Does BNY Mellon still have senior notes due 2022?
The Bank of New York Mellon Corporation ("BNY Mellon") today announced that it will redeem all of the issued and outstanding 2.600% Senior Notes due February 7, 2022 (CUSIP 06406RAA5) (the "Notes"). The Notes have an aggregate principal amount of $1,250,000,000. T. Rowe Price U.S. Large-Cap Core Fund, Inc. ...
How is BNY Mellon's net interest income affected by lower interest rates?
BNY Mellon is exposed to many factors outside of its control, such as equity market movements, interest-rate movements, and foreign-exchange volatility. Lower interest rates will weigh on BNY Mellon's net interest income. BNY Mellon is more exposed to money market fee waivers compared with its peers.
How does BNY Mellon compare to its peers?
In comparison with a traditional bank, only about 20% of BNY Mellon's revenue is from net interest income and credit risk is modest. Compared with peers State Street and Northern Trust, BNY Mellon is the most diversified with its seven lines of business. It is also less exposed to movements in equity markets.
What are BNY Mellon's key businesses?
In addition to custody, BNY Mellon has a strong market position in a variety of businesses such as ADR servicing and mutual fund subaccounting, and it is the only clearer of tri-party repos. Its Pershing business has seen solid growth.
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Is BNY A Good investment?
Year-over-year quarterly sales growth most recently was 5.4%. Analysts expect adjusted earnings to reach $4.375 per share for the current fiscal year. Bank of New York Mellon Corp currently has a 3.2% dividend yield. We have a neutral fundamental outlook for the asset management and custody banks industry.
Who owns BNY Mellon?
Top 10 Owners of Bank of New York Mellon CorpStockholderStakeShares ownedBerkshire Hathaway, Inc. (Investm...8.96%72,357,453The Vanguard Group, Inc.7.69%62,100,808Dodge & Cox7.17%57,891,107SSgA Funds Management, Inc.4.40%35,534,1966 more rows
Is BNY Mellon a Fortune 500 company?
Recognition and rankings In 2018, BNY Mellon ranked 175 on the Fortune 500 and 250 on the Financial Times Global 500.
How does BNY make money?
Bank of New York Mellon generates revenue through investment services, as well as wealth and asset management. BNY Mellon operates in 35 countries around the world.
When will BNY Mellon report financial results?
Is BNY Mellon a Fortune 500 company?
BNY Mellon will report financial results for the fourth quarter 2021 on Tuesday, January 18, 2022. Materials will be posted to BNY Mellon's website at approximately 6:30 a.m. ET, and management will host a conference call and simultaneous live audio webcast at 8 a.m. ET that same day. This conference call and audio webcast will include forward-looking statements and may include other material information.
What was the closing price of Bank of New York Mellon stock in 2021?
BNY Mellon has joined OS-Climate’s fast-growing community of Fortune 500 businesses and financial services firms that are jointly building a public platform of open data and decision-making tools aiming to accelerate the global transition to Net Zero. "BNY Mellon is committed to using its reach, market influence and resources to address pressing global ESG issues, and part of that is empowering and enabling clients and investors to integrate climate- and ESG-related factors into their decision-making processes,” CEO Todd Gibbons said in a prepared statement on Thursday.
What is the Bank of New York Mellon?
The all-time high Bank Of New York Mellon stock closing price was 60.09 on November 03, 2021.
