What is Bank of New York Mellon Corp worth?
With the base-case assumptions below, a discounted cash flow model on Bank of New York Mellon Corp's reported free cash flow gives $101.19 per share. The share price was $150.15 on September 25, 2026, 48% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | $50.26 | -67% |
| Base | 5.0% | 9.0% | $101.19 | -33% |
| Bull | 10.0% | 8.0% | $196.29 | +31% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $137.63 | $148.73 | $162.28 | $179.23 | $201.02 |
| 8.0% | $110.46 | $117.66 | $126.16 | $136.36 | $148.83 |
| 9.0% | $90.60 | $95.51 | $101.19 | $107.81 | $115.64 |
| 10.0% | $75.45 | $78.95 | $82.91 | $87.44 | $92.67 |
| 11.0% | $63.53 | $66.10 | $68.96 | $72.19 | $75.84 |
Where the presets come from
Base: years 1 to 5 grow at Bank of New York Mellon Corp's revenue growth rate over the last 5 fiscal years (4.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions