Professional
Added to YB: 2025-09-08
Pitch date: 2025-07-17
BK [bullish]
The Bank of New York Mellon Corporation
+20.64%
current return
Author Info
No bio for this author
Company Info
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally.
Market Cap
$73.8B
Pitch Price
$97.01
Price Target
N/A
Dividend
2.03%
EV/EBITDA
N/A
P/E
16.01
EV/Sales
N/A
Sector
Capital Markets
Category
value
Artemis US Extended Alpha Fund New Position: The Bank of New York Mellon Corporation
BK (new position): Added position in broad financial services co w/ leading custody/clearing franchises & minimal credit exposure. New mgmt overhauled top team, accelerating organic growth to 5-6% vs Wall St's 3% assumption. Cost initiatives driving 12-15% EPS growth at 12x P/E. Discounted vs peers despite lower cyclicality. Potential re-rating story w/ good downside protection.
Read full article (2 min)