/Bank%20Of%20New%20York%20Mellon%20Corp%20location%20sign-by%20JHVEPhoto%20via%20Shutterstock.jpg)
Valued at $62.3 billion by market cap, New York-based Bank of New York Mellon Corporation (BK) holds the title of America's oldest bank in New York City. BNY provides various financial services and serves numerous institutions, corporations, government agencies, endowments, foundations, and HNIs globally.
The banking giant has significantly outpaced the broader market over the past year. BNY has soared 52% over the past 52 weeks and 14.5% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 12.7% gains over the past year and a marginal 8 bps uptick in 2025.