside
Current Fair Value
180.5% upsideUndervalued by 180.5% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $50.70 Billion |
|---|---|
| Enterprise Value | $145.16 Billion |
| Dividend Yield | $1.88 (2.52%) |
| Earnings per Share | $3.89 |
| Beta | 1.07 |
| Outstanding Shares | 737,958,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 15.12 |
|---|---|
| PEG | 212.32 |
| Price to Sales | 2.99 |
| Price to Book Ratio | 1.25 |
| Enterprise Value to Revenue | 8.21 |
| Enterprise Value to EBIT | 34.22 |
| Enterprise Value to Net Income | 43 |
| Total Debt to Enterprise | 0.33 |
| Debt to Equity | 1.16 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Bank Of New York Mellon Corp
48,400 employees
CEO: Thomas Gibbons BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual ...