BNY (BK) stock analysis
BNY (BK) clears 8 of this site's 8 mechanical value filters, 5 of 8 Buffett-style checks and 4 of 5 Lynch-style checks. At $150.17 it trades 17.5% below this site's neutral DCF value (a margin of safety of +17.5%). It returns +5.3% to shareholders net of dilution. Figures are as of October 23, 2026, from SEC filings and market data refreshed weekly; this is educational analysis, not investment advice.
Data as of October 23, 2026. Refreshed weekly from SEC filings and market data.
What does BNY do?
BNY (formerly BNY Mellon) is a custody bank: it safekeeps and services financial assets for institutions, runs payments and clearing, and manages money. It has no retail branch network.
Brands and businesses it owns
- BNY
- Pershing
- Dreyfus
- Insight Investment
What stands out about BNY?
- The share price implies 3.3% yearly growth. At $150.17, BK's free cash flow of $10.65 per share would have to grow 3.3% a year, fading to 2.5% by year 10, for this site's DCF (10% discount rate) to match the price. This site's baseline starts at 8%, so the price asks for less growth than the baseline. Change the assumptions.
- No filter fails. BK passes 8 of the 8 value filters. See every filter.
- P/E at the top of its own range. BK trades at 15.8× trailing earnings; at the end of each of its last 5 fiscal years the multiple was between 12.4× and 15.0×.
- Returns 5.3% of its value to owners a year. Dividends plus buybacks, minus the stock issued to staff, as a share of market value. See Shareholder Yield Leaders.
- Revenue grew 24.5% a year. From $3.6 billion in fiscal 2016 to $25.6 billion in fiscal 2025, from its own 10-K filings.
How has BNY's share price moved?
The interactive price chart needs JavaScript.
Is BNY undervalued? The value diligence check
Every value-investing signal this site computes for this stock, gathered in one place: the same real numbers from the tools below, not a new score.
- Margin of safety (DCF) +17.5%
- P/E vs. its own history 15.8x · at/above its priciest point Real range: 12.4x–15.0x over 5 years (net income per diluted share from each fiscal year's 10-K, paired with the real closing price at that fiscal year-end).
- Earnings quality (is the profit real?) n/a (bank, insurer or REIT)
- Shareholder yield (cash back to owners) +5.3% net Latest fiscal year (2025): dividends 1.5% + buybacks 3.8% − stock comp 0.0%, as a share of today's market cap. Over 14 years its split-adjusted share count fell 41%. See Shareholder Yield Leaders.
- Capital needed to grow (See's test) n/a (bank, insurer, lender or REIT)
- PEG (growth at a reasonable price) 0.54 · Under fair P/E 15.8× ÷ 29.5% a year of growth behind it. 41st lowest of 447 stocks with a usable PEG. Lynch's fair value is a PEG of 1; a very high PEG usually means almost no growth, a very low one a profit spike. See PEG Ratio Ranking.
- Compounder lenses (4) 2 of 4 · misses capital-light (n/a), real profit (n/a) Capital-light growth: cannot be measured (bank, insurer, lender or REIT); Profit is real: cannot be measured (bank, insurer or REIT); Cash to owners: cleared; Fair price (PEG): cleared. See Compounders at a Fair Price, which also lets you move the PEG bar.
- Value trap check Clear
- Munger's Inversion Check 0 flags
- Dividend payout sustainability 0/6 · clean
What would Buffett & Lynch say?
Buffett's checklist is built around durable, profitable businesses bought at sensible prices, and BK doesn't clear enough of it yet. In its favor: BK is currently earning a strong return on shareholders' equity, converts sales into profit at healthy margins, has grown earnings per share at a solid clip over five years, is trading below what a conservative discounted-cash-flow estimate says it's worth - his own "price is what you pay, value is what you get" test, not a fixed multiple ceiling, and trades at a reasonable multiple of owner earnings, his own term for the real cash a business could pay out. Where it comes up short: BK and its five-year average return on equity falls short too, so this isn't just a one-off dip, carries more debt relative to equity than he typically tolerates, and doesn't cover its interest expense as comfortably as he'd want.
- ROE (TTM) > 11% ✓
- ROE (5yr avg) > 11% ✕
- Debt/Equity < 0.5 ✕
- Pretax margin > 15% ✓
- EPS growth (5yr) > 7% ✓
- Interest coverage > 5x ✕
- Trading below intrinsic value (DCF) ✓
- Price vs. owner earnings < 25x ✓
- Bonus: returning capital via buybacks FY2025
Lynch looked for growth stories that weren't overpriced for that growth, and BK falls short of his bar. In its favor: BK clears an even tighter PEG-under-1 bar he'd want for a stock growing this fast, is growing earnings 20-50% a year, his classic fast-grower zone, isn't asking too much even by a fast grower's usual richer multiple, and is generating real cash to back up a fast grower's higher price tag. Where it comes up short: BK is leaning on more debt than he liked a growth story to carry.
- PEG < 1 (stricter for fast growers) ✓
- EPS growth 20%-50% ✓
- Debt/Equity < 0.5 ✕
- P/E < 40 ✓
- Price/FCF < 40 ✓
Quantitative approximations of each investor's documented approach, not endorsed by either investor or their estates - commentary, not this site's actual ranking criteria. Buffett never published a numeric checklist: only 2 of his 8 checks here trace to his own documented concepts ("owner earnings," from his 1986 shareholder letter, and "price is what you pay, value is what you get," his case against fixed P/E/P/B ceilings) - the other 6 (ROE, debt, margins, growth, interest coverage) use commonly-cited thresholds that are not numbers he himself published. The 8 hard filters below (plus the Munger check and Graham margin of safety) are this site's real, mechanical screen and are computed completely independently of the checklists above.
