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212-635-1216
One Wall Street
New York, NY 10286

The Bank of New York Mellon is a publicly traded financial services corporation that is also referred to as BNY Mellon (NYSE: BK). The first Secretary of the Treasury of the United States, Alexander Hamilton, originally established The Bank of New York in 1784. In 2006, the bank merged with Mellon Financial Corporation to form one of the largest securities firms in the world. BNY Mellon provides solutions and services for a range of financial industries including broker-dealers, insurance companies, banks, and European pensions. Investment and wealth management services are also available and provide institutions, governments, and individuals with guidance on bond and equity markets, planned giving programs, endowments and foundations.

As of the time of this writing, Bank of New York Mellon does not offer depository banking products to individuals or businesses, but focuses its core business on advisory services, broker-dealer relationships, and issuance and treasury services. BNY Mellon is headquartered in New York, New York, and serves its clients through multiple locations located in larger metropolitan cities.

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Health

Data for Q4 2013

A
The Bank of New York Mellon consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

639 - The Bank of New York Mellon
7946 - BNY Mellon, National Association
24867 - BNY Mellon Trust of Delaware
23472 - The Bank of New York Mellon Trust Company, National Association

Institution Health

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 The Bank of New York Mellon had $148 million in non-current loans and owned real-estate with $19.92 billion in equity and loan loss allowances on hand to cover it. This gives The Bank of New York Mellon a Texas Ratio of 0.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for The Bank of New York Mellon decreased dramatically from 1.12% as of December 31, 2012 to 0.74% as of December 31, 2013, resulting in a positive change of 33.56%.This indicates that the balance sheet and financial strength for The Bank of New York Mellon has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, The Bank of New York Mellon has increased its total deposits by $13.42 billion, resulting in 5.6% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Bank of New York Mellon has shown is excellent.

Capitalization

GRADE:
C-

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Bank of New York Mellon has $296.63 billion in assets with $19.92 billion in equity, resulting in a capitalization level of 6.72%, which is below average.

Institution Statistics

Overall
FDIC Certificate #639
Year Established1851
Employees34822
Primary RegulatorFED
Assets and Liabilities
Assets$296.63 billion
Loans$30.58 billion
Deposits$252.86 billion
Equity Capital$19.73 billion
Loan Loss Allowance$195.00 million
Unbacked Noncurrent Loans$145.00 million
Real Estate Owned$3.00 million
Historic Data - December 2012
Assets$282.44 billion
Equity Capital$19.70 billion
Loan Loss Allowance$243.00 million
Unbacked Noncurrent Loans$145.00 million
Real Estate Owned$4.00 million
Profit Margin - Quarterly
Net Interest Margin1.03%
Return on Assets0.33%
Return on Equity4.87%
Interest Income$2.77 billion
Rates

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Locations

The Bank of New York Mellon has 56 locations. Click to view all The Bank of New York Mellon locations.