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BNY Mellon (BK)
NYSEFinancialsBanks - DiversifiedSnapshot 2026-06-16
Intact
$15.01+0.33%
Close 2026-06-10 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is neutral. Earnings quality is fragile, meaning profits lack cash support. Management's recent track record is steady, and it has a capital-friendly stance. Risk is high, and the sector backdrop is a headwind. Peer multiples imply a price about 85% above where it trades; the read is cheap, value-trap risk. This is due to weak recent financials and fragile earnings quality. If BK cuts guidance on the next call, that could negatively impact the stock.
as of 2026-06-16
Quick facts
- Exchange
- NYSE
- Sector
- Financials
- Industry
- Banks - Diversified
- Market cap
- $94.14B
- Employees
- 48,100
- IPO date
- 2007-08-08
- Next earnings
- 2026-07-15
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 8 valuation methods, at three horizons. Current price $15.01. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryinexpensive
$98.74consensus
Range $89.97 – $123.02
vs price: -85% below
Method agreement — · 8 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$124.51consensus
Range $121.03 – $133.81
vs price: -88% below
Method agreement — · 6 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peerslow confidence
At $15 BK trades at 2× p/e, below its 15× p/e peer median. Our $97 fair value sits above the price; low confidence. Analysts: $136–$149. Not investment advice.
Multiple (P/E)
1.8x
peer 14.9x · own history 12.7x
Premium
0.1x peer
0.1x its own history
Growth the price needs
-85%
our forecast -25%
Our fair value
$97.18
range $87.96 – $117.77
Analyst range(a guide on our number, not a target)Our number is below the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
inexpensivecheap — value-trap risk12-month view
What's priced inJustified
The price implies about 85% below a flat-multiple fair value, below our forecast of about -25%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
neutralOperating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated neutral grew net income 52% of the time over the next year (vs 61% for the rest of the cohort, n=4936).
61st pctl · Financials
Earnings quality
fragileOver the trailing year it converted 0.55x of net income into operating cash flow. Historically, Financials names rated fragile grew net income 49% of the time over the next year (vs 60% for the rest of the cohort, n=3541).
13th pctl · Financials
Macro sensitivity
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
Management & capital allocation
neutral13 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated neutral grew net income 57% of the time over the next year (vs 55% for the rest of the cohort, n=5004).
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Bullish10 analysts, 56% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $2.13 → $2.17 (+1.7% / 30d). 5 raised, 2 cut, 10 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 56% of analysts rate Buy.
Sector context
Intermediate · WeeklySector phase: financials is in growth, with decelerating (~3.2 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: Growth by revenue growth · theme capital-markets/rates.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- strong
- Earnings discipline
- strong
- Balance sheet
- neutral
- Guidance credibility
- neutral
- Post-call reaction
- neutral
Met or beat guidance 100% of the last 4 guided quarters · 9.9% avg surprise
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$102.
How much price usually moves either way.
On a bad day, this stock has moved -$201.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $8,976.
Deepest peak-to-trough drop in the last year.
highas of 2026-06-16
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideMedium confidenceQuartersactive 4d
Watch for more capital returns to shareholders.
Why it matters: Higher capital returns show confidence in financial health and growth.
What confirms / what disproves
Confirms:BNY Mellon announces an increase in dividends or share buybacks by more than 10%.
Disproves:Capital returns go down or stay the same.
Management priorities
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for BK yet.
This sector is also watching
- Watch for revenue growth dropping below 10% across major banks
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like JPM, BAC, and WFC keep beating earnings and guiding higher, the Financials sector momentum should keep lifting BK and other Financials names. Worth watching these names for early signals.
- If BK raises forward guidance on the next earnings call (currently NEW as of 2026-04-16), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If BK cuts guidance on the next call (currently NEW as of 2026-04-16), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If the Fed starts cutting rates from the current 3.62%, that would weigh on BK and other Financials names, since the sector usually outperforms when rates stay high.
- If sector bellwethers like JPM, BAC, and WFC start missing or guiding lower, the Financials tailwind helping BK and other Financials names could fade. Watch these names for early warning.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-162mo agoItem 2.02
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On April 16, 2026, The Bank of New York Mellon Corporation (“BNY”) released information on its financial results for the first quarter ended March 31, 2026. Copies of the Earnings Release and the Financial Supplement are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.
Earnings preannouncementpositive
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+0.6 vs last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.