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No Surprises From BNY Mellon Results As Assets SwellTrefis • Fri, Apr 19
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BNY Mellon Can Reap Big Gains From Better Operational EfficiencyTrefis • Fri, Dec 14, 2012
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Bank Of New York Mellon Is Pulling Back; Profit With OptionsJohn Mylant • Tue, Mar 13, 2012
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Horrifying Revisions Overblown For BNY Mellon, State StreetTakeover Analyst • Sun, Feb 5, 2012
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Hold On To BNY Mellon And See How Its Alcentra Sale Pays OffSuman Chatterjee • Fri, Sep 2, 2011
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The Bank of New York Mellon Corporation - Analyst/Investor DayMon, Nov 14, 2011
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The Bank of New York Mellon Corporation Q2 2010 Earnings Call TranscriptTue, Jul 20, 2010
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The Bank of New York Mellon Corp. Q1 2010 Earnings Call TranscriptTue, Apr 20, 2010
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The Bank of New York Mellon Corp. Q4 2009 Earnings Call TranscriptWed, Jan 20, 2010
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The Bank of New York Mellon Corporation Q3 2009 Earnings Call TranscriptTue, Oct 20, 2009
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The Bank of New York Mellon Q2 2009 Earnings Call TranscriptWed, Jul 22, 2009
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The Bank of New York Mellon Corporation Q1 2009 Earnings Call TranscriptTue, Apr 21, 2009
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PR Newswire (Thu, 7:30AM)
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PR Newswire (Mon, 10:09AM)
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PR Newswire (May 16, 2013)
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at CNBC.com (May 15, 2013)
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PR Newswire (May 15, 2013)
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PR Newswire (May 14, 2013)
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PR Newswire (May 14, 2013)
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PR Newswire (May 14, 2013)
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PR Newswire (May 13, 2013)
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PR Newswire (May 13, 2013)
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PR Newswire (May 10, 2013)
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PR Newswire (May 10, 2013)
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PR Newswire (May 9, 2013)
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PR Newswire (May 8, 2013)
BK vs. ETF Alternatives
Company Description
On July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation (“Mellon Financial”) merged into The Bank of New York Mellon Corporation (“BNY Mellon”), with The Bank of New York Mellon Corporation being the surviving entity. The merger was accounted for as a purchase of... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, May 22, 7:27 AM BNY Mellon (BK) is on a revenue push, planning to increase its Wealth Management sales force by 50% over the next 3 years. Along with that will be hires in private and mortgage banking, portfolio management, wealth strategists, and additional sales support staff. The moves comes as near-invisible interest rates have squashed growth in BNY's other businesses (revenue fell 1% in Q1). (PR) Comment! [Financials]
- Monday, May 13, 8:53 AM BNY Mellon (BK) is appealing last week's ruling allowing Chesapeake Energy (CHK) to proceed with redeeming $1.3B in bonds six years early and save CHK ~$100M in interest payments through lower rates. In court hearings before the trial, neither party could explain to the judge how an appeal might work, since the early redemption has already been put in motion and is scheduled to be executed today. 2 Comments [Energy]
- Wednesday, May 8, 9:44 AM Chesapeake Energy (CHK +0.9%) wins its trial over its early call of $1.3B in bonds after a judge ruled against the notes' trustee, Bank of New York Mellon (BK). CHK sued BNY Mellon in March after the bank challenged its bid to redeem the 6.775% notes six years early and refinance the debt, a plan that will save CHK ~$100M in interest payments because of lower rates. Comment! [Energy]
- Wednesday, April 24, 3:20 PM Bank of New York Mellon (BK +1.1%) will have to answer charges it fraudulently promised to deliver the best execution prices to clients on currency trades while allegedly overcharging for the service. The Department of Justice is relying on the rarely employed Financial Institutional Reform, Recovery, and Enforcement Act of 1989, and can now proceed with its claim over BK's objections according to U.S. District Judge Lewis Kaplan. Comment! [Financials]
- Wednesday, April 17, 7:42 AM More on BNY Mellon (BK) Q1 earnings: EPS of $0.50 are off $0.02 Y/Y, off $0.03 from Q4. Fee revenue flat Y/Y, net interest revenue off 6% Y/Y - NIM of 1.11% vs. 1.32% a year ago. AUM of $1.4T, up 9% Y/Y. Basel Tier 1 Capital Ratio of 9.4%. Book value/share of $29.83, down from $30.39 last quarter, up from $28.51 a year ago. (PR) Comment! [Earnings, Financials]
- Wednesday, April 17, 6:40 AM BNY Mellon (BK): Q1 EPS of $0.50 misses by $0.02. Non-GAAP Revenue of $3.59B misses by $0.02B. (PR) Comment! [Earnings, Breaking News, Financials]
- Wednesday, April 17, 12:05 AM Notable earnings before Wednesday’s open: ABT, ASML, BAC, BK, DGX, DOV, FCFS, HBAN, MAT, PNC, STJ, TXT Comment! [Earnings]
- Tuesday, April 16, 5:30 PM Notable earnings before Wednesday’s open: ABT, ASML, BAC, BK, DGX, DOV, FCFS, HBAN, MAT, PNC, STJ, TXT Comment! [Earnings]
- Wednesday, April 10, 8:25 AM The Bank of New York Mellon Corporation (BK) declares $0.15/share quarterly dividend, 15% increase from prior dividend of $0.13. Forward yield 2.17%. For shareholders of record Apr. 29. Payable May 07. Ex-div date Apr. 25. (PR) Comment! [Dividends]
- Tuesday, March 26, 5:46 AM Some high-profile hedge funds sitting on $250M in Chesapeake Energy (CHK) debt seek to withdraw from litigation between the company and Bank of New York Mellon (BK) over whether or not bonds can be redeemed. After originally being allowed by the court to intervene in the case, the funds are taking the action in an effort to simplify and speed up the courtroom proceedings. 5 Comments [Energy]
- Friday, March 15, 10:33 AM Chesapeake (CHK +1%) goes ahead with its plan to buy back $1.3B of notes early, despite failing yesterday to persuade a U.S. district judge to force bond trustee BNY Mellon (BK) to accept the plan. Although the judge denied a request for a preliminary injunction, CHK noted he granted "comparable relief" and said CHK was "overwhelmingly" likely to win on the legal merits of its claim. 1 Comment [Energy]
- Thursday, March 14, 5:05 PM Chesapeake Energy (CHK) fails to win a court order in its request for an emergency ruling allowing it to start redeeming $1.3B in notes early without automatically incurring the risk of paying ~$400M in interest sought by BNY Mellon (BK). CHK, which had hoped for a favorable ruling to help it close a potential $4B cash shortfall this year, -0.6% AH. 8 Comments [Energy]
- Thursday, March 14, 4:43 PM More on bank capital return plans: American Express (AXP) an increase in the quarterly dividend to $0.23 from $0.20 and $4.2B in share repurchases over the next year. BNY Mellon (BK) an increase in the quarterly dividend to $0.15 from $0.13 and $1.35B in share repurchases over the next year. 1 Comment [Financials, On the Move]
- Monday, March 11, 11:31 AM Chesapeake Energy (CHK +1%) bonds fall by the most in nearly eight months after the company filed suit against trustee Bank of New York Mellon (BK) to redeem $1.3B in notes early and avoid new interest. CHK, which had $12B in long-term liabilities at year-end, says its move is "part of a broader refinancing of its outstanding debt obligations." 7 Comments [Energy]
- Thursday, March 7, 5:02 PM More on Fed Stress Tests (the rest of the lenders): AXP passed easily with a 11.1% common equity ratio. COF was a little closer to the 5% cutoff at 7.4%. The custodial banks - STT and BK - showed the best results of the entire group, with common ratios of 12.8% and 13.2% respectively. State Street +0.8% AH. (Previous: The methodology) Comment! [Financials]
- Thursday, March 7, 4:37 PM Fed Stress Tests: Ally Financial is the only bank not meeting the Fed standards. All of the other 18 holding companies showed a Tier 1 Common Ratio higher than 5% under the central bank's severe loss scenario. 24 Comments [Financials, Breaking News, Top Stories]
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Saibus Research
State Street Is A Stress-Free Trust Bank, continues to perform well http://seekingalpha.com/a/u4kh $STT $BK $C $GS $JPM $NTRS - View all 0 replies
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The Financial Lexicon
$JPM, $BK, $C, JP Morgan calls your preferreds - What to do with the money now? http://bit.ly/13YvE1s - View all 0 replies
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Ocean Man: If CAT dips next Monday into the 70s, that could be interesting. -
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Saibus Research
record net inflows pushes assets at ETPs to all time high. Means good things for $STT $BK and $BLK http://bit.ly/11JHkpm - View all 0 replies
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Saibus Research
our newest report on State Street Corp shows a divergence in performance vs BONY http://bit.ly/YzFz8y $STT $BK - View all 0 replies
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DAG1996: even if WMB dips the story hasn't changed so selling would be like turning off my electricity because this month's bill was higher than last -
DAG1996: for what it's worth, WPZ was down 3.15% in after-hours, yet WMB was up 0.45% in after-hours so we should be good tomorrow too
LATEST REPLIES
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Ocean Man: If CAT dips next Monday into the 70s, that could be interesting. -
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DAG1996: even if WMB dips the story hasn't changed so selling would be like turning off my electricity because this month's bill was higher than last -
DAG1996: for what it's worth, WPZ was down 3.15% in after-hours, yet WMB was up 0.45% in after-hours so we should be good tomorrow too
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Saibus Research
Berkshire Hathaway likes BNY Mellon, We Like State Street Better! http://seekingalpha.com/a/oa93 $STT $BK $BRK.B $C $NTRS - View all 1 replies
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Michael Bryant
"Burger King shares return to public trade." Might be buying opportunity. Their BK Fish is much better than MCD's Fillet-o-Fish. - View all 3 replies
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Michael Bryant: Burger King's breakfast burrito is much better than MCD's breakfast burrito. MCD's frappe beats Burger King's frappe. -
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nasdaqczar
CDCSY.PK china Downgraded Target reached $9 close enough get out this thing is bad news yip is a pos SELL Target $2 could go BK eom - View all 3 replies
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JohnBinTN: Good thing he uses 'eom', otherwise I would never figure out that message has ended after the text has stopped.
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Andrew Shapiro
When #netflix 10-CTL comes out, and off balance sheet liabilities are disclosed, will there be talk of $NFLX bankruptcy?? Yes BK. - View all 5 replies
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Andrew Shapiro: @johnrayhall- Fair enough, not a zero for now. But no company buying #netflix at $5 billion valuation. -
Liqddynamite: Thanks man, I'm really looking forward to those, I want to see the real (GAAP) cash flow and the off-balance sheet stuff.
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Rocco Pendola
Hope $CBS doesn't xpect 2 see the entire $1 billion from $NFLX. They must be hoping for good placement in BK court. http://on.wsj.com/re6ftC - View all 3 replies
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Rocco Pendola: It's unreal. Listen to a CBS conference call. It's like an audio thank-you card to $NFLX. -
bilton: Well when you have some old dusty LPs and 45s in the back of the closet and someone wants to borrow them for $100 each, whatca gonna do?




