Professional
Added to YB: 2024-07-24
Pitch date: 2024-06-30
BK [bullish]
The Bank of New York Mellon Corporation
+100.48%
current return
Author Info
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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
$58.38
Price Target
N/A
Dividend
2.03%
EV/EBITDA
N/A
P/E
16.01
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Show full summary:
Parnassus Mid Cap Fund Portfolio Holding: The Bank of New York Mellon Corporation
BK: World's largest custodian bank. Fee revenue growing, expenses controlled. Profitability improvement plan on track. Management executing well on strategy to enhance shareholder returns. Solid fundamentals in challenging market.
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