XNYSBK
Market cap56bUSD
Dec 24, Last price
78.05USD
1D
0.62%
1Q
8.15%
Jan 2017
64.73%
IPO
76.19%
Name
Bank of New York Mellon Corp
Chart & Performance
Profile
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 17,293,000 7.85% | 16,034,000 2.57% | 15,633,000 1.04% | |||||||
Cost of revenue | 6,828,000 | 6,952,000 | 6,444,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 10,465,000 | 9,082,000 | 9,189,000 | |||||||
NOPBT Margin | 60.52% | 56.64% | 58.78% | |||||||
Operating Taxes | 800,000 | 768,000 | 877,000 | |||||||
Tax Rate | 7.64% | 8.46% | 9.54% | |||||||
NOPAT | 9,665,000 | 8,314,000 | 8,312,000 | |||||||
Net income | 3,286,000 27.71% | 2,573,000 -31.55% | 3,759,000 3.93% | |||||||
Dividends | (1,487,000) | (1,376,000) | (1,323,000) | |||||||
Dividend yield | 3.63% | 3.71% | 2.66% | |||||||
Proceeds from repurchase of equity | (3,088,000) | (110,000) | (5,554,000) | |||||||
BB yield | 7.53% | 0.30% | 11.17% | |||||||
Debt | ||||||||||
Debt current | 41,669,000 | 39,911,000 | ||||||||
Long-term debt | 32,896,000 | 31,989,000 | 27,995,000 | |||||||
Deferred revenue | 164,000 | 163,000 | ||||||||
Other long-term liabilities | 342,587,000 | (7,420,000) | (26,680,000) | |||||||
Net debt | (17,896,000) | (233,052,000) | (275,956,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 5,912,000 | 15,068,000 | 2,838,000 | |||||||
CAPEX | (1,220,000) | (1,346,000) | (1,215,000) | |||||||
Cash from investing activities | (5,810,000) | 19,874,000 | 19,672,000 | |||||||
Cash from financing activities | (3,519,000) | (33,654,000) | (21,962,000) | |||||||
FCF | 29,344,000 | 4,000,000 | 4,831,000 | |||||||
Balance | ||||||||||
Cash | 33,822,000 | 153,986,000 | 166,807,000 | |||||||
Long term investments | 16,970,000 | 152,724,000 | 177,055,000 | |||||||
Excess cash | 49,927,350 | 305,908,300 | 343,080,350 | |||||||
Stockholders' equity | 39,252,000 | 36,866,000 | 39,663,000 | |||||||
Invested Capital | 370,701,000 | 381,905,000 | 387,252,000 | |||||||
ROIC | 2.57% | 2.16% | 2.07% | |||||||
ROCE | 2.55% | 2.17% | 2.03% | |||||||
EV | ||||||||||
Common stock shares outstanding | 787,798 | 814,795 | 856,359 | |||||||
Price | 52.05 14.35% | 45.52 -21.63% | 58.08 36.85% | |||||||
Market cap | 41,004,886 10.56% | 37,089,468 -25.43% | 49,737,331 31.31% | |||||||
EV | 27,586,886 | (191,008,532) | (221,023,669) | |||||||
EBITDA | 12,213,000 | 10,718,000 | 11,056,000 | |||||||
EV/EBITDA | 2.26 | |||||||||
Interest | 16,303,000 | 3,614,000 | 227,000 | |||||||
Interest/NOPBT | 155.79% | 39.79% | 2.47% |