Previous close | 50.61 |
Open | 50.57 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1800 |
Day's range | 50.05 - 50.67 |
52-week range | 36.22 - 64.63 |
Volume | |
Avg. volume | 4,997,852 |
Market cap | 40.471B |
Beta (5Y monthly) | 1.07 |
PE ratio (TTM) | 17.26 |
EPS (TTM) | 2.90 |
Earnings date | 17 Apr 2023 - 21 Apr 2023 |
Forward dividend & yield | 1.48 (2.92%) |
Ex-dividend date | 20 Jan 2023 |
1y target est | 56.33 |
A recession will almost certainly increase credit losses, which will be a negative for the banks. In this sort of environment, banks that focus on fee income will have an easier time. Bank of New York Mellon (NYSE: BK) has an unusual business model that might make sense in this environment.
The Bank of New York Mellon Corporation (BK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes? Let's find out.