Entering text into the input field will update the search result below

Bank Of New York Mellon: Buying At Buffett Prices

Equanimity Investing profile picture
Equanimity Investing


  • BK continues to build its payment solutions and seeks to be a leading cryptocurrency custodian.
  • Low funding costs, rate sensitivity may drive earnings, and returns on tangible equity are exceptional.
  • Warren Buffett increased its BK stake by 52% in 2017 at 1.3x book value, shares now sell for only 1x book value.
  • With a buyback program and shares selling for <10x earnings, double digit total returns look achievable.

Treasury Allows 10 Banks To Repay TARP Money, Totaling 68 Billion

Bank of New York Mellon

Mario Tama/Getty Images News

The Bank of New York Mellon (NYSE:BK) is the largest custodian bank with $46.7 trillion in total assets and AUM of $2.4 trillion. The company also clears about $10 trillion of securities and

BK Lines of Business

BK Lines of Business (BNY Mellon)

BK Credit Ratings

BK Credit Ratings (BNY Mellon)

BK TTM net income chart
Data by YCharts

BK shares outstanding chart
Data by YCharts

BK price to book value chart
Data by YCharts

BK next year EPS estimates chart
Data by YCharts

This article was written by

Equanimity Investing profile picture
Equanimity Research helps you focus on protecting your principal and thinking long-term with your investments. I'm long treasuries, select high-quality companies, and will never use margin. As a generalist, I cover multiple sectors with a dividend and non-dividend long-only stock strategy over a 5-10+ year investment horizon. I also cover macroeconomics regarding monetary policy and excessive debt levels globally.All articles/blogs are for informational and entertainment purposes only. Under no circumstances should any of these articles/blogs or any published information be interpreted as investment advice, or as an offer to buy/sell any financial security. Perform your own due diligence. I welcome comments and corrections of all kinds.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BK over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.