Bank of New York Mellon BK
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Bank of New York Mellon (BK) Business Model and Operations Summary
BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with $47.8 trillion in under custody or administration (as of Dec. 31, 2023), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.0 trillion in assets.
Key Insights
Bank of New York Mellon (BK) Core Market Data and Business Metrics
Latest Closing Price
$84.22Market Cap
$60.59 BillionPrice-Earnings Ratio
20.05Total Outstanding Shares
737.96 Million SharesTotal Employees
52,000Dividend
$0.47 Per Share QuarterlyIPO Date
December 4, 1969SIC Description
State Commercial BanksPrimary Exchange
New York Stock ExchangeHeadquarters
240 Greenwich Street, New York, NY, 10286
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 5,165,747 Shares | 1.97 | 3/14/2025 | 10,186,331 Shares |
| 5,469,060 Shares | 1.96 | 2/28/2025 | 10,694,310 Shares |
| 3,195,675 Shares | 3.13 | 2/14/2025 | 10,016,032 Shares |
| 3,971,052 Shares | 2.3 | 1/31/2025 | 9,129,028 Shares |
| 4,370,515 Shares | 1.73 | 1/15/2025 | 7,568,968 Shares |
| 3,938,172 Shares | 2.21 | 12/31/2024 | 8,697,691 Shares |
Cash Flow Statement
July 1, 2023 to June 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $2.42 Billion |
| Exchange Gains/Losses | $-141 Million |
| Net Cash Flow, Continuing | $-2.13 Billion |
| Net Cash Flow From Financing Activities, Continuing | $-2.53 Billion |
| Net Cash Flow From Financing Activities | $-2.53 Billion |
| Net Cash Flow | $-2.27 Billion |
Income Statement
July 1, 2023 to June 30, 2024
| Metric | Value |
|---|---|
| Noninterest Income | $13.67 Billion |
| Income Tax Expense/Benefit | $968 Million |
| Net Income/Loss | $3.44 Billion |
| Diluted Average Shares | $2.31 Billion |
| Interest Income/Expense After Provision For Losses | $4.07 Billion |
| Common Stock Dividends | $1.68 |
Comprehensive Income
July 1, 2023 to June 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $702 Million |
| Comprehensive Income/Loss Attributable To Parent | $4.14 Billion |
| Comprehensive Income/Loss | $4.15 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $5 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $702 Million |
| Other Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
July 1, 2023 to June 30, 2024
| Metric | Value |
|---|---|
| Intangible Assets | $2.83 Billion |
| Liabilities | $387.42 Billion |
| Noncurrent Assets | $0 |
| Long-term Debt | $30.95 Billion |
| Current Liabilities | $387.42 Billion |
| Equity Attributable To Parent | $40.84 Billion |
Historical Dividends
Current dividend: $0.47 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 15, 2025 | Feb 7, 2025 | Jan 27, 2025 | $0.47 | Quarterly |
| Oct 11, 2024 | Nov 1, 2024 | Oct 21, 2024 | $0.47 | Quarterly |
| Jul 12, 2024 | Aug 2, 2024 | Jul 22, 2024 | $0.47 | Quarterly |
| Apr 16, 2024 | May 9, 2024 | Apr 26, 2024 | $0.42 | Quarterly |
| Jan 12, 2024 | Feb 2, 2024 | Jan 22, 2024 | $0.42 | Quarterly |
| Oct 17, 2023 | Nov 9, 2023 | Oct 27, 2023 | $0.42 | Quarterly |