Bank of New York Mellon Corp (BNY)
Bank of New York Mellon Corp operates in the Investment - Banking & Investment Services industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $162.93, up 1.63% on the session, giving a market capitalisation of $111.83B. On trailing twelve-month figures it carries a trailing P/E of 18.88, a net margin of 17.5%. Its beta of 1.05 implies it has historically moved more than the broad market.
The Bank of New York Mellon Corp. is a holding company, which engages in the provision of financial services. It operates through the following segments: Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other. The Securities Services segment includes the Asset Servicing business, which provides global custody, fund accounting, integrated middle-office solutions, transfer agency and data, and analytics solutions. The Market and Wealth Services segment consists of the Pershing, Clearance and Collateral Management, and Treasury Services businesses. The Investment and Wealth Management segment is involved in services to institutional and retail investors, as well as investment management, wealth, and estate planning. The Other segment refers to the leasing portfolio, corporate treasury activities, derivatives, and other trading activity. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.
Bank of New York Mellon Corp is most often compared with the following Financial Services names: