The Bank of New York Mellon(BK)
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Dividend Stability in Financial Services: The Case for Bank of New York Mellon (BK)
Yahoo Finance· 2025-09-28 01:19
Core Insights - The Bank of New York Mellon Corporation (BK) is recognized as one of the 11 Best Bank Dividend Stocks to Buy, highlighting its strong position in the market [1] - The bank has a long-standing history of over 240 years, providing innovative financial solutions globally [2] Financial Performance - In the latest quarterly results, BK reported an increase in average assets due to deposit growth, with a CET1 ratio of 11.5%, consistent with the previous period [3] - During the second quarter, BK returned $1.2 billion in capital to common shareholders, resulting in a year-to-date total payout ratio of 92% [3] Dividend Information - BK currently pays a quarterly dividend of $0.53 per share, translating to a dividend yield of 1.96% as of September 24 [4] - The company has a strong dividend history, having increased its payouts for 15 consecutive years, making it one of the best dividend stocks in the banking sector [4]
11 Best Bank Dividend Stocks to Buy
Insider Monkey· 2025-09-27 23:53
Core Viewpoint - The banking sector presents attractive investment opportunities, particularly in dividend stocks, as banks tend to perform well following Federal Reserve rate cuts, provided the economy remains stable [2][3]. Group 1: Market Analysis - A Wells Fargo analysis indicates that banks have historically outperformed after the Federal Reserve lowers rates, especially within the first three months post-cut [2]. - The recent 25 basis points (0.25%) reduction in the federal funds rate is expected to stimulate business activity, benefiting banks [2][3]. - The potential for deregulation under the Trump administration may provide additional support for the banking industry [3]. Group 2: Dividend Stocks Overview - The article highlights the top 10 bank dividend stocks based on hedge fund popularity in Q2 2025, utilizing data from nearly 1,000 hedge funds [6]. - The strategy of following hedge fund stock picks has shown significant outperformance, with a 373.4% return since May 2014, surpassing benchmarks by 218 percentage points [7]. Group 3: Individual Bank Highlights - **Royal Bank of Canada (NYSE:RY)**: - Largest bank in Canada with a strong balance sheet and diverse revenue sources, including a recent acquisition of HSBC Canada [10]. - Consistent dividend growth for 15 years, currently offering a quarterly dividend of C$1.54 per share and a yield of 3.03% [11]. - **U.S. Bancorp (NYSE:USB)**: - Known for strong profitability and reliability as a dividend payer, with a quarterly dividend of $0.52 per share and a yield of 4.23% [14]. - Maintained profitability through economic downturns, showcasing disciplined risk management [13]. - **The Bank of New York Mellon Corporation (NYSE:BK)**: - Established provider of financial solutions with a strong dividend history, currently paying a quarterly dividend of $0.53 per share and a yield of 1.96% [17]. - Returned $1.2 billion in capital to shareholders in the latest quarter, with a year-to-date payout ratio of 92% [16].
X @Chainlink
Chainlink· 2025-09-23 22:07
Swift & BNY Mellon will join Chainlink tomorrow in NYC for an invite-only event with premier institutions & policy leaders.Speakers include:• @TomZschach, CIO at Swift• Patrick Corker, Managing Director, Digital Assets at BNY MellonDetails ↓https://t.co/VgVIlDJbgQ ...
Canadian Banc Corp. Announces Class A Share Split and Increased Total Distributions
Globenewswire· 2025-09-23 13:00
Core Points - Canadian Banc Corp. plans to execute a share split of its Class A shares due to strong performance, with shareholders receiving 10 additional shares for every 100 held, pending approval from the Toronto Stock Exchange [1] - Following the share split, Class A shareholders will continue to receive monthly cash distributions targeted at an annualized rate of 15%, resulting in an approximate 10% increase in total distributions due to the issuance of additional shares [2] - The Class A shares will begin trading on an ex-split basis on September 26, 2025, with no fractional shares issued, and the split is a non-taxable event [3] Investment Strategy - The Company invests in a portfolio of six publicly traded Canadian banks, including Bank of Montreal and Royal Bank of Canada, with share weights ranging from 5-20% [4] - To enhance returns beyond dividend income, the Company employs a selective covered call writing program [4]
Major Naming Gifts Received By Dartmouth, U. Arizona, And U. Wisconsin
Forbes· 2025-09-23 10:00
Shonda Rhimes has committed $15 million to her alma mater, Dartmouth College, for a new residence hall (Photo by Cindy Ord/Getty Images for BAFTA).Getty Images for BAFTAThree of the nation’s prominent universities reported receiving multi-million-dollar private gifts Monday. Dartmouth College, the University of Arizona, and the University of Wisconsin-Madison will honor each of their respective donors with naming recognitions.University of ArizonaThe University of Arizona was given $20 million by the Garcia ...
BNY Mellon’s (BK) Dividend Growth Strategy and its Status as a Best Performing Stock in 2025
Yahoo Finance· 2025-09-18 20:32
The Bank of New York Mellon Corporation (NYSE:BK) is included among the 15 Best Performing Dividend Stocks So Far in 2025. BNY Mellon’s (BK) Dividend Growth Strategy and its Status as a Best Performing Stock in 2025 Photo by Viacheslav Bublyk on Unsplash The Bank of New York Mellon Corporation (NYSE:BK) is an American bank holding company. It has a history of more than 240 years and has built a reputation for delivering innovative financial solutions that serve businesses, communities, and individuals w ...
