BNY Mellon is an American investment banking services company formed by the merger of The Bank of New York and the Mellon Financial Corporation in 2007. Learn the latest information and analysis on the company, BK stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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BK has a stable business model and has good potential to generate future growth. The company is well diversified and continues to use tech to transform its operations. It also continues to develop payment solutions and aims to be a leading crypto custodian. Within the next 16 months, the company can buy out > 14% of the capitalization.
The stock is one of Warren Buffett’s major investments, his fund Berkshire Hathaway holds $4.20 billion in BK stock. After a 20% fall since its all-time highs in November 2021, the BNY Mellon stock price of $733 is one Warren Buffett himself would like if he were to invest now.
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