Thread regarding Bank of New York Mellon Corp. layoffs

Wall Street’s opinion. Different than EC’s daily mantra

Market Cap: $78.91 billion
Tracing its roots back to 1784 when it was founded by Alexander Hamilton, BNY (NYSE:BK) is a global financial institution that provides asset servicing, wealth management, and investment services to institutions, corporations, and high-net-worth individuals.
Why Does BK Give Us Pause?
Large revenue base makes it harder to increase sales quickly, and its annual revenue growth of 4.7% over the last five years was below our standards for the financials sector
Sizable asset base leads to capital growth challenges as its 3.2% annual tangible book value per share increases over the last five years fell short of other financials companies
Below-average return on equity indicates management struggled to find compelling investment opportunities
BNY’s stock price of $114.53 implies a valuation ratio of 14x forward P/E.


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Post ID: @OP+1kn0fb4tf

3 replies (most recent on top)

@cv Why not consider investing it in BK food rather than BK stock? While working from home may not be an option, you can certainly enjoy eating your Whopper combo meal wherever you like, all while 'having it your way' and even donning a crown for that extra touch of royalty! Doesn't that make you feel just a little more important?

Meanwhile, RV and his EC inner circle seem to be putting on quite the corporate theater for their captive audience of junior analyst serfs and new college grad minions. Just a bit of food for thought as you ponder how to make the most of your bonus while paying extra this year for RTO tolls, parking, gas, and related business expenses. Hope this brings a smile to your day!

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Post ID: @d1+1kn0fb4tf

Whoa, whoa, whoa. Hold on there with the negativity.

After 3 years, I now have BNY stock worth $600. I’m not saying RV is going to make me a billionaire by the time I retire by requiring me to invest my yearly bonus in BK stocks, but maybe I can become a thousandaire.

RV - helping the little people dream big

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Post ID: @cv+1kn0fb4tf

https://finance.yahoo.com/markets/stocks/articles/3-financials-stocks-warning-signs-091018386.html?guccounter=1

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Post ID: @cn+1kn0fb4tf

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