The Retirement Learning Lab, with Van Richards, ChFC®

Daily Stock Analysis – BNY Mellon – Even financial giants grapple with COVID 19 impact.

February 04, 2021 Van Richards, ChFC® Season 1 Episode 13
Daily Stock Analysis – BNY Mellon – Even financial giants grapple with COVID 19 impact.
The Retirement Learning Lab, with Van Richards, ChFC®
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The Retirement Learning Lab, with Van Richards, ChFC®
Daily Stock Analysis – BNY Mellon – Even financial giants grapple with COVID 19 impact.
Feb 04, 2021 Season 1 Episode 13
Van Richards, ChFC®

Bank of New York Mellon Corporation is like a giant, spinning plates while skating on ice. While that may seem impossible, BNY Mellon is handling the pressure with grace. Service fees generate about 80% of BNY Mellon's revenue. Most of their seven lines of business continue to produce but at a level rate. Hopefully, 2021 may change the economic trends of 2020. That is what I am talking about today on the Daily Stock Analysis.

 

Listen, learn,  and subscribe. If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning  #investing #economy #bankingindustry

Additionally, if you are in Texas and you're frustrated with your personal financial growth, I have a new program for that called the Prosperous Planning Process. Learn more about turning a lack of financial control into abundance at https://richardsfinancialplanning.com/

One last point from our sponsor, Advice4LifeInsurance.com.  If you need life insurance, 
 you can find the best life insurance at the lowest price in less than five minutes.  Visit their website at https://www.advice4lifeinsurance.com

References from today's show:

BNY Mellon 2020 Quarterly Financial Highlights (PDF) https://www.bnymellon.com/content/dam/bnymellon/documents/pdf/investor-relations/quarterly-financial-highlights-4q-2020.pdf.coredownload.pdf

BNY Mellon Financial Supplement Fourth Quarter 2020 (PDF) https://www.bnymellon.com/content/dam/bnymellon/documents/pdf/investor-relations/financial-supplement-4q-2020.pdf.coredownload.pdf

Not an official BNY Mellon video. For educational purposes only. Not an offer to buy or sell any stock or an offer of advice. 

There are limits to the information provided. At the end of the video, please read the disclosure. Or at the end of the podcast, please listen to the disclosure for Richards Financial Planning, LLC.

Show Notes

Bank of New York Mellon Corporation is like a giant, spinning plates while skating on ice. While that may seem impossible, BNY Mellon is handling the pressure with grace. Service fees generate about 80% of BNY Mellon's revenue. Most of their seven lines of business continue to produce but at a level rate. Hopefully, 2021 may change the economic trends of 2020. That is what I am talking about today on the Daily Stock Analysis.

 

Listen, learn,  and subscribe. If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning  #investing #economy #bankingindustry

Additionally, if you are in Texas and you're frustrated with your personal financial growth, I have a new program for that called the Prosperous Planning Process. Learn more about turning a lack of financial control into abundance at https://richardsfinancialplanning.com/

One last point from our sponsor, Advice4LifeInsurance.com.  If you need life insurance, 
 you can find the best life insurance at the lowest price in less than five minutes.  Visit their website at https://www.advice4lifeinsurance.com

References from today's show:

BNY Mellon 2020 Quarterly Financial Highlights (PDF) https://www.bnymellon.com/content/dam/bnymellon/documents/pdf/investor-relations/quarterly-financial-highlights-4q-2020.pdf.coredownload.pdf

BNY Mellon Financial Supplement Fourth Quarter 2020 (PDF) https://www.bnymellon.com/content/dam/bnymellon/documents/pdf/investor-relations/financial-supplement-4q-2020.pdf.coredownload.pdf

Not an official BNY Mellon video. For educational purposes only. Not an offer to buy or sell any stock or an offer of advice. 

There are limits to the information provided. At the end of the video, please read the disclosure. Or at the end of the podcast, please listen to the disclosure for Richards Financial Planning, LLC.