Berkshire Hathaway's own filing
Which of the 8 value filters does BNY pass?
- Market Cap > $25B $94.1B
- Trailing P/E < 25 15.79
- PEG Ratio < 1.5 0.54
- Price/Book < 8 2.10
- Price/Sales < 7 2.13
- EPS Growth YoY > -5% +39.4%
- vs 50-day MA (±12%) -5.2%
- vs 200-day MA (±12%) +4.9%
What is BNY's margin of safety?
+17% on 2026-10-07 → +17% on 2026-10-23 (5 weekly readings).
Where is BNY in its 52-week range?
What is the short interest in BNY?
11,015,314 shares short as of 2026-05-15 (FINRA settlement date). Reported twice a month, so this only changes roughly every two weeks, not daily.
What could go wrong with BNY? Munger's inversion check
"Invert, always invert." Instead of reasons to buy, these are reasons to hesitate, not a verdict, and not everything worth knowing about a business.
- Margin of safety, even in the bull case +51%
- Passes most of the 6 fundamental filters 6/6 passed
- Price run-up backed by value, not just momentum +40% off 52wk low
- Debt/equity stable since 2016 0.63 → 0.72
Doesn't cover circle of competence, management quality, or accounting concerns: those need judgment, not data.
How much have BNY shareholders gained per year?
Earnings growth per share plus dividend.
An earnings-based proxy, not a stock-price total return - it doesn't capture multiple expansion/contraction or reinvested dividends. EPS from BK's own 10-K filings; dividend yield is the current trailing yield on today's price, from the same weekly fetch as the rest of this site.
What do BNY's 10-year financials show?
From BK's own 10-K filings (SEC EDGAR): up to the last 10 fiscal years. Press any year's bars for the exact figures.
Frequently asked questions about BNY
What kind of company is BNY?
BNY (formerly BNY Mellon) is a custody bank: it safekeeps and services financial assets for institutions, runs payments and clearing, and manages money. It has no retail branch network. Brands and businesses it owns include BNY, Pershing, Dreyfus and Insight Investment.
Is BNY trading above or below its DCF value?
At $150.17, BK trades 17.5% below this site's neutral DCF value of $181.93 per share, a margin of safety of +17.5%. That DCF projects free cash flow for 10 years, with growth starting at 8% and fading to 2.5%, discounted at 10%; it is one set of assumptions, not a forecast. Test your own in the Intrinsic Value Calculator.
How many of this site's 8 value filters does BNY pass?
BK passes 8 of 8. It passes Market Cap > $25B ($94.1B), Trailing P/E < 25 (15.79), PEG Ratio < 1.5 (0.54), Price/Book < 8 (2.10), Price/Sales < 7 (2.13), EPS Growth YoY > -5% (+39.4%), vs 50-day MA (±12%) (-5.2%) and vs 200-day MA (±12%) (+4.9%). The 8-filter list shows every stock that passes all of them.
What growth is BNY's share price pricing in?
At $150.17, BK's free cash flow of $10.65 per share would have to grow 3.3% a year, fading to 2.5% by year 10, for this site's DCF (10% discount rate) to match the price. This site's baseline starts at 8%, so the price asks for less growth than the baseline. Change the assumptions.
How fast has BNY grown its revenue and profit?
From fiscal 2016 to fiscal 2025, BK's revenue grew from $3.6 billion to $25.6 billion, 24.5% a year. Net income went from $3.5 billion to $5.5 billion, and its net profit margin from 99.2% to 21.7%. Earnings per share went from $3.31 to $7.74 on today's share count, 9.9% a year. In fiscal 2025 it produced $5.2 billion of free cash flow (cash from operations minus capital spending), 20.2% of its revenue. All figures are from BK's own 10-K filings (SEC EDGAR) and are shown year by year in the 10-Year Financials section of the card above.
Is BNY's P/E ratio high or low compared with its own history?
BK trades at 15.8× trailing earnings. At the end of each of its last 5 fiscal years its P/E was between 12.4× and 15.0× (average 13.6×), so today's multiple is at or above the highest of those years. Each year's P/E pairs net income per diluted share from the 10-K with the closing price at that fiscal year-end.
Where do these numbers come from?
- Financial statements: BNY's 10-K annual report for the year ended Dec 31, 2025, filed Feb 25, 2026 (filing index). Every earlier year in the 10-year financials comes from the company's older 10-K filings, all listed on SEC EDGAR.
- Prices and market data: quotes, P/E and analyst ratings from Finnhub; daily price history and the 52-week range from Twelve Data, both refreshed weekly. Short interest comes from FINRA, reported twice a month.
- How to check a figure: click any number in the card above to see its exact source, and read the Editorial Standards for every rule behind the checks.
About this BNY analysis
This page shows every value-investing check the site runs on BNY (BK) in one place: the 8 mechanical filters, the Buffett and Lynch checklists, a margin of safety from a disclosed DCF, earnings quality, shareholder yield and how it ranks against its sector peers. The numbers come from SEC filings and public market data, refreshed weekly, and the same rules apply to every stock on the stock list. See Editorial Standards for the sources and the rules, or run your own filters in the stock screener.