What is the price-to-earnings ratio of Bank of New York Mellon?
The price-earnings ratio of Bank of New York Mellon is currently 11.23.
Bank of New York Mellon P/E 2024
Bank of New York Mellon P/E
11.23
Bank of New York Mellon Dividend yield
2.68 %
Ticker
BK
ISIN
US0640581007
WKN
A0MVKA
As of May 21, 2024, Bank of New York Mellon's P/E ratio was 11.23, a 6.24% change from the 10.57 P/E ratio recorded in the previous year.
The Bank of New York Mellon P/E history
Bank of New York Mellon Aktienanalyse
What does Bank of New York Mellon do?
The Bank of New York Mellon Corp is one of the oldest and largest banks in the United States. The company was founded in 1784 by Alexander Hamilton to support public finance. Today, it is a globally operating investment bank based in New York City. The Bank of New York Mellon Corp is a major provider of investment and wealth management services, as well as investment banking services. The bank's business model aims to offer a wide range of financial services to its customers. It is divided into three main business segments: investment services, investment management, and wealth management. The investment services segment includes the provision of financial and operational services to institutional investors, including custody, settlement, and asset management. The investment management segment offers investment funds, separate accounts, and other investment products. Wealth management involves asset management for affluent private clients and tax advisory services. The Bank of New York Mellon Corp also offers a variety of products to meet the needs of its customers. These include equity, bond, derivative, and foreign exchange trading, as well as alternative investments such as hedge funds and private equity. The company is also active in the global foreign exchange, commodity, and precious metals markets. The history of the Bank of New York Mellon Corp includes many important events and milestones. In 2007, the Bank of New York merged with Mellon Financial Corporation to form the Bank of New York Mellon Corp. This merger allowed the company to strengthen its position as one of the leading global financial institutions by combining expertise and resources. Another significant step in the history of the Bank of New York Mellon Corp was the acquisition of Pershing LLC, a leading provider of clearing, settlement, and investment management services in 2010. This acquisition was an important part of the company's strategy to further expand its investment services and wealth management offerings. Overall, the Bank of New York Mellon Corp has a long history as a leading bank in the United States and globally. The company has strengthened its position as a global market leader through a combination of organic growth strategies and targeted acquisitions. This includes maintaining a strong presence in key industries such as financial services, wealth management, investment banking, and institutional investors. Bank of New York Mellon ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Bank of New York Mellon's P/E Ratio
The Price to Earnings (P/E) Ratio of Bank of New York Mellon is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Bank of New York Mellon's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Bank of New York Mellon is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Bank of New York Mellon’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Bank of New York Mellon Stock
How has the price-earnings ratio of Bank of New York Mellon changed compared to last year?
The price-to-earnings ratio of Bank of New York Mellon has increased by 6.24% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Bank of New York Mellon high compared to other companies?
Yes, the price-to-earnings ratio of Bank of New York Mellon is high compared to other companies.
How does an increase in the price-earnings ratio of Bank of New York Mellon affect the company?
An increase in the price-earnings ratio of Bank of New York Mellon would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Bank of New York Mellon affect the company?
A decrease in the price-earnings ratio of Bank of New York Mellon would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Bank of New York Mellon?
Some factors that influence the price-earnings ratio of Bank of New York Mellon are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Bank of New York Mellon pay?
Over the past 12 months, Bank of New York Mellon paid a dividend of 1.58 USD . This corresponds to a dividend yield of about 2.68 %. For the coming 12 months, Bank of New York Mellon is expected to pay a dividend of 1.63 USD.
What is the dividend yield of Bank of New York Mellon?
The current dividend yield of Bank of New York Mellon is 2.68 %.
When does Bank of New York Mellon pay dividends?
Bank of New York Mellon pays a quarterly dividend. This is distributed in the months of August, November, February, May.
How secure is the dividend of Bank of New York Mellon?
Bank of New York Mellon paid dividends every year for the past 25 years.
What is the dividend of Bank of New York Mellon?
For the upcoming 12 months, dividends amounting to 1.63 USD are expected. This corresponds to a dividend yield of 2.77 %.
In which sector is Bank of New York Mellon located?
Bank of New York Mellon is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Bank of New York Mellon kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bank of New York Mellon from 5/9/2024 amounting to 0.42 USD, you needed to have the stock in your portfolio before the ex-date on 4/25/2024.
When did Bank of New York Mellon pay the last dividend?
The last dividend was paid out on 5/9/2024.
What was the dividend of Bank of New York Mellon in the year 2023?
In the year 2023, Bank of New York Mellon distributed 1.42 USD as dividends.
In which currency does Bank of New York Mellon pay out the dividend?
The dividends of Bank of New York Mellon are distributed in USD.
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Andere Kennzahlen von Bank of New York Mellon
Our stock analysis for Bank of New York Mellon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank of New York Mellon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Bank of New York Mellon Revenue
- Bank of New York Mellon Net Income
- Bank of New York Mellon P/E
- Bank of New York Mellon P/S
- Bank of New York Mellon EBIT
- Bank of New York Mellon Dividend
- Bank of New York Mellon Stocks
- Bank of New York Mellon Market capitalization
- Bank of New York Mellon Debt
- Bank of New York Mellon Liabilities
- Bank of New York Mellon Equity
- Bank of New York Mellon AAQS
- Bank of New York Mellon Employees
- Bank of New York Mellon ROE
- Bank of New York Mellon ROA
- Bank of New York Mellon ROCE
