Financials Bank of New York Mellon Corporation (The)

Equities

BK

US0640581007

Investment Management & Fund Operators

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
57.32 USD +0.24% Intraday chart for Bank of New York Mellon Corporation (The) +1.83% +10.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 46,414 37,608 47,964 36,793 40,030 42,760 - -
Enterprise Value (EV) 1 69,085 57,340 75,692 74,090 70,846 94,530 96,604 97,611
P/E ratio 11.2 x 11.1 x 14 x 15.7 x 13 x 10.6 x 9.59 x 8.72 x
Yield 2.34% 2.92% 2.24% 3.12% 3.04% 3.07% 3.32% 3.61%
Capitalization / Revenue 2.82 x 2.38 x 3.01 x 2.25 x 2.29 x 2.38 x 2.33 x 2.23 x
EV / Revenue 4.2 x 3.63 x 4.75 x 4.52 x 4.05 x 5.25 x 5.26 x 5.1 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.19 x 0.91 x 1.22 x 1.03 x 1.08 x 1.13 x 1.05 x 1.03 x
Nbr of stocks (in thousands) 922,199 886,136 825,821 808,280 769,073 747,816 - -
Reference price 2 50.33 42.44 58.08 45.52 52.05 57.18 57.18 57.18
Announcement Date 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 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 16,462 15,808 15,931 16,377 17,502 17,999 18,380 19,143
EBITDA - - - - - - - -
EBIT 1 4,955 5,030 4,417 3,367 4,334 5,656 5,739 6,010
Operating Margin 30.1% 31.82% 27.73% 20.56% 24.76% 31.42% 31.23% 31.4%
Earnings before Tax (EBT) 1 5,587 4,468 4,648 3,328 4,215 5,539 5,765 6,121
Net income 1 4,272 3,423 3,552 2,362 3,148 4,024 4,195 4,561
Net margin 25.95% 21.65% 22.3% 14.42% 17.99% 22.36% 22.82% 23.83%
EPS 2 4.510 3.830 4.140 2.900 4.000 5.399 5.964 6.561
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.180 1.240 1.300 1.420 1.580 1.753 1.896 2.066
Announcement Date 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 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 2025 Q1
Net sales 1 4,035 4,015 3,926 4,254 4,279 3,918 4,363 4,454 4,374 4,311 4,527 4,500 4,490 4,495 4,504
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,117 1,048 1,007 1,142 600 705 1,263 1,343 1,285 443 1,389 1,426 1,452 1,403 1,296
Operating Margin 27.68% 26.1% 25.65% 26.85% 14.02% 17.99% 28.95% 30.15% 29.38% 10.28% 30.68% 31.7% 32.34% 31.21% 28.78%
Earnings before Tax (EBT) 1 1,162 1,065 918 1,095 630 685 1,236 1,338 1,282 359 1,324 1,424 1,418 1,392 1,343
Net income 1 881 822 699 835 319 509 905 1,031 956 256 953 1,052 1,006 1,008 940.1
Net margin 21.83% 20.47% 17.8% 19.63% 7.46% 12.99% 20.74% 23.15% 21.86% 5.94% 21.05% 23.37% 22.41% 22.43% 20.87%
EPS 2 1.040 1.010 0.8600 1.030 0.3900 0.6200 1.120 1.300 1.220 0.3300 1.250 1.405 1.362 1.399 1.331
Dividend per Share 2 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 0.4573
Announcement Date 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 4/16/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 22,671 19,732 27,728 37,297 30,816 51,769 53,844 54,851
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 11.4% 8.7% 8.9% 6.5% 8.8% 10.7% 11.2% 11.5%
ROA (Net income/ Total Assets) 1.23% 0.83% 0.78% 0.88% 0.98% 1% 1.02% 1.08%
Assets 1 347,317 412,410 457,025 268,470 322,772 401,829 411,508 424,293
Book Value Per Share 2 42.10 46.50 47.50 44.40 48.20 50.80 54.40 55.50
Cash Flow per Share 2 0.1000 5.640 3.310 18.50 7.500 5.510 5.930 6.780
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 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
57.18 USD
Average target price
64.24 USD
Spread / Average Target
+12.34%
Consensus
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  4. Financials Bank of New York Mellon Corporation (The)