Bank of New York Mellon (NYSE:BNY) has outperformed the market over the past 15 years by 1.42% on an annualized basis producing an average annual return of 14.76%. Currently, Bank of New York Mellon has a market capitalization of $98.52 billion.
Buying $1000 In BNY: If an investor had bought $1000 of BNY stock 15 years ago, it would be worth $7,911.93 today based on a price of $145.20 for BNY at the time of writing.
Bank of New York Mellon’s Performance Over Last 15 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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