Here’s How Much You Would Have Made Owning Bank of New York Mellon Stock In The Last 15 Years

Bank of New York Mellon Corp

Bank of New York Mellon Corp

BNY

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Bank of New York Mellon (NYSE:BNY) has outperformed the market over the past 15 years by 1.76% on an annualized basis producing an average annual return of 15.18%. Currently, Bank of New York Mellon has a market capitalization of $110.61 billion.

Buying $1000 In BNY: If an investor had bought $1000 of BNY stock 15 years ago, it would be worth $8,154.89 today based on a price of $163.02 for BNY at the time of writing.

Bank of New York Mellon’s Performance Over Last 15 Years

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Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.