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 $96.05 per share. The share price was $151.23 on November 10, 2026, 57% 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% | $45.11 | -70% |
| Base | 5.0% | 9.0% | $96.05 | -36% |
| Bull | 10.0% | 8.0% | $191.14 | +26% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $132.49 | $143.58 | $157.14 | $174.09 | $195.88 |
| 8.0% | $105.32 | $112.51 | $121.01 | $131.22 | $143.68 |
| 9.0% | $85.45 | $90.37 | $96.05 | $102.67 | $110.49 |
| 10.0% | $70.31 | $73.80 | $77.77 | $82.30 | $87.53 |
| 11.0% | $58.39 | $60.95 | $63.82 | $67.04 | $70.70 |
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