Latest news with #TheBankofNewYorkMellonCorporation
Yahoo
22-05-2025
- Business
- Yahoo
The Bank of New York Mellon Corporation (NYSE:BK) is a favorite amongst institutional investors who own 87%
Significantly high institutional ownership implies Bank of New York Mellon's stock price is sensitive to their trading actions A total of 16 investors have a majority stake in the company with 50% ownership Recent sales by insiders We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Every investor in The Bank of New York Mellon Corporation (NYSE:BK) should be aware of the most powerful shareholder groups. With 87% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. In the chart below, we zoom in on the different ownership groups of Bank of New York Mellon. Check out our latest analysis for Bank of New York Mellon Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Bank of New York Mellon already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Bank of New York Mellon, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in Bank of New York Mellon. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 9.9% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.0% and 5.9%, of the shares outstanding, respectively. After doing some more digging, we found that the top 16 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own less than 1% of The Bank of New York Mellon Corporation. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own US$83m of stock. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling. With a 12% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Bank of New York Mellon. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with Bank of New York Mellon . But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
AM Best Affirms Credit Ratings of BNY Trade Insurance, Ltd. and The Hamilton Insurance Corp.
OLDWICK, N.J., May 22, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of "a+" (Excellent) of BNY Trade Insurance, Ltd. (BNY Trade) (Hamilton, Bermuda) and The Hamilton Insurance Corp. (Hamilton) (Melville, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings of BNY Trade reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM). The ratings of Hamilton reflect its balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate ERM. BNY Trade's balance sheet strength assessment of strongest is supported by its risk-adjusted capitalization being at the strongest level, as measured by Best's Capital Adequacy Ratio (BCAR). Furthermore, the company continues to maintain excellent liquidity measures while generating consistent net annual profits during the most recent five-year period, driven by organic growth. Hamilton's very strong balance sheet strength assessment is supported by risk-adjusted capitalization at the strongest level, as measured by BCAR, and strong liquidity measures exceeding industry composite averages. The companies also benefit from the financial flexibility and support from its ultimate parent, The Bank of New York Mellon Corporation [NYSE: BK]. The operating performance of strong for BNY Trade and Hamilton reflects favorable combined ratios, driven by excellent loss history and low expense structure. BNY Trade and Hamilton are single-parent captives of their ultimate parent, The Bank of New York Mellon Corporation, a leading global financial services company. In their roles as single-parent captives, both companies provide comprehensive reinsurance coverage and products to their parent company. BNY Trade and Hamilton are an integral component of The Bank of New York Mellon Corporation's overall risk management framework, and benefit from the parent's robust, enterprise–wide policies and procedures in the areas of risk management, resiliency, corporate governance, compliance and ethics. AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated in the United States and throughout the world. For current Best's Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Luke Davies Financial Analyst +1 908 882 2467 Fred Eslami Associate Director +1 908 882 1759 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318
Yahoo
20-04-2025
- Business
- Yahoo
The Bank of New York Mellon Corporation (BK): Among the Dividend Stocks with Sustainable Payout Ratios
We recently published a list of the . In this article, we are going to take a look at where The Bank of New York Mellon Corporation (NYSE:BK) stands against other best dividend stocks with sustainable payout ratios. Dividend-paying stocks have remained popular among investors due to their strong historical performance. This sustained interest has led many companies to maintain their dividend payouts, raise them, or introduce new dividend policies altogether. According to data from S&P Dow Jones Indices, US domestic common stocks saw a net dividend increase of $15.3 billion in the first quarter of 2025, which is an improvement over the $11.7 billion increase seen in the previous quarter. Over the 12 months ending in March 2025, dividend hikes amounted to $68.2 billion, just above the $68.1 billion reported the year before. Meanwhile, dividend cuts dropped significantly, totaling $15.6 billion, compared to $25.2 billion in the prior 12-month period. The same report noted that overall dividend payments climbed by roughly 6% to 7%, though this was slightly below the pre-2025 expectation of 8%. In comparison, dividend payouts rose by 6.4% in 2024 and 5.1% in 2023. Additional data from S&P Dow Jones Indices showed that 758 companies raised or initiated dividend payments in Q1 2025, which is a slight decline from 796 in the same period last year, reflecting a 4.8% year-over-year drop. Despite this, the total value of these increases amounted to $19.5 billion for the quarter. Over the 12-month period ending in March 2025, a total of 2,412 companies raised their dividend payments, marking a slight uptick from the 2,411 companies that did so in the same period the previous year. The total value of these dividend increases reached $68.2 billion, just edging past the $68.1 billion recorded during the prior 12-month stretch. Howard Silverblatt, a Senior Index Analyst at S&P Dow Jones Indices, expressed continued optimism about the overall outlook for dividends. However, he also acknowledged some uncertainty ahead, given the current market conditions. He made the following comment about the situation. 'Dividend growth typically is strongest in Q1, as most companies finish their fiscal year and prepare for their shareholder meeting. For Q1 2025, growth, while noticeably slower, did continue and was in line with expectations given the current economic uncertainties. This uncertainty however did not appear to stop increases, though it did limit them, as forward commitment levels appeared shy.' Despite some caution, analysts remain positive on dividend stocks, pointing out that US companies are well-positioned to sustain their payouts thanks to strong cash reserves. Nuveen, a financial planning firm based in Illinois, noted that an increasing number of companies are likely to roll out dividend policies, supported by the current cash-rich environment, which could drive stronger-than-expected dividend growth in 2025. The report mentioned that as of September 30, 2024, corporate cash holdings stood at $1.8 trillion, which was close to their highest levels in the past 20 years. With equity valuations running above historical norms, Nuveen believes that companies may lean more toward boosting dividend payments as a way to return value to shareholders, rather than relying on stock buybacks, which may be less attractive in a higher-valuation landscape. Analysts generally consider a payout ratio in the range of 30% to 50% to be optimal because it indicates that a company is returning a healthy portion of its earnings to shareholders while still retaining enough profits to reinvest in its business and support future growth. An aerial view of a modern skyscraper, highlighting the company's corporate services and treasury arm. For this article, we screened for companies that consistently distribute dividends to their shareholders. From this initial selection, we narrowed down the list to include only those companies with a 5-year average payout ratio below 50%, indicating a robust cash position. Subsequently, we identified the top 10 companies meeting these criteria and arranged them in ascending order of the number of hedge funds that held stakes in each of them, as per Insider Monkey's database of Q4 2024. At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). 5-Year Average Payout Ratio: 35.77% The Bank of New York Mellon Corporation (NYSE:BK) is an American financial services company, headquartered in New York. The company reported solid earnings in the first quarter of 2025. Its revenue came in at $4.8 billion, which showed a 6% growth from the same period last year. The company reported average deposits of $283 billion, reflecting a 1% increase compared to the previous year and a 1% decrease from the previous quarter. In addition, its Tier 1 leverage ratio stood at 6.2%, marking a 35 basis point year-over-year improvement and a 50 basis point increase from the prior quarter. The Bank of New York Mellon Corporation (NYSE:BK) was formed in 2007 through the merger of the Bank of New York and Mellon Financial Corporation, and it became the world's largest custodian bank. Unlike traditional banks that offer services like accepting deposits and issuing loans, BNY Mellon specializes in providing security services to asset owners, including other financial institutions. In the past 12 months, the stock has surged by over 40%. The Bank of New York Mellon Corporation (NYSE:BK) is a solid dividend payer and has always remained committed to returning value to shareholders. In the most recent quarter, the company distributed $1.1 billion to shareholders, including $343 million in dividends. Currently, its dividend amounts to $0.47 per share for a dividend yield of 2.46%, as of April 17. The company has raised its dividend payments for 14 years in a row. Overall, BK ranks 7th on our list of the best dividend stocks with sustainable payout ratios. While we acknowledge the potential of BK as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than BK but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
Zawya
08-04-2025
- Business
- Zawya
Sohar International agrees strategic relationship with BNY to boost Oman's capital markets ecosystem
