Stock fact sheet · data as of
Bank of New York Mellon Corp (BNY): fair value, margin of safety and Wheel Score
Financial Services · Investment - Banking & Investment Services · United States · Blend
Is BNY undervalued?
BNY closed at 142.09 on 16 Oct 2026 against a GLS average fair value of 142.53 - exactly at fair value, which our screens read as "fairly priced". 3 of 9 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
There is a wide gap between DDM (33.42) and DCF (412.85). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files BNY under Blend.
Nine valuation models for BNY
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 412.85 | +191% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 101.23 | -29% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 221.70 | +56% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 82.46 | -42% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 183.51 | +29% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 98.13 | -31% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 68.72 | -52% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 33.42 | -76% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 80.80 | -43% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -228.45 | -261% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 166.00 | +17% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Bank of New York Mellon Corp scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. On durability BNY scores 6.4/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are moderate - ROIC 7.1%, ROE 12.5%, ROA 1.2% - with debt at 0.76 times equity and a free-cash-flow yield of 1.7%.
The dividend yield is 1.60% at a payout ratio of 35%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Financial Service 77%, Investment Advisory, Management and Adm… 22%, Distribution and Shareholder Service 1% (quarter Q2 FY2026).
Institutional ownership scores 1/10, insider activity 3/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 7.1% |
|---|---|---|---|
| GLS Moat | 6.4 / 10 | ROE | 12.5% |
| Debt / equity | 0.76 | ROA | 1.2% |
| Free-cash-flow yield | 1.7% | Payout ratio | 35% |
| Institutions | 1 / 10 | Insiders · Congress | 3 · 5 / 10 |
Wheel Score 65: Good
With a Wheel Score of 65 - the Good band - Bank of New York Mellon Corp falls just short of the Sunday Scan's "70 or higher" rule. The parts: Value 13/25, Health 9/20, Moat 10/15, Premium 14/20, Stability 20/20; Health (9/20) scores lowest.
Implied volatility is 29% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (14 of 20 points). The option chain is deep: 135,926 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 6.8M shares a day on a market cap of $96.4B, with a beta of 1.05; the Stability part of the Wheel Score gives that 20 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 13 / 25 | 0% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 10 / 15 | moat 6.4/10 | |
| Premium | 14 / 20 | implied volatility 29% | |
| Stability | 20 / 20 | 6.8M shares/day, $96.4B cap, beta 1.05 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 12 Jan 2027, 88 days away - outside the window of a 30-45-day put sold today. The shares go ex-dividend on 26 Oct 2026 (0.6300 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Investment - Banking & Investment Services
The 8 companies below are the closest to Bank of New York Mellon Corp by market cap within the Investment - Banking & Investment Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| IBKR Interactive Brokers Group, Inc. | 86.03 | 198.39 | +57% | 90Prime | $151.2B |
| HLI Houlihan Lokey, Inc. | 128.51 | 165.16 | +22% | 77Good | $9.0B |
| PIPR Piper Sandler Companies | 64.48 | 137.37 | +53% | 83Prime | $4.6B |
| PJT PJT Partners Inc. | 132.18 | 267.10 | +51% | 85Prime | $3.4B |
| BRBI BRBI BR Partners S.A. ADSs | 14.39 | 23.31 | +38% | 31No options | $378M |
| CURN Currency Exchange International, Corp. | 21.85 | 38.49 | +43% | 39No options | $129M |
| STEX Streamex Corp. | 0.4301 | - | - | 34Weak | $50M |
| AMTD AMTD IDEA Group | 0.5675 | 45.83 | +99% | 39No options | $4M |
⚖ Compare BNY with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about BNY
Is BNY undervalued right now?
Not meaningfully: at 142.09 the stock trades within a few percent of the GLS average fair value of 142.53 (exactly at fair value, data as of 16 Oct 2026).
What is the Wheel Score of BNY and what does it mean?
BNY scores 65 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for BNY?
142.53 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Bank of New York Mellon Corp report earnings next?
The next earnings report is due on 12 Jan 2027, 88 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does BNY have listed options, and how liquid are they?
Yes. The nightly snapshot found 502 listed contracts with 135,926 open interest across all expiries and implied volatility of 29% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.