The Bank of New York Mellon(BK)
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Interview: BNY’s Carl Slabicki on RTP – an invaluable payment option for corporate customers
Yahoo Finance· 2026-03-26 12:42
Real-time payment capabilities are transforming how companies manage liquidity and streamline operations and The Bank of New York Mellon (BNY) has form when it comes to payments firsts.On 10 February last year, BNY took centre stage as the new era of real-time, higher-value payments was born. Specifically, The Clearing House and BNY announced the successful completion of the largest instant payment($10m) in US history and the first-ever payment on the RTP network exceeding $1m. This followed the increase i ...
MTB or BK: Which Is the Better Value Stock Right Now?
ZACKS· 2026-03-24 16:41
Investors interested in Banks - Major Regional stocks are likely familiar with M&T Bank Corporation (MTB) and The Bank of New York Mellon Corporation (BK) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our ...
Morgan Stanley Moves Forward with Spot Bitcoin ETF Plans with Revised SEC Registration
Crowdfund Insider· 2026-03-20 12:32
Morgan Stanley Investment Management, part of Morgan Stanley (NYSE:MS), pushing ahead with its bid to launch a spot Bitcoin exchange-traded fund, submitting a second amendment to its Form S-1 registration statement with the US Securities and Exchange Commission (SEC). This latest filing for the Morgan Stanley Bitcoin Trust, known internally as the MSBT product, refines key operational elements and brings the proposal closer to potential trading on the NYSE Arca exchange under the ticker symbol MSBT.The move ...
Mario Gabelli Backs Bank of New York Mellon (BK) on Global Investment Services Strength
Yahoo Finance· 2026-03-11 21:23
Group 1 - Bank of New York Mellon Corp. (NYSE:BK) is considered a strong investment opportunity by billionaire Mario Gabelli, with a significant position in GAMCO Investors' portfolio [1][8] - The stock experienced a robust performance in 2025, increasing over 50%, but has seen a decline of approximately 1% year-to-date in 2026, resulting in a total performance of 37% over the past year [2] - Gabelli noted that the company benefits from a steeper interest rate curve, a resurgence in deal-making, a strong stock market, and solid spending among affluent consumers [3] Group 2 - As of September 30, Bank of New York Mellon had $57.8 trillion in assets under custody and $2.1 trillion in assets under management, indicating its significant scale in the financial services industry [3] - A recent report from Bank of America assigned an 18x multiple to the company's 2026 earnings, which is higher than the 5-year pre-pandemic average of 13x, leading to a price target of $142 [4] - The company operates globally, providing investment management and services, including custody and asset servicing, to a diverse range of institutional clients, corporations, and governments [5]
America’s Oldest Bank Hired 130+ AI Employees | WSJ Leadership Institute
WSJ News· 2026-03-09 14:00
BNY CEO Robin Vince reveals how the nation's oldest bank is deploying over 130 AI-powered "digital employees" to work side-by-side with humans. Vince also explains the psychological challenge of changing company culture and why every top executive needs a coach. Recorded on January 21, 2026. #AI #Banking #WSJ ...
How Is Bank of New York Mellon's Stock Performance Compared to Other Financial Service Stocks?
Yahoo Finance· 2026-03-06 16:32
Company Overview - The Bank of New York Mellon Corporation (BK) has a market capitalization of $80.2 billion and provides a variety of banking, investment, and wealth management services globally [1] - BNY Mellon is categorized as a "large-cap" stock and operates in key segments including Securities Services, Market and Wealth Services, and Investment and Wealth Management [2] Stock Performance - BNY Mellon's shares have decreased by 11.4% from their 52-week high of $128.76, but have risen slightly over the past three months, outperforming the State Street Financial Select Sector SPDR ETF (XLF), which dropped by 6.3% [3] - Year-to-date, BK stock has seen a marginal decline, exceeding XLF's 8.1% dip, while over the past 52 weeks, BNY Mellon shares surged by 35.4%, compared to XLF's 1.9% return [4] Financial Results - The company reported record net income of $5.3 billion for 2025, with total revenue of $20.1 billion, and Q4 2025 revenue of $5.2 billion, reflecting a 7% year-over-year increase; earnings per share (EPS) rose by 31% to $2.02 [5] - BNY Mellon has raised its medium-term targets, increasing its pretax margin goal by 500 basis points to 38% and targeting a return on tangible common equity of 28%, supported by AI initiatives and digital-asset innovation [5] Analyst Ratings - Analysts maintain a cautiously optimistic outlook on BK, with a consensus rating of "Moderate Buy" from 19 analysts; the mean price target is $134.79, indicating a potential upside of 17.7% from current levels [6]
X @Decrypt
Decrypt· 2026-03-04 18:52
Morgan Stanley Picks Coinbase, BNY Mellon as Custodians for Planned Bitcoin ETFhttps://t.co/czHKs7pJgl ...
3 Major Regional Banks to Bet on Amid Favorable Industry Tailwinds
ZACKS· 2026-03-04 14:51
Industry Overview - The Zacks Major Regional Banks industry includes the largest banks in the U.S. by assets, operating globally, and their performance is closely tied to the nation's economic health [3] - Major regional banks provide a wide range of financial services, including traditional banking, credit and debit cards, mortgage banking, wealth management, and investment banking, generating revenue from fees and commissions [3] Economic Environment - The Federal Reserve is expected to lower interest rates, with a 75-basis-point cut in 2025 and a 100-basis-point cut in 2024, which will benefit major regional banks by stabilizing and eventually reducing funding costs [4] - U.S. economic growth is projected to improve, which, along with declining borrowing costs, is likely to drive loan demand and expand net interest income (NII) and net interest margins (NIM) for major regional banks [5] Business Strategies - Major regional banks are restructuring to diversify revenue streams and reduce reliance on NII, investing in technology and digital platforms, and expanding both domestically and globally [6] - Companies are focusing on strategic acquisitions and partnerships to enhance their market position and capabilities, such as U.S. Bancorp's acquisition of BTIG for $1 billion [20] Asset Quality Concerns - Economic uncertainties and inflationary pressures are raising concerns about asset quality, leading banks to increase loan-loss reserves to prepare for potential defaults [7] - Despite these challenges, disciplined underwriting practices have helped maintain asset quality, although some credit indicators have risen above pre-pandemic levels [7] Performance Metrics - The Zacks Major Regional Banks industry ranks 21, placing it in the top 9% of over 240 Zacks industries, indicating solid prospects for outperformance [8] - The industry's earnings estimates for 2026 and 2027 have been revised upward by 2.7% and 2.9%, respectively, reflecting an improving outlook [10] Stock Market Performance - The industry has collectively increased by 48% over the past two years, outperforming the S&P 500 composite, which rose by 40.5% [11] - The current trailing 12-month price-to-tangible book ratio (P/TBV) for the industry is 2.55X, significantly lower than the S&P 500's 12.32X, indicating attractive valuation [14][16] Key Companies - **U.S. Bancorp**: With a market cap of $84.9 billion, it has seen consistent growth in NII and plans to continue expanding through acquisitions and capital distribution activities, including a recent 4% dividend hike [23][22] - **The Bank of New York Mellon Corporation (BK)**: Operating in 35 countries, it has a market cap of $82.1 billion and is focusing on digitization and new service launches to drive growth, with earnings growth estimates of 10.9% for 2026 [29][26] - **Northern Trust Corporation (NTRS)**: With total assets of $177.1 billion, it has a market cap of $27 billion and is focusing on organic growth and expense management, with a recent 7% dividend increase [31][35]
X @BSCN
BSCN· 2026-03-03 13:46
⚡️UPDATE: SWIFT AND BNY MELLON TEAM UP ON BLOCKCHAIN LEDGER FOR CROSS-BORDER PAYMENTS@Swiftcommunity and BNY Mellon team up to design a blockchain-based ledger to modernize cross-border payments and tokenized-asset settlement.The partnership brings together the world's dominant interbank messaging network with one of its largest custodian banks."Swift's work on a shared ledger represents an important step toward exploring how cross-border transactions can become faster, more transparent, and more resilient, ...
美股科技、银行股深夜大跌,CoreWeave重挫17%,戴尔狂飙18%,金银原油齐涨,美伊战争风险急剧升高
2 1 Shi Ji Jing Ji Bao Dao· 2026-02-27 15:32
Market Overview - The U.S. stock market indices collectively declined, with all three major indices falling over 1% [1] - Major technology stocks mostly dropped, with Oracle and Salesforce down over 4%, and the "Big Seven" tech stocks, including Nvidia and Microsoft, down over 2% [1] Individual Stock Performance - Apple shares fell by 1.39%, Amazon by 0.81%, Google by 0.28%, Facebook by 2.34%, Microsoft by 2.15%, Nvidia by 2.24%, and Tesla by 1.14% [2] - Semiconductor stocks experienced a significant decline, with the Philadelphia Semiconductor Index leading the market drop, and companies like Bluefin Semiconductor down over 5% and Broadcom and GlobalFoundries down over 2% [2] - Bank stocks also saw a downturn, with Barclays and Citigroup down approximately 4%, and Bank of America and Wells Fargo down over 4% [2] Notable Stock Movements - CoreWeave's stock plummeted over 17%, marking its largest drop since August of the previous year due to concerns over massive capital expenditures [4] - Duolingo's stock fell by 22%, reaching its lowest level since February 2023, as the company's booking outlook for Q1 and the full year fell short of expectations [4] - Dell Technologies saw its stock surge by 18%, the largest intraday increase since April 9, as its revenue guidance for fiscal 2027 exceeded market expectations [4] - Netflix's stock rose by 12%, marking its largest increase since January 2025, following its exit from the Warner Bros. bidding war [4] - Block, the U.S. version of Alipay, increased nearly 20%, achieving its largest intraday gain since February 2024 [4] Commodity Market - Gold and silver prices surged due to escalating tensions in the Middle East, with silver rising approximately 5% and gold exceeding $5,230 [3][5] - International oil prices also spiked, with WTI and ICE Brent crude both increasing over 3% [3][5] - Year-to-date, international oil prices have risen nearly 20%, with potential for significant fluctuations depending on geopolitical developments involving the U.S. and Iran [5] Cryptocurrency Market - The cryptocurrency market experienced a widespread decline, with Bitcoin down 2.5% and Ethereum down over 5%, leading to over 100,000 liquidations globally in the past 24 hours [5]