Bank Of New York Mellon Corp (NYSE: BK) Could Achieve Gains In The Near Future

After Hours

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Stocks Info

Bank Of New York Mellon Corp is listed on the NYSE in the Financial sector while operating in the Asset Management industry. The current market capitalization of Bank Of New York Mellon Corp is $44.78B. A total of 1.96 million shares were traded on the day, compared to an average of 3.40M shares.

In the most recent transaction, Santhanakrishnan Senthilkumar sold 15,643 shares of BK for 57.65 per share on May 08 ’24. After the transaction, the Senior Exec VP now owns 144,721 company shares. In a previous transaction on May 07 ’24, Kurimsky Kurtis R. sold 6,215 shares at 57.93 per share. BK shares that Corporate Controller owns now total 24,346.

Among the insiders who sold shares, McCarthy J Kevin disposed of 40,000 shares on Apr 19 ’24 at a per-share price of $56.15. This resulted in the SEVP & General Counsel holding 100,404 shares of BK after the transaction. In another insider transaction, Keating Catherine sold 54,070 shares at $54.88 per share on Apr 18 ’24. Company shares held by the Sr. Exec. Vice President now total 78,350.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Bank Of New York Mellon Corp pays an annual dividend of $1.68, resulting in a dividend yield of 2.81%, and it has a price to earnings (P/E) ratio of 14.57. BK’s most recent ex-dividend date was 4/25/2024 when it declared a $0.42 quarterly dividend that was paid in cash on 5/9/2024. Previously, the company paid the dividend on 2/2/2024 with an ex-dividend date of 1/19/2024. The BK stock dividend was $0.42 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, BK has a high of $60.91 and a low of $39.66.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $48.44, while its Total Shareholder’s Equity was $43.39B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BK is Buy with a score of 4.18.

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