Investors in The Bank of New York Mellon Corporation (BK) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $27.5 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the o ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

The Bank of New York Mellon Corporation (NYSE:BK) Q2 2024 Earnings Call Transcript July 12, 2024 9:30 AM ET Company Participants Marius Merz - Head of IR Robin Vince - President and CEO Dermot McDonogh - CFO Conference Call Participants Ken Usdin - Jefferies Glenn Schorr - Evercore ISI Ebrahim Poonawala - Bank of America Steven Chubak - Wolfe Research Brennan Hawken - UBS Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Securities Alex Blostein - Goldman Sachs Gerard Cassidy - RBC Brian Bedell - Deuts ...

Leading independent broker-dealer & RIA with over $6B in assets under management expands and enhances its wealth management platform CHICAGO, July 12, 2024 /PRNewswire/ -- Arete Wealth, a full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA), has announced the expansion of its clearing and multi-custodial wealth management platform via long-term clearing, custody, and technology agreements with BNY Pershing, a leading provider of global financial business solutions. As part of the a ...

The Bank of New York Mellon Corporation (BK) reported $4.6 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 3.2%. EPS of $1.51 for the same period compares to $1.38 a year ago.The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $4.54 billion. With the consensus EPS estimate being $1.43, the EPS surprise was +5.59%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

The Bank of New York Mellon Corporation’s (BK) second-quarter 2024 adjusted earnings of $1.51 per share surpassed the Zacks Consensus Estimate of $1.43. Also, the bottom line reflects a rise of 9.4% from the prior-year quarter.BK shares have gained more than 2% in the pre-market trading on better-than-expected results.Results have been primarily aided by a rise in fee revenues and lower expenses. The assets under custody and/or administration (AUC/A) and assets under management (AUM) balances grew on a soli ...

The Bank of New York Mellon Corporation (BK) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.59%. A quarter ago, it was expected that this company would post earnings of $1.19 per share when it actually produced earnings of $1.29, delivering a surprise of 8.40%.Over the last four qu ...

NEW YORK, July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common – a quarterly common stock dividend of $0.47 per share, payable on August 2, 2024 to shareholders of record as of the close of business on July 22, 2024. Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation prefer ...

NEW YORK, July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, has reported financial results for the second quarter 2024. The company's earnings release along with the quarterly financial highlights and other earnings-related documents are available at www.bny.com/investorrelations. Management will host a conference call and simultaneous live audio webcast at 9:30 a.m. ET today. This conference call and audio webcast will include f ...

The Bank of New York Mellon Corporation Financial Supplement Second Quarter 2024 Table of Contents | --- | --- | |-----------------------------------------|-------| | Consolidated Results | Page | | Consolidated Financial Highlights | 3 | | Condensed Consolidated Income Statement | 4 | | Condensed Consolidated Balance Sheet | 5 | | Fee and Other Revenue | 6 | | Average Balances and Interest Rates | 7 | | Capital and Liquidity | 8 | Business Segment Results | --- | --- | |------------------------------------ ...