Bank of New York Mellon Corp stock (US09857L1089): NYSE ticker change to BNY and latest valuation metrics in focus

Bank of New York Mellon Corp is transitioning its New York Stock Exchange ticker from BK to BNY in May 2026 while investors track the current share price and core valuation ratios for the US custody and asset-servicing group.

Bank of New York Mellon Corp is in the midst of a branding-related capital markets step as the US financial group prepares to transition its New York Stock Exchange ticker from BK to BNY while investors watch the latest share price and valuation metrics for the custody and asset-servicing specialist.

According to Nasdaq, the stock traded at USD 62.15 on 05/05/2026 on the New York Stock Exchange under the ticker BK, reflecting a modest move on the day as investors positioned ahead of the upcoming ticker change and continued to digest the company’s most recent earnings release.Nasdaq as of 05/05/2026

In a press release dated 05/11/2026, BNY stated that it plans to change the ticker symbol for the common stock of The Bank of New York Mellon Corporation from BK to BNY on the New York Stock Exchange, with the change expected to become effective on 05/21/2026, while confirming that the company’s legal name, CUSIP numbers, capital structure and shareholder rights will remain unchanged.PR Newswire as of 05/11/2026

For German investors, Bank of New York Mellon Corp also trades on venues such as Tradegate under the symbol BK in euros, offering an additional access point to the US-listed stock from within the European time zone.

As of: 05/06/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: BK
• Sector/industry: Custody banking and asset servicing
• Headquarters/country: New York, United States
• Core markets: United States, Europe, Asia-Pacific
• Key revenue drivers: Securities services, clearance and collateral management, issuer services, investment and wealth management
• Home exchange/listing venue: New York Stock Exchange (BK, planned change to BNY effective 05/21/2026)
• Trading currency: USD

Bank of New York Mellon Corp: core business model

Bank of New York Mellon Corp operates as a global custodian and financial infrastructure provider, delivering securities services, collateral and liquidity solutions, and investment and wealth management offerings to institutional and corporate clients worldwide.

Valuation metrics and multiples for Bank of New York Mellon Corp

As investors assess Bank of New York Mellon Corp following its ticker change announcement, valuation ratios remain a key lens for positioning in the US custody and trust banking space.

Based on data from MarketScreener as of 05/03/2026, Bank of New York Mellon Corp was trading at a forward price-to-earnings ratio of 10.8 times expected 2026 earnings and a trailing price-to-book ratio of 1.05, placing the stock broadly in line with large US custody and trust banking peers on earnings while trading close to book value on a reported equity basis.MarketScreener as of 05/03/2026

According to Bank of New York Mellon Corp’s first-quarter 2026 earnings release dated 04/16/2026, the company reported diluted earnings per share of USD 1.42 for Q1 2026, compared with USD 1.00 in Q1 2025, and stated that the annualized return on common equity for the quarter was 11.8 percent, figures that feed into consensus earnings expectations and, in turn, the stock’s valuation screen for institutional investors.Bank of New York Mellon Corp Q1 2026 earnings release as of 04/16/2026

The same Q1 2026 release stated that total revenue for the quarter reached USD 5.3 billion, compared with USD 4.6 billion in the prior-year period, which, together with cost discipline and balance-sheet management, underpins the profitability metrics that are central inputs into the bank’s current price-to-earnings and price-to-book ratios.Bank of New York Mellon Corp Q1 2026 earnings release as of 04/16/2026

MarketScreener data as of 05/03/2026 also indicated that Bank of New York Mellon Corp offered a dividend yield of 2.9 percent on the then-prevailing share price, reflecting the cash dividend profile that income-focused investors often consider alongside valuation multiples when appraising large US financial institutions.MarketScreener as of 05/03/2026

In its Q1 2026 press release dated 04/16/2026, Bank of New York Mellon Corp noted that it returned approximately USD 900 million to common shareholders during the quarter through a combination of dividends and share repurchases, a capital-return pattern that also influences how investors interpret the bank’s dividend yield and total-shareholder-return profile over time.Bank of New York Mellon Corp Q1 2026 earnings release as of 04/16/2026

Conclusion

For Bank of New York Mellon Corp, the scheduled NYSE ticker change from BK to BNY later in May 2026 comes against a backdrop of solid reported earnings for Q1 2026 and valuation ratios that broadly align with other large US custody and trust banking peers. The combination of earnings power, capital returns and an established dividend yield helps frame how investors interpret the stock’s current price-to-earnings and price-to-book multiples as the US financial group adjusts its market branding while maintaining continuity in its legal and capital structure.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.