Muscat: Sohar International, in its commitment to fostering a dynamic and robust financial ecosystem in Oman, has announced a strategic relationship with The Bank of New York Mellon Corporation ('BNY'), a global financial services company, to enhance its custody offering for clients in Oman. As part of its broader vision to drive innovation and strengthen the country's financial infrastructure, this relationship reinforces Sohar International's role as a key enabler of capital market development and investment growth, aligning with Oman's Vision 2040 aspirations. Commenting on the relationship, Mr. Abdulwahid Al Murshidi, Chief Executive Officer of Sohar International, said: 'At Sohar International, we are dedicated to advancing Oman's financial sector by offering cutting-edge investment banking solutions tailored to our clients' evolving needs. This relationship with BNY represents a significant milestone in enhancing our custody and asset servicing capabilities. By integrating BNY's world-class infrastructure and expertise, we can provide seamless access to international markets, empowering clients to optimize their investments and navigate an increasingly complex financial landscape. This commitment underscores our unwavering focus on innovation and excellence while reinforcing Oman's position as an emerging hub for capital market growth. We look forward to working closely with BNY to deliver market-leading financial solutions to investors and institutions in Oman.' By leveraging BNY's financial services platforms, infrastructure, and global expertise, Sohar International will broaden its custody offering, further cementing its position as a key player in the investment banking sector. With decades of experience in the Middle East, BNY has played a pivotal role in fostering financial growth, facilitating access to global markets, and supporting the evolution of capital markets within the GCC. This relationship unites Sohar International's regional expertise and BNY's global capabilities, strengthening Oman's financial landscape and expanding investment opportunities for institutions in the region. 'Building on our rich heritage in the Middle East, we are thrilled to deepen our relationship with Sohar International and support the growth of Oman's capital markets,' adds Hani Kablawi, Head of International, BNY. 'Sohar International is a trusted partner in Oman's economic advancement bringing a wealth of experience in the nation's financial ecosystem. Bringing together Sohar International's local and regional expertise in banking with BNY's global platform capabilities will enable us to evolve our collective offering and help leading institutions in Oman to continue driving growth.' Sohar International remains steadfast in its mission to enhance Oman's financial services sector by introducing innovative solutions, expanding investment capabilities, and fostering a more sophisticated capital market environment. Through strategic collaborations, cutting-edge digital advancements, and customer-centric financial solutions, Sohar International continues to drive economic growth and position Oman as an emerging hub for financial excellence. About Sohar International With the vision to become a world-class Omani services company that helps customers, community and people to prosper and grow, Sohar International operates with a purpose to help people 'win' by delivering responsive banking for their ever-changing world, complementing their growth and prosperity with international standard service delivery. The Bank seeks to redefine banking in Oman through transformational developments centred on the principles of More Velocity, making everything simple and fast; More Value, ensuring relevance and connectivity to customers' world; and More Vision, liberating stakeholders through talented leadership.
Yahoo
08-03-2025
- Business
- Yahoo
The total return for Bank of New York Mellon (NYSE:BK) investors has risen faster than earnings growth over the last five years
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company that is really flourishing, you can make more than 100%. Long term The Bank of New York Mellon Corporation (NYSE:BK) shareholders would be well aware of this, since the stock is up 152% in five years. Unfortunately, though, the stock has dropped 3.5% over a week. But this could be related to the soft market, with stocks selling off around 3.5% in the last week. Since the long term performance has been good but there's been a recent pullback of 3.5%, let's check if the fundamentals match the share price. See our latest analysis for Bank of New York Mellon To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, Bank of New York Mellon achieved compound earnings per share (EPS) growth of 6.0% per year. This EPS growth is slower than the share price growth of 20% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We know that Bank of New York Mellon has improved its bottom line lately, but is it going to grow revenue? Check if analysts think Bank of New York Mellon will grow revenue in the future. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Bank of New York Mellon the TSR over the last 5 years was 193%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that Bank of New York Mellon has rewarded shareholders with a total shareholder return of 59% in the last twelve months. Of course, that includes the dividend. That's better than the annualised return of 24% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. Before spending more time on Bank of New York Mellon it might be wise to click here to see if insiders have been buying or selling shares. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
