Bank of New York Mellon Corp (BK)

In the past six months, BK shares have surged by 19%, outperforming the S&P 500 Index. The share price was $91.20 as of June 24, 2025, a 55.13% increase from June 25, 2024. BNY Mellon's shares jumped over 8% on January 15, 2025, following strong Q4 2024 earnings. Analysts have issued various price targets and ratings for BK, with some downgrades and upgrades. BNY Mellon insiders have sold BK stock twice, while members of Congress have made two purchases. The company has announced a plan to raise its dividend by 12%, pending board approval. BNY Mellon asked its employees to return to the office four days a week by September 2, 2025. CEO Robin Vince outlined the company's strategic shift towards a platform-based model.

While the banking industry experiences general seasonality, such as higher loan demand in spring and summer and increased investment services demand in December and early January, specific overarching demand seasonality for all of BNY Mellon's diverse products and services is not explicitly detailed. Investment services see increased demand in December and early January due to portfolio rebalancing and tax planning. Demand for cross-currency swaps can have seasonal elements, with tightening due to factors like lack of issuance and yield curve inversion. Luxury residential real estate within wealth management can exhibit seasonality based on climate and regional popularity. Macroeconomic factors and the company's "always-on capabilities" platforms also influence demand.

The Bank of New York Mellon Corporation (BNY) is an American international financial services company headquartered in New York City. It was established in July 2007 through the merger of the Bank of New York and Mellon Financial Corporation, tracing its lineage back to 1784. BNY Mellon operates in the Financial Services sector, specifically within the Capital Markets and Banks - Diversified industries. The company focuses on managing and servicing financial assets throughout the investment lifecycle. Its main business segments are Securities Services, Market and Wealth Services, and Investment and Wealth Management. Other offerings include alternative investment services, broker-dealer services, and corporate treasury activities. As of December 2024, BNY Mellon is the world's largest global custody bank, with $52.1 trillion in assets under custody or administration, and its asset management division manages approximately $2.0 trillion in assets.

BNY Mellon has a significant global presence, operating in 35 countries and serving more than 100 markets. The company has operational presence across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Key locations include New York City, Pittsburgh, London, Dublin, Wexford, Milan, Poole, Luxembourg, Brussels, and Pune (India).

BNY Mellon has a strong brand reputation as one of the oldest banks in the United States and the world. It is recognized as the world's largest custody bank, a leading investment management firm, and a top wealth management firm. The company was ranked 130th on the Fortune 500 list in 2024 and has received accolades for safety and sustainability. In June 2024, BNY Mellon updated its logo and simplified its corporate brand to "BNY", rebranding its subsidiaries as BNY Investments, BNY Wealth, and BNY Pershing.

The Bank of New York Mellon Corporation is primarily owned by institutional investors, who hold 87.4% of its outstanding shares as of early 2024. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. The largest individual shareholder is Berkshire Hathaway Inc., owning 12.32% of the company. Insiders own a very small percentage (0.2%) of outstanding shares.