Bank of New York Mellon: we collect fees with no credit risk

I recently bought some stock of this bank. In reading the annual report I really liked many aspects of their different businesses.

bk logo

Bank of New york mellon


  1. Net income is going up & share count is going down thanks to share buybacks.

  2. EPS is going up, profitability is gaining traction.

  3. 80% of the revenue is fee based, they don’t take credit risk and that is a big +

  4. they raised the dividend by 18% this year and their payout ratio is only 26% = it’s a safe and long term growing dividend.

fy bk




Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at

Up ↑

%d bloggers like this: