Is Bank of New York Stock a Good Investment?
Bank of New York Investment Advice | BK |
- Examine Bank of New York's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Bank of New York's leadership team and their track record. Good management can help Bank of New York navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact Bank of New York's business and its evolving consumer preferences.
- Compare Bank of New York's performance and market position to its competitors. Analyze how Bank of New York is positioned in terms of product offerings, innovation, and market share.
- Check if Bank of New York pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Bank of New York's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Bank of New stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Bank of New is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Bank of New York Stock
Researching Bank of New York's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 88.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.57. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bank of New York has Price/Earnings To Growth (PEG) ratio of 0.74. The entity last dividend was issued on the 21st of October 2024. The firm had 9434:10000 split on the 2nd of July 2007.
To determine if Bank of New York is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Bank of New York's research are outlined below:
| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| On 1st of November 2024 Bank of New York paid $ 0.47 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Bank of New York Mellon UK Regulatory Announcement Early Repurchase |
Bank of New York Quarterly Accounts Payable |
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Bank of New York uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Bank of New. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Bank of New York's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 16th of April 2024 Upcoming Quarterly Report | View | |
| 16th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 10th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Bank of New York's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Bank of New York's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2014-07-18 | 2014-06-30 | 0.56 | 0.62 | 0.06 | 10 | ||
2010-04-20 | 2010-03-31 | 0.53 | 0.59 | 0.06 | 11 | ||
2009-10-20 | 2009-09-30 | 0.48 | 0.54 | 0.06 | 12 | ||
2011-10-19 | 2011-09-30 | 0.52 | 0.59 | 0.07 | 13 | ||
2011-04-19 | 2011-03-31 | 0.57 | 0.5 | -0.07 | 12 | ||
2015-04-22 | 2015-03-31 | 0.59 | 0.67 | 0.08 | 13 | ||
2008-07-17 | 2008-06-30 | 0.75 | 0.67 | -0.08 | 10 | ||
2022-04-18 | 2022-03-31 | 0.85 | 0.94 | 0.09 | 10 |
Know Bank of New York's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Bank of New York is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank of New backward and forwards among themselves. Bank of New York's institutional investor refers to the entity that pools money to purchase Bank of New York's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Nuveen Asset Management, Llc | 2024-06-30 | 10.1 M | Harris Associates L.p. | 2024-06-30 | 9.8 M | Amundi | 2024-06-30 | 9.1 M | Wells Fargo & Co | 2024-06-30 | 8.3 M | Legal & General Group Plc | 2024-06-30 | 8.1 M | Northern Trust Corp | 2024-09-30 | 8 M | Lsv Asset Management | 2024-09-30 | 7.4 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 7.3 M | Victory Capital Management Inc. | 2024-09-30 | 6.7 M | Vanguard Group Inc | 2024-09-30 | 72.3 M | Blackrock Inc | 2024-06-30 | 63.9 M |
Bank of New York's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 59.09 B.Market Cap |
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Bank of New York's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.08 | 0.13 |
Determining Bank of New York's profitability involves analyzing its financial statements and using various financial metrics to determine if Bank of New York is a good buy. For example, gross profit margin measures Bank of New York's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Bank of New York's profitability and make more informed investment decisions.
Evaluate Bank of New York's management efficiency
At this time, Bank of New York's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.01 this year, although the value of Return On Capital Employed will most likely fall to 0.02. At this time, Bank of New York's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 430.5 B this year, although the value of Non Current Liabilities Other will most likely fall to about 18.6 B. Bank of New York's management efficiency ratios could be used to measure how well Bank of New York manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 52.30 | 54.92 | |
| Tangible Book Value Per Share | 24.82 | 26.07 | |
| Enterprise Value Over EBITDA | (9.02) | (8.57) | |
| Price Book Value Ratio | 1.00 | 0.95 | |
| Enterprise Value Multiple | (9.02) | (8.57) | |
| Price Fair Value | 1.00 | 0.95 | |
| Enterprise Value | -101.9 B | -96.8 B |
Understanding the management dynamics of Bank of New allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Dividend Yield 0.0231 | Forward Dividend Yield 0.0231 | Forward Dividend Rate 1.88 | Beta 1.06 |
Basic technical analysis of Bank Stock
As of the 28th of November, Bank of New York shows the Risk Adjusted Performance of 0.2236, downside deviation of 0.8713, and Mean Deviation of 0.8168. Bank of New York technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Bank of New York's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Bank of New York insiders, such as employees or executives, is commonly permitted as long as it does not rely on Bank of New York's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Bank of New York insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeffrey Goldstein over six months ago Acquisition by Jeffrey Goldstein of 680 shares of Bank of New York at 56.96 subject to Rule 16b-3 |
Bank of New York's Outstanding Corporate Bonds
Bank of New York issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Bank of New York uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Bank bonds can be classified according to their maturity, which is the date when Bank of New has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| BANK NEW YORK Corp BondUS06406YAA01 | View | |
| BANK NEW YORK Corp BondUS06406HDA41 | View | |
| BANK NEW YORK Corp BondUS06406HCQ02 | View | |
| BK 4625 31 DEC 99 Corp BondUS064058AF75 | View | |
| BK 37 Corp BondUS064058AJ97 | View | |
| BK 47 Corp BondUS064058AH32 | View | |
| BK 375 Corp BondUS064058AL44 | View | |
| BANK NEW YORK Corp BondUS06406GAA94 | View |
Understand Bank of New York's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Bank of New York's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2236 | |||
| Market Risk Adjusted Performance | 0.3654 | |||
| Mean Deviation | 0.8168 | |||
| Semi Deviation | 0.5135 | |||
| Downside Deviation | 0.8713 | |||
| Coefficient Of Variation | 346.35 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.14 | |||
| Information Ratio | 0.1664 | |||
| Jensen Alpha | 0.197 | |||
| Total Risk Alpha | 0.1299 | |||
| Sortino Ratio | 0.2037 | |||
| Treynor Ratio | 0.3554 | |||
| Maximum Drawdown | 4.87 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 2.1 | |||
| Downside Variance | 0.7592 | |||
| Semi Variance | 0.2637 | |||
| Expected Short fall | (0.97) | |||
| Skewness | 0.3812 | |||
| Kurtosis | 0.4594 |
| Risk Adjusted Performance | 0.2236 | |||
| Market Risk Adjusted Performance | 0.3654 | |||
| Mean Deviation | 0.8168 | |||
| Semi Deviation | 0.5135 | |||
| Downside Deviation | 0.8713 | |||
| Coefficient Of Variation | 346.35 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.14 | |||
| Information Ratio | 0.1664 | |||
| Jensen Alpha | 0.197 | |||
| Total Risk Alpha | 0.1299 | |||
| Sortino Ratio | 0.2037 | |||
| Treynor Ratio | 0.3554 | |||
| Maximum Drawdown | 4.87 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 2.1 | |||
| Downside Variance | 0.7592 | |||
| Semi Variance | 0.2637 | |||
| Expected Short fall | (0.97) | |||
| Skewness | 0.3812 | |||
| Kurtosis | 0.4594 |
Consider Bank of New York's intraday indicators
Bank of New York intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bank of New York stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Bank of New York Corporate Filings
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 14th of November 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify | |
| 12th of November 2024 Other Reports | ViewVerify | |
| 7th of November 2024 Other Reports | ViewVerify |
Bank Stock media impact
Far too much social signal, news, headlines, and media speculation about Bank of New York that are available to investors today. That information is available publicly through Bank media outlets and privately through word of mouth or via Bank internal channels. However, regardless of the origin, that massive amount of Bank data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Bank of New York news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Bank of New York relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Bank of New York's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Bank of New York alpha.
Bank of New York Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Bank of New York can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Bank of New York Historical Investor Sentiment
Investor biases related to Bank of New York's public news can be used to forecast risks associated with an investment in Bank. The trend in average sentiment can be used to explain how an investor holding Bank can time the market purely based on public headlines and social activities around Bank of New. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Bank of New York's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bank of New York and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Bank of New York news discussions. The higher the estimate score, the more favorable the investor's outlook on Bank of New York.
Bank of New York Corporate Directors
| Samuel Scott | Independent Director | Profile | |
| Jennifer Morgan | Independent Director | Profile | |
| Elizabeth Robinson | Independent Director | Profile | |
| Edmund Kelly | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of New York. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.22 | Dividend Share 1.73 | Earnings Share 4.47 | Revenue Per Share 23.65 | Quarterly Revenue Growth 0.047 |
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Bank of New York's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.