7 Things You Need to Know About The Bank of New York Mellon Corporation (BK)

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5. BoNY pays a decent dividend
JPMorgan Chase & Co.
(NYSE:JPM) may pay 2.4% — lovely for one of the big banks — but BoNY’s 1.8% is respectable, and easily beats B of A’s 0.3%, Citi’s 0.1%, and even Goldman Sachs Group, Inc. (NYSE:GS)‘ 1.3%.

6. Fabulous stress-test results
The Federal Reserve has just released the first results of its 2013 stress tests: The Tier 1 common-ratio results, which measures capital as a share of risk-weighted assets. This ratio tells you how well the bank would perform in a severe economic downturn.

The Fed’s minimum Tier 1 ratio is 5%, and BoNY’s was a whopping 13.2%, easily surpassing JPMorgan’s 6.3%, B of A’s 6.8%, Citi’s 8.3%, and even Wells Fargo & Co (NYSE:WFC)‘s 7%.

7. Increased asset-servicing and investment-management revenues
As increased post-crisis regulation begins to bite, and banks have to find new and less risky ways to make money, some — including Goldman and Citi — are turning to old standbys such as asset and investment management.

With a fourth-quarter 7% year-over-year increase in asset-servicing fees, and a 17% year-over-year increase in investment-management fees, The Bank of New York Mellon Corporation (NYSE:BK) is taking making significant progress down this increasingly important revenue trail.

Final Foolish thought
There you have it — seven easy metrics to help get your head around The Bank of New York Mellon Corporation (NYSE:BK), a big American bank that doesn’t get the attention it deserves.

The article 7 Things You Need to Know About BNY Mellon originally appeared on Fool.com and is written by John Grgurich.

Fool contributor John Grgurich owns shares of Goldman Sachs and JPMorgan Chase. Follow John’s dispatches from the bleeding heart of capitalism on Twitter @TMFGrgurich. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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