Bank Retained Earnings vs Earning Assets Analysis
BK Stock | USD 81.87 0.13 0.16% |
Bank of New York financial indicator trend analysis is way more than just evaluating Bank of New York prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of New York is a good investment. Please check the relationship between Bank of New York Retained Earnings and its Earning Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Retained Earnings vs Earning Assets
Retained Earnings vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of New York Retained Earnings account and Earning Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bank of New York's Retained Earnings and Earning Assets is 0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Earning Assets in the same time period over historical financial statements of Bank of New, assuming nothing else is changed. The correlation between historical values of Bank of New York's Retained Earnings and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Bank of New are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Retained Earnings i.e., Bank of New York's Retained Earnings and Earning Assets go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Earning Assets
Most indicators from Bank of New York's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of New York current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. The value of Selling General Administrative is expected to slide to about 3.7 B. The value of Discontinued Operations is estimated to slide to about (79.7 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 227M | 3.6B | 16.3B | 17.1B | Depreciation And Amortization | 1.9B | 1.6B | 1.7B | 1.8B |
Bank of New York fundamental ratios Correlations
Click cells to compare fundamentals
Bank of New York Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of New York fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 381.5B | 469.6B | 444.4B | 405.8B | 410.0B | 430.5B | |
Short Long Term Debt Total | 36.9B | 74.0B | 72.1B | 72.5B | 31.7B | 20.4B | |
Other Current Liab | (168M) | (41.8B) | (40.1B) | (41.8B) | (24.1B) | (22.9B) | |
Total Current Liabilities | 22.7B | 25.1B | 25.2B | 23.4B | 90.5B | 95.1B | |
Total Stockholder Equity | 41.5B | 45.8B | 43.0B | 40.7B | 40.9B | 42.9B | |
Property Plant And Equipment Net | 3.6B | 3.6B | 3.4B | 3.3B | 3.2B | 3.3B | |
Net Debt | (82.6B) | (139.0B) | (94.7B) | (83.0B) | (93.5B) | (88.8B) | |
Retained Earnings | 31.9B | 34.2B | 36.7B | 37.9B | 39.7B | 41.6B | |
Non Currrent Assets Other | (161.0B) | (196.3B) | (203.1B) | 3.7B | 189.6B | 199.1B | |
Other Assets | 47.5B | 48.2B | 68.6B | 66.1B | 144.8B | 152.1B | |
Common Stock Shares Outstanding | 943.1M | 892.5M | 856.4M | 814.8M | 787.8M | 871.9M | |
Liabilities And Stockholders Equity | 381.5B | 469.6B | 444.4B | 405.8B | 410.0B | 430.5B | |
Non Current Liabilities Total | 28.1B | 26.3B | 26.7B | 23.4B | 374.3B | 393.0B | |
Other Stockholder Equity | 8.7B | 8.0B | 3.7B | 4.0B | 1.8B | 1.7B | |
Total Liab | 339.8B | 423.5B | 401.0B | 364.9B | 368.9B | 387.4B | |
Property Plant And Equipment Gross | 1.6B | 1.8B | 3.6B | 3.6B | 4.1B | 4.3B | |
Non Current Assets Total | 161.0B | 196.3B | 203.1B | 178.8B | 231.3B | 242.9B | |
Current Deferred Revenue | 168M | 167M | 163M | 164M | 172M | 180.6M | |
Accounts Payable | 18.8B | 25.1B | 25.2B | 23.4B | 18.4B | 9.7B | |
Cash | 114.7B | 165.3B | 121.3B | 113.9B | 125.2B | 63.2B | |
Cash And Short Term Investments | 172.4B | 224.6B | 166.8B | 154.0B | 33.8B | 32.1B | |
Net Receivables | 624M | 510M | 5.9B | 858M | 8.6B | 9.0B | |
Total Current Assets | 173.1B | 225.1B | 172.7B | 160.9B | 33.8B | 32.1B | |
Accumulated Other Comprehensive Income | (2.6B) | (985M) | (2.2B) | (6.0B) | (4.9B) | (4.6B) | |
Short Term Debt | 4.0B | 41.6B | 39.9B | 41.7B | 36.7B | 38.5B | |
Other Liab | 5.1B | 7.5B | 6.7B | 6.5B | 5.8B | 5.5B | |
Long Term Debt | 32.9B | 32.4B | 32.1B | 30.9B | 31.7B | 24.6B | |
Short Term Investments | 57.8B | 59.3B | 45.5B | 46.6B | (91.4B) | (86.8B) | |
Inventory | (165.5B) | (218.8B) | (179.4B) | (150.9B) | 107.9B | 113.3B | |
Treasury Stock | (15.5B) | (18.8B) | (19.8B) | (24.4B) | (22.0B) | (20.9B) | |
Property Plant Equipment | 3.6B | 3.6B | 3.4B | 3.3B | 3.7B | 1.9B | |
Good Will | 17.4B | 17.5B | 17.5B | 16.2B | 16.3B | 15.0B | |
Other Current Assets | 165.5B | 218.8B | 179.4B | 157.0B | 178.7B | 187.6B | |
Intangible Assets | 3.1B | 3.0B | 5.1B | 2.9B | 5.3B | 3.4B | |
Noncontrolling Interest In Consolidated Entity | 101M | 102M | 143M | 196M | 176.4M | 167.6M | |
Retained Earnings Total Equity | 28.7B | 31.9B | 34.2B | 36.7B | 42.2B | 25.4B |
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of New York. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.22 | Dividend Share 1.73 | Earnings Share 4.47 | Revenue Per Share 23.65 | Quarterly Revenue Growth 0.047 |
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.