Financials Bank of New York Mellon Corporation (The)

Equities

BK

US0640581007

Investment Management & Fund Operators

Market Closed - Nyse 04:00:02 2024-02-23 pm EST 5-day change 1st Jan Change
55.64 USD +0.51% Intraday chart for Bank of New York Mellon Corporation (The) +0.89% +6.90%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 46,542 46,414 37,608 47,964 36,793 42,250 42,250 -
Enterprise Value (EV) 1 60,247 69,085 57,340 75,692 74,090 70,846 91,989 93,160
P/E ratio 11.7 x 11.2 x 11.1 x 14 x 15.7 x 13 x 10.6 x 9.61 x
Yield 2.21% 2.34% 2.92% 2.24% 3.12% 3.04% 3.15% 3.4%
Capitalization / Revenue 2.84 x 2.82 x 2.38 x 3.01 x 2.25 x 2.29 x 2.39 x 2.34 x
EV / Revenue 3.68 x 4.2 x 3.63 x 4.75 x 4.52 x 4.05 x 5.21 x 5.16 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.22 x 1.19 x 0.91 x 1.22 x 1.03 x 1.08 x 1.09 x 1.02 x
Nbr of stocks (in thousands) 988,777 922,199 886,136 825,821 808,280 759,344 759,344 -
Reference price 2 47.07 50.33 42.44 58.08 45.52 55.64 55.64 55.64
Announcement Date 1/16/19 1/16/20 1/20/21 1/18/22 1/13/23 1/12/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 16,392 16,462 15,808 15,931 16,377 17,502 17,664 18,057
EBITDA - - - - - - - -
EBIT 1 5,537 4,955 5,030 4,417 3,367 4,334 5,275 5,456
Operating Margin 33.78% 30.1% 31.82% 27.73% 20.56% 24.76% 29.86% 30.21%
Earnings before Tax (EBT) 1 5,192 5,587 4,468 4,648 3,328 4,215 5,247 5,436
Net income 1 4,070 4,272 3,423 3,552 2,362 3,148 3,897 4,015
Net margin 24.83% 25.95% 21.65% 22.3% 14.42% 17.99% 22.06% 22.23%
EPS 2 4.040 4.510 3.830 4.140 2.900 4.000 5.267 5.788
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.040 1.180 1.240 1.300 1.420 1.580 1.751 1.894
Announcement Date 1/16/19 1/16/20 1/20/21 1/18/22 1/13/23 1/12/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 3,960 4,035 4,015 3,926 4,254 4,279 3,918 4,363 4,454 4,374 4,311 4,360 4,407 4,415 4,421
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,182 1,117 1,048 1,007 1,142 600 705 1,263 1,343 1,285 443 1,320 1,348 1,362 1,289
Operating Margin 29.85% 27.68% 26.1% 25.65% 26.85% 14.02% 17.99% 28.95% 30.15% 29.38% 10.28% 30.28% 30.59% 30.85% 29.15%
Earnings before Tax (EBT) 1 1,268 1,162 1,065 918 1,095 630 685 1,236 1,338 1,282 359 1,229 1,330 1,355 1,333
Net income 1 991 881 822 699 835 319 509 905 1,031 956 256 892.3 1,009 989.5 1,005
Net margin 25.03% 21.83% 20.47% 17.8% 19.63% 7.46% 12.99% 20.74% 23.15% 21.86% 5.94% 20.46% 22.9% 22.41% 22.74%
EPS 2 1.130 1.040 1.010 0.8600 1.030 0.3900 0.6200 1.120 1.300 1.220 0.3300 1.190 1.363 1.347 1.389
Dividend per Share 2 0.3100 0.3400 0.3400 0.3400 0.3400 0.3700 0.3700 0.3700 0.3700 0.4200 0.4200 0.4200 0.4200 0.4562 0.4562
Announcement Date 7/15/21 10/19/21 1/18/22 4/18/22 7/15/22 10/17/22 1/13/23 4/18/23 7/18/23 10/17/23 1/12/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 13,705 22,671 19,732 27,728 37,297 30,816 49,739 50,910
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.8% 11.4% 8.7% 8.9% 6.5% 8.8% 10.3% 10.8%
ROA (Net income/ Total Assets) 1.19% 1.23% 0.83% 0.78% 0.88% 0.98% 0.99% 1.01%
Assets 1 342,017 347,317 412,410 457,025 268,470 322,772 393,770 397,494
Book Value Per Share 2 38.60 42.10 46.50 47.50 44.40 48.20 51.20 54.50
Cash Flow per Share 2 5.950 0.1000 5.640 3.310 18.50 4.940 5.410 5.760
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/16/19 1/16/20 1/20/21 1/18/22 1/13/23 1/12/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
55.64 USD
Average target price
61.82 USD
Spread / Average Target
+11.10%
Consensus
  1. Stock
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