Bank of New York Mellon (NYSE:BK) has outperformed the market over the past 5 years by 9.82% on an annualized basis producing an average annual return of 21.2%. Currently, Bank of New York Mellon has a market capitalization of $79.92 billion.
Buying $1000 In BK: If an investor had bought $1000 of BK stock 5 years ago, it would be worth $2,566.69 today based on a price of $116.12 for BK at the time of writing.
Bank of New York Mellon's Performance Over Last 5 Years
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.
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