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NYSE: BNY
Bank of New York Mellon (BNY) stock, explained like you're 5
Bank of New York Mellon trades on the New York Stock Exchange under the ticker BNY. It is a large cap company in the major banks industry, part of the financial services sector, with a market value of about 96.8 billion dollars.
- Ticker
- BNY
- Exchange
- New York Stock Exchange
- Sector
- Financial Services
- Industry
- Major Banks
- Size
- Large cap, about 96.8 billion dollars
Is Bank of New York Mellon a small, medium or large cap company?
Yes. Bank of New York Mellon is a large cap stock. Its market cap, which is the total value of all its shares, is about 96.8 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Bank of New York Mellon makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves BNY stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Bank of New York Mellon Corporation $BNY Stock Acquired by State of Alaska Department of Revenue (MarketBeat)
- Bank of New York Logs Higher Profit But Flags Market Volatility (WSJ)
- How Investors Are Reacting To Bank of New York Mellon Corporation Raised Earnings Outlook (Simply Wall Street)
- BNY stock pops on strong earnings showing exactly why we like this bank in this market (CNBC)
- How Earnings Beat Will Impact Bank of New York Mellon Corporation Stock (Yahoo Finance)
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Questions about Bank of New York Mellon stock
What does Bank of New York Mellon do?
Bank of New York Mellon trades on the New York Stock Exchange under the ticker BNY. It is a large cap company in the major banks industry, part of the financial services sector, with a market value of about 96.8 billion dollars.
What is the ticker symbol for Bank of New York Mellon?
Bank of New York Mellon trades under the ticker BNY on the New York Stock Exchange.
What is Bank of New York Mellon's market cap?
Bank of New York Mellon is a large cap stock with a market cap of about 96.8 billion dollars.
How does Bank of New York Mellon make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves BNY stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow BNY stock every day?
Add BNY to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.