$1000 Invested In Bank of New York Mellon 10 Years Ago Would Be Worth This Much Today

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 10 years by 1.3% on an annualized basis producing an average annual return of 14.81%. Currently, Bank of New York Mellon has a market capitalization of $106.76 billion.

Buying $1000 In BNY: If an investor had bought $1000 of BNY stock 10 years ago, it would be worth $3,963.52 today based on a price of $157.34 for BNY at the time of writing.

Bank of New York Mellon’s Performance Over Last 10 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.