BNY Decreases Prime Lending Rate to 7.25%
Prnewswire· 2025-09-17 20:46
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard in ...
The Bank of New York Mellon (BK) Partners with Carnegie Mellon University to Advance AI Research
Yahoo Finance· 2025-09-17 18:27
Core Insights - The Bank of New York Mellon Corporation (NYSE:BK) is recognized as one of the best-performing financial stocks in 2025, highlighted by a recent partnership with Carnegie Mellon University to invest $10 million in artificial intelligence research [1][2]. Group 1: Partnership and Investment - The collaboration with Carnegie Mellon University aims to establish a Bank of New York AI Lab, which will integrate CMU students, faculty, and BNY experts to develop new AI technologies focused on trust, governance, and accountability in financial services [2][3]. - A dedicated research space will be created on CMU's Pittsburgh campus in the 2025–26 academic year to facilitate research, education, and talent collaboration in AI [3]. Group 2: Company Overview - The Bank of New York Mellon Corporation is a global financial services company that offers securities services, market and wealth services, and investment and wealth management to both institutional and retail clients [4].
This Week’s Large Cap Acquirer’s Multiple® Screen: Energy and Financials Continue To Dominate
Acquirersmultiple· 2025-09-17 00:43
Core Insights - Energy and Financial sectors are leading the value landscape, with companies like Petrobras, Bank of New York Mellon, and Equinor showing attractive screening metrics despite market skepticism about cash flow durability [1][5]. Group 1: Company Analysis - Petrobras (PBR) is trading at an Acquirer's Multiple (AM) of 4.1 and has a free cash flow yield of 35.0% [2]. - Bank of New York Mellon (BK) has a lower AM of 2.1, supported by consistent buybacks and dividends [2]. - Synchrony Financial (SYF) trades at an AM of 2.4 with a free cash flow yield of 34.8%, indicating strong shareholder returns despite market concerns about consumer credit risk [3]. - Equinor (EQNR) is trading at an AM of 2.6, with an 11.8% free cash flow yield and a dividend yield exceeding 10% [4]. Group 2: Market Dynamics - The market continues to treat the energy sector as a sunset industry, despite strong free cash flow generation [5]. - The finance sector is experiencing compressed multiples due to concerns over credit risk and rate sensitivity [5]. - Historical patterns suggest that these market dynamics create opportunities for contrarian investors [5][6]. Group 3: Investment Implications - The current screening reinforces the trend of energy leading in deep value, with finance providing additional discounted exposure [6]. - Long-term investors who are willing to go against consensus may find these sectors offer a "patience premium" typical of value investing [6].
3 Major Regional Banks to Watch as Industry Prospects Remain Robust
ZACKS· 2025-09-12 14:11
Industry Overview - The Zacks Major Regional Banks industry includes the largest banks in the U.S. by assets, operating globally and heavily influenced by the nation's economic health [3] - The industry is subject to stringent regulations and provides a wide array of financial services, generating revenue from net interest income (NII) and fees from various services [3] Economic Environment - The Federal Reserve is expected to lower interest rates due to a weakening labor market and rising inflation from tariffs, which will benefit major regional banks by stabilizing deposit costs and improving lending scenarios [4] - Modest loan demand is anticipated as the Fed's aggressive monetary policy has previously hurt demand, but lower interest rates may lead to a slight increase in NII and net interest margins [5] Asset Quality Concerns - Weak asset quality is a concern as economic health and trade policies impact borrowers' repayment abilities, prompting banks to build additional reserves for potential defaults [7] - Several metrics indicating asset quality have crossed pre-pandemic levels, signaling gradual deterioration [7] Growth Initiatives - Major regional banks are focusing on business restructuring and digitization to expand and reduce reliance on spread income, investing in technology and partnerships [6] - Specific banks like BNY Mellon, Truist Financial, and Northern Trust are undertaking various growth initiatives, including acquisitions and expansion into new markets [19][25][32] Performance Metrics - The Zacks Major Regional Banks industry has a Zacks Industry Rank of 48, placing it in the top 20% of over 250 Zacks industries, indicating a positive outlook [8] - The industry has outperformed the S&P 500 and the broader finance sector, with a collective stock increase of 18.8% over the past year [12] Valuation Insights - The industry has a trailing 12-month price-to-tangible book ratio (P/TBV) of 2.46X, significantly lower than the S&P 500's 13.28X, indicating a discount compared to the broader market [15][17] Company Highlights - **BNY Mellon**: With a market cap of $73.3 billion, it has seen a stock increase of 30.8% in the past six months, with earnings growth estimates of 18.4% for 2025 [23] - **Truist Financial**: This company has a market cap of $58.2 billion and has risen 13.7% in the past six months, with earnings growth estimates of 4.3% for 2025 [30] - **Northern Trust**: With a market cap of $24.3 billion, it has experienced a stock increase of 31.8% in the past six months, with earnings growth estimates of 10.9% for 2025 [36]